Blog Updates From cointelegraph
- Price analysis 12/5: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT December 5, 2022Crypto markets appear to be losing some of their recent bullish momentum, but a favorable tailwind from equities markets could catalyze a breakout in Bitcoin and select altcoins.Cointelegraph By Rakesh Upadhyay
- Metaverse comes in second place for Oxford's word of the year December 5, 2022The term describing an internet-enabled virtual world lost to 'Goblin mode' in 2022 — "a type of behavior which is unapologetically self-indulgent, lazy, slovenly, or greedy."Cointelegraph By Turner Wright
- Central bank plans to make CBDC 'only legal digital tender' in Indonesia, says gov December 5, 2022“Collaboration and synergy on national and international level is critical to the development of Digital Rupiah,” said Perry Warjiyo.Cointelegraph By Turner Wright
- Maple Finance cuts ties with Orthogonal Trading over alleged misrepresentation of finances December 5, 2022Maple’s decision comes after Orthogonal Trading admitted on Dec. 3 that it was unable to meet loan repayments following the collapse of FTX and its partner Alameda.Cointelegraph By Judith BannermanQuist
- Treasury officials would have done more for national security by leaving Tornado Cash alone December 5, 2022Tornado Cash contributes to our national security interests more than it undermines them.Cointelegraph By J.W. Verret
Blog Updates From FCA
- Update on debt packager proposalsIn November 2021, we consulted (CP 21/30) on new rules to ban debt packagers from receiving fees or other remuneration for referrals to debt solution providers. Following analysis of the feedback we received, we decided to gather some additional evidence from the debt packager market to supplement our existing evidence base. Following the completion of […]FCA
- Hartley Pensions updateWe previously provided an update on Hartley Pensions Limited in July notifying consumers that the firm had entered administration, and Peter Kubik and Brian Johnson of UHY Hacker Young LLP had been appointed as joint administrators. The joint administrators have written to consumers explaining the steps they are taking in the administration, and further information […]FCA
- FCA issues Final Notice to former CEO for anti-money laundering failingsThe Financial Conduct Authority has publicly censured Mohammad Ataur Rahman Prodhan, the former Chief Executive Officer of Sonali Bank (UK) Limited (SBUK) for anti-money laundering (AML) failings. Mr Prodhan was the senior manager at SBUK with responsibility for the establishment and maintenance of effective AML systems and controls. Between 7 June 2012 and 4 March […]FCA
- FCA concerned about problem behaviours linked to trading app designThe Financial Conduct Authority (FCA) has warned stock trading app operators to review design features, including those with game-like elements, which risk prompting consumers to take actions against their own interest. Features include sending frequent notifications with the latest market news and providing consumers with in-app points, badges and celebratory messages for making trades. The […]FCA
- Date set for trial against 5 individuals involved with Worthington Group plcThe trial date for Aidan Earley, Douglas Ware, Richard Spurway, Allan Biggar and Wulstan Earley has been set for 2 September 2024. The trial is expected to last around 4 months. The FCA launched a criminal investigation into market abuse and market manipulation in April 2016, following the suspension of Worthington Group plc’s shares from […]FCA