|MonNov 28||All Day|| |
UK Crypto and Digital Assets Summit
US CFTC Chair Behnam Speaks
EZ ECB President Lagarde Speaks
US Senator Lummis Speaks
|TueNov 29||8:30am|| |
CA GDP m/m
UK BOE Gov Bailey Speaks
US CB Consumer Confidence
CH Manufacturing PMI
The FTX contagion has just claimed another crypto firm. BlockFi will file for Chapter 11 bankruptcy protection later today, a source at the company tells Decrypt. The crypto lender is also laying off a large portion of its staff, the source said. BlockFi, which let users earn yield for depositing idle cryptocurrencies on the platform, first halted ...
tweet at 1:47pm: [DB] Treasury Dept. Announces Settlement With Crypto Exchange Kraken: BBG tweet at 1:47pm: [DB] Kraken Settlement Is Over Iran Sanctions Violations, US Says: BBGSettlement Agreement between the U.S. Department of the Treasury’s Office of Foreign Assets Control and Payward, Inc. ("Kraken") The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced a settlement with Payward, Inc. d/b/a Kraken ("Kraken"), a Delaware-incorporated virtual currency exchange with operations in the United States and elsewhere. Kraken agreed to remit $362,158.70 to settle its potential civil liability for apparent violations of sanctions against Iran. As part of its settlement with OFAC, Kraken also has agreed to invest an additional $100,000 in certain sanctions compliance controls. Due to Kraken’s failure to timely implement appropriate geolocation tools, including an automated internet protocol (IP) address blocking system, Kraken exported services to users who appeared to be in Iran when they engaged in virtual currency transactions on Kraken’s platform. For more information, please visit the following web notice.
Troubled lender BlockFi has filed for Chapter 11 bankruptcy protection, making it the next victim of FTX’s fallout. Once one of the biggest and most rapidly growing startups in the cryptocurrency space, BlockFi has been struggling to keep afloat since the collapse of Three Arrows Capital and other crypto companies in May. In July, competitor crypto lender ...