Weekly Report (19– 24 Sep. 23) | What Happened This Week In Crypto

This Report will provide some essential and quick news about cryptocurrencies happening worldwide.

1) The Former President Of FTX In The United States Thinks Crypto Regulation Has Potential

There is “hope” that US politicians and regulators can come to an agreement on fair and effective digital asset legislation, according to Brett Harrison, former president of FTX US and now founder and CEO of crypto infrastructure business Architect…[continue reading]

2) Despite Having $80 Million In XRP, BitBoy Crypto Is Asking The Community For Support

BitBoy Crypto’s Ben Armstrong is now embroiled in a legal dispute with his former business partners at HIT Network over assets that Armstrong says rightfully belong to him but were registered in HIT Network’s name…[continue reading]

3) US Congress Shows Support For CBDC Anti-Spying Bill

The ‘CBDC Anti-Surveillance State Act,’ which seeks to prevent the influence of unelected Washington bureaucrats in the issuance of a central bank digital currency (CBDC), has made significant progress in the legislative process. An important hurdle was overcome when it was approved by the House Financial Services Committee…[continue reading]

4) A Liquidity Crisis Hits Dubai’s Crypto Exchange As Regulators Look In

The situation was so bad that on September 18 the exchange declared that all Earn-related businesses would be delisted. JPEX, a cryptocurrency exchange located in Dubai, is in the middle of a liquidity crisis, and its response has sparked debate among investors…[continue reading]

5) A U.S. Judge Has Denied The SEC’s Request To Review Binance’s U.S. Records

There was some good news for Binance U.S. today. Since the U.S. Securities and Exchanges Commission (SEC) filed a lawsuit against it, the cryptocurrency exchange has been in the public eye. The company has lost C-suite employees while also seeing a drop in trade volume…[continue reading]