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SEC Chair Gary Gensler says he gets an “outsized ratio” of questions about crypto despite its relatively small size compared to the overall financial market. The head of the United States securities regulator, Gary Gensler, appears to be getting fed up with answering questions about crypto — recently commenting he…

Under the plan, 98% of FTX creditors will get up to 118% of their claims back — the remainder will receive all of their claims “plus billions in compensation,” says FTX. FTX wants to give 98% of its creditors up to 118% of their allowed claims, while the rest will…

The withdrawal comes a little over two weeks before the United States securities regulator will be forced to make a decision on at least one spot Ether ETF application. Grayscale has made a surprising move to withdraw its 19b-4 application for its Ether (ETH) futures exchange-traded fund, just three weeks…

U.S. authorities indicted former Digitex CEO Adam Todd in February for failure to implement and maintain an effective Anti-Money Laundering program at the exchange. Adam Todd, founder and former CEO of the Digitex Futures Exchange, has pleaded guilty in federal court for failure to establish an Anti-Money Laundering program at…

The bestselling author, philosopher and historian sees grim potential for AI to get out of control in the financial system. The unbridled use of artificial intelligence in the financial system could lead to dire results, author, philosopher and history professor Yuval Noah Harari told an audience at the Bank for…