FTX is not the only major seller of crypto assets, venture capital funds are also under pressure to return money to their investors, the report said. Source: https://www.coindesk.com/markets/2023/09/12/cryptocurrency-altcoin-crash-is-coming-matrixport/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

FinoaConnect provides the firm’s 300-plus institutional clients with wallet integration for a curated list of permissioned DeFi and Web3 platforms. Source: https://www.coindesk.com/business/2023/09/12/bafin-licensed-crypto-custodian-finoa-will-offer-regulated-defi/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Mashinsky was arrested in June on allegations of misleading investors and manipulating tokens, and also faces parallel actions from multiple regulators Source: https://www.coindesk.com/policy/2023/09/12/former-celsius-ceo-alex-mashinsky-seeks-to-quash-us-ftc-case/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance says the SEC has no evidence to support its allegations that imply investor assets have been wrongfully diverted. Source: https://www.coindesk.com/business/2023/09/12/binance-says-secs-request-for-depositions-overboard-and-unduly-burdensome/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Zodia Custody, a cryptocurrency storage provider and a subsidiary of Standard Chartered, has launched in Singapore, to provide digital asset custody services for financial institutions. Source: https://www.coindesk.com/policy/2023/09/12/standard-chartered-backed-zodia-custody-now-available-in-singapore/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitget anticipates tightened regulations and growth of layer-2 blockchain networks and DeFi technologies bringing about an evolution in how centralized exchanges operate. Source: https://www.coindesk.com/business/2023/09/12/crypto-exchange-bitget-establishes-100m-pot-to-fund-ecosystem-growth/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto markets dropped sharply on Monday, with bitcoin’s price dipping below $25,000. Source: https://www.coindesk.com/markets/2023/09/11/trading-firms-deposit-millions-in-btc-eth-and-arb-to-exchanges-as-crypto-sell-off-intensifies/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The U.K. Financial Conduct Authority crypto promotion rules will be coming into effect by October 8. Source: https://www.coindesk.com/business/2023/09/11/luno-to-halt-some-uk-clients-from-investing-in-crypto-as-regulation-looms/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/consensus-magazine/2023/09/11/will-the-cftc-blot-out-defi-in-the-us/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The G20 can say what it wants on the crypto regulations front. It’s not a threat to the ecosystem, says Noelle Acheson. Source: https://www.coindesk.com/consensus-magazine/2023/09/11/the-g20s-crypto-hand-wringing-is-not-significant/?utm_medium=referral&utm_source=rss&utm_campaign=headlines