United States

Crypto / Digital Assets

Action Against Crypto Firm Bitzlato Yields Seizures, More Arrests

By Editors | 25/01/2023

Authorities seized EUR 18 million in crypto wallets and froze EUR 50 million in accounts at other crypto exchanges, Europol says.

Market Infrastructure

NYSE System Issue Causes Trading Halts on Major Stocks

By Editors | 25/01/2023

The regular opening auction “did not occur” for a number of stocks so no opening price was printed. Executed trades will be declared “null and void”.

Crypto / Digital Assets

FTX Explores Possible Revival of Global Crypto Business

By Sanday Chongo Kabange | 25/01/2023

FTX’s replacement CEO believes reviving the business could recover more value for customers than a liquidation of assets or sale of the platform.

Crypto / Digital Assets

Crypto Lender Genesis Files for Bankruptcy Protection

By Editors | 24/01/2023

Genesis has more than 100,000 creditors who may be owed up to USD 10 billion. The biggest creditor is crypto exchange Gemini.

ESG / Sustainability

US Fed Issues Instructions on Climate Scenario Analysis

By Editors | 24/01/2023

Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo are asked to submit their responses by 31 July 2023.

Capital / Liquidity

US OCC Outlines Framework for “Too-Big-to-Manage” Banks

By Editors | 24/01/2023

The OCC is looking to provide more transparency into its escalation framework for dealing with banks that become too big to manage.

Enforcement

SEC Complaint Lodged Against SLB For Misleading Claims

By ESG Investor | 23/01/2023

A whistleblower complaint has been filed to the US SEC calling for an investigation sustainability-linked bonds issued by Brazilian meat giant JBS.

AML / KYC

US SEC Fines Crypto Firm Nexo for Unregistered Securities Offering

By Manesh Samtani | 20/01/2023

Nexo settled charges from US regulators for $45mn. The company was separately raided by Bulgarian authorities last week.

ESG / Sustainability

ISSB “Straying” from Core Purpose with Scope 3 Inclusion

By ESG Investor | 20/01/2023

Despite investors calling for disclosure of all emissions, there are concerns the board is reaching beyond its remit.