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UK government proposes additional safeguards against stablecoin failure risks

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The Treasury wants to empower the Financial Market Infrastructure Special Administration Regime to oversee the safe return of customer funds in the event of a stablecoin collapse.

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Coin Market

BTC’s ‘incoming’ $110K call, BlackRock’s $1.1B inflow day, and more: Hodler’s Digest Nov. 3 – 9

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Analyst forecasts $110K Bitcoin price, BlackRock sees $1 billion in daily inflows into spot Bitcoin ETF, and more: Hodler’s Digest

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Coin Market

FTX bankruptcy estate sues Anthony Scaramucci and SkyBridge Capital

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FTX and Alameda Research collapsed in November 2022, causing approximately $8 billion in losses to customers of the now-bankrupt exchange.

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Coin Market

Cumulative traffic to exchanges increased by 8% in October — report

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The election of a pro-crypto President and pro-crypto lawmakers in the United States has brought renewed attention to the crypto markets.

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