CRYPTO is squarely in the crosshairs of Washington regulators, with fresh calls for stricter controls before the industry can get big enough to affect the broader financial system.
US PROSECUTORS have filed criminal charges of commodities fraud and manipulation against a man accused of trying to steal about US$110 million in October by rigging the Mango Markets cryptocurrency exchange.
FEDERAL prosecutors are investigating an alleged cybercrime that drained more than US$370 million out of FTX just hours after the cryptocurrency exchange filed for bankruptcy last month.
US tariffs and Chinese President Xi Jinping’s zero-COVID policy have made it more difficult to do business in China. But prior reform efforts helped Vietnam take advantage of turns in international politics, says this Duke University professor.
