New Zealand-based cryptocurrency exchange Cryptopia announced Wednesday that the company is being liquidated. In a press release on its website, the exchange confirmed the appointment of liquidators from accounting firm Grant Thornton New Zealand to secure assets and resolve the company’s outstanding obligations.
The United States Securities and Exchange Commission (SEC) published a decision on Tuesday confirming that it has once again delayed any decision on Bitwise Asset Management’s proposed Bitcoin exchange-traded-fund, or ETF. In its filing, the regulatory agency requested public comment on the issue.
In remarks to an audience at CoinDesk Consensus in New York, U.S. Treasury Department Terrorism and Financial Intelligence Under Secretary Sigal Mandelker called on the cryptocurrency industry to do more to comply with anti-money laundering and counter-terrorist financing (AML/CTF) regulations. During that speech, she suggested that industry actors have a duty to serve U.S. national security, Yahoo Finance reports.
The Senate Committee on Banking, Housing, and Urban Affairs sent a letter to Facebook founder and CEO Mark Zuckerberg this week, in an attempt to get answers about the social media giant’s secretive cryptocurrency project, code-named “Project Libra.”
Bitcoin’s price has surged in the last 24 hours, pushing past $6,900 and approaching the $7,000 mark. The world’s most well-known cryptocurrency’s sudden price bounce also appears to have buoyed the broader crypto markets, as other major coins like bitcoin cash, Ethereum, and Litecoin all enjoyed roughly double-digit price increases during that same period.