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European Union flags fly outside the European Commission headquarters in Brussels

EU urges others to copy its rules for cryptoassets

The rest of the world should copy European Union rules for cryptoassets to create a robust global approach that protects consumers and financial stability, the EU's financial services chief said on Wednesday.
Illustration shows word "Crypto" and stock graph

Crypto stocks slide after Silvergate decides to shut down

Shares of crypto-focused companies fell on Thursday after Silvergate Capital Corp disclosed plans to wind down operations and voluntarily liquidate, as the aftermath of FTX's implosion last year reverberates through the industry.