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Hong Kong Ends Crypto Exchange License Applications, Noncompliant Platforms to Close by May 31
29.2.2024
The Hong Kong Securities and Futures Commission closed its crypto exchange licensing portal on February 29th, setting a May 31st closure deadline for exchanges that haven't completed the process.
The post Hong Kong Ends Crypto Exchange License Applications, Noncompliant Platforms to Close by May...
Chamber of Digital Commerce Files Brief on Behalf of Kraken in Controversial SEC Case
29.2.2024
Crypto advocacy group the Chamber of Digital Commerce has thrown its support behind Kraken in its battle against the United States Securities and Exchange Commission (SEC), according to a February 27 court filing. The brief marks the latest stage in Kraken's legal saga with the federal agency...
Former Director of Blockchain Global Liang Guo Detained in Australia
29.2.2024
In an X post published on February 28, the Australian Securities and Investments Commission (ASIC) announced it had secured an interim travel restraint order from the Federal Court of Australia against Liang Guo, the company’s director.
The post Former Director of Blockchain Global Liang...
Sam Bankman Fried’s Legal Team Cites Autism Spectrum Disorder in Plea for Leniency
29.2.2024
Lawyers for disgraced former FTX CEO Sam Bankman-Fried (SBF) have argued that judges should consider their client’s autism traits when deciding his prison sentence. SBF faces a maximum of 110 years between seven counts of money laundering, wire fraud and securities fraud. However, his defense...
SEC Flags Terraform Labs’ $166 Million Payment to Lawyers – What’s Going On?
29.2.2024
The United States Securities and Exchange Commission (SEC) has flagged Terraform Labs $166 million in payments to Denton since 2023.
The post SEC Flags Terraform Labs’ $166 Million Payment to Lawyers – What’s Going On? appeared first on Cryptonews
Matrixport Files Virtual Asset Trading License Application with Hong Kong SFC
28.2.2024
Matrixport applied for a virtual asset trading license with Hong Kong's securities regulator on Feb. 26. A roster published on the Securities and Futures Commission website showed that the platform's Hong Kong-based branch is called Flying Hippo Technologies.
The post Matrixport Files Virtual Asset...
SEC to “Ramp Up in Enforcement and Regulatory Actions” in 2024, New Report Reveals
27.2.2024
The United States Securities and Exchange Commission (SEC) will continue to “ramp up” its ruling-by-enforcement approach in 2024, Norton Rose Fulbright’s 2024 FinTech Outlook released this past week reveals.
The post SEC to “Ramp Up in Enforcement and Regulatory Actions” in 2024,...
ETC Group Launches Ethereum-Tracking ETP on Deutsche Börse Xetra
27.2.2024
ETC Group, a prominent provider of digital asset-backed securities, has expanded its cryptocurrency product range by introducing an Ethereum (ETH) staking exchange-traded product (ETP).
The post ETC Group Launches Ethereum-Tracking ETP on Deutsche Börse Xetra appeared first on Cryptonews
Terra Founder Do Kwon’s SEC Trial to Start Without Him Amid Extradition Delay
27.2.2024
Do Kwon, co-founder of Terraform Labs, is expected to miss the beginning of his US Securities and Exchange Commission (SEC) trial on fraud charges due to delays in his extradition from Montenegro.
The post Terra Founder Do Kwon’s SEC Trial to Start Without Him Amid Extradition Delay appeared...
Hong Kong-Based HTX, Formerly Huobi, Withdraws Crypto Exchange Application
27.2.2024
Hong Kong-based cryptocurrency exchange HTX, formerly known as Huobi Global, withdrew its application for a license on February 23, according to a filing posted on the Securities and Futures Commission website.
The post Hong Kong-Based HTX, Formerly Huobi, Withdraws Crypto Exchange Application...
HTX Withdraws Hong Kong Crypto Exchange Application
27.2.2024
Hong Kong's securities regulators says HBGL Hong Kong Limited withdrew its application for a license on February 23
Many of Lawsuits Initiated under Gensler Will be Dropped: Billionaire Investor Mike Novogratz
26.2.2024
Billionaire investor Mike Novogratz believes many of the lawsuits brought under current Securities and Exchange Commission Chair Gary Gensler will be dropped.
The post Many of Lawsuits Initiated under Gensler Will be Dropped: Billionaire Investor Mike Novogratz appeared first on Cryptonews
Public Input Sought by SEC on Bitwise, Grayscale Bitcoin ETF Options
24.2.2024
The SEC has opened the floor for public comments regarding a proposed rule change that would allow the listing and trading of options for Bitcoin exchange-traded funds (ETFs).
The post Public Input Sought by SEC on Bitwise, Grayscale Bitcoin ETF Options appeared first on Cryptonews
Kraken Files to Dismiss SEC Lawsuit Arguing It Sets a ‘Dangerous Precedent’
23.2.2024
Kraken, a prominent cryptocurrency exchange, has filed to dismiss the Securities and Exchange Commission lawsuit saying that allowing this case to continue would set a “dangerous precedent."
The post Kraken Files to Dismiss SEC Lawsuit Arguing It Sets a ‘Dangerous Precedent’ appeared...
Texas Crypto Firm Lejilex Sues SEC Following Overstretched Securities Classification
22.2.2024
Texas-based cryptocurrency firm, Lejilex has filed a lawsuit against the Securities and Exchange Commission (SEC) over securities labels on cryptocurrency assets.
The post Texas Crypto Firm Lejilex Sues SEC Following Overstretched Securities Classification appeared first on Cryptonews
Bitcoin Whale Addresses Surge Following Spot ETF Approval: CryptoQuant
22.2.2024
Bitcoin (BTC) has recorded massive growth in price amid institutional inflows this year following spot ETF approval by the United States Securities and Exchange Commission (SEC).
The post Bitcoin Whale Addresses Surge Following Spot ETF Approval: CryptoQuant appeared first on Cryptonews
Grayscale Files For Privacy ETF With SEC, Zcash Part of Offering
22.2.2024
Crypto-focused asset manager Grayscale filed for a privacy-focused exchange-traded fund (ETF) to the US Securities and Exchange Commission on Tuesday.
The post Grayscale Files For Privacy ETF With SEC, Zcash Part of Offering appeared first on Cryptonews
Australian Interest in Bitcoin Increases After Spot Bitcoin ETF Approval in the US
21.2.2024
According to a survey conducted by the Independent Reserve, an Australian-based digital currency exchange, Bitcoin sentiment in Australia experienced a 25% boost after spot Bitcoin ETFs received approval from the U.S. Securities and Exchange Commission on January 10.
The post Australian Interest...
VanEck Fined by SEC for ETF Marketing Blunder
19.2.2024
VanEck has been fined $1.75 million by the Securities and Exchange Commission (SEC) after failure to disclose a social media influencer’s role in the launch of an exchange-traded fund (ETF). In March 2021, Van Eck launched a “Social Sentiment ETF” trading under the ticker “BUZZ.” The ETF tracks...
Honduras Tightens Crypto Regulations, Prohibits Bank Transactions and Holdings
17.2.2024
The National Banking and Securities Commission of Honduras (CNBS) has passed a resolution prohibiting the country’s financial institutions from engaging in cryptocurrency-related activities. The CNBS stated that crypto transactions cannot be guaranteed by the Honduran central bank due to...