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Report: Hong Kong-Based Asset Management Firm Acquires Controlling Stake in Asian Crypto Exchange Huobi
10.10.2022
Li Lin’s controlling stake in Huobi, one of Asia’s largest cryptocurrency exchanges, was recently acquired by About Capital Management for an undisclosed sum. Huobi’s acquisition by the Hong Kong-based asset management firm came shortly after the crypto exchange had exited...
Latest EU Sanctions Expected to Stimulate Russia’s Own Crypto Market, Exchanges Maintain Services
9.10.2022
The new crypto sanctions imposed by the European Union are likely to spur the development of the country’s digital asset market, according to a Russian lawmaker. Anatoly Aksakov, who chairs the parliamentary Financial Market Committee, believes Russians will manage to bypass...
Binance Licensed in Kazakhstan as Provider of Crypto Exchange and Custody Services
8.10.2022
Authorities in Kazakhstan have granted Binance a license to operate as a digital asset platform and provide an array of relevant services. While working out of the nation’s financial hub in the capital Nur-Sultan, the crypto exchange will offer registration to customers from other countries...
Binance Achieves Permanent Licensing for Kazakhstan’s Digital Asset Services
7.10.2022
Binance has added another region to the list of its regulated operations. Kazakhstan recently became the new member on the list after its AIFC Financial Services Authority granted a permanent license to Binance, making it a regulated platform in the region. Binance can now conduct its business...
Anchorage co-founder to US regulators: ‘What we want is clarity’
7.10.2022
There’s “15 different regulators” and “basically no clarity” when it comes to cryptocurrency regulation in the United States, according to Diogo Mónica
Grayscale’s New Co-Investment Vehicle Aims to ‘Capture the Upside of Crypto Winter’
6.10.2022
On October 6, Grayscale Investments announced a new venture that gives accredited investors the opportunity to invest in the mining infrastructure that powers the digital asset ecosystem. According to the announcement, the co-investment vehicle is called Grayscale Digital Infrastructure...
Citi Ventures Backs Its First Digital Asset Manager, Co-Leading a $6M Round in Xalts
6.10.2022
Accel co-led the round for the startup building institutional-grade digital asset products
GoldenTree Asset Management Reveals $5.3 Million Position in SushiSwap
6.10.2022
GoldenTree Asset Management has invested roughly $5.3 million in SUSHI, the governance token of the decentralized finance protocol SushiSwap.
The U.S.-based asset management firm with approximately $50 billion in assets under management (AUM) said in a post on the SushiSwap community forum that...
Kazakhstan grants Binance permanent license to offer digital asset services
6.10.2022
The AIFC Financial Services Authority in Kazakhstan granted Binance a permanent license to a digital asset platform and provide custody services in the country
Unido EP: Enterprise-Grade Digital Asset Management, for Everyone
6.10.2022
PRESS RELEASE. Since the last product offering comparison with Fireblocks, Unido has now successfully launched the EP self-custody multi-wallet, powered by Multi Party Computation (MPC) technology. Unido EP represents a first to market for a fully decentralized, distributed private key management...
Namibian Central Bank: Virtual Assets ‘Remain Without Legal Tender Status’ but Merchants Can Still Accept Them as Payment
6.10.2022
The Bank of Namibia recently said it has brought virtual assets and virtual asset service providers under its fintech innovations regulatory framework, and that it plans to amend applicable laws and regulations. According to the central bank’s governor, there is an ongoing “battle...
Asset Management Giant GoldenTree Discloses $5.2M Investment in SushiSwap
6.10.2022
The credit-focused firm has been ramping up its commitment to cryptocurrency, unveiling a new investment manager and fund in recent months
Crypto Touted by Kim Kardashian Climbs 124% After SEC Charges, Token Value Dumps the Next Day
5.10.2022
Following the U.S. Securities and Exchange Commission (SEC) charges against the socialite Kim Kardashian for unlawfully touting the crypto asset ethereummax, the digital currency jumped 124% in value. However, the ethereummax pump was followed by a massive dump as the cryptocurrency slid 47% lower...
The world's cultural heritage is being preserved one NFT at a time
5.10.2022
The Monuverse is taking some of the world’s most precious monuments and preserving them forever as NFTs in the digital universe
Federal Energy Agencies’ Unwillingness to Act on White House’s Crypto Mining Recommendations Miffs US Lawmaker
5.10.2022
Jared Huffman, a United States lawmaker who advocates for increased scrutiny of crypto-mining entities, has reportedly chastised U.S. energy agencies that he accuses of failing to act on the White House’s call on them to do “reliability assessments of current and projected...
Top US Regulators Urge Congress to Pass Legislation on Crypto Assets
5.10.2022
The U.S. Financial Stability Oversight Council (FSOC), a group of the country’s top financial regulators, has urged Congress to pass legislation for the regulation of crypto assets. Treasury Secretary Janet Yellen said: “Crypto-asset activities could pose risks to U.S. financial...
Celsius’ co-founder Daniel Leon follows Mashinsky out as crypto exec flight continues
4.10.2022
Leon is at least the eighth crypto sector executive who has resigned in recent months; Celsius CEO Alex Mashinsky resigned a week ago
Bankrupt Crypto Lender Celsius’ Asset Sale Is Scheduled, Sources Say FTX CEO May Bid
4.10.2022
According to a filing published by the U.S. Bankruptcy Court for the Southern District of New York, the crypto lending firm Celsius has been given a final bid deadline of October 17, 2022. Following the bankruptcy court’s final bid deadline, a sale hearing is scheduled for November 1....
Asset Management Giant Fidelity Adds to Crypto Offerings With Ethereum Index Fund
4.10.2022
The fund has raised about $5 million since sales opened in late September
Basel Committee crypto asset prudential treatment proposals get detailed responses
4.10.2022
The international financial community went long form to speak up for its interests as the Basel Committee on Banking Supervision continues to optimize banking regulation