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Nalezeno "crypto firms": 712

SEC Will Use All Available Tools to Crack Down on Crypto Firms That Aren’t in Compliance With Its Rules, Says Chair Gensler

24.12.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has revealed that the regulator will use all available tools to bring crypto platforms into compliance with its rules. In addition, the SEC chief said: “Proof of reserves is neither a full accounting of...

Report: SEC Heightens Probe Into Auditors Servicing Crypto Exchanges

23.12.2022
According to the U.S. Securities and Exchange Commission’s Paul Munter, the agency’s acting chief accountant, the U.S. regulator is monitoring proof-of-reserves (POR) more closely. “We’re warning investors to be very wary of some of the claims that are being made by crypto companies,” Munter...

Big Short Investor Michael Burry Says Audits of Crypto Exchanges Like Binance and FTX Are ‘Meaningless’

17.12.2022
Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says the problem with auditing cryptocurrency exchanges, like Binance and FTX, is the same as when he started using a new kind of credit default swap. “Our auditors were learning on the job,”...

Accounting Firm Mazars Stops Proof-of-Reserve Audits for Crypto Firms, Binance Audit Removed From the Web

16.12.2022
The accounting firm Mazars Group has stopped doing proof-of-reserves (POR) audits for cryptocurrency exchanges and the recently published Binance POR has been removed from the web. Mazars was conducting a number of POR audits for crypto exchanges like Binance, Crypto.com, and Kucoin following...

Incoming FCA Chair Calls Crypto Firms Like FTX 'Deliberately Evasive'

15.12.2022
Ashley Alder, who is currently the CEO of Hong Kong’s Securities and Futures Commission (SFC) will be starting with the Financial Conduct Authority on Feb. 20

Goldman Sachs buying crypto firms, FTX news, 3AC and Celsius updates: Hodler’s Digest Dec. 4-10

10.12.2022

US lawmakers question federal regulators on banks' ties to crypto firms

8.12.2022
“FTX’s collapse shows that crypto may be more integrated into the banking system than regulators are aware,” said Senators Elizabeth Warren and Tina Smith

Hong Kong Amends Finance Law to Incorporate Crypto Firms

8.12.2022
Virtual asset service providers will be covered by terror financing and anti-money laundering rules as of June next year

Today in Crypto: Goldman Sachs Reportedly to Spend Millions on Crypto Companies, US FTC Investigating Crypto Firms, ConsenSys Releases Data Collection Update

6.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Goldman Sachs Reportedly to Spend Millions on Crypto Companies, US FTC Investigating Crypto Firms...

Goldman Sachs reportedly looking to buy crypto firms after FTX collapse

6.12.2022
Goldman Sachs executive Mathew McDermott said that their firm is already doing its due diligence on some crypto firms

US consumer watchdog probes crypto firms over deceptive ads

6.12.2022
The Federal Trade Commission is investigating several unnamed crypto firms over possible misconduct in the advertisement of digital assets

Standard Chartered Bank: Bitcoin Could Fall to $5,000 Next Year

6.12.2022
Standard Chartered Bank says the price of bitcoin could drop to $5,000 next year. The bank’s analyst explained that cryptocurrencies could fall further and more crypto firms could “succumb to liquidity squeezes and investor withdrawals.” Standard Chartered Bank’s...

Blackrock CEO on FTX Collapse: Most Crypto Companies Aren’t Going to Be Around

5.12.2022
The CEO of Blackrock, the world’s largest asset manager, says that most crypto companies will not be around following the collapse of crypto exchange FTX. However, the executive is still optimistic about blockchain technology. Blackrock’s CEO on FTX’s Collapse and Future of Crypto...

NYDFS proposes regulation to assess costs of 'supervision and examination' for licensed crypto firms

1.12.2022
Though some crypto firms operate in New York with a BitLicense, many including NYC Mayor Eric Adams have criticized the licensing regime as a difficult barrier to cross

World’s Largest Asset Manager BlackRock Chief Executive Says More Crypto Firms Will Fall Following FTX Collapse

1.12.2022
While there appear to have been "misbehaviors" by the collapsed crypto exchange FTX, the technology behind cryptocurrency remains relevant for the future, according to Larry Fink, the CEO of major investment fund BlackRock. "We're going to have to wait to see how this all plays out" with FTX, Fink...

Binance, Coinbase Among Crypto Firms Questioned by US Senator After FTX Mess

29.11.2022
Binance.US and Coinbase (COIN) are on a list of crypto companies questioned this week by the chairman of the U.S. Senate Finance Committee about how they protect the investors using their services in light of the widespread damage caused by the fall of FTX

Report: State Securities Regulators Probe Crypto Lender Genesis

26.11.2022
State securities regulators are reportedly investigating Genesis Global Capital in a broad range probe into the “interconnectedness of crypto firms,” Barron’s reported on Friday. The report notes that the Alabama Securities Commission is looking into whether or not cryptocurrency firms have...