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Nalezeno "Firms": 1789

Controversial ‘Tiktok Ban Bill’ Sparks Concerns Among Cryptocurrency and Technology Advocates

29.3.2023
Cryptocurrency and technology proponents have recently been discussing a new bipartisan bill called the “Restricting the Emergence of Security Threats that Risk Information and Communications Technology (RESTRICT)” Act. In addition to targeting firms such as Kaspersky, Huawei,...

Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses

29.3.2023
According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying...

Chicago-Based Radix Trading Is One of Three Quant Firms in Binance Suit: WSJ

28.3.2023
The CFTC's lawsuit against Binance and CEO Changpeng Zhao noted at least three U.S.-based quantitative firms that were active on the exchange

Crypto Firms in Hong Kong Get Boost as Regulators Host Meeting with Bankers

28.3.2023
Hong Kong officials plan to host a meeting between crypto companies and bankers in an attempt to ease financing for the sector as the city pushes toward becoming a global crypto hub. The meeting, scheduled for April 28 at the Hong Kong Monetary Authority, is intended to “facilitate direct dialog”...

US Crypto Firms Eye Overseas Move Amid Regulatory Uncertainty

27.3.2023
Citing an ongoing regulatory crackdown, crypto companies are considering shifting to more favorable jurisdictions. Jeff Wilser reports

Chinese State-Owned Banks Extend Crypto-Friendly Hand to Hong Kong Firms

27.3.2023
China’s state-owned banks are offering services to local cryptocurrency companies in Hong Kong as the city embraces a more friendly regulatory stance. According to a Monday report from Bloomberg, a number of Chinese state-owned banks in Hong Kong have started offering services to crypto...

Hong Kong crypto firms seeing interest from Chinese banks: Report

27.3.2023
Several Chinese banks have been seeking to offer services to crypto firms in Hong Kong, despite a ban on crypto on the Chinese mainland

Nasdaq Aims to Launch Crypto Custody Services in Second Quarter

26.3.2023
Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector which saw the collapse of some major...

80 Crypto Firms Interested in Establishing Presence in Hong Kong, Official Says

25.3.2023
Hong Kong’s Secretary for Financial Services and Treasury has revealed that more than 80 crypto companies have expressed interest in establishing a presence in Hong Kong. They include companies across mainland China, Canada, European Union countries, Singapore, the U.K., and the U.S....

U.S. Accounting Board Seeks Crypto Standards Requiring Firms to Report Price Shifts

24.3.2023
U.S. accounting standards may be overhauled to specifically factor in crypto accounting, establishing a fair-value approach that would demand certain digital assets be measured at what they’d go for in the markets, according to a change proposed this week by the Financial Accounting Standards Board...

CryptoUK calls on regulators to address de-banking of digital asset firms

21.3.2023
The trade association said many banks in the U.K. had begun imposing blanket bans on dealing with crypto firms “instead of taking a risk-based and case-by-case approach.”

More Than 80 Firms Express Interest in Establishing Presence in Hong Kong – Next Crypto Hub?

20.3.2023
Hong Kong has seen massive interest from virtual asset-related firms as the city pushes toward reclaiming its position as a global crypto hub with a more friendly regulatory stance. Christian Hui, Hong Kong's Secretary for Financial Services and the Treasury, said during a recent speech that more...

Over 80 crypto firms eyeing presence in Hong Kong: Financial Secretary

20.3.2023
Since October, more than 80 virtual asset companies have expressed interest in establishing in the city, while 23 have indicated actual plans of doing so

FTX Debtors Reveal $6.8 Billion Hole in Balance Sheet Amidst Financial Discrepancies and Payments to Insiders

18.3.2023
According to a presentation recently submitted by the FTX debtors on March 16, Sam Bankman-Fried’s companies had a $6.8 billion hole in their intercompany balance sheet when they filed for Chapter 11 bankruptcy protection. FTX and its conglomerate of firms have debts of around $11.6 billion...

FTX Firms Had $6.8B Hole in Balance Sheet at Time of Bankruptcy

17.3.2023
The group of companies had debts of about $11.6 billion against $4.8 billion in assets, according to a presentation filed by its advisers

SVB Financial Group Files for Chapter 11 Bankruptcy Protection to ‘Preserve’ Firm’s Value

17.3.2023
On March 17, 2023, SVB Financial Group, the parent company of Silicon Valley Bank, filed for Chapter 11 bankruptcy protection in the Southern District of New York. The company stated that it is no longer associated with Silicon Valley Bank (SVB) after the Federal Deposit Insurance Corporation...