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SEC Changes Rules, Making Fundraising Easier for Crypto Firms


The U.S. Securities and Exchange Commission (SEC) has amended some exemption rules, making it easier for crypto companies to raise funds. The rule changes raise fundraising limits for Regulation Crowdfunding, Regulation A, and Regulation D’s Rule 504 offerings. SEC’s New Rules Allow...

Xapo Leaves Venezuela, 20m Brave Internauts, Oversubscribed IEOs + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crypto adoption news Crypto wallet provider Xapo, owned by Coinbase, is the latest international venture to exit Venezuela – with the firm emailing...

Genesis Doubles Crypto Loan Issuance for the Third Quarter to $5.2 Billion


Crypto lender Genesis provided $5.2 billion in new loans in the third quarter of 2020, more than double its previous record of $2.2 billion in the preceding quarter. Issued to corporate borrowers such as hedge funds and trading firms, the loans are mainly denominated in bitcoin (BTC), ether (ETH)...

KPMG Expands Crypto Management Suite to Boost Institutional Adoption


KPMG’s cryptocurrency management suite has expanded with the company’s integration of Coin Metrics’ products. KPMG’s new tools are “designed to enable the increasing institutional adoption of cryptoassets.” KPMG Enhances Its Crypto Management Suite KPMG...

Chinese Firms Could Take Global Blockchain Lead, Says Former Minister


A former Chinese IT minister says blockchain is still in its infancy and Chinese firms are poised to take the global lead – while there is also evidence to suggest that China’s mega tech companies are making steady progress with their blockchain projects. Per The Paper, Wu Zhongze, a leading...

Japanese Firms Unveil ‘First Real Estate STO’ for New Retirement Home


Three Japanese companies have teamed up to launch what they said is the “first real estate securities token offering (STO) for retail investors in Japan.” The collaboration involves security token specialist Securitize, advertising firm and Lifull Homes property listing website operator Lifull...

Here’s How Big-spending Chinese Firms Use their Blockchain R&D Money


A new study of how Chinese firms have been making use of the millions of dollars they have injected into blockchain technology has found that companies are prioritizing government-related developments and financial sector solutions. The report, published by Securities Daily (via East Money), looked...

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