The amendments to the country’s laws would squeeze “digital assets” into existing securities regulations, according to the proposal, potentially treating most crypto as financial investments supervise...
Tag: Assets
Celsius Earn Assets Belong to Bankrupt Firm, Not Users
A federal bankruptcy judge has ruled that crypto-assets deposited in Celsius Network’s “Earn” accounts do not belong to the customers. Instead, the funds in the interest-bearing accounts belong to the...
Crypto Bank Juno asks customers to sell or self-custody assets, here’s why
Crypto bank Juno asked its customers to either sell or self-custody their crypto assets in the light of its migration of assets to a new custodian. Juno’s decision came as Juno’s current custodian, Wy...
Top 10 assets see mixed performance in flat market
The cryptocurrency market cap saw net inflows of $610 million over the past 24 hours and currently stands at $819.59 billion — up 0.09% from $819.04 billion. Bitcoin’s market cap decreased by 0.09% to...
How laws for digital assets changed in 2022
Effective regulations are one of the key gateways to cryptocurrency’s mainstream adoption. Due to greater compliance, crypto businesses saw broader acceptance from regulators worldwide. While the cryp...
Hackers steal $3.5M worth of digital assets from GMX whale
Hackers have started the year with another exploit, with several million being taken from a whale holding large amounts of decentralized finance (DeFi) protocol GMX’s native token. On Jan. 3, various...
DOJ Seizes Banking Assets and Robinhood Shares Connected to FTX; Details of meetings and Biden officials revealed
Join Our Telegram channel to stay up to date on breaking news coverage Government officials have informed a virtual court hearing in Delaware that the U.S. Federal government has confiscated or is in ...
Binance.US’ Voyager assets acquisition hits roadblock with SEC interruption
SEC has filed a limited motion objecting to Binance.US’ acquisition of Voyager’s assets The commission seeks to know how Binance.US can afford such a large deal The United States Securities and Exchan...
Federal Reserve, FDIC & OCC warns About Risks Against Crypto Assets
The Federal Reserve, OCC and FDIC issued a joint statement regarding the potential risk of crypto assets. OCC is reviewing banks asking permission to engage in crypto assets. Acting OCC says crypto i...
Poland NFT Market Intelligence and Future Growth Dynamics Databook 2022: 50+ KPIs on Key Assets, Currency, Sales Channels 2019-2028 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Poland NFT Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – Q2 2022” report has been added to...
Bahamas regulator disputes FTX’s assertions on the value of seized assets
The Securities Commission of the Bahamas (SCB) rejected allegations made by FTX’s new CEO John J. Ray III over the digital assets held by the regulator. SCB claims the debtors of the insolvent crypto ...
Bahamas regulator denies FTX CEO’s claims over seized assets
The Securities Commission of The Bahamas has rejected “material misstatements” made by FTX’s newly-appointed CEO, John J. Ray III, over the commission’s seizure of US$3.5 billion in assets from FTX Di...
Hong Kong brokers prepare ground to trade digital assets
Financial services companies in Hong Kong are moving quickly to establish the basis for their retail clients to be allowed to trade digital assets in the upcoming months. Brokers and fund managers pre...
Good News For FTX Customers: The Bahamas Seized $3.5 billion in Assets
This is news that will no doubt please the customers and creditors of Sam Bankman-Fried’s crypto empire. The authorities of the Bahamas, where the disgraced former emperor of the crypto space l...
How HedgeUp and eToro are disrupting the alternative assets investment landscape
The crypto market conditions and the changing investor preferences have created new challenges for the crypto world. As the market volatility continues, many investors have started to explore the best...
Turkey Confiscates Digital Assets of Sam Bankman-Fried, the Founder of FTX Exchange
Turkish authorities have taken action against ex-FTX CEO SBF by freezing his assets in the country Turkey plans to lay down more hard and fast Crypto Regulations Following FTX Downfall According to Nu...
Web3 assets rapidly fell as valuation rapidly shrunk in 2022
Web3, the decentralized internet platform, was massively impacted during the bear stretch of 2022, Fred Wilson, a partner at Union Square Ventures, observes. In an article published on Dec. 31, he rev...
FTX’s International Customers Lawyer Up, Ask Judge to Rule That Customer Assets Aren’t Property of FTX Estate
“But when you dollarize – regardless of what digital asset it is, what form of asset it is – as of the petition date, that is essentially giving the debtors the power to liquidate whatever’s on the ex...
Bahamas Regulator Says It Seized $3.5 Billion in FTX Crypto Assets
Bahamas securities regulators said they seized digital assets valued at $3.5 billion from FTX’s local operation in mid-November as the cryptocurrency exchange spiraled toward collapse, a figure that F...
Over $3.5 Billion of FTX Assets under Bahamas’ “Exclusive Control”
The Securities Commission of the Bahamas (SCB) recently disclosed that they seized $3.5 billion of assets from bankrupt crypto exchange FTX. On December 29th 2022, Bahamas Supreme Court ordered to obt...
Top Performing Crypto Assets Of 2022 ⋆ ZyCrypto
Advertisement     Trust Wallet token, SONM, and GMX lead the chart as the higher gainers of 2022, recording over 100% gains since Jan 1. OKB, BNB, and DOGE were the be...
Bahamian Regulators Say It Seized $3.5B of FTX Assets
The Securities Commission of The Bahamas announced that it seized $3.5 billion worth of cryptocurrency assets from the now-bankrupt and collapsed crypto exchange FTX. Per a media release issued on Thu...
Regulators in the Bahamas Are Holding $3.5 Billion in FTX Customer Assets
The Securities Commission of the Bahamas has taken custody of FTX deposits valued at more than $3.5 billion as of Nov. 12, according to a media release published late Thursday by the SCB. Shortly afte...
SBF Denies Moving $1.5M In Crypto Assets From Alameda Wallets
– Advertisement – SBF says he has no involvement in the questionable transactions. Sam Bankman-Fried has denied moving funds from Alameda-associated wallets, per tweets from the disgraced ...
Bahamas Seizes Digital Assets Worth Over $3.5 Billion From Collapsed Crypto Exchange FTX
– Advertisement – The Securities Commission of the Bahamas has revealed that it seized digital assets worth more than $3.5 billion from the collapsed crypto exchange FTX. The regulator exp...
Bahamas Seizes Digital Assets Worth Over $3.5 Billion From Collapsed Crypto Exchange FTX – Regulation Bitcoin News
The Securities Commission of the Bahamas has revealed that it seized digital assets worth more than $3.5 billion from the collapsed crypto exchange FTX. The regulator explained that the cryptocurrenci...
Bahamas Securities Commission Holds FTX Users’ Assets Temporarily
Bahamas regulator holding FTX assets on a temporary basis. FTX Japan is planning to return users’ assets. Some of the FTX users are selling their claims at steep discounts. As per a December 29 statem...
Bahamas controls FTX customer assets worth $3.5bn
Late Thursday, Dec.29, 2022, the Securities Commission of the Bahamas stated that it was holding more than $3.5 billion in FTX client assets. According to the official press release, the commission is...
Disgraced FTX Co-Founder Accused of Moving $684K in Crypto Assets While Under House Arrest – Bitcoin News
According to an analyst on Dec. 29, 2022, the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), may have cashed out $684,000 in crypto assets while under house arrest. If the funds were spent by S...
Bahamas regulator seized $3.5 billion of FTX crypto assets
The FTX logo on a laptop screen. Andrey Rudakov | Bloomberg via Getty Images The Securities Commission of The Bahamas says it seized $3.5 billion worth of cryptocurrency from collapsed crypto exchange...
Bahamas regulator is temporarily holding $3.5B FTX assets
Bahamas Securities Commission said it is temporarily holding FTX assets worth $3.5 billion with plans to distribute them to the bankrupt firm’s creditors and customers, according to a Dec. 29 statemen...