U.S. Securities and Exchange Commission (SEC) chairman Gary Gensler says many cryptocurrency firms need to register their tokens with the agency. According to his testimony today before US Congress, G...
Tag: firms
Continued Investments in Crypto Firms Regardless of Volatility in Market
Broader crypto market is going through a struggling phase since the start of this year. Rarely has there been some instances when cryptocurrencies might have performed well. Crypto firms become vulner...
Swiss firms in China losing confidence in business success, study shows
Fund managers across the globe are either hoarding cash or buying up put options in an attempt to stay one step ahead of the volatile markets. It seems that the maximum bearish sentiment is prevailing...
Market turmoil leads Swiss firms in China to lose confidence at a record rate
Fund managers across the globe are either hoarding cash or buying up put options in an attempt to stay one step ahead of the volatile markets. It seems that the maximum bearish sentiment is prevailing...
North Island Ventures to Invest $125m in 30 to 40 Emerging Crypto Firms
North Island Ventures said in a statement that it is launching a new $125 million investment fund to execute 30 to 40 early-stage investments in emerging crypto and Web3 companies and protocols. The c...
Binance Pool Joins Top Mining Firms To Support Ethereum Classic (ETC)
Binance’s mining pool Binance Pool on Thursday said it will support the Ethereum Classic (ETC) as Ethereum switches to proof-of-stake (PoS) after the Merge. Also, Binance Pool is offering “zero” minin...
Law Firms Want to Replace Roche Freedman in Tether Crypto Case – crypto.news
Two law firms have requested to be appointed as lead counsel in the Tether class action case in place of Roche Freedman. Law Firms Want Roche Freedman off Tether Case Law firms Kirby McInerney and Rad...
Public Bitcoin Mining Firms Are Nearly Out Of Coins To Sell
Public bitcoin mining firms have been caught between a rock and a hard place with the decline in bitcoin prices. As their cash flow had declined significantly, they had turned to sell BTC to be able t...
Former Deutsche Bank Executive and Ex-OCC Chief Says Crypto Firms Stealing Banks’ Turf: Report
The former head of the Office of the Comptroller of the Currency (OCC) during the Clinton administration reportedly says that crypto firms competing with banks currently have the advantage. According ...
Law Firms Request Disqualification of Roche Freedman From Tether-Bitfinex Case
After one of its Founding Partner – Kyle Roche – made some astonishing claims in an inebriated state, two other law firms – Kirby McInerney LLP (Kirby) and Radice Law Firm, P.C. (Radice) – submitted a...
‘Getting away with murder’, former OCC head slams unequal regulations between crypto firms and banks
Former United States Comptroller during President Bill Clinton’s administration and managing partner at Canapi Ventures Eugene Ludwig has suggested that the fintech and cryptocurrency sector poses a t...
Thai SEC Issues Orders To Crypto Firms Over Ads
Thailand is leaving no stone unturned in its oversight of the cryptocurrency industry. Recent debacles and scams in the space have underlined the necessity of proper consumer protection measures. Most...
California State Assembly passes bill for licensing and regulating crypto firms
Lawmakers in California State Assembly passed the Digital Financial Assets Law, also known as AB 2269, on Tuesday, Aug. 30, The bill is now in the hands of the state’s Governor Gavin Newsom, who will...
Coins from bankrupt crypto firms top market gains
The cryptocurrency market is experiencing one of the worst sell-offs, partly fuelled by macroeconomic factors and the collapse of various digital assets projects. In this case, the collapse of such p...
California Passes Bill To Regulate and License Crypto Firms
California’s state legislature has passed a bill that requires crypto firms to have a license of operation in the state. The bill was passed in the upper and lower houses of the legislature and is now...
Coinbase, Binance, Kraken and Other Crypto Firms Should Explain How They’re Fighting Fraud, Says US Congressman
A US Congressman from Illinois is asking prominent federal agencies and crypto exchange platforms for information on how they combat digital asset fraud. In a new press release, Representative Raja Kr...
US politician’s letter demands crypto firms turn over anti-fraud files
Crypto exchanges Binance.US, Coinbase, FTX, Kraken, and KuCoin have received a letter from one of the US government’s leading investigative bodies demanding they prove that they’ve been sticking to a ...
Amid Colorado’s Gas Flare Ban, Report Shows Half Dozen Gas and Oil Firms Are Raking in a Lot of Bitcoin – Bitcoin News
In November 2020, Colorado banned gas flaring, venting, and the release of raw gas into the atmosphere. While the centennial state has a large number of well sites, a recent report shows that roughly ...
Forbes Slams SEC: Over 200 Lawsuits Against Crypto Firms Falsify SEC Claims Of Treating Crypto like Other Markets
– Advertisement – Forbes Journalist Slams SEC, Says Agency Prefers ‘Regulation By Enforcement’ Rather Than ‘Regulation By Rules.’ Another top journalist slams the SEC’s crypto regulation...
MAS takes action against liquidity issues among crypto firms In Singapore
In reaction to the liquidity and withdrawal crisis that has befallen crypto firms, the Monetary Authority of Singapore (MAS) has set up numerous measures. The MAS has commenced operations to usher in ...
UK government shuts down two firms suspected of crypto fraud
The UK government has ordered the closure of two companies engaging in crypto-related fraud. The UK government said that an inquiry into the two companies showed that they had engaged in a £1.3 millio...
US Sanctions Limiting Privacy Software Use, Crypto Firms
Earlier this month, the U.S. Treasury Department sanctioned a ban on Tornado Cash, a crypto privacy tool that mixes funds of different users to hide original source of crypto funds. The authority alle...
Singapore Seeks Detailed Information From Crypto Firms Ahead of New Regulations, Report Unveils – Regulation Bitcoin News
Financial authorities in Singapore are taking steps toward increased oversight in the crypto space with the city-state’s central bank reportedly asking companies to provide additional information abou...
Singapore MAS examines crypto firms ahead of new regulations: Report
The Monetary Authority of Singapore (MAS) has started taking measures to prepare for new cryptocurrency regulations addressing the ongoing liquidity crisis and withdrawal issues. Singapore’s central b...
Singapore Amps Investigation Of Crypto Firms, Plans On Introducing New Regulations
The Singapore Central Bank has mentioned that it aims at creating stronger safeguards in order to protect retail customers. MAS has also been consulting the public for stablecoin regulation. Citing pe...
Singapore’s MAS Probes Crypto Firms Ahead of Regulatory Overhaul
The Monetary Authority of Singapore (MAS) is requesting additional information from cryptocurrency firms as the central bank prepares for impending regulatory change. Bloomberg has reported that Singa...
Mitsubishi Corp to invest $120 million in ASEAN mid-tier firms via regional investment arm
On August 25, Mitsubishi Corporation (TYO: 8058) announced that they’re closing the AIGF II LP (AIGF II), a fund established by Mitsubishi Corporation’s (MC) subsidiary AIGF Advisors Pte (AIGF) based ...
Ontario Securities Commission Flags Kucoin, Other Crypto Firms as Unregistered
The Ontario Securities Commission (OSC) today issued an alert flagging 13 companies that “are not registered to deal or advise in securities in Ontario,” including the Seychelles-based MEK Global Limi...