There have always been concerns regarding the Proof-of-Work consensus model’s environmental effects and energy consumption. Marathon Digital is one such company that is reconsidering the fact and is ...
Tag: firms
Billionaire Gordon Tang-Backed Firms Buy 21% Stake In Singapore Skyscraper Partly Owned By Alibaba
Syline of skyscrapers in the financial district of Singapore and Marina Bay illuminated at night getty Chip Eng Seng and a joint venture between SingHaiyi Group and Haiyi Holdings—which are controlled...
Singapore Passes Bill to Tighten Regulations for Crypto Firms
Singapore has now passed a Financial Services and Markets bill that will tighten regulations for crypto firms across the country, Bloomberg reported on Tuesday. The bill, which was passed on Tuesday, ...
Crypto venture capital firms see surging assets under management
Venture capital (VC) firms focused on Web3 projects and crypto businesses are accumulating billions of dollars worth of assets under management as more capital is injected into the sector. The assets ...
SEC chair Gensler calls for more regulation on stablecoins and crypto firms’ custody, market-making arms
The Securities and Exchange Commission is considering new firewalls for custody and market-making businesses at crypto firms and pushing for more SEC oversight of stablecoins. During an April 4 speech...
Web3 is replacing SaaS firms
Web3 is replacing intermediaries software-as-a-service (SaaS) firms by capturing value at a higher level. Web3 is being heralded as a permissionless and open innovation employing middleware blockchain...
A Hundred Firms Pull $45 Billion of Deals Since War in Ukraine
(Bloomberg) — At least a hundred companies worldwide have delayed or pulled financing deals worth more than $45 billion since Russia’s invasion of Ukraine. Most Read from Bloomberg These include...
U.S. Credit Reporting Firms Aim to Magically Make Us Taller
The bureaucrats at the Bureau of Weights and Measures are so stingy. Their unwillingness to shrink the foot means none of us can grow. If they would just cut the foot in half, we could all be 12 feet ...
10% Growth in Crypto Market Cap Reduces Value of African Firms by 0.76% – Featured Bitcoin News
A study undertaken by two assistant professors at American University in Cairo (AUC) has suggested that an increase of 10% in the crypto market cap causes the market value of “African micro-entities” ...
12 Crypto Firms May Have To Move Operations Outside The U.K. In The Wake Of The FCA Deadline ⋆ ZyCrypto
Advertisement     Twelve crypto firms on the FCA’s temporary register could be forced to move abroad in the face of the FCA registration deadline. Companies have decri...
Cathie Wood Watch: Ark Buys Into Drug-Discovery, Protein-Testing Firms
The prominent asset manager Cathie Wood, chief executive of Ark Investment Management, on Wednesday bought into a drug-discovery-technology stock, again bulked up on a major cryptocurrency stock, and ...
US Firms Providing Custody Services Should Account for Crypto Assets as Liability, Disclose Risk, SEC Says
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
FCA Extends Deadline for Crypto Firms to Meet Regulatory Requirements in UK — 33 Firms Licensed so Far – Coinotizia
The U.K. financial regulator, the Financial Conduct Authority (FCA), has extended its April 1 registration deadline for a number of crypto firms to meet its regulatory requirements. The British regula...
FCA Extends Temporary Registration Deadline for Selected Crypto Firms
The U.K.’s Financial Conduct Authority, the regulator of the financial services industry in the United Kingdom, announced Wednesday it has pushed the deadline for registration for some crypto firms in...
Crypto education firms CPE World and Interaxis merge
Adam Blumberg and Steve Larsen, cofounders of PlannerDAO, announced the merger of their respective cryptocurrency and digital asset education companies, Interaxis and CPE World, Invezz learned from a ...
FCA Extends Deadline for Crypto Firms to Meet Regulatory Requirements in UK — 33 Firms Licensed so Far – Regulation Bitcoin News
The U.K. financial regulator, the Financial Conduct Authority (FCA), has extended its April 1 registration deadline for a number of crypto firms to meet its regulatory requirements. The British regula...
Huobi Firms improves Crypto ETF Plans for Retail Investors –
Its optimism for approval is based on regulators The company aims to structure its ETFs such that they are accessible to retail investors with less than HK$8 million The SEC has not yet given a green ...
UK financial watchdog extends registration deadline for some crypto firms
The Financial Conduct Authority, the United Kingdom’s financial regulator, has extended the temporary registration status of some firms offering crypto services beyond its Friday deadline. In a Tuesda...
UK Regulator Moves Deadline For Crypto Firms To Register
The U.K.’s Financial Conduct Authority (FCA) has moved its March 31st deadline for select crypto firms under its jurisdiction, in line with some revisions to its guidelines on the registration p...
UK’s FCA Extends Crypto Registration Deadline For 12 Firms
UK’s Financial Conduct Authority reportedly granted about a dozen crypto firms more time to apply for a permanent license in the country. The move comes just a day before the expiration of the tempora...
Lawmakers Want Unregulated Crypto Firms Out of the EU
“AMLA shall set up and maintain an indicative and non-exhaustive public register of shell banks and non-compliant crypto-asset service providers operating within and outside the Union based on informa...
US warns crypto firms against helping Russia
Anyone who seeks to help Russia bypass economic sanctions will be held accountable by the US government, says Deputy U.S. Treasury Secretary Wally Adeyemo. This follows the punitive measures that the...
UK regulator gives selected firms extensions as crypto register deadline nears
The UK’s top financial regulator said on Wednesday it has extended the deadline for a select number of firms as its anti-money laundering cryptoasset registration process winds up. In an update...
UK’s FCA extends deadline for crypto firms to make it onto register
A logo for the Financial Conduct Authority (FCA). Chris Ratcliffe | Bloomberg | Getty Images The U.K.’s Financial Conduct Authority said Wednesday it is giving some crypto companies more time to...
Crypto Firms Are Fleeing U.K Ahead of FCA’s March 31st Deadline
On Thursday, March 31, U.K’s top financial regulator – Financial Conduct Authority (FCA) – shall be ending its Temporary Registration Regime (TRR) for crypto businesses. Thus, companies that follow th...
Huobi Firms Up Crypto ETF Plans for Retail Investors in Hong Kong Huobi Firms Up Crypto ETF Plans for Retail Investors in HK
Huobi Technology plans to launch ETFs that track cryptocurrencies for retail investors in Hong Kong. The company has reportedly submitted its proposal to Hong Kong’s Securities and Futures Commission ...
Senate Fears That Crypto Firms Could Exploit Opportunity Zone Program For Tax Break
The Senate Finance Committee Chairman Senator Ron Wyden is looking into the activities of crypto firms that are taking advantage of tax breaks provided by the Opportunity Zone program. The senator is ...
Crypto Firms Scramble For Registration As FCA Deadline Nears
Several crypto companies could be forced to exit the U.K. if they could not meet the registration deadline set by the Financial Conduct Authority (FCA). From March 31, companies operating crypto servi...
UniCredit Fined $144 Million for Illegally Closing Crypto Mining Firm’s Accounts
Italian banking giant UniCredit has been asked to pay a fine of about $144 million for allegedly closing accounts belonging to a cryptocurrency mining company. UniCredit in Hot Water A district court ...