The host of Mad Money, Jim Cramer, says he expects the U.S. Securities and Exchange Commission (SEC) to do a roundup of crypto firms that are not compliant with regulation. Expecting the SEC “to sweep...
Tag: firms
Licensing Is Now Mandatory For Crypto Firms: Bank Of France
After a lawmaker proposed harmonizing the country’s legislation with incoming EU regulation, France may compel crypto companies to obtain a full license to operate in the country. As of now, the regu...
French central bank exec urges to license crypto firms before MiCA
In what may be a setback for a sector looking to establish its foothold in Europe, Bank of France Governor Francois Villeroy de Galhau has suggested stricter regulatory standards for cryptocurrency fi...
Bank of France Governor Demands Compulsory Licensing for Crypto Firms
Bitcoin News François Villeroy demanded stricter licensing standards for crypto firms operating in France. France’s central bank head also highlighted the present turmoil in the cryptocurrency market....
9 Blockchain Infrastructure Firms Leading the Charge in 2023
In this article, BeInCrypto looks at 9 leading blockchain infrastructure companies and highlights the products and services they offer to enable the adoption and use of blockchain technology. Blockcha...
Former FTX Lawyer To Assist In Investigations, Shall Divulge Firm’s Confidential Information
The former lawyer of bankrupt FTX, Daniel Friedberg, has agreed to disclose details of the company to US prosecutors as they investigate the collapse of FTX. This comes after the Manhattan US Attorney...
Top Public Bitcoin Mining Firms Owes Most Money: A Report
The Bitcoin (BTC) miners witnessed a sort of mixed “success” while tackling the debt-fueled overexpansion crisis. Most of the industry insiders have collected more than $4 Billion of debt in recent cr...
Web3 Firms Raised $7.1B in Funding Throughout 2022
Web3 project raised more funds last year than in 2021, despite bear market pressures. So what opportunities are in store for 2023? 2022 saw growing interest in Web3 investment, broken down into four k...
Crypto Firms Underperform Bitcoin In 2022, Miners Hit Worst
Data shows almost all the big public crypto companies have underperformed Bitcoin this year, with the mining firms taking an especially hard hit. Most Public Mining Companies Saw Drawdowns Of 90% Or M...
the new cash cow for law firms in 2023
Cryptocurrency turmoil has shaken major crypto exchanges and driven the price of crypto assets lower, but one group stands to benefit: bankruptcy lawyers. The potential for significant fees via regula...
North Korean Hackers Pose As VC Firms And Banks To Steal Millions From Crypto Startups
North Korean hackers are taking it a notch higher by pretending to be venture capitalists to steal from cryptocurrency startups. BlueNoroff, the name given by cybersecurity experts to a crew associate...
North Korea-Linked Lazarus Group Poses as VC Firms to Spread Malware
BlueNoroff—the name given by security researchers to a group linked with North Korean state-sponsored hacking collective Lazarus Group—has expanded its criminal activities to include posing as venture...
Roundup: Firms that led the 2022 bear market
The 2022 bear market is characterized by plummeting crypto prices buffeted by rising inflation and volatile markets that resulted in falling consumer confidence. The situation led to a liquidity crunc...
AllianceBernstein Executive Helps Chart Firm’s Course Overseeing Finances and Operations
AllianceBernstein Holding LP’s Kate Burke is part of a growing group of executives who lead not only their companies’ finances, but also operations, a trend that comes as firms look to retain top tale...
SEC Chair Gensler To Target Non-Compliant Crypto Firms in 2023
Crypto companies would face a tougher US Securities and Exchange Commission (SEC) in 2023, according to Chairman Gary Gensler. Gensler said the agency was tired of waiting for crypto-related firms to ...
Judge pulls out of SBF-FTX case citing husband’s law firm’s advisory link
The ongoing legal proceedings around former FTX CEO Sam Bankman-Fried (SBF) took a new turn as District Judge Ronnie Abrams withdrew her participation from the case. The United States District Court f...
SEC Will Use All Available Tools to Crack Down on Crypto Firms That Aren’t in Compliance With Its Rules, Says Chair Gensler – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has revealed that the regulator will use all available tools to bring crypto platforms into compliance with its rules. ...
Here’s How The SEC Plans To Crack Down Harder On Crypto Firms
This year has been filled with a great deal of activity throughout the cryptocurrency world. We witnessed the collapse of Terra, the failure of other crypto firms, a meteoric rise in the number of sca...
The U.S. Securities and Exchange Commission (SEC) sets its eyes on auditing firms handling cryptocurrency companies
With its intent to counteract cryptocurrency, the U.S. Securities and Exchange Commission (SEC) is beginning to audit firms that work with crypto companies as part of their mission. In recent months, ...
US SEC warns investors against ‘false’ audits by crypto firms
The Securities and Exchange Commission (SEC) through its acting chief accountant, Paul Munter, has warned investors to be “very wary” of the proof-of-reserves (PoR) of crypto firms, as most of them ma...
Crypto Firms’ ‘Audits’ Appear in SEC’s Crosshairs
Alex Dovbnya Securities and Exchange Commission (SEC) intensifying its examination of involvement of accounting firms in dubious cryptocurrency audits According to a Thursday report by The Wall Street...
Firms Auditing Crypto Firms Being Watched Closely by U.S SEC
24 mins ago | 2 mins read Exchange News The SEC has voiced worry about investors being given a false sense of security. A number of cryptocurrency exchanges have advocated publishing evidence of reser...
SEC to Scrutinize Audit Firms Working with Crypto Companies
The United States Securities and Exchange Commission (SEC) on Thursday announced that it has set its eyes on audit firms working for cryptocurrency companies. According to reports by the Wall Street J...
US SEC Sets Eyes On Audit Firms Working With Crypto Companies
The U.S. Securities and Exchange Commission (SEC) will increase scrutiny of audit firms working on audits for crypto companies. The SEC expressed concerns over investors getting false reassurance from...
Most Bitcoin Mining Firms Towards Bankruptcy in 2022!
Major BTC mining firms move towards bankruptcy. Many couldn’t withstand the financial year 2023. Core Scientific files for Chapter 11 bankruptcy. The year 2022 couldn’t be denied that it has indeed ...
Neobank Cogni rolls out web3 wallet as fintech firms continue crypto push
U.S. neobank Cogni today debuted its noncustodial wallet as it seeks to follow a flurry of fintech firms into web3. Founded in 2018 out of the Barclays’ accelerator program, Cogni initial...
Who has returned donations or contributions from FTX amid the firm’s reputational risks?
Before its downfall, crypto exchange FTX and its then-CEO Sam Bankman-Fried had been some of the most prolific spenders in the space, bailing out crypto firms and donating to political campaigns and m...
FTX-Linked Crypto Firms Are Getting Pushback From Insurers
FTX imploded back in November and there have been a number of developments since then. The effect of the crypto exchange’s collapse is still being felt by both users and companies in the space, and th...
Investor Michael Burry Thinks Crypto Firms Auditing are “Meaningless”
Famous investor Michael Burry reportedly criticized the auditing that went on within the crypto industry. He cited the major cryptocurrency exchanges opting for proof-of-reserves (POR) audits, calling...
Japan Plans to Abolish Tax Deployed on Native Tokens of Crypto Firms
8 seconds ago | 2 mins read Bitcoin News The idea will be included in yearly tax policy guidelines for the country’s parliament. Token issuers are liable to a tax rate of about 35% on unrealized profi...