Regulatory Compliance
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Divestment of $50-10 Billion in Long-Term Securities and Mortgages: First Republic Bank Exploring Options
According to reports, according to insiders, First Republic Bank of the United States is exploring the divestment of $50-10 billion in long-term securities and mortgages, as part o
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Decentralized Exchange Vertex Announces the Launch of Arbitrum on the Main Network
According to reports, Decentralized Exchange (DEX) Vertex has announced the launch of Arbitrum on its main network. Vertex has been running on a testing network and combines an off
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Bybit Heads Toward KYC Implementation To Ensure Compliance With Regulations
According to reports, the cryptocurrency trading platform Bybit will force users to perform KYC from 11:00 am Beijing time on May 8, 2023. Users who do not perform KYC before the d
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Decentralized Finance (DeFi) Faces Regulatory Challenges: Is Compliance the Key to its Future?
According to reports, Assistant Secretary of the Treasury Elizabeth Rosenberg stated that the Treasury is strengthening its regulatory system and DeFi should plan for some complian
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Understanding the Risks of Crypto Asset Securities: SEC Recommendations for Financial Professionals
It is reported that in a new announcement, the U.S. Securities and Exchange Commission recommended that financial professionals thoroughly understand the risks associated with cert
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Metropolitan Commercial Bank: The End of a Cryptocurrency Era
According to reports, according to a filing submitted to the Securities and Exchange Commission (SEC) on April 18th, Metropolitan Commercial Bank is nearing a complete exit from th
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Indictment Filed Against Co-founders of Terraform Labs for Alleged Forgery of Personal Documents
According to reports, Dusko Milanovic, an official of the Prosecutor\’s Office in Podgorica, the capital of Montenegro, stated that Montenegro\’s prosecutors have filed an indictment
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The Future of FTX Exchange: A Proposal for Revitalization
According to reports, Tribe Capital reported that in January 2023, its co founder Arjun Seti met with FTX\’s unsecured creditor committee to discuss a proposal to revitalize the exc
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The Future of FTX Exchange: A Proposal for Revitalization
According to reports, Tribe Capital reported that in January 2023, its co founder Arjun Seti met with FTX\’s unsecured creditor committee to discuss a proposal to revitalize the exc
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US District Judge Rejects Terraform and Do Kwon’s Request to Withdraw Documents Requested by the SEC
On April 18th, according to court records, US District Judge Jed Rakoff rejected the requests of Do Kwon and Terraform during Friday\’s hearing. Do Kwon and his company had previous
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Should Bitcoin Prices Reach $1 Million? Insights from Mike Novogratz
According to reports, Galaxy Digital founder Mike Novogratz stated in a recent interview that he does not want Bitcoin prices to reach $1 million. Specifically, he criticized a rec
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Coinbase CEO Brian Armstrong Sells $1.8 Million in Stocks Amid SEC Investigation
According to reports, Whale Wire, an online monitoring data platform, tweeted that the latest data shows that Brian Armstrong, CEO of Coinbase, has sold over $1.8 million worth of
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Hong Kong’s Largest Virtual Bank to Serve as Settlement Bank for Crypto Exchange
According to reports, Watcher Guru tweeted that Hong Kong\’s largest virtual bank will serve as the \”settlement bank\” for the cryptocurrency exchange.
Watcher. Guru: The largest vir -
Cobo’s Plans for Hong Kong’s Crypto Landscape
On April 10th, it was reported that at the roundtable forum of \”Big Wave Taosha | Web3 Continuous Entrepreneurs Xiangjiang Dialogue\”, Cobo co founder and CEO Shen Yu stated in resp
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Impact of Texas Bill on Local Bitcoin Mining Operations
On April 5th, Texas lawmakers unanimously passed a bill that would eliminate tax incentives for local Bitcoin mining operations. The bill was initiated by Republican state senators
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Advancing towards a Global Market: Finst Completes $4.4 Million Seed Round
On April 5th, the Dutch cryptocurrency trading platform Finst announced the completion of a $4.4 million seed round financing, led by Deribit\’s parent company Sentillia. This round
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Digital Asset Company Paxos Has Over 10 Million Active Digital Wallets Worldwide
According to reports, digital asset company Paxos announced that it has over 10 million active digital wallets worldwide. Paxos issued a statement stating that although market chal
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China Taipao Investment Management & Waterdrop Capital Launch Two Digital Asset Funds
On April 3rd, it was reported that China Taipao Investment Management (Hong Kong) Co., Ltd. and Waterdrop Capital jointly launched two digital asset funds, namely Pacific Waterdrop
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Lookonchain Report Reveals a $27 Million Transaction in BTC from Binance
According to reports, Lookonchain monitoring showed that a new address received 951 BTCs (valued at approximately $27 million) from Binance on March 28th and today. The average rec
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Transferring $157 Million of Frozen Assets: OKX’s Response to the FTX Crash
According to reports, Oi OKX announced that it would transfer approximately $157 million of frozen assets related to FTX and Alameda to creditors. After the FTX crash in November 2