Regulatory Compliance

According to reports, Bank of America has been more cautious in providing services to the encryption industry after a series of regional bank failures and strengthened scrutiny by

It is reported that Blocknox, the digital unit of the Stuttgart Exchange, has obtained the final approval of BaFin, the German financial regulator, as the custodian of cryptocurren

It is reported that Blocknox, the digital unit of the Stuttgart Exchange, has obtained the final approval of BaFin, the German financial regulator, as the custodian of cryptocurren

On March 27th, according to a lawsuit issued by the U.S. Commodity Futures Trading Commission (CFTC), the document mentioned several chat records about CZ\’s use of the Signal chat

According to reports, Coinbase, a cryptocurrency exchange, said it was in discussions with customers to develop a new overseas (trading) platform. (Jin Shi) Interpretation of this information: The news that cryptocurrency exchange Coinbase is in discussions with customers to develop a new overseas trading platform highlights the ongoing growth and evolution of the digital currency market. As more and more people around the world become interested in cryptocurrencies, companies like Coinbase must adapt and innovate to keep up with demand. One of the biggest challenges facing Coinbase and other cryptocurrency…

According to the news on March 11, under regulatory pressure, Coinbase is updating the terms and conditions of its pledge service. In an email to customers this Friday, Coinbase said that the pledge service will continue to be provided, but Coinbase will only serve as a service provider connecting pledge users, verifiers and agreements, and will also charge “transparent Coinbase fees”, The biggest change in the terms is that “users must now cancel the pledge before selling or transferring some assets, which makes the service of Coinbase more consistent with…

It is reported that the analysts of JPMorgan Chase remain optimistic about the shares of Signature Bank (SBNY) due to the financial and regulatory problems faced by the encryption bank Silvergate Capital (SI), which questioned its long-term viability. Interpretation of this information: According to recent reports, JPMorgan Chase’s analysts have expressed their confidence in the shares of Signature Bank (SBNY) despite the financial and regulatory issues faced by other banks in the cryptocurrency space. Specifically, the analysts cited concerns over the long-term viability of Silvergate Capital (SI), which has struggled…

According to reports, Binance responded to the closure of the contract position of Australian users, saying that this was due to the misclassification of some accounts. The team found that some Australian users were wrongly classified as Wholesale clients on Binance. According to Australian regulations, we are required to notify these users and immediately close their derivatives positions. We have contacted all affected users and will fully compensate them for the loss of derivatives trading. Interpretation of this information: The closure of contract positions of Australian users has been a…

It is reported that recently, according to the Administrative Regulations on Blockchain Information Services, the National Internet Information Office released the 11th batch of 502 domestic blockchain information service names and filing numbers. Interpretation of this information: The National Internet Information Office has recently released the 11th batch of 502 domestic blockchain information service names and filing numbers, in accordance with the Administrative Regulations on Blockchain Information Services. The release of this batch marks another milestone in China’s growing blockchain industry. The Administrative Regulations on Blockchain Information Services outlines the…

It is reported that Cardano Foundation announced the appointment of Andreas Pletscher, a former PwC executive, as Chief Operating Officer (COO), and Nicolas Jacquemart, a former Swiss regulator, as Chief Legal Officer (CLO). It is reported that Andreas Pletscher has served as the technical director of PricewaterhouseCoopers and IBM, and has more than 25 years of experience in the international financial services industry. Nicolas Jacquemart previously worked in the financial technology department of FINMA, the Swiss financial market regulator. Interpretation of this information: The Cardano Foundation has recently announced the…

On February 14, Markus Thielen, the research director of Matrixport, a crypto financial service company, believed that the recent regulatory crackdown on the BUSD issuer Paxos and the review of its Binance USD were not aimed at all stable currencies, which may be due to the lack of strict regulation of the issuer Paxos on tokens. Interpretation of this information: Markus Thielen, the research director of Matrixport, a crypto financial service company, has shared his insights regarding the regulatory crackdown on BUSD issuer Paxos and the review of its Binance…