regulatory environment
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USDC Circulation Sees Significant Change: What Does It Mean?
According to reports, from April 20th to April 27th, Circle issued approximately 700 million USDCs and redeemed approximately 1.1 billion USDCs, resulting in a decrease of approxim
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The Federal Deposit Insurance Corporation (FDIC) issued a Consent Order to cryptocurrency-friendly Cross River Bank
According to reports, the Federal Deposit Insurance Corporation (FDIC) of the United States has issued a Consent Order to Cross River Bank, which is cryptocurrency friendly, regard
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Qian An Speaks on the Uncertainty of Regulatory Environment in the US
According to reports, Qian An claimed that the regulatory environment in the United States is hostile and the prospects are unpredictable.
Coin An: The regulatory environment in th -
The Decline of USDC Market Value: Banking Regulations and Investor Concerns
On April 26th, Jeremy Allaire, the CEO of Circle, stated in an interview that in the challenges of the banking system and regulation, investors are pushing to \”shift risk away from
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Understanding the Risks of Cryptocurrency: SEC Guidelines 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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HashPort, a Japanese Web3 company, completed a financing of over 1.2 billion yen, with Maezawa Youzuo participating in the investment
On April 19, it was reported that Hash Port, a Japanese Web3 company, had completed round C financing of more than 1.2 billion yen (8.9 million US dollars) through a third-party ri
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Evaluating Options for Amber Group’s Japanese Subsidiary, Potential Sale Considered
According to reports, Amber Group, a cryptocurrency lending institution, is weighing the options of its Japanese subsidiary, including a possible sale, and plans to apply for a Hon
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The Confusing State of Cryptocurrency Regulations in the U.S.
According to reports, at the Web3 Hong Kong Carnival Summit held today, Joao Reginatto, Vice President of Circle Products, stated that the regulatory environment now depends on whi
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Hong Kong Emerges as Hub for Web3 Companies: Government Companies Expand & Launch International Headquarters
On April 12th, at the Web3 Hong Kong Carnival Summit held today, Chen Haolian, Acting Secretary for Financial Affairs and Treasury of the Hong Kong Special Administrative Region Go
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Table of Contents
According to reports, on April 7th, Jurrien Timmer, global macro head of Fidelity Investments, an asset management company, stated on Twitter that the S&P 500 index has been in a r
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21Shares Launches 21Shares Stacks Stacking ETP
According to reports, Exchange Traded Product (ETP) issuer 21Shares has announced the launch of 21Shares Stacks Stacking ETP, aimed at providing risk investment exposure to Stacks.
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The Rise of Cryptocurrencies in Russia: Exploring its Current Landscape
According to reports, the Central Bank of the Russian Federation (CBR) released an estimate of the digital assets held by the public in its latest household financial report. Accor
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Oppenheimer downgraded Coinbase stock due to receiving a Wells notification from the US SEC
According to reports, Oppenheimer, an investment bank and broker-dealer, downgraded Coinbase’s stock rating, citing an unhealthy regulatory environment after Coinbase received the Wells Notice from the Securities and Exchange Commission. Interpretation of this information: Coinbase, a leading US cryptocurrency exchange platform, has been facing regulatory scrutiny in recent months. The Securities and Exchange Commission (SEC) indicated that it may sue Coinbase over its upcoming product, Lend, which would allow customers to earn interest on their crypto holdings. Coinbase received a Wells Notice from the SEC, which means it will be…
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CEO of Coinbase: The corresponding investment will be adjusted because the regulatory environment in the United States lags behind other major financial centers
According to reports, “Coinbase (COIN. O) will allow Singapore customers to transfer funds into or out of their accounts through local banks.” Brian Armstrong, CEO of Coinbase, said on Twitter, “In creating a clear regulatory manual for cryptocurrencies, the regulatory environment in the United States lags behind other major financial centers (the United Kingdom, Singapore, Hong Kong, China, etc.). We will adjust our investments accordingly.” Interpretation of this information: The message reveals that Coinbase, a popular cryptocurrency exchange, has decided to allow customers in Singapore to transfer funds into or…
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Kraken Chief Legal Officer: Accelerating the launch of the banking plan
According to reports, Marco Santori, Kraken’s chief legal officer, said in the podcast that although the regulatory environment was full of challenges, Kraken was accelerating the launch of its own banking plan. Santori added that Kraken’s banking relationship is safe. Santori declined to discuss the settlement of the Securities and Exchange Commission in detail, but he said that pledge only accounted for a small part of Kraken’s income, and Kraken neither admitted nor denied any allegations in the complaint. Interpretation of this information: Kraken, a San Francisco-based cryptocurrency exchange, is…
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Ukrainian official: efforts are being made to implement the European encryption regulation MiCA
On February 28, Yuri Boiko, the Ukrainian securities commissioner, said in an interview that Ukraine continued to work on cryptocurrency legislation, and the war did not change its regulatory position. Boiko said that Ukrainian legislators have been working hard to implement European encryption regulations, namely the Encrypted Asset Market Regulation (MiCA). We clearly know where we should go, because our path is European integration and the introduction of better EU norms and rules into our market. Therefore, we are confident to follow our own path and implement MiCA regulations into…