by Theresa Joy Lacatan | Dec 21, 2024 | Blog News, Crypto News
On 18 December 2024, the Hong Kong Securities and Futures Commission (HK SFC) announced that it had granted licences to four virtual asset trading platforms (VATPs) under its streamlined licensing process. The process follows a comprehensive series of on-site...
by Theresa Joy Lacatan | Dec 21, 2024 | Blog News, Crypto News
On 17 December 2024, the United Kingdom Financial Conduct Authority (UK FCA) published a consultation paper CP24/29 on the establishment of the Private Intermittent Securities and Capital Exchange System (PISCES). This proposed private stock market aims to allow...
by Theresa Joy Lacatan | Dec 18, 2024 | Blog News, Crypto News
On 16 December 2024, the United Kingdom Financial Conduct Authority (UK FCA) released Discussion Paper DP24/4, presenting proposals to enhance transparency, market integrity, and consumer protection in the UK’s crypto markets. These rules, if approved would apply to...
by Theresa Joy Lacatan | Dec 18, 2024 | Blog News, Crypto News
On 16 December 2024, the United States Securities and Exchange Commission (US SEC) published the final rules for Electronic Submission of Certain Materials Under the United States Securities Exchange Act of 1934; Amendments Regarding the FOCUS Report which proposes...
by Theresa Joy Lacatan | Dec 18, 2024 | Blog News, Crypto News
On 18 December 2024, the Australian Securities and Investments Commission (ASIC) commenced civil proceedings in the Australian Federal Court against Oztures Trading Pty Ltd, trading as Binance Australia Derivatives, alleging significant breaches of consumer protection...
by Theresa Joy Lacatan | Dec 18, 2024 | Blog News, Crypto News
On 12 December 2024, the Australian Federal Court, in its judgment titled Australian Securities and Investments Commission v Bit Trade Pty Ltd 2024 FCA 1422, ordered Bit Trade Pty Ltd, the Australian operator of the Kraken cryptocurrency exchange, to pay AUD 8 million...