by Александр Пирогов | Mar 2, 2023 | Blog News
Binance’s stablecoin, Binance USD, has experienced a significant outflow of almost $6 billion following a recent US regulatory crackdown on its issuer Paxos Trust Company. The US Securities and Exchange Commission (SEC) has previously alleged that the token was...
by Александр Пирогов | Mar 1, 2023 | Blog News
Ras Al Khaimah, one of the seven Emirates of the UAE, will reportedly launch the world’s first free zone dedicated solely to companies operating in the crypto industry. The RAK Digital Assets Oasis (RAK DAO) allows entrepreneurs to have complete ownership of their...
by Александр Пирогов | Mar 1, 2023 | Blog News
Nishad Singh, a former FTX’s engineering director, has reportedly pleaded guilty to six counts of criminal charges and agreed to cooperate with prosecutors to investigate the crypto exchange founder Sam Bankman-Fried. Singh admitted that he knew Alameda Research,...
by Александр Пирогов | Mar 1, 2023 | Blog News
Hong Kong’s Financial Secretary Paul Chan announced during the 2023-24 Budget Speech that he would establish and lead a task force on virtual asset development to enhance the city’s position in the industry. The task force will reportedly be overseen by...
by Александр Пирогов | Feb 17, 2023 | Blog News
US Securities Exchange Commission (SEC) has voted 4-1 in favour of a proposal to amend the Custody Rule under the Advisers Act. Under the new proposed amendments, the requirement for advisers and qualified custodians to segregate investors’ assets will be expanded to...
by Александр Пирогов | Feb 17, 2023 | Blog News
Judge Lewis Kaplan said the court could revoke the bail of the FTX founder Sam Bankman-Fried in the court hearing on 16 February as there was probable cause to believe he may have attempted to tamper with witnesses. It was suggested by the prosecutor a day before the...