by Александр Пирогов | Jul 17, 2023 | Blog News
US-based crypto startups account for 45% of all venture capital (VC) investments in the crypto industry in Q2 2023 despite the increasing regulatory scrutiny in the country, with startups in the “trading category” drawing more capital, a recent study by crypto...
by Александр Пирогов | Jul 17, 2023 | Blog News
Alex Mashinsky, the founder and ex-CEO of bankrupt crypto lending platform Celsius Network, entered a plea of not guilty to several fraud charges brought against him. Mashinsky faces accusations of misleading investors and manipulating the company’s propriety crypto...
by Александр Пирогов | Jul 17, 2023 | Blog News
South Korea’s Financial Services Commission (FSC) proposed a new bill on 11 July, requiring all firms that issue or hold crypto to disclose their holdings. The new rules, which are expected to come into effect on 1 January 2024, aim to increase transparency in crypto...
by Александр Пирогов | Jul 17, 2023 | Blog News
Following Ripple Labs’ partial victory over the US Securities and Exchange Commission (SEC) on 13 July, Ripple (XRO) has ascended to become the fourth largest cryptocurrency by market capitalisation. The District Court for the Southern District of New York ruled that...
by Александр Пирогов | Jul 17, 2023 | Blog News
The Reserve Bank of India (RBI) is encouraging more lenders to participate in the pilot programs of its central bank digital currency, the e-rupee. The pilot program, which began last year, covered both the wholesale and retail markets. Some large state-owned and...
by Александр Пирогов | Jul 17, 2023 | Blog News
Japan’s second-largest lender, Sumitomo Mitsui Financial Group, has entered the US consumer banking market with a new digital banking service. The digital banking arm has been established under Manufacturers Bank, a California state-chartered wholly owned by Sumitomo...
Hong Kong Monetary Authority Responds to US Federal Reserve’s Interest Rate Decision
UK FCA Confiscates Over £500,000 from Convicted Insider Dealer in Landmark Enforcement Action
UK FCA Proposes Reforms for Corporate Bond Issuance and Investment Opportunities
Latvia’s Financial Services Sector Moves Towards Innovation, Connectivity, and Resilience
US SEC Appoints Natalia Díez Riggin as Senior Advisor and Acting Director of Legislative and Intergovernmental Affairs