by Александр Пирогов | Jul 3, 2023 | Blog News
Venture capital investments in crypto firms have plunged by over 70% within the past year, as per data from crypto provider RootData. According to the data, there were just 83 projects that received $520 million in June 2023, compared to $1.81 billion spread across...
by Александр Пирогов | Jul 3, 2023 | Blog News
The Hong Kong government announced on 30 June the establishment of the 26-member task force to facilitate responsible and sustainable growth of the Web3 sector in Hong Kong. The task force consists of 15 industry participants and 11 key government officials. Following...
by Александр Пирогов | Jul 3, 2023 | Blog News
UK’s Financial Services and Markets Act 2023, which had already been approved by the upper house of Parliament on 19 June, was officially granted Royal Assent by King Charles on 29 June. The new law recognises cryptocurrency trading as a regulated financial activity,...
by Александр Пирогов | Jul 1, 2023 | Blog News
The US-based cryptocurrency exchange Coinbase has lodged a motion to dismiss a lawsuit by the Securities and Exchange Commission (SEC), challenging the regulator’s application of securities laws. Filed with the US District Court for the Southern District of New York,...
by Александр Пирогов | Jul 1, 2023 | Blog News
Asset management firm Fidelity is seeking approval once more for its Wise Origin Bitcoin Trust spot Bitcoin ETF, according to a filing by Cboe Global Markets with the US Securities and Exchange Commission (SEC). Fidelity joins a lineup of leading asset managers...
by Александр Пирогов | Jul 1, 2023 | Blog News
The world’s largest cryptocurrency exchange, Binance, has reportedly been denied a cryptocurrency custody licence by German regulator BaFin. Binance did not disclose conversation details with the regulator, but said it would continue to work to ensure compliance with...