US Deputy Treasury Secretary Advocates for Enhanced Crypto Enforcement Powers

by Александр Пирогов | Apr 10, 2024 | Blog News

In testimony before the Senate Banking Committee, Deputy Treasury Secretary Adewale Adeyemo reiterated the department’s call for increased enforcement powers to combat illicit finance, terrorism, and sanctions evasion in the crypto space. Adeyemo outlined three...

Hong Kong Set to Approve First Batch of Spot Bitcoin ETFs

by Александр Пирогов | Apr 10, 2024 | Blog News

Reports indicate that the Securities and Futures Commission of Hong Kong is poised to approve the first batch of spot Bitcoin exchange-traded funds (ETFs) in the region by April 15. Initially, the regulator planned to approve four spot Bitcoin ETFs, but at least two...

MAS Broadens Regulatory Framework for Digital Payment Token Service Providers in Singapore

by Александр Пирогов | Apr 10, 2024 | Blog News

The Monetary Authority of Singapore (MAS) has announced amendments to the regulatory framework governing digital payment token (DPT) service providers under the Payment Services Act (PS Act). These changes covers various activities, such as custodial services, token...

Crypto Trader’s Trial Begins: Implications for DeFi Sector

by Александр Пирогов | Apr 9, 2024 | Blog News

In a landmark trial opening today in New York, crypto trader Avi Eisenberg faces charges of criminal fraud and manipulation, with significant implications for the decentralized finance (DeFi) sector. The trial involves a diverse 15-person jury, reflecting the complex...

Trial of Avraham Eisenberg, Accused Mango Markets Exploiter, Set to Begin

by Александр Пирогов | Apr 9, 2024 | Blog News

Avraham Eisenberg, accused of exploiting Mango Markets and stealing over $116 million in October 2022, is set to face trial this week in a New York court. The trial follows indictments by the US Commodity Futures Trading Commission (CFTC) and the Securities and...

Philippines SEC Bans Binance, Prompting Concern Among Filipino Crypto Investors

by Александр Пирогов | Apr 9, 2024 | Blog News

The Philippines Securities and Exchange Commission (SEC) has banned Binance, sparking worry among Filipino crypto investors about the fate of their cryptocurrencies. Attorney Paolo Ong from the SEC clarified that the ban is part of broader regulatory efforts targeting...