The Stock Prices of Crypto Firms Rise, Following BTC Surge

After Bitcoin soared past the $30,000 milestone, crypto-linked stocks like Coinbase and Block reaped the rewards. Cryptocurrency-related stocks experienced a significant boost on April 11th as Bitcoin (BTC) rallied past the $30,000 mark,…

Bermuda still open to crypto firms, says premier: Report

The dramatic collapse of crypto exchange FTX last November is not moving Bermuda away from receiving crypto companies, according to the head of the British island territory’s government during an interview with Bloomberg…

Leading Chinese Banks Support Hong Kong-Based Crypto Firms: Report

The subsidiaries of some of the largest Chinese banking institutions, including the Bank of Communications, the Bank of China, and Shanghai Pudong Development Bank, have reportedly either started offering their services to cryptocurrency…

Bitcoin seesaws after Fed raises rates, and crypto firms turn to Swiss lenders: CNBC Crypto World

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Crypto Firms Answering Hong Kong’s Call for Web3 Leadership

Hong Kong is accelerating toward its goal of becoming a global crypto hub, according to the region’s Secretary for Financial Services and the Treasury.  In a Monday speech at the Aspen Digital Web3…

Over 80 crypto firms eyeing presence in Hong Kong: Financial Secretary

More than 80 virtual asset-related firms across Mainland China and foreign nations have expressed interest in establishing a presence in Hong Kong, amid efforts from the city to become a leading hub for…

Meta Could Lose Race as Firms Reduce Barrier to Metaverse Entry

A survey of 550 global businesses and technology executives reveals that investment in metaverse objectives will grow, with a small pack of early adopters pulling away from the rest. Will Meta get left…

SEC to target crypto firms operating as ‘qualified custodians’ — Report

The United States Securities and Exchange Commission (SEC) is reportedly planning to propose new rule changes this week that could impact what services crypto firms can offer their clients.  According to a Feb….

SEC Chair Demands Full Disclosure From Crypto Firms

Chairman of the Securities and Exchange Commission (SEC) Gary Gensler said in an interview on CNBC that crypto companies will not survive unless they comply with free and fair disclosure rules. Gensler said…

SEC to up scrutiny of firms offering or giving advice about crypto

Crypto brokers and investment advisors offering or giving advice about cryptocurrencies will be put under the scope of the United States’ securities watchdog this year. A Feb. 7 statement from the Securities and…

Over 1,400 Chinese firms operating in blockchain industry, national whitepaper shows

On Dec 29, the state-owned China Academy for Information and Communications Technology, or CAICT, published a document titled “2022 Blockchain Whitepaper.” According to the paper, more than 1,400 blockchain firms are currently based…

SEC Chair Gensler To Target Non-Compliant Crypto Firms in 2023

Crypto companies would face a tougher US Securities and Exchange Commission (SEC) in 2023, according to Chairman Gary Gensler. Gensler said the agency was tired of waiting for crypto-related firms to comply with…

Who has returned donations or contributions from FTX amid the firm’s reputational risks?

Before its downfall, crypto exchange FTX and its then-CEO Sam Bankman-Fried had been some of the most prolific spenders in the space, bailing out crypto firms and donating to political campaigns and media…

Goldman Sachs buying crypto firms, FTX news, 3AC and Celsius updates: Hodler’s Digest Dec. 4-10

Top Stories This Week 7 class action lawsuits have been filed against SBF so far, records show Former FTX CEO Sam Bankman-Fried has been named in seven class action lawsuits filed since the…

US consumer watchdog probes crypto firms over deceptive ads

Several crypto firms are facing a probe from the United States Federal Trade Commission (FTC) over possible deceptive or misleading advertisements relating to cryptocurrencies. According to a Dec. 6 report from Bloomberg, FTC…

FINRA to Examine Retail Communication of Crypto Firms

FINRA aims to determine whether or not crypto firms were misleadingly advertising their products and services. The Financial Industry Regulatory Authority (FINRA), a private American corporation that acts as a self-regulatory organization regulating…

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