regulatory environment
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Ethereum Falls Below $1800: What Does This Mean for Investors?
According to reports, the market shows that ETH has fallen below $1800 and is currently trading at $1796.64, with a daily decline of 2.59%. The market is highly volatile, so please
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Insider: Binance. US’s withdrawal from acquiring Voyager may be part of an upcoming settlement with CFTC
According to reports, Binance. US has announced its decision to terminate its asset purchase agreement with Voyager Digital, citing \”the hostile and uncertain regulatory environmen
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Shift Away from US Banking System Leads To Decline in Stable Currency USDC Market Value
On April 26th, Jeremy Allaire, the CEO of Circle, stated in an interview that in the challenges of the banking system and regulation, investors are pushing to \”shift risk away from
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Coinbase CEO Brian Armstrong Shares Gary Gensler’s Speech on Crypto Regulation
On April 26th, Brian Armstrong, CEO of Coinbase, forwarded encrypted KOL @ ZK_ Shark tweet, featuring a speech by Gary Gensler, the current chairman of the US Securities and Exchan
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Coinbase Obtains Class F License from Bermuda Monetary Authority for Digital Asset Exchange
According to reports, Coinbase announced that as part of its international expansion efforts, the company has obtained a Class F license from the Bermuda Monetary Authority (BMA),
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Cryptocurrency Exchange Zipmex Requests Extension of Restructuring Plan Due to Liquidity Issues
According to reports, the cryptocurrency exchange Zipmex has requested the Singapore court to extend the restructuring plan again, which will allow its debt in Singapore to be exte
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#Title: Amber Group Weighs Options of Japanese Subsidiary While Seeking Digital Asset License in Hong Kong
According to reports, Amber Group, a cryptocurrency lending institution, is weighing the options of its Japanese subsidiary, including a possible sale, and plans to apply for a Hon
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Sun Yuchen plans to arrive in Hong Kong on April 11th and will attend the themed event “Huobi in Hong Kong, Rise of Eastern Power”
According to official sources, Sun Yuchen, founder of Wave Field TRON and member of the Huobi Huobi Global Advisory Committee, tweeted that \”I can\’t help but feel homesick. In the
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US Senators Blame Biden’s Hostility Towards Bitcoin for Lack of US Champions in Cryptocurrency
According to reports, US senators have stated that the hostility of the Biden administration towards Bitcoin and cryptocurrency companies has hindered the emergence of US champions
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Terraform Labs Executives Accused of Illegally Raising 414.5 Billion Won
According to reports, South Korean prosecutors have stated that 9 former and current executives of Terraform Labs illegally raised 414.5 billion won (approximately 314.2 million US
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The Challenging Regulatory Environment Faced by Cryptocurrency Industry
According to reports, Noah Perlman, the newly appointed Global Chief Compliance Officer of Coinage, stated that the regulatory environment facing the cryptocurrency industry makes
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Understanding the A-Share Market: Analyzing the Latest Trends in indices and Sectors
According to news, the A-share market opened with the Shanghai Composite Index at 3297.18 points, an increase of 0.02%, the Shenzhen Composite Index at 11878.16 points, a decrease
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Establishing Bybit’s Core Asian Business in Hong Kong
On April 3rd, the Dubai based crypto exchange Bybit said that the company was working hard to establish its core Asian business in Hong Kong and planned to locate some of its resea
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Bitcoin Futures Trading Volume Continues to Rise for the Fourth Consecutive Month
According to reports, data shows that the trading volume of Bitcoin futures on the Cryptocurrency Exchange (in US dollars) has risen for the fourth consecutive month. As of now, th
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The Impact of the SEC’s Wells Notification on Coinbase
According to reports, Brian Armstrong, CEO of Coinbase, tweeted, \”The Wells notification issued by the Securities and Exchange Commission (SEC) has greatly boosted morale. Although
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Chinese Banks Opening Up to Cryptocurrency Companies in Hong Kong
On March 27th, people familiar with the matter said that the Hong Kong branches of Bank of Communications of China, Bank of China, and Shanghai Pudong Development Bank have started
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Coinbase’s Stock Rating Downgraded After Receiving a Wells Notice: What Does It Mean for the Regulatory Environment?
According to reports, Oppenheimer, an investment bank and broker-dealer, downgraded Coinbase\’s stock rating, citing an unhealthy regulatory environment after Coinbase received the
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Cathie Wood’s ARK Fintech Innovation ETF Sells $13.5M Worth of Coinbase Stock
According to reports, Cathie Wood\’s ARK Fintech Innovation ETF sold $13.5 million worth of Coinbase stock, the first sale of Coinbase stock since July. ARK sold 160887 shares of it
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Cryptocurrency Adoption in India: A Growing Trend Amongst the Middle Class
On March 21st, it was reported that in the past six years, despite the government\’s traditionally negative attitude towards the industry, the number of cryptocurrency investors in
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State Street Bank Ends Partnership with Cryptocurrency Custodian Company
According to reports, State Street Bank said it had ended its partnership with Copper, a cryptocurrency custodian company. A spokesman for State Street Bank said in an email that the two banks had jointly decided to terminate the license agreement. State Street Bank will continue to work on “providing multiple solutions for token based securities and native tokens”, adding that “the regulatory environment for digital assets has been evolving, and the requirements for providing services for this asset class are also changing.” Earlier on Thursday, Copper announced that it will close its enterprise infrastructure business and will focus on its Clear Loop custody and settlement business in the future. State Street Bank has terminated its partnership with Copper, a crypto custody company Analysis based on this information:State Street Bank has ended its partnership with Copper, a cryptocurrency custodian company, according to reports. A spokesman for State Street Bank confirmed that the two banks had decided jointly to terminate the license…
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Coinbase’s Expansion in Singapore: A Response to Regulatory Challenges in the US
According to reports, “Coinbase (COIN. O) will allow Singapore customers to transfer funds into or out of their accounts through local banks.” Brian Armstrong, CEO of Coinbase, said on Twitter, “In creating a clear regulatory manual for cryptocurrencies, the regulatory environment in the United States lags behind other major financial centers (the United Kingdom, Singapore, Hong Kong, China, etc.). We will adjust our investments accordingly.” CEO of Coinbase: The corresponding investment will be adjusted because the regulatory environment in the United States lags behind other major financial centers Analysis based on this information:Coinbase, the popular digital currency exchange platform, plans to allow its Singapore customers to move their funds into or out of their accounts through local banks. This development is part of the company’s efforts to expand its global reach and cater to the growing demand for cryptocurrencies in Asia. However, the announcement also reveals the challenges that Coinbase is facing in its home market, the United States, due…
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Visa and MasterCard Delay Launch of Crypto Partnership
It is reported that according to Reuters, the multinational financial service companies Visa and MasterCard suspended the new cryptocurrency partnership. Peopl…