EX-FTX ENGINEERING DIRECTOR TO PLEAD GUILTY IN FTX’S FRAUD CASE |1300 HKT | 0600 UKT | 1 March 2023

by Александр Пирогов | Mar 1, 2023 | Blog News

Nishad Singh, a former FTX’s engineering director, has reportedly pleaded guilty to six counts of criminal charges and agreed to cooperate with prosecutors to investigate the crypto exchange founder Sam Bankman-Fried. Singh admitted that he knew Alameda Research,...

HONG KONG TO ESTABLISH VA TASK FORCE TO BOOST VIRTUAL ASSET INDUSTRY |1300 HKT | 0600 UKT | 1 March 2023

by Александр Пирогов | Mar 1, 2023 | Blog News

Hong Kong’s Financial Secretary Paul Chan announced during the 2023-24 Budget Speech that he would establish and lead a task force on virtual asset development to enhance the city’s position in the industry. The task force will reportedly be overseen by...

SEC PROPOSES TO EXPAND THE SCOPE OF REQUIREMENTS UNDER THE 2009 CUSTODY RULE, COVERING CRYPTO |1300 HKT | 0600 UKT | 17 February 2023

by Александр Пирогов | Feb 17, 2023 | Blog News

US Securities Exchange Commission (SEC) has voted 4-1 in favour of a proposal to amend the Custody Rule under the Advisers Act. Under the new proposed amendments, the requirement for advisers and qualified custodians to segregate investors’ assets will be expanded to...

SAM BANKMAN-FRIED’S BAIL MAY BE REVOKED BECAUSE OF ALLEGED WITNESS TAMPERING ATTEMPT|1300 HKT | 0600 UKT | 17 February 2023

by Александр Пирогов | Feb 17, 2023 | Blog News

Judge Lewis Kaplan said the court could revoke the bail of the FTX founder Sam Bankman-Fried in the court hearing on 16 February as there was probable cause to believe he may have attempted to tamper with witnesses. It was suggested by the prosecutor a day before the...

HONG KONG GOVERNMENT ISSUES HK$800 MILLION TOKENIZED GREEN BONDS |1300 HKT | 0600 UKT | 17 February 2023

by Александр Пирогов | Feb 17, 2023 | Blog News

The Hong Kong government announced on 16 February that it had successfully issued the world’s first government-issued tokenized green bond worth HK$800 million under the Government Green Bond Programme (GGBP). The yield of the one-year Hong Kong dollar-denominated...

SEC FILES A LAWSUIT AGAINST TERRAFORM LABS AND ITS FOUNDER FOR VIOLATING THE SECURITIES AND EXCHANGE ACT |1300 HKT | 0600 UKT | 17 February 2023

by Александр Пирогов | Feb 17, 2023 | Blog News

The US Securities and Exchange Commission (SEC) has filed a complaint against Singapore-based Terraform Labs and its founder Do Hyeong Kwon in the US District Court for the Southern District of New York for orchestrating a multi-billion dollar crypto asset securities...