HONG KONG TO ESTABLISH 26-MEMBER TASK FORCE TO FACILITATE WEB3 DEVELOPMENT |1300 HKT | 0600 UKT | 3 July 2023

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...

UK’S AMENDED FINANCIAL SERVICES AND MARKETS BILL RECOGNISES CRYPTO TRADING AS REGULATED FINANCIAL ACTIVITY |1300 HKT | 0600 UKT | 3 July 2023

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,...

COINBASE CHALLENGES SEC LAWSUIT, QUESTIONS EXTRAORDINARY ABUSE OF PROCESS |1300 HKT | 0600 UKT | 30 June 2023

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,...

FIDELITY JOINS LEADING ASSET MANAGERS IN SEEKING APPROVAL FOR SPOT BITCOIN ETF |1300 HKT | 0600 UKT | 30 June 2023

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...

GERMAN REGULATOR DENIES BINANCE’S CRYPTO CUSTODY LICENCE APPLICATION |1300 HKT | 0600 UKT | 30 June 2023

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...

REPORT REVEALS THAT 130 NATIONS IS NOW EXPLORING CBDC |1300 HKT | 0600 UKT | 29 June 2023

by Александр Пирогов | Jul 1, 2023 | Blog News

A report from the Atlantic Council reveals that 130 nations, which account for 98% of the world’s economy, are considering digital versions of their currencies. Among these nations, nearly half of them are in the advanced stages of development, pilot, or launch. With...