United Kingdom Financial Conduct Authority Published Crypto Regulation Roadmap

by Theresa Joy Lacatan | Dec 3, 2024 | Blog News, Crypto News

On 26 November 2024, the United Kingdom Financial Conduct Authority (UK FCA) published the regulatory roadmap for the regulation of cryptoassets for a secure and innovative digital asset market. UK FCA’s latest consumer research revealed that 12% of UK adults now own...

US SEC Accuses Eng Taing and Touzi Capital, LLC of £115 Million Investment Fraud in Crypto Mining and Debt Investments

by Theresa Joy Lacatan | Dec 3, 2024 | Blog News, Crypto News

On 29 November 2024, the United States Securities and Exchange Commission (SEC) initiated a civil enforcement action against Eng Taing and his company, Touzi Capital, LLC, for allegedly defrauding investors in connection with cryptocurrency mining and distressed debt...

UK FCA Unveils Rising Crypto Ownership and Roadmap for UK Regulation

by Theresa Joy Lacatan | Dec 3, 2024 | Blog News, Crypto News

On 26 November 2024, the United Kingdom’s Financial Conduct Authority (FCA) released its latest findings on UK consumer attitudes and behaviours towards cryptocurrencies. The report revealed that 12% of UK adults now own crypto, up from 10% in previous research....

United States Securities and Exchange Commission Approves Payment for BitClave Fund Administration

by Theresa Joy Lacatan | Nov 27, 2024 | Blog News, Crypto News

On 25 November 2024, the United States Securities and Exchange Commission issued a detailed administrative order under the United States Securities Exchange Act of 1934. The order approved the payment of fees and expenses to the fund administrator responsible for...

US SEC Approves Distribution Plan for Quantstamp Inc. Following US Securities Law Violations, Culminates in Investor Restitution

by Theresa Joy Lacatan | Nov 27, 2024 | Blog News, Crypto News

On 26 November 2024, the United States Securities and Exchange Commission passed an order approving plan of distribution concerning Quantstamp, Inc., a blockchain technology company that faced allegations of offering unregistered securities. This resolution follows a...

United States SEC Extends Review Period for NYSE Proposed Rule Change on Reverse Stock Splits

by Theresa Joy Lacatan | Nov 27, 2024 | Blog News, Crypto News

On 25 November 2024, the United States Securities and Exchange Commission announced the extension of the review period for a proposed rule change submitted by the New York Stock Exchange (NYSE). The proposal seeks to amend Section 802.01C of the NYSE Listed Company...