HashKey Capital, a prominent player based in Hong Kong in virtual asset management, has secured a Type 4 license from the Securities and Futures Commission (SFC). This license, identified as BOP237, distinguishes HashKey Capital as a pioneering licensed corporation capable of offering both securities and virtual asset management and advisory
In the unpredictable realm of cryptocurrency investing, opportunities often present themselves when least expected. For those who may have missed the staggering bull runs of Shiba Inu (SHIB) and Dogecoin (DOGE), a beacon of hope emerges in the form of Hump, the Solana meme coin. Identified by a top crypto
No one in the cryptocurrency world is taking the US SEC’s regulatory actions regarding the industry’s future lightly. The chairman of the SEC has been the target of criticism from billionaire Mark Cuban, who claims that the chair has failed miserably in his duty to safeguard investors against fraud. Mark
US House of Representatives passed a resolution to overturn a contentious Securities and Exchange Commission (SEC) bulletin concerning accounting standards for cryptocurrency custodians. The resolution, passed by a vote of 228-182, garnered significant support from Republicans and 21 Democrats, underscoring growing tensions between legislative preferences and regulatory measures within the
In the ongoing legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC), significant progress has been made as both parties filed their final replies in the lawsuit’s remedies stage. The SEC challenged Ripple’s assertion of acting without recklessness and argued against any “widespread uncertainty” regarding
Securities and Exchange Commission (SEC) Chairman Gary Gensler’s recent remarks regarding the classification of Ethereum have sparked a flurry of responses within the crypto community. While Gensler refrained from directly addressing whether Ethereum should be classified as a security or a commodity, he commented on investor protection and regulatory concerns.
The OMNIA Protocol launch is catalyzed by a strategic partnership with ChainGPT Pad, a launchpad, accelerator, and incubator providing mentorship, community access, and token launch infrastructure to promising Web3 startups ChainGPT, the AI-powered Web3 infrastructure providing a diverse suite of tools and services, will exclusively launch the IDO of its
The US Securities and Exchange Commission (SEC) has announced a further delay in its decision-making process regarding the proposed Invesco Galaxy Ethereum exchange-traded fund (ETF). In a recent filing, the SEC extended the deadline for its decision to July 5, 2024, citing the need for additional time to evaluate the
For the second month in a row, venture capital financing for cryptocurrencies has exceeded $1 billion. According to RootData, the total financing for April amounted to $1.02 billion, spread over 161 investment rounds. This is a little decrease from March, when $1.09 billion was reported from 186 rounds. Two consecutive
Another class action complaint has been filed against cryptocurrency exchange Coinbase, claiming that the exchange deceived investors into buying securities. Coinbase is facing allegations of securities law violations from individual complainants who have filed a formal complaint. The complaint also claims that SOL, MATIC, NEAR, MANA, ALGO, UNI, XTZ, and
