Hong Kong Mulls Spot Bitcoin ETF In A Move That Could Force The US SEC’s Hand

Hong Kong is reportedly contemplating a foray into spot crypto exchange-traded funds (ETFs), triggering waves of excitement for enthusiasts, with the Securities and Futures Commission (SFC) weighing its options. дальше »

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HSBC to launch custody service for tokenized securities

Banking giant HSBC is set to introduce digital asset custody services for tokenized securities such as bonds on the blockchain. The bank expects to go live with the service in 2024. The service is geared toward institutional investors and will continue expanding the lender’s offerings in the digital asset realm. дальше »

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HSBC taps Metaco for tokenized securities platform

Legacy bank HSBC announced its latest blockchain endeavor in partnership with a Ripple-owned firm to service institutional clients with demand for real-world assets (RWA) hosted on-chain. дальше »

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SEC files opposition to Binance motion to dismiss

Former Chief SEC Office of Internet Enforcement John Reed Stark shares SEC opposition with screenshot citing Binance’s Chief Compliance Officer’s statement that Binance was operating as an unlicensed securities exchange in the United States. дальше »

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HSBC Partners with Ripple’s Metaco to Offer Tokenized Securities Custody

HSBC taps Ripple's Metaco to develop tokenized securities custody, launching in 2024, allowing institutions to securely manage assets. дальше »

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Swiss Crypto Bank SEBA Wins Hong Kong License

The bank's Hong Kong unit can now deal in and distribute securities, including virtual assets-related products. дальше »

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HSBC taps Ripple’s Metaco to launch security token custody

HSBC has partnered with Ripple-owned tech firm Metaco to allow institutional investors to hold tokenized securities on its new custody platform. дальше »

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HSBC to Offer Tokenized Securities Custody Service for Institutions

The platform, planned for 2024, complements its new offering for tokenized gold as well as one for issuing digital assets. дальше »

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U.S. Banking Watchdog Hsu Says Tokenization Promising, But Crypto Full of Fraud

Tokenization of assets could be the answer to the risky complexities of settling the movement of funds and securities, said Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency. дальше »

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US lawmaker seeks to slash SEC chief’s salary to just $1

U.S. legislator has proposed reducing the annual salary of Securities and Exchange Commission chair Gary Gensler to a mere one dollar. Representative Tim Burchett has put forth an amendment to the Financial Services and General Government (FSGG) bill, proposing to… дальше »

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Not Interested? Why SEC Can’t Find Crypto Experts To Work With The Agency

The US Securities and Exchange Commission (SEC) is facing a growing challenge in filling vacant Crypto Assets Specialist positions within its ranks. The Office of the Inspector General (OIG) of the SEC recently published its “2023 SEC OIG Management and Performance Challenges” report, shedding light on the persistent issue of staff shortages in the SEC’s […] дальше »

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Senator Lummis Criticizes SEC’s Crypto Crackdown, Vows To Block Controversial Policies

In a recent interview with Yahoo Finance, Senator Cynthia Lummis expressed her disapproval of the Securities and Exchange Commission’s (SEC) intensified crackdown on the crypto industry throughout 2023. дальше »

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XRP Is Now The New Favorite Crypto Of Americans – Details

Ripple’s Chief Legal Officer Stuart Alderoty had once highlighted XRP’s unique positioning in the US following Ripple’s notable victories against the US Securities and Exchange Commission (SEC). His statement has more backing now as Americans seem to have taken more interest in the crypto token since then. дальше »

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SEC Chair Gensler takes dig at lawyers advising crypto and defi projects

Gary Gensler alluded that cryptocurrency operators tapping legal consultants could be doing so due to their supposedly unlawful securities offerings. дальше »

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XRPArmy Excited As Ripple CEO Set To Face Off Against SEC’s Gensler At DC Fintech Week

Excitement builds for the DC Fintech Week with Ripple chief executive officer Brad Garlinghouse and the U.S. Securities and Exchange Commission (SEC) chair listed as headlining speakers at the upcoming conference. дальше »

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Hong Kong reportedly considers allowing retail investors to trade spot crypto ETFs

Julia Leung, the Chief Executive Officer of Hong Kong’s Securities and Futures Commission (SFC), said the regulator was considering opening up spot crypto exchange-traded funds (ETFs) to retail investors, Bloomberg reported. дальше »

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Hong Kong to allow retail investors to participate in spot ETFs

Hong Kong’s securities regulator, the Securities and Futures Commission (SFC), may allow retail investors to buy spot crypto ETFs. Bloomberg, citing SFC CEO Julia Leung, writes that the regulator welcomes proposals using innovative technologies that improve efficiency and quality of… дальше »

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Crypto lawyer predicts Ripple legal triumph as token gains 6%

Crypto attorney John Deaton has offered insights into the ongoing Securities and Exchange Commission (SEC) vs. Ripple lawsuit, suggesting a favorable outcome for the latter. дальше »

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Michael Saylor’s Bold Forecast: Bitcoin Demand Set To Soar 10-Fold

Michael Saylor, the executive chairman and co-founder of MicroStrategy Inc, anticipates a substantial surge in Bitcoin’s value following the US Securities and Exchange Commission’s approval of a spot ETF, and a subsequent surge in demand for the leading cryptocurrency. дальше »

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Valkyrie CIO anticipates spot Bitcoin ETF approval as early as the end of November

Valkyrie Chief Investment Officer (CIO) Steven McClurg told ETF. com on Nov. 2 that regulators could approve a spot Bitcoin ETF by the end of the month. McClurg said that he expects the U. S. Securities and Exchange Commission (SEC) to send a second request for comments to various spot Bitcoin ETF applicants in the coming weeks. дальше »

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Valkyrie Exec Expects U.S. Spot Bitcoin ETF Approvals To Come As Soon As This Month

Valkyrie Investments’ chief investment officer (CIO) Steven McClurg believes the US Securities and Exchange Commission will finally approve exchange-traded funds that invest directly in Bitcoin this month. дальше »

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US SEC moves for summary judgment in case against Terraform Labs and Do Kwon

The U. S. Securities and Exchange Commission (SEC) wants the court to issue a summary judgment in its case against Terraform Labs and its co-founder, Do Kwon. In a court filing dated Nov. 2, the SEC contended that the defendants’ violations were abundantly clear and undisputed, obviating the necessity for a full trial. дальше »

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U.S. SEC pursues summary judgment in case against Do Kwon and Terraform Labs

The U.S. Securities and Exchange Commission (SEC) is demanding a summary judgment on all claims against Do Kwon and Terraform Labs following alleged breaches дальше »

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Valkyrie CIO Expects Spot Bitcoin ETF Approval By End Of Month

Steven McClurg, Chief Investment Officer (CIO) at Valkyrie Investments, has put forth a strong indication that a landmark approval from the US Securities and Exchange Commission (SEC) for a spot Bitcoin ETF could transpire by the month’s end. дальше »

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SEC seeks summary judgment in Do Kwon and Terraform Labs case

The “evidence” of violations provided by the SEC points to Kwon’s involvement in misleading crypto investors by creating and marketing Terra and its in-house Terra (LUNA) tokens as securities. дальше »

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Crypto Lawyer: No Way Ripple Will Abandon XRP—And It Is Easy To See Why

John Deaton, a crypto and pro-Ripple lawyer, thinks there is “no way Ripple,” the blockchain company whose two key executives were sued by the United States Securities and Exchange Commission (SEC), will abandon XRP, the native currency of the XRPL. дальше »

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PayPal’s $158M PYUSD Stablecoin Market Cap Shaken By SEC Subpoena

In a recent report by Reuters, online payment system company PayPal announced plans to bolster its market value by $4 billion, seeking to streamline operations to appease investors. However, investor optimism was tempered by disclosing a subpoena from the US Securities and Exchange Commission (SEC) related to PayPal’s stablecoin PYUSD. PayPal’s $4 Billion Value Boost […] дальше »

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SFC aims to offer clarity and investor protection in tokenized securities activities

Hong Kong's Securities and Futures Commission (SFC), the independent statutory body tasked with regulating the securities and futures markets, has released two circulars aimed at overseeing the tokenization of digital assets. дальше »

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U.S. SEC's Knock From Congressional Watchdog May Not Budge Crypto Accounting Policy

As the U. S. Securities and Exchange Commission (SEC) Chair keeps chasing non-compliance in crypto, his agency was slammed by the watchdog Government Accountability Office (GAO) for its own compliance failure in issuing crypto accounting standards without treating the policy as a formal rule. дальше »

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Citadel, Fidelity-backed EDX Markets delists Bitcoin Cash

Institutional crypto exchange EDX Markets removed Bitcoin Cash from its website after listing BCH at launch. EDX Markets, an institutional crypto exchange backed by Citadel Securities, Fidelity Digital Assets, Charles Schwab Corporation and others, has removed Bitcoin Cash (BCH) from… дальше »

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PayPal receives SEC subpoena regarding its $156M market cap PYUSD stablecoin – Reuters

PayPal has disclosed it received a subpoena from the Securities and Exchange Commission (SEC) tied to its U. S. dollar stablecoin, PYUSD, marking yet another milestone at the intersection of traditional finance and digital currencies, according to reports. дальше »

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Hong Kong issues rules for asset tokenization as interest mounts

Hong Kong’s securities regulator treats tokenized securities like traditional securities, subject to the same legal and regulatory norms. дальше »

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SEC issues subpoena to PayPal over its PYUSD stablecoin

A spokesperson for PayPal confirmed to Reuters that the company had received a subpoena tied to its U.S. dollar stablecoin. Payments giant PayPal received an investigative subpoena from the U.S. Securities and Exchange Commission (SEC) regarding its stablecoin tied to… дальше »

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SEC Issues Subpoena to PayPal Over PYUSD Stablecoin

PayPal has received a subpoena from the US Securities and Exchange Commission (SEC) regarding its dollar-tied stablecoin, PYUSD. The post SEC Issues Subpoena to PayPal Over PYUSD Stablecoin appeared first on BeInCrypto. дальше »

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Hong Kong Finance Secretary Says New Tokenization Rules in the Pipeline

Hong Kong's Financial Services and Treasury Bureau has announced new fintech and tokenization initiatives, including regulatory clarity on tokenized securities and an Integrated Fund Platform. Visa also highlighted tokenization's potential. дальше »

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SafeMoon Executives Face DOJ Arrests And SEC Charges – SFM Plummets More Than 50%

The US Securities and Exchange Commission (SEC) recently announced charges against SafeMoon, its creator Kyle Nagy, the company’s CEO, John Karony, and CTO, Thomas Smith.   The SEC alleges that these individuals orchestrated a “massive fraudulent scheme” involving the unregistered sale of SafeMoon (SFM), a “crypto asset security” as defined by the SEC. дальше »

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SafeMoon and executives charged by SEC, DOJ in alleged $200M fraud

The SEC and DOJ both filed charges against the controversial cryptocurrency project SafeMoon and related individuals on Nov. 1. The U. S. Securities and Exchange Commission (SEC) alleged that the company and its members carried out a fraudulent scheme by selling the SafeMoon (SFM) cryptocurrency. дальше »

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Safemoon price plummets 50% after executives arrested on fraud charges

The US government has charged executives of SafeMoon cryptocurrency over allegations of “conspiracy to commit securities fraud, conspiracy to commit wire fraud and money laundering. ” The arrest of the Safemoon executives came after the US Securities and Exchange Commission (SEC) unveiled charges against them on Wednesday morning. дальше »

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SEC charges SafeMoon and founders with crypto securities fraud 

SafeMoon and executive team members like Kyle Nagy were indicted in the Eastern District of New York in connection to an international multi-million dollar fraud scheme. дальше »

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SafeMoon Execs Arrested by DOJ in Fraud Investigation, Charged by SEC

The Securities and Exchange Commission (SEC) has charged SafeMoon and its executive team with perpetrating a fraudulent scheme through an unregistered securities sale. дальше »

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Pro-XRP Attorney Deaton Highlights New Evidence For Corruption At SEC

The US Securities and Exchange Commission (SEC) was dealt the next major blow in its battle against the US crypto industry yesterday. At the center of this whirlwind of allegations is an assessment by the US Government Accountability Office (US GAO) on Staff Accounting Bulletin No. дальше »

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Valkyrie Goes Back To The Drawing Board: Submits Amended Spot Bitcoin ETF Application To SEC

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SEC Charges SafeMoon and Executives with Fraud in Unregistered Crypto Securities Offering

SEC files charges against SafeMoon execs - alleges massive fraudulent scheme which wiped out billions in market capitalization and saw executives misappropriating over $200 million in investor funds for personal use. дальше »

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'Happy anniversary, Bitcoin,' says Gary Gensler - draws ire

Gary Gensler cautioned crypto firms “tricking investors” to comply with securities laws. The post led to sharp digs and a few speculations. On 31 October, the US Securities and Exchange The post 'Happy anniversary, Bitcoin,' says Gary Gensler - draws ire appeared first on AMBCrypto. дальше »

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SEC missed a step with its crypto safeguarding rule, U.S. government watchdog says

The U. S. Government Accountability Office posted a complaint about a cryptocurrency-related bulletin from the country’s main securities regulator on Oct. 31. The accountability office said that the U. дальше »

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U.S. SEC Messed Up in Handling Contentious Crypto Accounting Bulletin: GAO

The U.S. Securities and Exchange Commission (SEC) was out of bounds when it issued its controversial "Staff Accounting Bulletin 121," according to the Government Accountability Office (GAO). The 2022 guidance, which the industry says threatens crypto investors' ability to find safe harbors for their assets, should have been treated as a formal rule, the GAO concluded in a report issued on Tuesday. дальше »

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SEC’s Gary Gensler advises crypto industry in Bitcoin whitepaper anniversary post

Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), called for compliance from an industry he has frequently tagged as “rife with fraud”. дальше »

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Bitcoin ETFs could face rug-pull from Gensler, analysts say

Bloomberg’s ETF analysts haven’t ruled out the possibility that SEC Chair Gary Gensler may reject pending spot Bitcoin ETF applications at the eleventh hour. There’s a remote possibility that Gary Gensler, chair of the U. дальше »

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Terraform Labs asks for early dismissal of SEC lawsuit

Terraform Labs has asked a judge to dismiss charges from the U.S. Securities and Exchange Commission (SEC) of multibillion-dollar securities fraud. The document says that the SEC did not prove that Terraform Labs offered unregistered securities for trading. “After two years… дальше »

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SEC To Greenlight Spot Bitcoin ETF November 2? Lawyer Spots Clue

Scott Johnsson, a notable attorney from Davis Polk, has shed light on a potential clue regarding the approval of a spot Bitcoin ETF by the US Securities and Exchange Commission (SEC) on November 2. The speculation arises following the SEC’s decision not to contest the US Court of Appeals for the District of Columbia Circuit’s […] дальше »

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