NY prosecutor suggests office will scale back crypto cases
Scott Hartman reportedly said authorities in New York’s Southern District had filed “a lot of big cases” after a crypto market downturn but suggested it was petering out.
Scott Hartman reportedly said authorities in New York’s Southern District had filed “a lot of big cases” after a crypto market downturn but suggested it was petering out.
The crypto industry is “going to save hundreds of millions of dollars” with Donald Trump as president, Consensys CEO Joe Lubin forecasts.
Former CFTC Acting Chair Chris Giancarlo said he’s “already cleaned up earlier Gary Gensler mess,” shooting down speculation he’d replace the SEC Chair.
NYSE Arca has filed with the SEC to list the Bitwise 10 Crypto Index Fund, aiming to convert the $1.3 billion trust into a regulated ETP.
The real-world asset tokenization industry is projected by some to exceed $30 trillion by 2030, driven by nimble and mainstream financial institutions.
Hong Kong’s central bank said it may be illegal for unlicensed companies to represent themselves as banks in Hong Kong.
Crypto-asset service providers that carry out transfers must choose a screening system that allows them to comply with the EU's restrictive measures regimes.
Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with its business license renewal.
The United States has only approved ETFs for Bitcoin and Ether, versus some 30 digital asset types in Europe, according to the Financial Times.
The state Department of Environmental Conservation botched the permitting process, but it still gets a do-over.