The regulator’s examination will assess whether the collaboration constitutes an “acquisition of control,” implying the substantial influence of one party over another.
Decentral Block Post
The Financial Monitoring Agency has also launched nine investigations into “illegal exchange operations” and money laundering.
A federal judge said former Binance CEO Changpeng Zhao is a flight risk if he returns to the UAE and must remain in the U.S. while awaiting sentencing.
Hong Kong game firm to add $100M of BTC and ETH to treasury, UAE and China strike CBDC deal, Victory Securities starts new HK Bitcoin fund.
In November, the commission separately met with representatives of BlackRock and Grayscale to discuss their spot crypto exchange-traded funds.
The Terraform Labs co-founder had been awaiting extradition to either the U.S. or South Korea after being arrested and charged in Montenegro.
Games overrun with bots just show bot owners care, claims Pixels founder. Plus we review Galaxy Fight Club, chat to Illuvium’s CEO and more.
Concerns over the potential misuse of AI have prompted the U.S., U.K., China and the G7 to speed up regulation of the technology, but Europe is already ahead.
The Financial Conduct Authority warns that the crypto exchange is operating without proper authorization.
U.S. presidential candidate Vivek Ramaswamy slammed Gary Gensler and the SEC at the Republican Party presidential debate.
The pro-crypto bill is one of many before Congress that aims to promote the country’s deployment and use of blockchain technology.
Lawyers for Terraform Labs co-founder Do Kwon have mounted a final attempt to appeal his extradition from Montenegro.
From Thailand to the Eastern Caribbean, the CBDC experience has been one of government waste. So why do financial authorities keep pushing them?
This court “hereby accepts the guilty plea of the defendant to the charge [...] and the defendant is adjudged guilty of such offense,” wrote Judge Richard Jones.
The Hong Kong-based crypto exchange had no KYC and was a major support for the darknet marketplace Hydra.
Jamie Dimon has previously referred to cryptocurrencies as “decentralized Ponzi schemes” and Bitcoin as a “fraud.”
According to the securities regulator, misleading information online could encourage individuals to invest in the HKD token issued by HongKongDAO.
If the Digital Asset Anti-Money Laundering Act were to become law, many cryptocurrency providers would have to learn how to comply with the same regulations as traditional financial institutions.
In a joint statement, IBM and Meta outlined the AI Alliance’s objectives, emphasizing a commitment to safety, collaboration, diversity, economic opportunity and universal benefits.
The euro-pegged stablecoin will be the first of its kind in the region and will be available to the bank’s customer base for trading use.