Search Results for "crypto assets"
Bittrex Files Motion to Dismiss SEC Charges
A motion to dismiss the case has been filed on behalf of Bittrex and its co-founder, William Hiroaki Shihara. The motion, filed on July 2, 2023, argues that the SEC lacks the authority to regulate crypto assets as securities and that the Commission has failed to provide adequate notice of the alleged securities law violations.
Even Mark Cuban Isn't Immune: CZ's Essential Guide to Fortifying Your Crypto Assets
Changpeng Zhao, CEO of Binance, emphasized the vulnerability of even experienced crypto users, citing a recent hacking incident. He highlighted the importance of security awareness and practices in the crypto space, pointing to an article he wrote three years ago. CZ highlighted the need for understanding basic security concepts, deciding between storage methods, and using strong passwords and two-factor authentication.
EBA Opens Consultation on Liquidity Stress Test Guidelines for Crypto Assets
The EBA is requesting input on draft guidelines for liquidity stress tests for crypto assets, aiming to improve market resilience and comply with data protection regulations until February 8, 2024.
WisdomTree Third-Quarter Crypto Assets’ AUM Drop 36% As Market Losses Continue
WisdomTree has seen its crypto assets under management fall by 36% in what the company said has been triggered by the ongoing market turbulence.
Spanish Tax Agency Cracks Down on Crypto Holders
The Spanish Tax Administration Agency (AEAT) is increasing its efforts to collect taxes on crypto assets, with plans to send out 328,000 warning notices to those who should pay their taxes for the 2022 fiscal year. The AEAT has only recently begun to take the matter seriously, with a 40% increase in the number of notices sent from the previous year.
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is set to launch Pantera Fund V, a comprehensive fund aiming to raise over $1 billion, offering exposure to various blockchain-based assets.
All Crypto Assets Correlation Meets Greater Than 60% with Bitcoin
The correlation between Bitcoin and other cryptoassets like Ethereum (ETH) and Litecoin (LTC) is above 60%, as acknowledged by Messari Crypto researcher Mira Christianto.
FASB Finalizes New Accounting Standards for Crypto Assets
FASB's new ASU No. 2023-08 mandates fair value measurement for certain crypto assets, enhancing transparency and relevance in financial reporting, effective post-December 2024.
Goldman Sachs Continues Expanding Digital Assets Team, Now Looking For New VP
Goldman Sachs is looking for a new Vice President for its Digital Assets team to helps define and execute the investment firm’s global blockchain strategy.
US Treasury Department Warns Regulators of Potential Risks of Digital Assets
The Financial Stability Oversight Council (FSOC) of the US Treasury Department has released its annual report with a crucial warning of digital assets disruption.
Mastercard VP On Blockchain, Digital Assets and CBDC: “Everything Ends in Transactions and Payments”
Ashok Venkateswaran, Mastercard’s Blockchain and Digital Assets Lead, Asia Pacific shares insights on the payment giant's new blockchain and digital initiatives.
Bitmain-Backed Digital Assets Company Matrixport Extends Its Crypto Services into Europe
Matrixport, a Singapore headquartered and Bitmain-backed crypto company that offers trading, lending, and custody services, extends its services into Europe through the establishment of its new Zurich office.