Investor protection
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The Federal Deposit Insurance Corporation (FDIC) issued a Consent Order to cryptocurrency-friendly Cross River Bank
According to reports, the Federal Deposit Insurance Corporation (FDIC) of the United States has issued a Consent Order to Cross River Bank, which is cryptocurrency friendly, regard
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EU Rules for Stable Currencies: Ensuring Diversified Reserves and Managing Conflicts of Interest
According to reports, Jos é Manuel Campa, Chairman of the European Banking Authority (EBA), stated that the upcoming EU rules for managing stable currencies will focus on ensuring
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Stand With Crypto NFT: A Symbol Of Unity In The Cryptocurrency Ecosystem
On April 25th, Coinbase released the Stand With Crypto commemorative NFT through the Zora platform, which aims to protect and promote the potential collective stance of the cryptoc
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The Future of the Encryption Market: More Lawsuits and Regulatory Shock
On April 24th, John Reed Stark, former director of the Internet Enforcement Office of the US SEC, believed that the encryption market will continue to see more lawsuits in the futu
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Seoul Court Ruling: Luna Coin Is Not a Security
On April 24th, the Seoul South District Court rejected the prosecution\’s appeal against the confiscation and preservation request of Terraform Labs co founder Daniel Shin, ruling t
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Cryptocurrency Market (MiCA) Legislation Praised by Ripple CEO Susan Friedman
According to reports, with the passage of Cryptocurrency Market (MiCA) legislation by the European Parliament, Ripple CEO Susan Friedman recently praised the EU\’s progressive appro
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The US House of Representatives and Senate have begun to jointly formulate new market structure rules around digital assets
On April 21st, it was announced that the US House of Representatives and Senate have jointly formulated a bill to establish new market structure rules around digital assets. This b
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Critics: The European Cryptocurrency Act MiCA was already outdated before it came into effect
According to reports, on Thursday, European lawmakers approved the \”Crypto Asset Market Regulation\” law (MiCA), which will become the first rule provided by the EU to regulate the
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Why Mike Novogratz Doesn’t Want Bitcoin To Reach $1 Million
According to reports, Galaxy Digital founder Mike Novogratz stated in a recent interview that he does not want Bitcoin prices to reach $1 million. Specifically, he criticized a rec
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According to reports, Ondo Finance, a decentralized platform created by two former partners of Goldman Sachs Group, is launching a new product that will use money market funds to i
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Promoting the Development of Web3: A Necessary Step for Hong Kong’s Financial System
According to reports, the Financial Secretary of Hong Kong, Chen Maobo, stated that promoting the development of the third generation internet (Web3) is necessary as long as it doe
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Unleashing the Potential of Web3 and Virtual Assets: Recent Updates from Hong Kong Securities and Futures Commission
According to reports, at the 2023 Hong Kong Web3 Carnival, Keith Choy, interim head of the Intermediary Department of the Hong Kong Securities and Futures Commission, stated in his
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The Importance of Web3 Measures in Hong Kong: A Keynote Speech Analysis
On April 12th, at the 2023 Hong Kong Web3 Carnival, Hong Kong Special Administrative Region Legislative Council member Qiu Dagen stated in his keynote speech that Hong Kong\’s measu
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Hong Kong Web3.0 Association: Accelerating Innovation and Finance Development
On April 11th, Hong Kong Chief Executive Li Jiachao delivered a speech at the establishment ceremony of the Hong Kong Web3.0 Association, expressing the hope that the association w
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Cryptocurrency and Securities Law: Finding Compatibility for Investor Protection
According to reports, Gary Gensler, Chairman of the US Securities and Exchange Commission, stated on social media that there is no incompatibility between the cryptocurrency market
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According to reports, Binance provided support for the US Department of Justice to confiscate virtual currencies related to crypto investment fraud. According to Binance\’s report c
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The FTX Exchange and FTX Future Fund Go Bankrupt: What Happened and What’s Next?
On April 6th, it was reported that in November 2022, the FTX Exchange and its subsidiaries went bankrupt, which also led to the closure of its charity FTX Future Fund. This charity
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Cryptocurrency Platforms as Part of the Web3.0 Ecosystem: Impact on Investor Protection
According to reports, Liang Fengyi, CEO of the Hong Kong Securities Regulatory Commission, stated during the Q&A session after the \”ESG Investment: How to Achieve Stability and Lon
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Withdraw Cryptocurrency Funds from Signature Bank: FDIC Request
According to reports, the Federal Deposit Insurance Corporation (FDIC) of the United States has requested cryptocurrency customers of Signature Bank to withdraw funds before next w
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US Senator: The failure of Signature Bank is due to the acceptance of encrypted customers without adequate safeguards
According to reports, US Senator Elizabeth Warren attributed the failure of Signature Bank to its acceptance of cryptocurrency customers without adequate safeguards. Warren emphasized that “Congress and the public must learn from the failure of Signature Bank.”. Interpretation of this information: The news today highlights a statement made by US Senator Elizabeth Warren, who cited the failure of Signature Bank due to its weak policies on cryptocurrency customer safeguards. Warren’s comments ring loud and clear, highlighting the need for heightened security measures when dealing with digital currencies. Signature Bank has…