Troubled Crypto Hedge Fund 3AC Reprimanded by Singapore’s Monetary Authority, Liquidators Eye Su Zhu’s Properties

På onsdag, it was reported that the crypto hedge fund Three Arrows Capital (3AC) was liquidated by a British Virgin Islands court and following the alleged liquidation, the Monetary Authority of Singapore (MAS) has reprimanded 3AC for misleading regulators. desuden, reports......

Financial Companies Report First Deal With Digital Assets Under Russian Law

Two companies have carried out Russias first transactions with digital financial assets as defined by the countrys current legislation. The deal involved the tokenization of debt issued by a third party and its subsequent acquisition. Russian Companies Conduct Issue and Placement......

Rap Star Snoop Dogg Believes Crypto Industry Will Bounce Back — Crash ‘Weeded’ Out Bad Apples

Denne uge, the rapper Snoop Dogg spoke about the crypto crash in an interview with CNBC on Tuesday and explained that he believes the cryptocurrency economy will bounce back. Snoop said that he feels like the crash “‘weededout all of......

Russia’s Financial Watchdog Investigates 400 Crypto-Related Cases, Director Tells Putin

Rosfinmonitoring is conducting hundreds of investigations into cases involving cryptocurrencies, the head of the agency announced. Hundreds of thousands of Russians take part in crypto deals abroad, the top regulator also reported to the Russian president. Russian Authorities Initiate 20 Criminal......

Bitcoin, Ethereum teknisk analyse: BTC Falls Below $20,000 as U.S. Consumer Confidence Plunges

Bitcoin fell below $20,000 during Wednesdays session, as markets reacted to yesterdays weaker-than-expected consumer confidence report. The expectation for economic growth also fell to a nine-year low. This resulted in ETH also dropping, with prices hitting a six-day low. Bitcoin The......

Rapport: Morocco’s Central Bank to Unveil Crypto Regulation Bill Soon

The Moroccan central bank is presently working on a cryptocurrency regulation framework bill and according to the banks governor, Abdellatif Jouahri, this is set to be introduced soon. The regulatory framework being worked on will result in Moroccos money laundering and......

Tencent Launches Extended Reality Unit to Tackle the Metaverse Market

Tencent, the Chinese technology and entertainment giant, announced the creation of its own metaverse-driven division. The division, named the extended reality unit, will be the one tasked with encompassing all metaverse-driven efforts, including hardware and software developments. According to reports, det......

SEC Chair Gensler Proposes ‘One Rule Book’ Crypto Regulation

The chairman of the U.S. Securities and Exchange Commission (SEK), Gary Gensler, has reportedly proposedone rule bookfor the regulation of crypto assets. “If this industry is going to take any path forward, it will build some better trust in......