Crypto company will be put ‘out of business for good,’ agency tells court in proposed resolution
Also in today’s newsletter, some top banks are still expanding in fossil fuel finance, says a new report
Investors should not be so quick to dismiss the regulatory risks
Plus, Robinhood receives a Wells notice and better news for FTX customers
Funds that were willing to buy claims for cents on the dollar and wait for the bankruptcy process to play out have earned
Hong Kong’s first spot crypto ETFs launched at the end of last month
Reorganisation plan for Sam Bankman-Fried’s failed crypto exchange will pay 118 cents on the dollar
Government agency has a mandate to regulate securities, not technology
Retail brokerage says ‘Wells notice’ comes after years of attempts to seek regulatory clarity
Plus, CZ gets four months and outflows from bitcoin ETFs
Founder of cryptocurrency exchange had pleaded guilty to failing to establish proper money laundering controls
Rollout of spot bitcoin and ether exchange traded funds follows launch of similar products in US
Several funds have received valuable tokens that they did not buy and cannot sell
Plus, stablecoins return and SEC seeks $5bn from Terraform Labs
Yadi Zhang made initial appearance at Westminster Magistrates Court on Wednesday
Collapsed crypto firm and co-founder were found liable for fraud
Plus, updates on crypto venture capital
Lack of clarity in the industry is causing confusion among entrepreneurs
Trading revenue for secretive New York firm rivals sums generated by Wall Street banks
Digital assets market prepares for 50% drop in reward for verifying bitcoin transactions
As mining rewards fall, transaction fees must rise
World’s biggest money manager reports jump in first-quarter net income but net inflows miss forecasts
Plus, SEC puts Uniswap on notice of a possible lawsuit
Despite government pledges to make Britain a leader in digital assets, retail investors remain without regulated options
Licensed trading facility looks overseas as 24 companies vie for regulatory approval
One tiny, lightly regulated African nation plays an oversized role in global token trade
UK Edition
