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” US securities regulator probes Wall Street over crypto custody: Report “ The United States Securities and Exchange Commission (SEC) has been probing traditional Wall Street investment advisors that may be offering digital asset custody to its clients without the proper qualifications. A Jan. 26 Reuters report citing “three sources with knowledge of the inquiry”…
” Keep an eye out for major company NFT trademark filings this year “ Crypto proponents would be wise to keep their eyes on nonfungible token (NFT) and metaverse trademark applications this year, which are “reliable signals” of future-use plans. Speaking to Cointelegraph, intellectual property lawyer Michael Kondoudis said while many people may think big…
” ISDA releases standard definitions for digital asset derivatives “ The International Swaps and Derivatives Association (ISDA) is working on two papers to address fundamental legal risks in the crypto markets, such as the insolvency of crypto exchange firms, according to a statement released on Jan. 26. The initiative was motivated by the collapse of…
” Moonbirds creator Kevin Rose loses $1.1M+ in NFTs after 1 wrong move “ Kevin Rose, the co-founder of the nonfungible token (NFT) collection Moonbirds, has fallen victim to a phishing scam leading to more than $1.1 million worth of his personal NFTs stolen. The NFT creator and PROOF co-founder shared the news with his…
” White House science office calls for comments on its digital asset research agenda “ The administration of United States President Joe Biden is continuing to elaborate its National Digital Assets Research and Development Agenda. In a request for information (RFI) dated Jan. 26 and previewed by the Federal Register, the White House Office of Science…
” More details emerge on Twitter Coins — and crypto’s not included “ References to crypto or blockchain technology are nowhere to be found in newly leaked images concerning “Twitter Coins” — the platform’s secret in-development digital asset. Many in the community have been hoping that the secret “Twitter Coins” project would involve cryptocurrency in…
” Digital assets inflows reached $433M in 2022: Report “ Digital assets funds saw inflows totaling $433 million during 2022, the lowest level since 2018, when inflows in the crypto industry reached $233 million, according to the cryptocurrency investment firm Coinshares. Investors’ appetite for digital assets seems not to have been fully affected by the…
” Israeli securities regulator moves to establish crypto legal framework “ The Israeli Securities Authority (ISA) proposes a framework for regulating digital assets as an increasing number of Israeli investors are exposed to digital assets, and over 150 companies operate in Israel, according to the regulator. The regulator released a proposal in January 2023, outlining…
” US Feds put together ‘FTX task force’ to trace stolen user funds “ The United States Attorney’s Office for the Southern District of New York (SDNY) has formed an FTX Task Force to “trace and recover” missing customer funds, as well as handle investigations and prosecutions related to the exchange’s collapse. The announcement came…
” Bahamas regulator denies asking crypto exchange FTX to mint new tokens “ The Securities Commission of The Bahamas (SCB) has denied FTX debtors’ claims and expresses concern that the investigation has been ‘impeded.’ According to a statement released on Jan.3, The Securities Commission of The Bahamas (SCB) has had to correct material misstatements made…