# BitGo receives trust license from New York regulators

# BitGo receives trust license from New York regulators

“# BitGo receives trust license from New York regulators ” Major American digital asset custody and security company BitGo has acquired a New York Trust license from the New York State Department of Financial Services. According to an announcement, the new charter enables BitGo to provide custodial services for institutional clients in New York seeking…

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# Vietnam’s finance ministry warns about crypto trading risks

# Vietnam’s finance ministry warns about crypto trading risks

“# Vietnam’s finance ministry warns about crypto trading risks ” Vietnamese financial authorities have warned the public about the risks of cryptocurrency investment as the industry is not regulated in Vietnam, local news agency Thanh Niên reports Wednesday. The Ministry of Finance of Vietnam stated, “Vietnam has not adopted any legislation related to the issuance,…

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# Ripple’s executive chairman moves to dismiss SEC lawsuit

# Ripple’s executive chairman moves to dismiss SEC lawsuit

“# Ripple’s executive chairman moves to dismiss SEC lawsuit ” Chris Larsen — Ripple’s executive chairman — has joined company CEO Brad Garlinghouse in moving to dismiss the securities violation case filed by the U.S. Securities and Exchange Commission. In a court letter filed on Wednesday, Larsen’s attorneys provided four arguments detailing the reasons why…

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# Huobi secures crypto asset management license in Hong Kong

# Huobi secures crypto asset management license in Hong Kong

“# Huobi secures crypto asset management license in Hong Kong ” Huobi, one of the largest cryptocurrency exchange platforms in China, appears to be pursuing further expansion of its business following the recent regulatory clearance in Hong Kong. According to an official announcement by Huobi Technology Holdings Ltd., the company’s asset management subsidiary has secured…

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# BitMEX’s Arthur Hayes and Ben Delo negotiate surrender to U.S. authorities

# BitMEX’s Arthur Hayes and Ben Delo negotiate surrender to U.S. authorities

“# BitMEX’s Arthur Hayes and Ben Delo negotiate surrender to U.S. authorities ” The former CEO of crypto derivatives exchange BitMEX, Arthur Hayes, is in negotiations to surrender to U.S. authorities next month concerning charges that authorities levied against four of the exchange’s executives and co-owners in October. Transcripts of a court teleconference dated Feb….

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# Kentucky to provide tax breaks for local crypto miners

# Kentucky to provide tax breaks for local crypto miners

“# Kentucky to provide tax breaks for local crypto miners ” Lawmakers in Kentucky are looking to impose tax breaks for local cryptocurrency miners. Kentucky lawmakers on Tuesday approved several state tax breaks including House Bill 230, which would remove the sales tax from electricity purchased by local crypto mining operators. According to a report…

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