BitradeX, an artificial intelligence-powered digital asset trading tool, announced the completion of a 12 million pound A round of financing, led by Bain Capital, with the new funds to be used to expand its global business, strengthen its compliance framework and develop new artificial intelligence trading tools. It will establish artificial intelligence strategy labs in major financial centers such as London, Hong Kong and Singapore, and support the development of artificial intelligence engine...
On April 17, the Department of Justice (DOJ) said in a memo that it will revisit a practice: that is, in cases involving fraud and theft, when digital assets are confiscated, how to compensate investors at a price lower than the current market value. The memo mentioned that the Department of Justice has paid attention to some well-known bankruptcy cases in 2022, including FTX, Voyager Digital, Cels...
According to Bitcoin News, Google will implement new restrictions on digital asset advertising in the European Union from April 23rd. According to the new regulations, companies wishing to place ads on exchanges or wallets must obtain a Crypto Asset Service Provider (CASP) license issued by national regulators, and need to comply with all local regulatory requirements and obtain Google certification.
Consumer electronics star stock accuser was sentenced to seven years in prison for manipulating the securities market and insider trading, tariff concept hot stocks warned of irrational speculation, and tens of billions of energy stocks terminated major asset restructuring matters... What are the noteworthy announcements after hours today?
According to Cointelegraph, BlackRock, the world's largest asset manager, reported a 3% annualized increase in total net inflows to Quarter 1 in 2025 of $84 billion. According to its April 11 earnings report, the strong performance was mainly due to the record performance of the iShares ETF and continued strong net inflows to the private market. BlackRock said that of the $107 billion net inflows to the iShares ETF, $3 billion (2.8%) flowed into digital asset products in Quarter 1. As of 20...
A16z has submitted a response to the Securities Exchange Commission (SEC) Crypto Working Group regarding custody of crypto assets. In a letter to Securities Exchange Commission Commissioner Hester M. Peirce, a16z emphasized the importance of establishing a clear and practical regulatory framework for the custody of crypto assets by registered investment advisors (RIAs). They advocate for new guidance from the SEC to facilitate custody arrangements for crypto assets, and suggest that such guidanc...
The Hong Kong Democratic Alliance for Betterment of Hong Kong announced the establishment of the Digital Asset Alliance, which includes seven institutions including Hashkey Group Exchange, China Merchants Financial Holdings, the School of Economics and Management of the University of Hong Kong, the Yunchuang School of Hang Seng University, the Digital Asset Institute, and the Web 3.0 Association. Chen Zhongni, a member of the Hong Kong Legislative Council, said that the Digital Asset Alliance wi...
Caroline D. Pham, acting chair of the U.S. Commodity Futures Trading Commission (CFTC), expressed support for the DOJ's announcement to end its policy of regulating the crypto-asset industry by way of prosecution, and directed the CFTC not to sue for violations of the Commodity Exchange Act's registration provisions in digital asset-related cases where the defendant lacks subjective intent. In addition, she has realigned law enforcement functions to drive rapid resolution of compliance backlogs ...
Faryar Shirzad, chief policy officer at Coinbase, wrote that Travis Hill, acting chairperson of the Federal Deposit Insurance Corporation (FDIC), deserves credit for his comments on cryptocurrencies and blockchain. He made it clear that the FDIC and the Office of the Comptroller of the Currency (OCC) recently revoked previous approval letters - a move that effectively prevented banks from engaging in cryptocurrency activities...
White House digital asset policy advisor Bo Hines said in a statement that the era of digital asset and fintech innovation in the United States has arrived and is just beginning.
White House economic adviser Hassett: We prioritize Japan and South Korea in tariff negotiations.
White House economic adviser Hassett: The Federal Reserve will determine its policy orientation on interest rates.
According to crypto journalist Eleanor Terrett, Anchorage has been appointed custodian of BlackRock's cryptocurrency ETFs and other funds that invest in digital assets. Through Anchorage, BlackRock now has access to digital asset custodian services, pledge services, settlement services, and on-chain governance solutions.
According to Fox News: White House economic adviser Hassett said it is preparing to present a plan for tariff negotiations to US President Trump, including participants and timing. Hassett: We prioritize Japan and South Korea in tariff negotiations. Trump wants fair and reciprocal trade, and he will take that into account when deciding whether to accept offers from countries.
According to a new survey by Singapore-based crypto payments firm Triple-A, the number of people owning cryptocurrencies in Singapore is growing, with younger users leading the way in using cryptocurrencies for everyday financial needs such as online shopping and paying bills. The number of Singaporean residents owning cryptocurrencies is increasing, and by 2024, the proportion of those owning digital assets will reach 26%, a high...