Hong Kong Securities Supervision Commission Chief Executive Officer Liang Fengyi said at the Consensus Forum that virtual assets can now enter the second stage, in this pro-growth strategy, first, Hong Kong will complete the legislation of virtual asset activities, second, will expand products and services, third will optimize the operation process, including hot wallet, cold wallet regulations, and adjust custody requirements and insurance requirements, will be reviewed in terms of compliance a...
A research firm says tariff concerns are overblown and investors should play down the recent surge in gold, silver, copper and platinum prices. Click to view...
According to reports, Liang Fengyi, chief executive of the Hong Kong Securities Supervision Commission, said at the Consensus Forum that the virtual asset roadmap will be released this afternoon, and forward-looking strategies will be formulated by studying the future development direction. Among them, expanding the products and services of licensed virtual asset trading platforms, is considering allowing pledges, providing derivatives for professional investors, and is also considering providin...
According to Cointelegraph, Coinbase shareholder Wenduo Guo filed a lawsuit in New Jersey federal court on February 18, accusing the cryptocurrency exchange and its executives of violating securities laws by allegedly withholding information related to bankruptcy risks from investors. The lawsuit alleges that Coinbase and its management did not disclose the risk that user assets could be treated as bankruptcy property, which would make retail users unsecured creditors. The indictment also states...
Sol Strategies, a company listed on the Canadian Stock Exchange, added 12,456 SOLs, bringing its total holdings to 226,798 SOLs, worth 64.20 million Canadian dollars.
Nasdaq-listed company Semler Scientific, which adopts bitcoin reserve strategy, announced its financial performance report for 2024, in which it disclosed that it held 2,298 BTC as of December 31, 2024, and the BTC yield was 107%; then it added 894 BTC at the end of last year to February 14 this year. As of now, the total holdings of bitcoin have reached 3,192 BTC, and the total purchase amount is 280.40 million US dollars.
According to its latest disclosure filing with the Securities Exchange Commission, BNY Mellon held more than $13 million in Bitcoin ETFs at the end of the fourth quarter, including 115,108 WisdomTree Bitcoin Fund (BTCW) shares worth approximately $11.87 million and 25,309 BlackRock iShares Bitcoin Trust (IBIT) shares worth approximately $1.4 million.
On February 19, the Hong Kong Securities Supervision Commission approved another virtual asset trading platform license, the latest being the virtual asset trading platform Bullish, which increased the number of licensed virtual asset trading platforms in Hong Kong to 10. Liu Dehao, senior vice president and head of global sales at Bullish, said in an interview with this newspaper earlier that Hong Kong is an important business point, and there are currently more than 100 employees in Hong Kong,...
The Securities Exchange Commission is seeking public comment on whether the agency should approve options trading on three spot Ethereum ETFs. The Securities Exchange Commission (SEC) sought comments on whether to allow the Cboe Exchange, Inc. to list and trade options on the Grey Release Ethereum Trust ETF, the Grey Release Ethereum Mini Trust ETF, and the Bitwise Ethereum ETF, according to a regulatory filing released Tuesday. Comments should be submitted within 21 days of publication in the F...
Mira Murati, the former chief technology officer of OpenAI, established the new company.
On February 19, Pump Science's latest compound project EGS officially announced that it has completed a 91.83% pre-sale refund to pre-sale investors and launched on the Pump Science platform. It is reported that EGS is the first compound token launched on the Pump Science startup platform after Pump Science launched RIF and URO.
According to Cointelegraph, the Securities Exchange Commission (SEC) has confirmed receipt of an application for the Bitwise Spot XRP ETF.
Crypto custodian company BitGo Inc. has launched a global digital asset over the counter (OTC) business at the same time as it plans to go public. The expansion comes amid growing demand for cryptocurrencies from institutional investors, such as hedge funds. As one of the largest digital asset custodians in the United States, BitGo primarily helps investors store their digital assets. According to people familiar with the matter earlier this month, the company is considering a...
Fidelity Investments, the world's third-largest asset manager, saw its funds increase in assets by $1 trillion over the past year as revenue jumped to a record high. Boston-based Fidelity said in its annual report on Tuesday that assets under management in its own investment funds and managed accounts rose to $5.90 trillion in 2024 from $4.90 trillion the year before. Revenue rose 16 per cent to a record $32.70 billion and operating expenses rose 14 per cent.
Raj Dhamodharan, head of Mastercard's crypto and blockchain business, said the company has moved from the experimental stage to providing actual crypto solutions. Mastercard recently partnered with compliance firm Notabene to integrate its Crypto Credential system into the SafeTransact platform, enabling users to transfer crypto assets via email addresses instead of complex wallet addresses. Dhamodharan pointed out that Mastercard will focus on three areas in 2025...