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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Swiss bank SEBA received an in-principle license approval from the Hong Kong Securities and Futures Commission (SFC). The in-principle approval from the financial authority will allow the entity to operate in the crypto industry. The company
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According to the legal team of the FTX investors, trying to return their funds through court, a failed crypto exchange spent “nearly $400 million” to acquire Digital Assets DA AG (“DAAG”). Later the Swiss company became known as FTX Europe. Now the plaintiffs are eager to be refunded the money
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The CPI, a Brazilian regulator, has sought the presence of Guilherme Haddad Nazar, the general director of Binance brokerage in Brazil, as a witness. Deputy Alfredo Gaspar has presented a motion, and the rest of the
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Lisa Braganca says the Terraform Labs founder and his team knowingly reached out to U.S. investors, despite being based in Singapore. Original Source
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The Bank of England (BoE) has halted the operations of Silicon Valley Bank’s U.K. branch (SVB UK), stating that it has a “limited presence” in the United Kingdom (UK) and no “critical functions” supporting the financial system.BoE issued a statement on Mar. 10, declaring that SVB UK will “stop making
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After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England has closed the company’s U.K.-based arm. The central bank explained that it intends to place the subsidiary into bank insolvency procedures. Fallout From SVB Failure Prompts BOE to Close U.K. Branch The ripple effect of the 16th
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