Tuesday, November 19, 2024
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Hawaii to Let More Crypto Companies Join Regulatory Sandbox

Hawaii is letting more companies play in its no-license-necessary digital currency sandbox.The state reopened applications for Digital Currency Innovation Lab (DCIL) hopefuls on Monday, raising the possibility that yet more crypto exchanges and service providers could soon do business in the historically restrictive-to-crypto islands. State law requires crypto companies maintain

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SEC Calls Out Suspicious Crypto Companies Targeting Global Traders

The U.S. government’s top investments watchdog flagged a series of unregistered cryptocurrency companies for apparently duping mostly international investors with false corporate information.Of the 28 suspect investment firms the U.S. Securities and Exchange Commission (SEC) called out Thursday, CryptoX found eight that appear to target would-be cryptocurrency investors. Some purport

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Bitcoin (BTC) Held By Private & Publicly Traded Companies Hits $10.2B

Summary:785,999 Bitcoin is held by private and publicly traded companiesThis translates to roughly $10.2 Billion using Bitcoin’s current value at $13kOf this amount, 610,302 Bitcoin is held by publicly traded companies and 175,697 BTC by private companiesBitcoinTreasuries.org is a website dedicated to tracking the amount of Bitcoin owned by notable

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What It Means if Companies Like Twitter Are ‘Systemically Important’ to Financial Regulators

When I first suggested Systemically Important Social Media Institutions (SISMIs) were the social media parallel to Systemically Important Financial Institutions (SIFIs), I did not expect the theory to be picked up by financial regulators.As it turns out, the New York Department of Financial Services (NYDFS) essentially agrees with the argument,

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