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US lawmakers reiterate concerns about ‘sham’ crypto firm audits to PCAOB

boss Exchanges, News

United States Senators Elizabeth Warren and Ron Wyden have cited the recent collapse of three major banks to call on the Public Company Accounting Oversight Board to “rein in” audits of crypto firms.In a March 21 letter to Public Company Accounting Oversight Board chair Erica Williams, Warren and Wyden reiterated

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US-Listed Chinese Tech Companies No Longer See Hong Kong Listing as Vital Hedge Strategy Following PCAOB Development

boss Analysis

As US listing prospects improve, several US-listed Chinese tech players have halted their Hong Kong listing plans. A number of US-listed Chinese companies have reportedly suspended plans for a potential Hong Kong listing. According to The Information, these Chinese tech companies include agricultural tech giant Pinduoduo Inc (NASDAQ: PDD) and Full Truck Alliance Co

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