Singapore Grants Payment Institution License to Sygnum Bank Subsidiary
Sygnum Singapore received a license to offer crypto brokerage services to accredited investors and institutions in Singapore.
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Portugal’s Central Bank Chief Calls for Global Crypto Regulation
The Governor of Banco de Portugal joins a chorus of regulators who argue that national efforts to regulate crypto would be ineffective without a worldwide framework.
Celsius propose revival plan, to repay $2.03 bln crypto to creditors
Key Takeaways Celsius Network, a beleaguered crypto lending platform, is making strides in its effort to repay customers and restructure its operations following its Chapter 11 bankruptcy filing in July 2022. During a pivotal bankruptcy hearing on October 2nd, the…
VanEck Set to Introduce Ethereum Futures ETF
Key takeaways : VanEck has launched the VanEck Ethereum Strategy ETF, making it one of the early U.S. investment firms to offer a futures-based exchange-traded fund (ETF) linked to Ethereum (ETH), the world’s second-largest cryptocurrency. This ETF, designed to accumulate…
Grayscale Files SEC Request to Transform Ethereum Trust into Spot ETF
Key takeaways : Grayscale Investments, a leading crypto asset management firm managing nearly $5 billion in assets, has filed with the U.S. Securities and Exchange Commission (SEC) through NYSE Arca to convert its Grayscale Ethereum Trust (ETHE) into a spot…
Judge Bars SBF from Blaming FTX Lawyers in Opening Statements
Key Takeaways In a significant ruling, Judge Lewis Kaplan, overseeing the case of Sam Bankman-Fried, has barred the founder of FTX from blaming the exchange’s lawyers for its collapse or operations during his opening statements. Nonetheless, Bankman-Fried’s legal team still…
Coinbase secures Major Payment Institution License in Singapore
MPI license grants the exchange the authority to conduct payment services without the prior constraints of transaction limits,
Do Kwon Admits to Faking Trading Volume, SEC Documents Reveal
Key Takeaways In a startling revelation, Do Kwon, the founder of Terraform Labs, has admitted to fabricating trading volume in a text message exchange with Daniel Chin, the founder of payments app Chai, as revealed in court documents filed by…
SEC Sues FTX’s Auditor Over Auditor Independence Violations
SEC state that there were allegedly “hundreds” of auditor independence violations throughout the three-year period.
CoinCodeCap WeekInFocus: October 1, 2023
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable.
