Metaplanet Expands Bitcoin Holdings with $1.4 Million
Tokyo-listed investment firm Metaplanet Inc. has increased its Bitcoin holdings to 530.717 BTC, valued at approximately $32.4 million. Japanese investment company Metaplanet increased its overall revenue from Bitcoin to 530.72 BTC by acquiring 23.97 Bitcoin through an options transaction with Singapore-based digital asset trading company QCP Capital. Metaplanet disclosed in its notice dated October 3rd […]
Credbull Launches High-Yield Private Credit Offering
Credbulll, an on-chain private credit marketplace, and Plume have launched LiquidStone, a Plume Network-exclusive line of liquid high yield products. LiquidStone’s asset structure will be diversified across high yielding trade finance options, collateralized on-chain loans, and on-chain liquid assets, per Credbull’s press release. Credbull will start the expansion with an asset capacity of $100 million […]
Taiwan FSC Implements new AML Rules for Crypto Firms
Virtual asset service providers must comply with the new anti-money laundering legislation that Taiwan’s Financial Supervisory Commission has adopted or face penalties. According to a recent release, the FSC has reportedly published a draft of the “VASP Registration Regulations,” which will go into force on January 1, 2025. These actions come after the AML Act […]
SEC Enforcement Director Gurbir Grewal Resigns
Gurbir Grewal left the SEC after working there for three years and completing over a hundred enforcement cases pertaining to cryptocurrencies. The director of enforcement for the U.S. Securities and Exchange Commission, Gurbir Grewal, will leave the federal regulator on October 11th, according to a statement from the agency. Grewal oversaw more than 2,400 lawsuits […]
Christie’s to Offer Blockchain-Based Ownership Certificates
Christie’s and cryptocurrency wallet maker Kresus have teamed to introduce blockchain technology to art ownership. Kresus will provide digital Certificates of Ownership for more than 130 art pieces as part of Christie’s photography auction, “An Eye Towards the Real: Photographs from the Collection of Ambassador Trevor Traina,” a press statement. One of the top auction […]