Samsung Launches Bitcoin Futures ETF
Samsung Asset Management plans listing the “Samsung Bitcoin Futures Active ETF” in Hong Kong amid the crypto market recovery. On January 13, Samsung Asset Management Hong Kong (SAMHK), a division of Samsung Asset Management, the company’s investment arm, plans to float the “Samsung Bitcoin Futures Active ETF” on the Hong Kong stock exchange. The action […]
Nexo Office In Bulgaria Reportedly Raided By Police
Nexo’s office in Sofia was raided by Bulgarian police on Thursday as part of an investigation into suspected money laundering and tax crimes. Nexo, a troubled cryptocurrency lender, is under further pressure from authorities as a result of reports that its offices have been searched as part of a global probe. On January 12, the […]
Illegal crypto activity hit all-time high of $20 billion in 2022
llegal crypto activity hit an all-time high of $20.1 billion in 2022, as criminals intensified their efforts to scam unwitting investors. Setting aside the criminal probes into failing crypto companies like FTX, Celsius, Three Arrows Capital, Terraform Labs, and others, 2022 established the record for illegal on-chain transactions. The entire cryptocurrency value received by unauthorized […]
FTX creditor names can remain sealed for now, Judge rules
A Delaware bankruptcy judge on Wednesday allowed a list of creditors for FTX to remain sealed for at least another three months. Following the most recent decision in the FTX bankruptcy proceedings, the identities of up to nine million FTX customers are expected to be kept a secret for at least another three months. Judge […]
SFC aims to restrict retail traders to liquid products
Securities and Futures Commission (SFC), announced plans to propose a subset of tokens it would allow for retail investors’ trading. According to Julia Leung Fung-yee, the new CEO of Hong Kong’s Securities and Futures Commission (SFC), the new licensing program, which is set to launch in June, will limit retail traders in Hong Kong to […]