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 […]
Pantera Capital to Grant Co-Investment Rights to $25m LPs
In 2025, Pantera Capital plans to open its fifth venture-style fund and provide co-investment opportunities to limited partners (LPs) who pledge a minimum of $25 million. The massive Californian cryptocurrency venture firm Pantera Capital plans to open its sixth venture-style fund in 2025, offering limited partners co-investment rights in significant blockchain transactions valued at $25 […]
Bitwise Files Form S-1 for Bitwise XRP ETF
Bitwise has officially filed with the Securities and Exchange Commission, marking another step toward creating an XRP ETF. According to the regulator’s official website, Bitwise, the manager of a crypto index fund, filed a Form S-1 document with the U.S. SEC on October 2 for an exchange-traded fund called XRP. In a news release confirming […]