Hong Kong Will Allow Some Tokenized Securities-Related Activities
The move appears to be another step in Hong Kong’s recently accelerated ambitions to become a virtual asset hub.
First Mover Americas: SEC Subpoenas PayPal About USD Stablecoin
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
UK Regulator Publishes Guidance for Crypto Marketing Regime
The Financial Conduct Authority’s new ad regime took effect in October.
UK’s National Crime-Fighting Agency Seeks Six Crypto Investigators
A crime bill passed last week gives law enforcement agencies more powers to seize and freeze crypto.
‘Santa Rally’ Could Propel Bitcoin to $56K by Year-End, Matrixport Says
“Bitcoin continues to offer upside potential, and a +65% year-end rally would lift prices back to $56,000,” Thielen added.
PayPal Faces SEC Subpoena Over Its PYUSD Stablecoin
Global payments giant PayPal (PYPL) received a subpoena from the U.S. SEC requesting documentation about its USD stablecoin on Wednesday.
The Case Against Sam Bankman-Fried
Is Sam Bankman-Fried going to prison? Five weeks into his criminal trial, 12 randomly selected New Yorkers are preparing to discuss among themselves whether they believe he violated federal law or not.
Swiss National Bank to Work With SIX Digital Exchange, 6 Banks on Wholesale CBDC Pilot
The Helvetia Phase III pilot will create a tokenized version of the franc as a settlement instrument between financial institutions for digital assets on the exchange.
Genesis’ New Liquidation Plan Is a Material Swerve, U.S. Government Says
The bankrupt crypto lender appears to be no longer seeking to reorganize, after a lawsuit from the New York Attorney General dimmed hopes of a deal.
St.Galler Kantonalbank Works With SEBA Bank to Offer Swiss Customers Bitcoin, Ethereum
The first tier of customers will be wealth management clients , but retail customers are next in line, and other coins and staking services are also planned, said SEBA Bank’s Christian Bieri.