Latest News for: Offshore crypto

Edit

Hong Kong “Conditionally” Approves Bitcoin and Ether ETFs

Finance Magnates 16 Apr 2024
However, the approvals of at least three offshore Chinese asset managers remain conditional. ‘Conditional’ Approval Crypto ETFs ... The Rising Demand for Crypto ... However, those markets are small, and the demand for these crypto instruments remains low.
Edit

Court Hands Down Three-Year Sentence to Engineer in Nirvana Hacking Case

Cryptopolitan 13 Apr 2024
His strategies included token-swap transactions, converting the hacked earnings from the Solana blockchain to the Ethereum blockchain, converting the stolen profit into Monero, using offshore crypto ...
Edit

US Spot Bitcoin ETFs Attract Wealthy Indians Despite Central Bank Warning

CoinGape 10 Apr 2024
Despite several warnings from India’s central bank over crypto investing, wealthy investors in India are seeking exposure to spot Bitcoin ETFs via remittance quota ... India’s Hefty Taxes Hurting Local Crypto Businesses.
Edit

U.S. claims Russia is using Tether to evade sanctions – Uh…

Cryptopolitan 10 Apr 2024
And not just any crypto – I’m talking Tether, the stablecoin that’s as steady as a rock ... The game plan includes new sanctions, modernizing outdated regs, and tackling the tricky issue of offshore crypto platforms.
Edit

Committee on Banking, Housing, and Urban Affairs hears claims of stablecoin abuse

CryptoNewsZ 10 Apr 2024
The second proposal pitched an expansion so that authorities can cover the gap between the current system and entities that are involved in virtual asset service providers plus crypto exchanges.
Edit

Hong Kong set to approve its first spot bitcoin ETFs in April: Report

Live Mint 10 Apr 2024
... China, offshore Chinese financial institutions have been keen to participate in crypto asset development in Hong Kong.Hong Kong approved its first ETFs for cryptocurrency futures in late 2022.
Edit

Hong Kong set to approve its first spot bitcoin EFTs in April, sources say

Gulf News 10 Apr 2024
... crypto wealth manager ... Although cryptocurrency trading is banned in mainland China, offshore Chinese financial institutions have been keen to participate in crypto asset development in Hong Kong.
Edit

Spot Bitcoin ETFs To Receive Green Light In Hong Kong This April

Bitcoinist 10 Apr 2024
... global investment and drive crypto adoption to new heights ... Nevertheless, offshore Chinese financial institutions have shown a keen interest in participating in developing crypto assets in Hong Kong.�.
Edit

US Treasury Seeks Power to Implement More Sanctions on Crypto Exchanges

Coinspeaker 09 Apr 2024
... the introduction of a secondary sanctions tool, the modernization and closure of gaps in existing authorities, and the mitigation of jurisdictional risks posed by offshore crypto platforms.
Edit

Coinbase Chief Legal Officer Calls on Congress to Pass Stablecoin Legislation

Coinspeaker 09 Apr 2024
However, to combat the exploitation of cryptocurrencies by malicious actors, Grewal suggested that introducing stablecoin laws would be instrumental in making the crypto economy more secure.
Edit

America must lead on crypto regulation

Gulf-Times 31 Mar 2024
Instead of allowing offshore or near-shore crypto activities to proliferate unchecked or letting other countries set the standards for a market that is as inherently American as the internet once was, ...
Edit

Taiwan Government Grants Approval for Local Crypto Industry Association

Coinspeaker 29 Mar 2024
Taiwan Government Grants Approval for Local Crypto Industry Association. The government of Taiwan has approved a local crypto industry association as it takes steps toward robust regulation of the country’s sector.
Edit

Russia’s Garantex $20B Crypto Inflow Under Probe By US and UK Authorities

CoinGape 28 Mar 2024
Unfortunately, Russia devised several backdoor alternatives including offshore oil transfers, technology exchanges via third countries, and encrypted crypto transactions.
Edit

No one should expect sympathy when the crypto bubble bursts...as it surely will, warns ALEX BRUMMER

The Daily Mail 28 Mar 2024
Crypto bubble ... Disgraced crypto tycoon Sam Bankman-Fried sentenced to 25... As the Bankman-Fried case shows, unregulated crypto assets, run from sun-drenched offshore islands, are an invitation to fraudulent behaviour.
Edit

A case for enhancing MF overseas investment limits

Business Line 26 Mar 2024
Allowing Indians to take the help of professional managers to own a basket of listed foreign securities through regulated vehicles, is preferable to their punting on risky crypto-currencies and offshore forex markets on their own ....
×