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Flow Secures02

SEC faces criticism from five investment firms over custody rule proposal

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bain Capital Crypto and other prominent investment firms voice concerns over the proposed SEC custody rule change. Representatives from Bain Capital Crypto, Electric Capital, Haun Ventures, Dragonfly Digital and Ribbit Capital have joined other industry voices in opposing the Securities and […]
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EU approves MiCA, US crypto firms consider relocating amid regulatory uncertainty

This week, the crypto industry was largely dominated by regulatory developments. Industry leaders continued to express concerns about the regulatory climate in the United States, with some firms contemplating migrating in response to the Securities and Exchange Commission’s (SEC)crackdown. In contrast, the European Union had more clarity, as the parliament approved proposals in the Markets […]
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Chinese state-owned bank starts working with crypto firms in Hong Kong

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied China Bank of Communications Co., Ltd.’s Hong Kong subsidiary reportedly collaborates with several crypto companies with secured licenses in Hong Kong. According to reports, the state-owned bank works with several licensed crypto firms in the semi-autonomous city-state and has also approached […]
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Wall Street firms embrace Avalanche blockchain for efficient financial transactions

T. Rowe Price Associates, together with several prominent Wall Street companies, is set to explore the potential of the Avalanche blockchain to revolutionize financial trade execution and settlement using a new application called Spruce. T. Rowe Price Associates is joining forces with several Wall Street companies to explore the Avalanche blockchain’s potential in enhancing the […]
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