Digital Asset
Hester Peirce: SEC Needs Clarity on Crypto Securities Language
Hester Peirce cites legal imprecision in the SEC’s crypto classification terminology. Peirce thinks crypto assets could become securities in the future. Digital asset creators need…
Crypto Investment Products See $1.2 Billion Inflow as Bitcoin Surges
Digital asset inflows totaled $1.2 billion in the third consecutive week of positive growth. Bitcoin alone attracted $1 billion in inflows, reflecting its dominant market…
Dubai’s VARA Issues New Crypto Marketing Guidelines, Mandates Risk Disclaimers
New VARA guidelines require enhanced disclaimers on virtual asset ads in the UAE. Bonuses tied to crypto promotions must receive approval from VARA. The updated…
Virtual Asset Trading Drives Growth in Hong Kong’s Markets
Securities industry profits rose 50% to HKD 19 billion in 1H 2024. Virtual asset trading generated HKD 77 million in revenue for the first time.…
Liquidity Injection by China and US to Boost Crypto Markets
PBoC's liquidity injection and housing market boost could drive asset price growth. U.S. yield curve widening reflects rising optimism for economic recovery and growth. Justin…
W Token Price Surges 6.35% on Securitize-Wormhole Partnership News
Securitize partners with Wormhole to enable seamless cross-chain transfers for tokenized assets. The collaboration enhances liquidity and accessibility, particularly for institutional investors. W token surged…
Kamala Harris Partners with Crypto Experts on Industry-Friendly Policies
Kamala Harris is working with crypto experts to shape pro-crypto campaign policies. Harris aims to distance her stance from Senator Warren and SEC Chair Gensler's…
Hong Kong Solidifies Crypto Hub Status with Bitcoin ETF Growth
Total Bitcoin holdings across three ETFs grew by 15.7%, reaching 4,500 BTC by September 2024. Bosera HashKey leads in AUM at $124.8M, while Harvest BitcoinSpot's…
Massive Outflows Shake Digital Asset Investment Products
Digital asset funds see $726 million outflows, driven by US rate cut uncertainty. Bitcoin leads outflows with $643 million, while Solana records $6.2 million inflows.…
SEC Commissioner Advocates for Specialized Crypto S-1 Form at KBW 2024
SEC’s Mark Uyeda calls for tailored S-1 registration for digital asset securities. Uyeda criticizes the lack of progress in accommodating digital asset sponsors. Ripple and…
