According to Onchain Lens monitoring, Blackrock transferred 5847 bitcoins worth approximately $450 million to Coinbase. The flow of funds indicates that the asset has been deposited into the trading platform. (Onchain Lens)
[Hong Kong SFC Warns Against Fraud Using Compensation Fund Name]
According to a notice from the Hong Kong Securities and Futures Commission (SFC), fraudsters are impersonating the Investor Compensation Fund, demanding 'deposits' or 'handling fees' to arrange compensation, leading to secondary victimization. The SFC reminds the public that it will not request payments related to compensation claims via social media or instant messaging platforms.
According to KIPRIS in South Korea, Teda has submitted 7 trademark applications, including the "tetra" logo and "tetra gold". The Basic Law of Digital Assets may require overseas stablecoin issuers to establish Korean branches, and Tether is considered to be ahead of Circle. Jeremy Allaire, CEO of Circle, has stated that South Korea is the most dynamic virtual asset market in the world. (chosun)
The crypto market structure bill saw a high-stakes, 11th-hour gambit to get Democrats on board for a bipartisan committee vote, but it might carry a cost.
According to CoinDesk, the US Securities and Exchange Commission (SEC) has lifted the "no deny" rule that has been in effect for about 50 years. The new regulations allow defendants who have reached enforcement settlements with the SEC to publicly question or deny the allegations made in enforcement actions, whereas previous settlement agreements typically restricted defendants from publicly refuting such allegations.