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Hong Kong Could See Spot Bitcoin ETFs Soon; Friend.Tech Money Metrics Surge

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as Hong Kong regulators are expediting the process to approve the spot bitcoin ETF applications, according to a report from Reuters. Plus, Friend.Tech sees money flowing back to the social application ahead of its potential airdrop. And, crypto exchange WOO X partnered with market maker Wintermute and indices provider GMCI to introduce a set of index perpetual contracts linked to meme coins, the top 30 cryptocurrencies, and layer 2 tokens.

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Regulación

La SEC si oppone al mantenimento da 166 milioni di dollari da parte di Terraform dello studio legale Dentons: Reuters

Inoltre, la SEC ha affermato che a Terraform non dovrebbe essere consentito assumere lo studio legale Dentons o pagare le spese legali per i dipendenti, afferma il rapporto.

SEC logo (Nikhilesh De/CoinDesk)

Regulación

SEC Objects to Terraform’s $166M Retainer of Law Firm Dentons: Reuters

Additionally, the SEC has said that Terraform should not be allowed to hire law firm Dentons or pay litigation costs for employees, the report said.

SEC logo (Nikhilesh De/CoinDesk)

Regulación

SEC se opõe ao retentor de US$ 166 milhões do escritório de advocacia Dentons da Terraform: Reuters

Além disso, a SEC disse que a Terraform não deveria ter permissão para contratar o escritório de advocacia Dentons ou pagar custos de litígio para funcionários, disse o relatório.

SEC logo (Nikhilesh De/CoinDesk)

Regulación

La SEC s'oppose à l'engagement de 166 millions de dollars accordé par Terraform au cabinet d'avocats Dentons : Reuters

De plus, la SEC a déclaré que Terraform ne devrait pas être autorisé à embaucher le cabinet d'avocats Dentons ni à payer les frais de litige des employés, indique le rapport.

SEC logo (Nikhilesh De/CoinDesk)

Regulación

La SEC se opone al anticipo de 166 millones de dólares de Terraform al bufete de abogados Dentons: Reuters

Además, la SEC ha dicho que no se debería permitir que Terraform contrate al bufete de abogados Dentons ni pague los costos del litigio por los empleados, según el informe.

SEC logo (Nikhilesh De/CoinDesk)

Regulación

Tutol ang SEC sa $166M Retainer ng Law Firm Dentons ng Terraform: Reuters

Bukod pa rito, sinabi ng SEC na hindi dapat pahintulutan ang Terraform na kumuha ng law firm na Dentons o magbayad ng mga gastos sa paglilitis para sa mga empleyado, sinabi ng ulat.

SEC logo (Nikhilesh De/CoinDesk)

Vídeos

Unpacking the Biggest U.S. Crypto Lobbying Spenders of 2023

CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De shares insights into the state of crypto lobbying in the U.S as Reuters reports crypto firms have spent nearly $20 million on lobbying by the end of the third quarter this year.

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Binance Blasts 'Desperate' Reuters Report It Commingled Customer and Company Funds

"We’ve addressed this on multiple occasions. We keep our user and corporate funds on completely separate ledgers," Patrick Hillmann, Binance's chief communications officer tweeted on Tuesday, though he did not outright deny the report's claims.

Patrick Hillmann, chief communications officer (Binance)

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Sam Bankman-Fried to Plead Not Guilty to Bribery, Campaign Finance Charges: Reuters

FTX founder Sam Bankman-Fried will plead not guilty on charges of trying to evade campaign financing laws and attempting to bribe one or more Chinese government officials, according to a Reuters report. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De weighs in. Separately, OKX says it has identified $157 million in digital assets belonging to FTX and Alameda Research and is turning them over to the bankruptcy estate for the former companies.

The SBF Trial and How We Got Here

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