As law firms and traditional finance companies cut back on office space, Yat Siu’s Animoca is taking advantage of the renter’s market to expand its headquarters, reinforcing its commitment to Hong Kong as a global Web3 and digital culture hub.
These simple modifications to the SEC’s current regulatory framework for crypto asset issuance, staking, custody and trading can foster greater innovation without relying on new acts of Congress, says Willkie’s Mike Selig.
The leading stablecoin issuer is comfortable holding its T-bills at a U.S. institution because it respects international sanctions, CEO Ardoino said in an interview.
The costly meltdown of global exchange FTX is still settling big chunks of its bankruptcy drama, now securing about $228 million from Bybit to further feed the cash dispersal that was approved in court earlier this month.