HashKey Capital Gains Hong Kong’s Type 1 License for Crypto Brokerage
With the latest authorization, HashKey Capital can market and distribute investment funds and structured products, including those tied to virtual assets.
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SEC Drops Appeal Against Ripple, But Legal Battle Isn’t Over Yet
While the agency is stepping back from its appeal, Ripple has not yet agreed to withdraw its own challenge. The company continues to contest the $125 million fine imposed by the court and the ongoing injunction that restricts it from selling XRP to institutional investors without registering those transactions as securities.
U.S. SEC’s Hester Peirce Leads Crypto Task Force, Pushes for Clearer Regulations
She acknowledged that the last few years have been tumultuous for the industry, with enforcement actions often taking precedence over clear regulatory frameworks. Now, she hopes to provide more definitive guidance and work toward distinguishing which aspects of crypto regulation fall under the SEC’s jurisdiction.
Telegram Founder Pavel Durov Allowed to Temporarily Leave France; Relocates to Dubai
As per reports, a French court granted Durov permission to leave the country on March 13, allowing him to travel to Dubai. The specifics of the court’s decision remain undisclosed, but the move has drawn attention given Dubai’s business-friendly environment and its lack of extradition agreements with several nations.
Abu Dhabi’s MGX Invests $2 Billion in Binance
MGX, an AI-focused fund launched last year, is chaired by Sheikh Tahnoon bin Zayed al-Nahyan, the UAE’s national security adviser and a key figure in the country’s push for artificial intelligence-driven economic diversification.