Regulatory Bodies

On April 28th, a US court sentenced Gary James Harmon, the younger brother of Larry Harmon, the CEO of Helix, a cryptocurrency mixed currency service company, to four years and thr

According to reports, Christy Goldsmith Romero, Commissioner of the United States Commodity Futures Trading Commission (CFTC), recently delivered a speech on cryptocurrencies in Lo

According to reports, the US SEC has appointed Deborah J. Jeffrey as Attorney General, effective May 7, 2023. It is reported that the Office of the Inspector General is an independ

According to reports, according to CoinShares, digital asset investment products had a net inflow of $56.9 million last week. Among them, Bitcoin investment products have a net inf

According to reports, according to legal documents submitted on Monday, if the legal objections raised by the US government cannot be resolved before April 13th, Voyager and its cr

According to reports from the Financial Times, people familiar with the matter said UBS had agreed to acquire Credit Suisse and raised its bid to more than $2 billion. UBS will purchase the shares of Credit Suisse at a price of more than 0.5 Swiss francs per share, which is still far below the closing price of 1.86 Swiss francs last Friday. In addition, UBS has agreed to soften the “material adverse change” clause, which stipulates that if UBS’s credit default spreads soar, the transaction will lapse. The material adverse change clause will apply between the signing and completion of the transaction. People familiar with the matter also said that the Swiss authorities have obtained the prior approval of relevant regulatory bodies in the United States and Europe, and it is expected that the United States and Europe will issue a joint statement today. Two people familiar with the matter said UBS would significantly shrink Credit Suisse’s investment banking business,…