Hong Kong: Illicit Crypto Mining Operations Are Punishable by Fine or Imprisonment

Hong Kong’s financial watchdog secretary states that illicit crypto mining operations are subject to local trading law. The secretary of Hong Kong’s Financial Services and the Treasury has stated that crypto mining operations are regulated by local trading law. His written response to Hong Kong’s Legislative Council was published on Wednesday, April 3. The Council […]

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Identity Solution Provider Reveals New $50 Mln Fund, Blockchain Firm Is First Investment

Okta has launched a $50 million investment fund and announced its first investment in Trusted Key, a blockchain-based digital identity firm. San Francisco-based enterprise identity solution provider Okta has launched a $50 million investment fund and announced its first investment in Trusted Key, a blockchain-based digital identity firm. The news was revealed in an official […]

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Andreessen Horowitz Restructures, Registering Entire Staff as Financial Advisors

American venture capital firm Andreessen Horowitz has renounced its venture capital exemptions and registered as a financial advisor. American venture capital firm Andreessen Horowitz is restructuring by registering all of its employees as qualified financial advisors, Forbes reported on April 2. Andreessen Horowitz — a Silicon Valley company specializing in investing mostly in technology and […]

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TechCrunch Founder’s Digital Asset Firm Acquires Crypto-Focused Private Fund

Digital asset management firm Arrington XRP Capital has merged with cryptocurrency-focused private fund and research house ByteSize Capital. Digital asset management firm Arrington XRP Capital has merged with cryptocurrency-focused private fund and research house ByteSize Capital, according to an official announcement published on March 27. With the merger, ByteSize Capital’s co-founders Ninor Mansor and Ninos […]

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