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Category: subsidiaries
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FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate
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FTX customers want more info on FTX’s plans to sell subsidiaries
While the Ad Hoc Committee does not want to prevent the sales from occurring, it argued it needs to be involved to ensure that customers’ interests are represented.
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US Sanctions Bitriver, Targets Russia’s Crypto Mining Potential
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Bank of Thailand Green-Lights Financial Companies for Crypto Activities
Thailand’s central bank has announced the rules under which financial institutions, including commercial banks, and their subsidiaries can engage in cryptocurrency activities. They include securities, asset management, and insurance firms. This follows the country’s crypto regulatory framework that went into effect last month. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Circular, New […]
The post Bank of Thailand Green-Lights Financial Companies for Crypto Activities appeared first on Bitcoin News.
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Major Korean Exchange Bithumb Expanding into Japan and Thailand
One of South Korea’s largest cryptocurrency exchanges, Bithumb, is expanding into Japan and Thailand. The exchange is working on obtaining regulatory approval from the financial regulators of both countries. The new locations are part of the exchange’s global expansion plan. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Expanding into Thailand Bithumb is currently working […]
The post Major Korean Exchange Bithumb Expanding into Japan and Thailand appeared first on Bitcoin News.
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Corporations Bypassing Korean ICO Regulations With Overseas Subsidiaries
Major corporations in South Korea are increasingly establishing cryptocurrency subsidiaries and launching initial coin offerings outside of the country due to prohibitive regulations. They are seeking opportunities in countries like Japan, Switzerland, Singapore, and Gibraltar. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Regulations Driving Away Businesses An increasing number of corporations in […]
The post Corporations Bypassing Korean ICO Regulations With Overseas Subsidiaries appeared first on Bitcoin News.
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