Nexo offices in Bulgaria reportedly raided by police | Invezz

Crypto lender Nexo has reportedly been raided by police in Bulgaria as part of a large-scale international investigation. On Thursday, January 12, a local news outlet reported that Nexo’s offices in Sofia had been searched by prosecutors, criminal investigators and foreign agents. The outlet quoted a national television channel as linking the raid to action ... Read more

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Report: AAX Users Storm Crypto Exchange’s Nigerian Offices, Attack Employees

Nigeria users of the crypto exchange AAX, which suspended withdrawals on Nov. 12, reportedly stormed its offices in Lagos and began assaulting employees. Reports that disgruntled AAX users have harassed the crypto exchange’s workers came just days after the Nigerian crypto and blockchain advocacy group asked to refrain from doing so. Meanwhile, the former vice

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92% High-Net-Worth Individuals in SG & HK Are Interested in Digital Assets: KPMG

KPMG China conducted a study dubbed “Investing in Digital Assets” and found that family offices and high-net-worth individuals in Singapore and Hong Kong have a growing interest in terms of virtual digital assets. (Read More)

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US SEC To Open New Office Dedicated to Crypto-Related Filings

The new crypto offices, which are under the SEC’s Division of Corporation Finance, will be tasked with reviewing disclosures for publicly traded firms. (Read More)

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Hong Kong proposes tax breaks to attract crypto hedge funds, investors

Hong Kongs move to exempt crypto gains from taxes targets hedge funds and family offices in a bid to boost its competitiveness.

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Wealthy Investors and Family Offices Embrace BTC Following Bank Failures, Says Swan Bitcoin Executive

According to Steven Lubka, the head of private clients and family offices, as well as the managing director at Swan Bitcoin, wealthy investors and private offices have been gravitating towards bitcoin since the downfall of Silicon Valley Bank (SVB). Lubka stated that his firm has also observed “corporations engaging in treasury diversification” and emphasized that

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