COIN BUREAU NEWSFLASH! – (06/10/22) Here are some of today’s m | Coin Bureau Insider
COIN BUREAU NEWSFLASH! – (06/10/22)
Here are some of today’s most important headlines:
Russia Blocks Access to OKX Website for Alleged Unreliable Financial Information
According to reports, Russia’s state media monitoring service Roskomnadzor has blocked access to the website of crypto exchange OKX at the request of the Prosecutor General’s Office. The agency stated that the ban was due to the dissemination of “unreliable socially significant information of a financial nature.”
The agency stated that the exchange published information related to the activities of financial pyramids, as well as information on the provision of financial services by persons who do not have the right to provide them under Russian law. However, Russian citizens can still access the website using VPNs, though OKX has advised against doing so due to risks of triggering security measures that may lead to account bans.
https://cointelegraph.com/news/russia-blocks-okx-website-for-alleged-unreliable-financial-information-reports
Three Arrows Capital's NFT Collection Set to Be Liquidated
Teneo, the business advisory firm leading Three Arrows Capital’s (3AC) bankruptcy proceedings, issued a statement yesterday confirming that it was behind the movement of 3AC’s Starry Night Capital NFT collection.
Teneo further stated that the transfer of NFTs was part of the liquidator's duty of identifying assets and maximising recoveries on behalf of all creditors. The firm also credited pseudonymous collector Vincent Van Dough for facilitating the transfer of the NFTs, by stating,
"We would like to make clear that VVD [pseudonymous NFT collector Vincent Van Dough] has cooperated with the JLs [Joint Liquidators] in an effort to protect the value of these assets for the benefit of all relevant stakeholders and has sought to ensure that no Starry Night Portfolio assets would be disposed of improperly, or without the sanction of the BVI Court if required."
https://decrypt.co/111317/three-arrows-capital-cryptopunks-starry-night-ethereum-nfts
The European Council Passes MiCA, EU’s Comprehensive Crypto Regulation
The European Council’s Permanent Representatives Committee has reportedly approved the full legal text of its landmark crypto legislation known as the Markets in Crypto Assets Regulation (MiCA).
The text is now being sent to the chair of the European Parliament Committee on Economic and Monetary Affairs for a final vote set to take place on October 10th. Once approved, MiCA will be formally adopted and will be enforceable as early as 2024. MiCA is a significant step forward in establishing rules governing how digital asset exchanges and other service providers must operate in EU member countries.
https://www.theblock.co/post/174994/the-european-council-passes-mica-eus-comprehensive-crypto-regulation
Asset Management Giant GoldenTree Discloses $5.2M Investment in SushiSwap
According to an announcement from asset management firm GoldenTree, the firm has invested about $5.2 million in the SushiSwap governance token, stating that the project has “incredible potential” and that it was "psyched to be more active in all things Sushi."
GoldenTree’s announcement reads,
"Although the community has certainly been through some tough challenges, we’ve been amazed at the resilience of both the core team and the community in the face of these speed bumps, as you all have continued to build and release top-tier products."
The firm also disclosed the wallet address that holds its Sushi governance tokens and outlined a number of possible improvements that the firm believes it can help the protocol achieve.
https://www.coindesk.com/business/2022/10/06/asset-management-giant-goldentree-discloses-52m-investment-in-sushiswap/
The Taliban Crushed Afghanistan’s Crypto Market, Study Says
