BTC $81,033.28 -4.28%
ETH $2,376.01 -5.56%
BNB $727.60 -3.01%
XRP $1.30 -6.52%
SOL $103.27 -5.01%
TRX $0.3281 -1.37%
DOGE $0.0781 -6.43%
ADA $0.2117 -7.79%
BCH $272.76 -5.04%
LINK $11.88 -6.64%
HYPE $77.34 -5.58%
AAVE $144.76 -9.33%
SUI $0.9724 -7.31%
XLM $0.1752 -6.14%
ZEC $1,200.92 -11.35%
AAPL $347.24 +0.66%
AMZN $250.77 -5.14%
GOOGL $324.82 -3.15%
MSFT $524.66 -1.56%
META $645.01 -8.93%
NVDA $213.12 -3.96%
TSLA $379.52 -1.95%
SNDK $1,256.66 -9.69%
INTC $86.41 -6.79%
SPCX $145.81 -7.92%
MU $863.77 -6.03%
AMD $511.91 -7.87%
BTC $81,033.28 -4.28%
ETH $2,376.01 -5.56%
BNB $727.60 -3.01%
XRP $1.30 -6.52%
SOL $103.27 -5.01%
TRX $0.3281 -1.37%
DOGE $0.0781 -6.43%
ADA $0.2117 -7.79%
BCH $272.76 -5.04%
LINK $11.88 -6.64%
HYPE $77.34 -5.58%
AAVE $144.76 -9.33%
SUI $0.9724 -7.31%
XLM $0.1752 -6.14%
ZEC $1,200.92 -11.35%
AAPL $347.24 +0.66%
AMZN $250.77 -5.14%
GOOGL $324.82 -3.15%
MSFT $524.66 -1.56%
META $645.01 -8.93%
NVDA $213.12 -3.96%
TSLA $379.52 -1.95%
SNDK $1,256.66 -9.69%
INTC $86.41 -6.79%
SPCX $145.81 -7.92%
MU $863.77 -6.03%
AMD $511.91 -7.87%

ace

All
Article
Flash

SkyAI faces pressure from major shareholders to hold accountable for SOL's liquidation decision, while Korea's Meritz Securities partners with Optimism to explore tokenized infrastructure

According to BBX data, yesterday global publicly listed companies in the U.S. stock market and mainstream financial institutions disclosed the latest developments in the disposal of crypto asset treasury, corporate governance accountability, and Layer 2 security tokenization cooperation. The core information is as follows:Shareholder Bastion Trading, holding approximately 9.99% of SkyAI shares, issued a statement pressuring for accountability regarding the liquidation of SOL and demanding a board restructuring: Major shareholder Bastion Trading, which holds approximately 9.99% of the NASDAQ-listed company SkyAI (NASDAQ: $SKYA), officially released a statement requesting that SkyAI's Executive Chairman Paul K. Danner III and three directors Soren Bo Christiansen, Timothy J. Ruemler, and Jason L. Monroe publicly explain their specific roles in evaluating, approving the takeover offer, and overseeing the complete liquidation of SOL, including who authorized and supervised the liquidation, reviewed the timing of the transaction, execution methods, counterparties, and transaction costs.Meritz Securities of South Korea signs MOU with Optimism Foundation to explore tokenized financial asset clearing based on OP Stack: South Korea's mainstream financial institution Meritz Securities announced the signing of a memorandum of understanding (MOU) with the Optimism Foundation. The two parties will jointly study the issuance, clearing, and distribution framework of tokenized financial assets based on OP Mainnet and other OP Stack networks, deeply exploring the commercial viability of using Ethereum public Layer 2 as a financial-grade distribution and clearing infrastructure. Meritz Securities stated that it will focus on exploring tokenized financial products based on high-quality local assets within the legal and licensing compliance framework, and will promote implementation in conjunction with the progress of South Korea's security token offering (STO) regulations. Previously, KB Securities and DB Securities in South Korea have also successively accessed the OP Stack ecosystem to explore related tokenization businesses.

first_img FCA releases draft guidelines for DeFi, clarifying when interfaces need to obtain authorization in the UK

On October 21, the UK's Financial Conduct Authority (FCA) published Consultation Paper 26/36 titled "Guidance on the Regulatory Scope of Cryptoassets," which explains how to determine whether related activities require authorization when the business model involves a certain degree of decentralization.The FCA pointed out that the use of software, smart contracts, distributed ledger technology, distributed governance mechanisms, or other technological arrangements does not, by itself, determine whether there are regulated activities that require authorization. Automation merely describes the manner in which functions are executed and does not determine whether that function constitutes part of a regulated activity. The so-called "true DeFi" is not a statutory concept in the "Regulated Activities Order" or the "Cryptoasset Regulations"; the degree of decentralization is a continuum and does not constitute an independent or separate regulatory framework.At the same time, the FCA also published Guidance Consultation Paper 26/7, which explains how regulated firms should manage DeFi risks, focusing on operational resilience and financial crime risks, and provides examples of measures that firms may consider taking. Both consultation papers will close for comments on November 18, and the FCA plans to publish the final guidance in January 2027. Starting from October 25, 2027, the new regulations will bring new cryptoasset activities under regulatory oversight, and firms wishing to continue related business must submit authorization applications by February 28, 2027.
app_icon
ChainCatcher Building the Web3 world with innovations.