Hex Trust

Google's January 2024 policy update tightens rules for cryptocurrency trust ads, introducing stricter certification. This move emphasizes Google's commitment to credible, legal, and transparent financial advertising, protecting consumers in the booming digital currency era.

This development is expected to catalyze the adoption of web3 by reducing entry barriers for retail users.

Binance has announced a new campaign called "Crypto is better with Binance". The campaign will feature ten stories from Binance users around the world who have used crypto to improve their lives.

The SEC faces difficulties serving the lawsuit to Richard Schueler, Hex and PulseChain founder. A teleconference, originally set for Nov. 28, has been postponed to Jan. 30, 2024. The SEC accuses Schueler of raising $1 billion through unregistered securities offerings, using the funds for lavish spending on luxury items.

Hex Trust obtains regulatory approval for cryptocurrency custody services in Dubai, advancing its Middle East expansion in line with the emirate's progressive regulations.

The Nevada Financial Institutions Division said Thursday that crypto custodian Prime Trust could not meet all customer withdrawals.

TUSD's volatility triggers fluctuations in loan markets, with borrowing rates surging, highlighting the potential for depegging scenarios.

Banq, a subsidiary of Prime Trust, has filed for bankruptcy protection. The filing comes just five days after Prime Trust reached an acquisition deal with BitGo.

The partnership will allow institutional investors to store assets in a fully compliant manner, among other benefits.