“In order for Web3 to steadily take the road of innovative development, we will adopt a strategy that emphasizes both ‘proper regulation’ and ‘promoting development,’” said Chan. “In terms of proper supervision, in addition to ensuring financial security and preventing systemic risks, we will also do a good job in investor education and protection, and anti-money laundering.”
New York AG Pushes Back Against DCG, Silbert’s Motion to Dismiss Fraud Case
DCG and Silbert have denied that the promissory note was a sham. In their motions to dismiss, lawyers for DCG...