Daily Archives: 30/06/2022

Spanish regulator: Only 6.8% of Spaniards invest in cryptocurrencies

The National Commission for the Securities Market of Spain (CNMV) commissioned a study, thanks to which it found out that the level of acceptance of cryptocurrencies in the country is quite low. A Grupo Analisis e Investigacion study report says that only three out of four Spaniards have heard of cryptocurrencies. However, people’s knowledge is still very limited: only 1.4% of those surveyed are well versed in digital assets. Most respondents lack knowledge of cryptography…

Court issued a decision to liquidate the crypto-hedge fund Three Arrows Capital

The Court of the British Virgin Islands has ruled on the results of a case involving Three Arrows Capital’s loss-making activities as a result of the recent sharp downturn in the cryptocurrency markets. The court ruled to liquidate the crypto hedge fund Three Arrows Capital (TAC). Partners from the New York-based consulting firm Teneo Restructuring were called in to help with the company’s insolvency case. The question of the form of repayment of TAC debt…