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Digital asset
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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FinTech
Wirex Pay Rolls Out Non-Custodial Wallet for Global Crypto Transactions
2024-10-09T11:47:31.070+02:00
The app's early access is now live for select users, allowing crypto payments in over 200 countries.
The platform uses ID verification to protect accounts and grant users control over their assets.
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CryptoCurrency
Overcoming Siloed Liquidity: Interoperability's Impact on Digital Assets
2024-06-04T11:47:19.639+02:00
Projections suggest the tokenized asset market could reach $16.1 trillion by 2030.
Web3 needs an interoperable layer to function effectively, like the internet's World Wide Web.
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CryptoCurrency
Singapore's Liminal Secures Regulatory Approval in Abu Dhabi
2024-05-13T12:26:34.635+02:00
The firm's Indian subsidiary is India's first FIU-registered digital asset custodian.
Its Dubai entity obtained initial approval from the emirate's VARA last month.
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CryptoCurrency
Tokenizing Real-World Assets Redefines Financial Inclusivity: A $16 Trillion Outlook
2024-04-18T16:26:33.127+02:00
Tokenization merges traditional and digital finance, expanding access to wealth opportunities previously restricted.
Investing in appreciating assets is essential for financial stability, as cash depreciates over time due to inflation.
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Trending
At Israel IT Summit, ‘Bruised’ Optimism and Innovation that Goes Beyond AI
2024-04-08T10:30:11.930+02:00
A funding uptick in Q1 fuels hopes in the Israeli tech community.
But without certainty, how can it move forward?
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Jonathan Fine
CryptoCurrency
Kraken Fires Back: Challenges SEC Lawsuit as Regulatory Overstep
2024-02-23T09:48:30.964+02:00
The testimony delivered on May 10, 2023, highlighted inadequate digital asset industry regulation.
The firm disputes the SEC's token-contract stance citing a lack of buyer-issuer agreement.
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CryptoCurrency
Crypto Finance Clinches Four BaFin Licenses Strengthening Institutional Services
2024-02-12T12:19:18.130+02:00
The licenses cover regulated digital asset trading, settlement, and custody services.
BaFin has expedited the licensing process for crypto custody services recently.
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CryptoCurrency
Binance.US CEO Slams SEC's Approach to Digital Asset Regulation in Op-Ed
2024-01-19T18:56:07.358+02:00
The CEO criticizes agency's shift from core principles.
He sees internal disagreements as a sign of broader challenges in the regulatory landscape.
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CryptoCurrency
Thai SEC Unshackles Retail Investors in Real Estate-Based Digital Tokens
2024-01-19T13:30:36.161+02:00
Implemented on January 16, the regulatory update followed a public consultation.
Earlier, Thai retail investors faced a restriction with an investment cap of $8,430.
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CryptoCurrency
The Token Economy: How Singapore's Bold Moves Pave the Way
2023-11-15T14:58:20.777+02:00
Digital assets and blockchain technology are reshaping traditional financial paradigms.
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Pedro Ferreira
CryptoCurrency
DCG’s Payment Plan on Shaky Ground as Genesis Lender Group Objects
2023-08-30T18:21:31.970+02:00
The Ad Hoc Group called the agreement "wholly insufficient."
DCG proposed paying $830M seven years after Genesis' Chapter 11 plan becomes effective.
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CryptoCurrency
Binance Irked by SEC’s Move to Query CEO of US Affiliate
2023-08-15T16:19:54.947+02:00
BAM's CEO and CFO do not have 'unique firsthand knowledge' about customer assets.
In other news, the SEC delayed a decision on ARK Invest's spot BTC application.
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CryptoCurrency
Troubled Crypto Custodian Prime Trust Might Cut 75% of Jobs: Report
2023-08-11T20:55:30.659+02:00
A court in Nevada recently placed the firm under receivership.
The firm cut a third of its workforce in January, according to CoinDesk.
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CryptoCurrency
UK Govt. Rejects Lawmakers’ Push to Regulate Crypto Trading as Gambling
2023-07-20T14:33:08.509+02:00
The lawmakers in May argued that 'unbacked' crypto assets carry 'huge price volatility'.
However, the government believes such treatment violates international standards.
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CryptoCurrency
G20 ‘Welcomes’ Financial Stability Board’s Call for Tougher Crypto Rules
2023-07-19T03:00:00.000+02:00
Earlier, the Bank for International Settlement urged G20 to dismiss crypto.
Stakeholders are taking varying approaches to digital asset regulation across the globe.
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CryptoCurrency
Thodex Founder Sentenced to Turkish Prison over Failure to Tender Tax Documents
2023-07-18T16:45:43.669+02:00
Faruk Fatih Özer claims innocence on charges related to defrauding investors.
The ex-CEO was arrested in August last year in Albania.
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Regulation
SEC: Coinbase before Lawsuit ‘Understood’ Securities Law Could Apply to Its Business
2023-07-08T16:41:12.589+02:00
The SEC said that Coinbase used the Howey Test to decide which crypto to list.
The watchdog picked holes in Coinbase's reference to the 'major questions doctrine'.
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CryptoCurrency
Gemini Sues DCG, Founder Barry Silbert over Genesis’ Debit in Earn Program
2023-07-07T22:45:20.675+02:00
The exchange said that DCG lied about absorbing Genesis' 3AC losses.
DCG in a statement called Gemini's lawsuit another 'publicity stunt'.
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CryptoCurrency
Kraken Co-Founder Jesse Powell Was Investigated by FBI for Allegedly Hacking Non-Profit
2023-07-07T16:27:18.065+02:00
Powell allegedly cyberstalked the Verge Centre for the Arts.
The case is not related to Powell's activity in the crypto industry, his lawyer said.
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CryptoCurrency
2016 Crypto Hack: Bitfinex Gets $312K in Latest Recovery from US
2023-07-06T23:52:46.623+02:00
BTCs stolen from the hack are currently worth $3.7 billion.
OCCRP recently said Bitfinex hid a report that flagged its security flaws for the hack.
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CryptoCurrency
Crypto Volumes Climb First Time in 3 Months amid TradFi Push for Spot BTC ETF
2023-07-06T19:33:35.577+02:00
However, spot trading volumes on CEXs remain at 'historically low levels'.
In other news, a New York court has ordered Coinseed and the Founder to pay $424K.
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CryptoCurrency
Bittrex Faced Enforcement Action from Florida before Bankruptcy Declaration
2023-07-06T16:47:13.011+02:00
The OFR disclosed the action in a court filing to stop Bittrex's request for an automatic stay.
The SEC sued Bittrex and its Co-Founder, William Shihara, in mid-April.
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Regulation
Crypto's Regulatory Challenges: How Regtech Supports Compliance in Digital Assets
2023-07-05T13:43:41.074+02:00
What can Regtech bring to the table?
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CryptoCurrency
FCA Provides 4 'Legal Routes' for Compliance with Upcoming Crypto Promotion Rules
2023-07-04T15:34:22.946+02:00
The FCA's new rules require ‘clear risk warnings’ on any crypto advert.
Thus, up to 2 years imprisonment, an unlimited fine, or both for violation of the rules.
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CryptoCurrency
EU Reaches Deal on Crypto Bank Capital Rules
2023-06-27T21:15:57.857+02:00
The European Commission first proposed changes to the bank capital rules in 2021.
Earlier in the year, lawmakers introduced rules on banks' crypto exposure to the rules.
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