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Month: November 2023

  1. Home
  2. 2023
  3. November
  4. Page 8
  • bob
  • 2023-11-28
  • Cryptocurrency Exchanges
  • Global Financial Events
  • Regulatory Developments
  • World

International Financial Organization Calls for Global Cooperation in Regulating Crypto-Asset Intermediaries

The Financial Stability Board (FSB) is calling for greater cooperation among national regulatory bodies in the regulation of cryptocurrencies. Specifically, the FSB is recommending cross-border collaboration in the supervision of multifunction crypto-asset intermediaries (MCIs), which are firms that combine a range of crypto services and products. While these MCIs are critical to the crypto ecosystem, […]

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Fireblocks Launches Off Exchange Trading System to Eliminate Counterparty Risk on Centralized Exchanges
  • bob
  • 2023-11-28
  • Cryptocurrency Exchanges
  • Cryptocurrency Innovations
  • Financial Scams and Security
  • World

Fireblocks Launches Off Exchange Trading System to Eliminate Counterparty Risk on Centralized Exchanges

Fireblocks, a multi-party computation (MPC) wallet provider, has introduced a new trading system called “Off Exchange” for institutional traders. This system allows traders to swap tokens without depositing them on the exchange, reducing counterparty risk. The Off Exchange system works by using a shared MPC wallet with a private key consisting of three shards. The […]

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SBI Holdings and Circle Collaborate to Promote USDC Adoption in Japan
  • bob
  • 2023-11-28
  • Asia
  • Company News
  • Cryptocurrency Innovations
  • Regulatory Developments

SBI Holdings and Circle Collaborate to Promote USDC Adoption in Japan

Japan’s SBI Holdings, a leader in asset management and blockchain technology, has formed a strategic collaboration with Circle, the company behind the USDC stablecoin. This partnership aims to promote the adoption of digital currencies, specifically the USDC stablecoin, in the Japanese market. SBI Trade is seeking approval to deal in USDC under electronic payment regulations, […]

Read More
  • bob
  • 2023-11-28
  • Cryptocurrency Regulations
  • Global Financial Events
  • Regulatory Developments
  • World

Global Cooperation Urged for Regulation of Crypto Intermediaries

The Financial Stability Board (FSB) is calling for greater cooperation among national regulatory bodies in the regulation of cryptocurrency. Specifically, the FSB is urging cross-border collaboration in the supervision of multifunction crypto-asset intermediaries (MCIs), which are critical to the crypto ecosystem but also pose risks to global financial stability. MCIs are firms that combine a […]

Read More
Arax Holdings Launches CBC20 Core Token to Revolutionize Asset Tokenization
  • bob
  • 2023-11-28
  • Company News
  • Cryptocurrency Innovations
  • Fintech and Blockchain Startups
  • World

Arax Holdings Launches CBC20 Core Token to Revolutionize Asset Tokenization

Arax Holdings has recently launched the CBC20 Core Token on the Core Blockchain as part of its plan to expand the blockchain network ecosystem. This token aims to integrate real-world assets into digital asset management platforms. With a total supply of 1 billion, the Core Token offers various services within the Core Ecosystem and facilitates […]

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ByBit Becomes Target of US Crypto Crackdown as CFTC Subpoenas Coinbase
  • bob
  • 2023-11-28
  • Cryptocurrency Exchanges
  • Cryptocurrency Regulations
  • North America
  • Regulatory Developments

ByBit Becomes Target of US Crypto Crackdown as CFTC Subpoenas Coinbase

ByBit, the fourth-largest cryptocurrency exchange by volume, is now under scrutiny from US regulators. The Commodity Futures Trading Commission (CFTC) has subpoenaed rival exchange Coinbase for evidence against ByBit. Coinbase users have received emails informing them of the subpoena, which is part of the CFTC’s investigation into ByBit and its CEO, Ben Zhou. ByBit, unlike […]

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Spain Implements New Reporting Requirements for Foreign Crypto Assets
  • bob
  • 2023-11-28
  • Cryptocurrency Regulations
  • Europe
  • Financial Scams and Security
  • Government Policies and Cryptocurrency Adoption

Spain Implements New Reporting Requirements for Foreign Crypto Assets

In an effort to strengthen control and oversight in the world of cryptocurrency taxation, Spain has implemented new regulations requiring residents to declare their crypto assets held on non-Spanish platforms. The country’s tax agency has introduced a dedicated declaration form, known as Form 721, which individuals and businesses must use to report their holdings for […]

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dYdX Chain Completes Mainnet Migration and Launches $20 Million Token Rewards Program
  • bob
  • 2023-11-28
  • Cryptocurrency Innovations
  • Investment Insights
  • Market Updates
  • World

dYdX Chain Completes Mainnet Migration and Launches $20 Million Token Rewards Program

The decentralized trading platform dYdX Chain has completed its mainnet migration and officially launched full trading. This milestone was achieved after a successful governance vote, highlighting the platform’s commitment to decentralized decision-making and community-driven development. Major markets such as BTC-USD, ETH-USD, SOL-USD, and LINK-USD are now available for trading on the platform. The transition to […]

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  • bob
  • 2023-11-28
  • Company News
  • Europe
  • Market Analysis and Predictions
  • Mergers and Acquisitions (M&A)

Credit Suisse Employees Enjoy a Year of Rest Thanks to Generous Social Plan

The atmosphere at Credit Suisse is described as miserable, with employees expressing their dissatisfaction with the company. Outplacement and career advisors are urging employees to quickly find new opportunities to avoid appearing stagnant and unresponsive to potential employers. This situation is particularly concerning for employees over the age of 50 who have been with the […]

Read More
  • bob
  • 2023-11-28
  • Company News
  • Europe
  • Financial Scams and Security
  • Market Analysis and Predictions

The Enigma of CEOs: Masters of Deception or Genuine Leaders?

High-level executives are often characterized by their strong self-confidence, which can sometimes cross the line into megalomania. This phenomenon, known as imposture, can have both positive and negative effects on companies. While self-assured leaders are able to effectively convince stakeholders of their company’s strategy and inspire employees, their overconfidence can also lead to harmful decisions […]

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