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Day: December 18, 2023

  1. Home
  2. 2023
  3. December
  4. 18
  5. Page 2
  • bob
  • 2023-12-18
  • Cryptocurrency Innovations
  • Fintech and Blockchain Startups
  • Government Policies and Cryptocurrency Adoption
  • World

Palau Ministry of Finance Launches Second Phase of Palau Stablecoin Initiative with Ripple’s CBDC Technology

The Ministry of Finance of Palau has launched the second phase of the Palau Stablecoin (PSC) initiative. The PSC is a stablecoin that is fully backed by US dollar cash balances and is issued and managed by the Palau Ministry of Finance.In this new phase, the PSC project team plans to utilize Ripple’s Central Bank […]

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  • bob
  • 2023-12-18
  • Cryptocurrency Exchanges
  • Cryptocurrency Regulations
  • North America
  • Regulatory Developments

SEC Denies Coinbase’s Petition for Crypto Rulemaking, Citing Existing Laws and Regulatory Timing

The US Securities and Exchange Commission (SEC) has rejected a petition from Coinbase, the largest crypto exchange in the US, seeking exemptions for certain crypto assets to be treated as commodities rather than securities. SEC Chair Gary Gensler provided three key reasons for the denial.Firstly, Gensler emphasized that existing laws and regulations already apply to […]

Read More
  • bob
  • 2023-12-18
  • Cryptocurrency Exchanges
  • Cryptocurrency Regulations
  • North America
  • Regulatory Developments

SEC Denies Coinbase’s Petition for Crypto Rulemaking, Citing Existing Laws and Regulatory Timing

The US Securities and Exchange Commission (SEC) has rejected a petition from Coinbase, the largest crypto exchange in the US, seeking exemptions for certain crypto assets to be treated as commodities rather than securities. SEC Chair Gary Gensler provided three reasons for the denial. Firstly, he emphasized that existing laws and regulations already apply to […]

Read More
  • bob
  • 2023-12-18
  • Asia
  • Cryptocurrency Innovations
  • Fintech and Blockchain Startups
  • Global Financial Events

Web3 Venture Builder and Charity Collaborate to Revolutionize Charitable Giving

BlockDown Festival, in collaboration with BlockShow, is set to bring a Web3 event to Hong Kong in May 2024. The conference, supported by Cointelegraph, will take place at Cyberport, a renowned venue for Web3 companies. The event aims to create a Web3 city with various exhibition spaces, meeting zones, and open-air areas.BlockShow has a history […]

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  • bob
  • 2023-12-18
  • Cryptocurrency Exchanges
  • Government Policies and Cryptocurrency Adoption
  • North America
  • Regulatory Developments

Crypto Leaders Invest $78 Million in US PACs to Shape Pro-Tech Legislation

Crypto leaders in the United States have raised a total of $78 million for super PACs, with the aim of increasing the presence of lawmakers who are friendly towards the cryptocurrency industry. The entities that have shown support for Fairshake, one of the political action committees, include prominent names such as Andreessen Horowitz, Coinbase, and […]

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  • bob
  • 2023-12-18
  • Cryptocurrency Exchanges
  • Cryptocurrency Regulations
  • Market Updates
  • North America

Tether’s USDT Discount on Exchanges Reaches 5-Month High Amid Collaboration with US Authorities

Tether’s USDT stablecoin discount on centralized exchanges like Binance and Coinbase has reached its highest point in five months. This comes after Tether revealed its collaboration with US authorities, which has sparked criticism from the crypto community.According to data from Paris-based crypto data provider Kaiko, the discount on USDT is currently evident on major centralized […]

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  • bob
  • 2023-12-18
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Regulatory Developments
  • World

Charles Hoskinson’s Past Criticism of XRP and Ongoing Feud with XRP Community Resurface Amidst Regulatory Woes

Cardano founder Charles Hoskinson is facing backlash for his past comments about XRP and its community. A year ago, Hoskinson stated that XRP had no technical or partnership value and labeled the XRP community as toxic. When questioned about his stance amidst XRP’s ongoing legal struggles with the SEC, Hoskinson doubled down on his criticism. […]

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  • bob
  • 2023-12-18
  • Company News
  • Europe
  • Market Analysis and Predictions
  • Regulatory Developments

UBS Urges Enhanced Financial Regulation Amidst Turmoil at Finma

The Swiss financial regulator, FINMA, is facing criticism and calls for stronger oversight in the aftermath of the Credit Suisse crisis. The regulator is set to release a comprehensive report on the lessons learned, but there are concerns that the focus will be on FINMA itself rather than on Credit Suisse. Since the forced sale […]

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  • bob
  • 2023-12-18
  • Company News
  • Cryptocurrency Exchanges
  • Europe
  • Fintech and Blockchain Startups

Raiffeisen Switzerland Expands Blockchain Presence with SIX Digital Exchange Membership

The Swiss arm of the Raiffeisen banking group is set to join the SIX Digital Exchange (SDX), the trading platform and central securities depository (CSD). This move is aimed at further establishing Raiffeisen’s presence in the blockchain sector. SDX, which is licensed by the Swiss Financial Market Supervisory Authority (FINMA), operates a trading platform and […]

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  • bob
  • 2023-12-18
  • Company News
  • Cryptocurrency Exchanges
  • Europe
  • Fintech and Blockchain Startups

Swiss Bank Raiffeisen Joins SDX Digital Exchange for Digital Asset Trading

The Swiss digital exchange, SDX, has announced that Raiffeisen Schweiz, one of the largest banking groups in Switzerland, is joining its trading platform. This move comes as digital assets continue to gain popularity among institutional investors. SDX offers a comprehensive blockchain-based platform for the issuance, trading, settlement, and custody of digital securities.Raiffeisen Schweiz’s decision to […]

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