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11 months, 1 week agoPaxos Receives Regulatory Approval to Launch Stablecoin on Solana Blockchain
Stablecoin issuer Paxos has received regulatory approval from the New York Department of Financial Services (DFS) to launch its products on the Solana blockchain. This is a significant development as Paxos has…
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11 months, 1 week agoCurve Finance Community Votes to Reimburse $61 Million Hack Losses
The community of Curve Finance, a decentralized finance (DeFi) protocol, has voted to reimburse liquidity providers (LPs) who were affected by a $61 million hack in July. The vote, which saw 94% of tokenholders…
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11 months, 1 week agoSEC Lawyers Admit Misrepresentation in Enforcement Case Against Mining Software Firm
Lawyers representing the United States Securities and Exchange Commission (SEC) have admitted to making errors in court filings regarding a mining software firm, Debt Box. The SEC had previously claimed that Debt…
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11 months, 1 week agoDeFi Protocol BarnBridge Settles with SEC Over Unregistered Crypto Product
The decentralized finance (DeFi) protocol BarnBridge has reached a settlement with the United States Securities and Exchange Commission (SEC) after being accused of conducting an unregistered sale of structured…
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11 months, 1 week agoIkigai Sells $65 Million Claim in FTX Bankruptcy Proceedings
Ikigai, an asset management firm, has sold its claim in the bankruptcy proceedings of cryptocurrency exchange FTX. The firm revealed that a majority of its hedge fund’s assets were on FTX when it collapsed. The C…
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11 months, 1 week agoHong Kong Regulators Issue New Rules Allowing Crypto ETFs for Investment Funds and Asset Managers
The Securities and Futures Commission (SFC) of Hong Kong and the Hong Kong Monetary Authority (HKMA) have issued new rules allowing investment funds, brokerages, and asset managers to offer Crypto ETFs. These…
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11 months, 1 week agoCoinbase Receives VASP Approval in France, Expands European Presence
Cryptocurrency exchange Coinbase has been granted approval to operate as a Virtual Asset Service Provider (VASP) in France. This registration allows Coinbase to offer a wide range of products and services to…
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11 months, 1 week agoLGT Completes Acquisition of Abrdn's Discretionary Fund Management Business, Expanding Regional Presence
LGT, a wealth management company, has successfully acquired Abrdn’s discretionary fund management business in the UK and Jersey. The deal, valued at £140m, was announced in February and has now been finalized. As…
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11 months, 1 week agoSEC Admits to Inaccurate Statements in Fraud Case Against Crypto Firm Debt BOX
The U.S. Securities and Exchange Commission (SEC) has admitted to making inaccurate statements in an ongoing case against cryptocurrency firm Debt BOX. The SEC alleges that Debt BOX defrauded investors of almost…
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11 months, 1 week agoHong Kong Embraces Crypto ETFs, Setting High Standards for Digital Asset Innovation
Hong Kong has announced that it is ready to accept applications for spot crypto exchange-traded funds (ETFs), marking a significant shift in the crypto landscape. The move is part of Hong Kong’s efforts to p…
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bob wrote a new post
11 months, 1 week agoHong Kong Regulators Issue New Rules Allowing Crypto ETFs for Investment Funds and Asset Managers
The Securities and Futures Commission (SFC) of Hong Kong and the Hong Kong Monetary Authority (HKMA) have issued new rules allowing investment funds, brokerages, and asset managers to offer Crypto ETFs. These…
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bob wrote a new post
11 months, 1 week agoPaxos Receives Regulatory Approval to Expand USDP Stablecoin to Solana Blockchain
Paxos, a major player in the stablecoin market, has received regulatory approval from the New York Department of Financial Services (DFS) to expand its stablecoin offerings to the Solana blockchain. This is a…
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11 months, 1 week agoSEC Chairman Faces Backlash from Crypto Industry Over Lack of Regulations
SEC Chairman Gary Gensler is facing backlash from the crypto industry over the lack of regulations provided by the United States Securities and Exchange Commission (SEC). In a recent interview, Gensler discussed…
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11 months, 1 week agoBarnbridge DAO Settles with SEC for $1.7M Over Unregistered Crypto Bonds
The Barnbridge DAO has reached a settlement with the Securities and Exchange Commission (SEC) over the sale of unregistered crypto bonds. The settlement, which amounts to $1.7 million, includes a cease and desist…
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11 months, 1 week agoBarnBridge DAO Settles SEC Charges for $1.7M Over Unregistered SMART Yield Bonds
BarnBridge DAO and its founders, Tyler Ward and Troy Murray, have agreed to pay over $1.7 million to settle charges brought by the Securities and Exchange Commission (SEC). The charges stem from the failure to…
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11 months, 1 week agoCircle Secures Conditional DASP License in France, Expands European Footprint
Circle, a leading global financial technology company, has obtained registration as a Digital Asset Service Provider (DASP) in France. This move is part of Circle’s strategy to expand its presence in the European U…
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11 months, 1 week agoLedger's Security Breach Exposes Smart Contracts to Vulnerabilities
In response to a recent security breach in Ledger’s code library, the hardware wallet provider has taken swift action to mitigate potential losses and strengthen security measures. The breach exposed popular i…
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11 months, 1 week agoUBS CEO Urged to Learn from CS Crisis and Embrace a Holistic Approach
The leadership of UBS is facing increasing scrutiny and pressure following the forced takeover of Credit Suisse. This has led to a divisive mentality of “us versus them,” as noted by Samuel Gerber. Sergio Erm…
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11 months, 1 week agoTerraform Labs and SEC Reach Confidentiality Agreement in Cryptocurrency Legal Battle
Terraform Labs and the United States Securities and Exchange Commission (SEC) have reached an agreement on a protective order in their ongoing civil case. The order, finalized by U.S. District Court Judge Jed…
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11 months, 1 week agoHong Kong Regulators Embrace Spot Crypto ETFs, Encouraging Market Growth
Hong Kong’s Securities and Futures Commission (SFC) and the Monetary Authority (HKMA) have announced that they are ready to accept applications for spot crypto exchange-traded funds (ETFs). In a circular released o…
