gmc
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10 months, 4 weeks agoSEC Chair Accused of Gaslighting Public in Coinbase Legal Dispute
In the ongoing legal dispute between Coinbase Global Inc. and the U.S. Securities and Exchange Commission (SEC), the XRP holder’s lawyer, John Deaton, has accused the SEC’s top official, Gary Gensler, of ‘ga…
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10 months, 4 weeks agoIMF Chief Calls for Crypto Regulations to Safeguard Financial Stability
The head of the International Monetary Fund (IMF) has called for regulations on cryptocurrencies, citing the risks they pose to financial stability. Speaking at a conference in Seoul, IMF Managing Director…
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10 months, 4 weeks agoWarning: Multiple DApps Affected by Security Breach in Ledger Library
Ledger, a popular cryptocurrency hardware wallet provider, recently addressed a security vulnerability that affected multiple decentralized applications (DApps) on its platform. The vulnerability stemmed from a…
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10 months, 4 weeks agoRipple's Chief Legal Officer Predicts Resolution of SEC Lawsuit and Regulatory Deadlock in 2024
Ripple’s Chief Legal Officer, Stuart Alderoty, has provided insights into the future of the cryptocurrency landscape, specifically focusing on 2024. He discussed predictions regarding Ripple’s ongoing legal dis…
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10 months, 4 weeks agoCoinbase Challenges SEC's Denial of Digital Asset Regulations, Files Petition for Judicial Review
In a recent development in the ongoing dispute between Coinbase and the US Securities and Exchange Commission (SEC), the SEC has officially denied Coinbase’s request for new regulations regarding digital assets. I…
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10 months, 4 weeks agoGrayscale Evaluates Tax Implications of Spot Bitcoin ETF Amidst Inaccurate Reports
Grayscale, a prominent cryptocurrency investment firm, is currently assessing the potential tax implications surrounding spot Bitcoin exchange-traded funds (ETFs). This evaluation comes in response to inaccurate…
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10 months, 4 weeks agoDushyant Bhatia appointed as Head of Key Clients and Family Offices at LGT Private Banking in Dubai
LGT Private Banking has appointed Dushyant Bhatia as the head of key clients and family offices in Dubai. Bhatia, who previously worked as the managing director at Bank of Singapore (BoS) in Dubai for over eight…
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10 months, 4 weeks agoBlackRock Unveils AI Co-Pilot and Advances Bitcoin ETF Talks
BlackRock, a prominent investment management company, has made headlines this week with two major developments in the world of technology. Firstly, the company has unveiled its new AI tool, which is set to act as a…
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10 months, 4 weeks agoKazakhstan's Digital Tenge Pilot Project Declared a Success, Sets Stage for Future Enhancements
The digital tenge, Kazakhstan’s central bank digital currency (CBDC), has successfully completed a month-long pilot project. The pilot run involved various initiatives, including providing schoolchildren with f…
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10 months, 4 weeks agoCoinbase Plans Legal Action Against SEC Over Denial of Regulatory Rules for Cryptocurrency Transactions
Coinbase, the popular cryptocurrency exchange, plans to take legal action against the U.S. Securities and Exchange Commission (SEC) after the regulator rejected Coinbase’s petition for specific regulatory rules f…
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10 months, 4 weeks agoEthereum Community Approves Groundbreaking ERC-3643 Standard for Compliant Tokenization
The Ethereum community has approved the ERC-3643 standard, which is the first-ever standard designed specifically for compliant tokenization. This new standard improves upon the widely used ERC-20 standard,…
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10 months, 4 weeks agoSEC Holds Discussions with Asset Managers on Spot Bitcoin ETF Approval
The Securities and Exchange Commission (SEC) has engaged in discussions with asset managers regarding the potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States. The recent meetings…
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10 months, 4 weeks agoSafeMoon DeFi Protocol Files for Bankruptcy Amidst Criminal Charges and Token Price Plummets
Decentralized finance (DeFi) protocol SafeMoon has filed for Chapter 7 bankruptcy following the arrest of its executives and criminal charges in the United States. The filing has resulted in a significant drop in…
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10 months, 4 weeks agoSEC Denies Coinbase's Petition for Cryptocurrency Securities Rulemaking
The United States Securities and Exchange Commission (SEC) has denied a petition from Coinbase, a cryptocurrency exchange, for a rulemaking on transactions involving cryptocurrencies that are considered securities.…
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10 months, 4 weeks agoTether Freezes Hacker's Wallet Address Amidst Security Concerns on Ledger Platform
Tether, the popular stablecoin issuer, has taken action against hackers who exploited the Ledger network. The addresses of the attackers have been frozen, preventing them from accessing the funds they stole.…
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10 months, 4 weeks agoCentral Bank Governor Urges Development of CBDCs to Counter Stablecoin Threat
Bank of Korea Governor Chang-yong Rhee has expressed concerns about the rise of stablecoins and their potential impact on central bank money and monetary policies. Speaking at a conference on digital money in…
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10 months, 4 weeks agoSEC Denies Coinbase's Crypto Rulemaking Petition, Chair Gensler Supports Decision
The Securities and Exchange Commission (SEC) has denied a rulemaking petition filed by Coinbase, a US-based crypto exchange. SEC Chair Gary Gensler supports the Commission’s decision, stating that existing laws a…
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10 months, 4 weeks agoOngoing Legal Battle Raises Concerns Over Foundation's Financial Mismanagement
A court in Liechtenstein has been deliberating for two years on whether it is legal for two trustees to have unrestricted access to millions of dollars. These trustees, along with their lawyer, earn thousands of…
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10 months, 4 weeks agoSEC Denies Coinbase's Request for New Crypto Regulation, Citing Existing Rules
The US Securities and Exchange Commission (SEC) has denied Coinbase’s request for new cryptocurrency regulations. SEC Chair Gary Gensler stated that the existing rules are sufficient and apply to the crypto s…
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10 months, 4 weeks agoFnality International Launches Sterling Fnality Payment System, Revolutionizing Wholesale Finance and Asset Tokenization
Fnality International has launched the first phase of its Sterling Fnality Payment System (£FnPS), a distributed ledger technology (DLT)-based wholesale payment system. The system enables banks to transfer British…
