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1 year, 11 months agoFDIC Implements New Rules to Combat Misleading Advertising by Crypto Firms
The Federal Deposit Insurance Corporation (FDIC) of the United States has implemented a new rule that will impact the public perception of certain cryptocurrency firms. The FDIC’s board of directors has finalized r…
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1 year, 11 months agoChina and Saudi Arabia Spearhead Global Shift Away from US Dollar, Is Bitcoin the Next Frontier?
In recent years, there has been a significant shift in the global economic ecosystem as emerging powers challenge the dominance of the US dollar in international trade. China and Saudi Arabia, key players in the…
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1 year, 11 months agoSEC Holds Meetings with Grayscale and BlackRock as Bitcoin ETF Approval Hopes Rise
The U.S. Securities and Exchange Commission (SEC) has been holding meetings with Grayscale and BlackRock regarding the approval of Bitcoin ETF applications. Grayscale’s meeting focused on a proposed rule change t…
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1 year, 11 months agoRipple's XRP Emerges as a Potential Game Changer for Instant Payments in the US
Ripple’s XRP has emerged as a potential solution to the problems of instant payments in the United States. While the country lags behind others in implementing an effective instant payments system, XRP offers an e…
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1 year, 11 months agoFirst-ever Cross-Border Settlement for Digital Yuan CBDC in Precious Metals
The Bank of China’s Shanghai branch has successfully completed the first-ever cross-border settlement for precious metals using the digital yuan central bank digital currency (e-CNY CBDC). The settlement, which t…
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1 year, 11 months agoBitcoin Price Could Reach All-Time High in Four Months, Says Crypto Expert
Bitcoin (BTC) has been performing exceptionally well, surpassing traditional financial institutions with a market cap of around $841 billion. Despite regulatory crackdowns, Bitcoin continues to attract significant…
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1 year, 11 months agoBitcoin NFTs Drive Up Transaction Fees and Spark Mainstream Frenzy
Ordinals inscriptions, also known as “NFTs on Bitcoin,” have become a popular trend in recent weeks. While they are loved by fans and appreciated by miners looking to make a profit, they have also faced cri…
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1 year, 11 months agoBitfinex Securities Raises $5.2 Million in Groundbreaking Tokenized Bond for Microfinance Industry
Bitfinex Securities has successfully raised $5.2 million through one of the world’s first tokenized bonds. The bond, issued by Alternative, a securitization fund under microfinancing platform Mikro Kapital, was d…
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1 year, 11 months agoSouth Korean Financial Supervisor to Meet with SEC Chair to Discuss Crypto Regulation
The head of South Korea’s Financial Supervisory Service (FSS), Lee Bok-hyun, is reportedly planning to meet with the chair of the United States Securities and Exchange Commission (SEC), Gary Gensler, to discuss c…
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1 year, 11 months agoXRP Price Rally in 2024: Analysts Predict Significant Growth Amid Legal Victories and Political Support
XRP, the native cryptocurrency of Ripple, has experienced significant developments in 2023. The token has seen ups and downs, with a notable rally in July that pushed the price above $0.80. The future price of XRP…
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1 year, 11 months agoLedger to Fully Compensate Victims of $600K ConnectKit Exploit and Disable Blind Signing for EVM dApps by June 2024
Hardware wallet provider Ledger has announced that it will fully compensate users who were impacted by a recent vulnerability in its ConnectKit library. The compromise resulted in the theft of approximately…
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1 year, 11 months agoRipple Establishes EU Base in Ireland Ahead of Crypto Regulation Rollout
Ripple, a leading digital asset company, has chosen Ireland as its base in the European Union (EU) in preparation for the implementation of the EU’s Markets in Crypto-Assets (MiCA) regulation. This move d…
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1 year, 11 months agoInternational Securities Regulators Issue DeFi Policy Recommendations to Safeguard Investors and Market Integrity
The International Organization of Securities Commissions (IOSCO) has released a report providing policy recommendations for Decentralized Finance (DeFi). The aim is to address potential risks to market integrity…
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1 year, 11 months agoInternational Securities Regulators Issue DeFi Policy Recommendations to Safeguard Investors and Market Integrity
The International Organization of Securities Commissions (IOSCO) has released a report providing policy recommendations for Decentralized Finance (DeFi). The aim is to address potential risks to market integrity…
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1 year, 11 months agoSolend Expands to Sui Blockchain, Boosting DeFi Momentum
Solend, the leading lending and borrowing protocol on Solana, has announced its upcoming launch on the Sui blockchain. This marks Solend’s first expansion onto a blockchain other than Solana and demonstrates t…
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1 year, 11 months agoSwiss Financial Managers Achieve Rare Success in Spac Industry
Two well-known financial managers in Switzerland have successfully brought a Spac shell company to fruition, a feat that many of their competitors have not been able to achieve. VT5, the first and only Swiss Spac…
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1 year, 11 months agoLGT Wealth Management Appoints Siobhan Archer as Global Stewardship Lead
Siobhan Archer has been promoted to the position of global stewardship lead at LGT Wealth Management. In her new role, Archer will be responsible for overseeing the firm’s stewardship strategy, which includes a…
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1 year, 11 months agoSmaller Swiss Banks Follow Suit as Major Bank Eliminates Account Fees
The Zurich Cantonal Bank (ZKB) has announced its plans to eliminate various account and card fees starting in 2024. This move comes as a response to the ongoing digitization in the banking industry, where the cost…
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1 year, 11 months agoRipple Registered with Ireland's Central Bank, Expands Services in Europe
Ripple, the blockchain enterprise, has been registered with Ireland’s Central Bank, allowing it to offer digital asset services in the country. This move positions Ripple to expand its services across the E…
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1 year, 11 months agoAdobe Cancels Acquisition of Figma Due to Regulatory Hurdles
The mediation process in Switzerland regarding the abusive dismissal of trade unionists has been put on hold. Federal Councillor Guy Parmelin has made the decision to suspend the process, stating that a mutually…
