Blockchain & Digital Assets

November 29, 2023 @ 6:48 pm By Omar Faridi  |  

The US Securities and Exchange Commission (SEC) is requesting the public for additional feedback regarding the proposed spot Bitcoin (BTC) exchange-traded-funds (ETFs) from Franklin Templeton and Hashdex. The SEC stated on Tuesday (November 28, 2023) that it is seeking more feedback from the public regarding… Read More

November 29, 2023 @ 4:24 pm By Omar Faridi  |  

The Philippines Securities and Exchange Commission (SEC) has reportedly issued an advisory against Binance for allegedly carrying out unauthorized business operations. This latest announcement from the Philippines comes shortly after the nation’s SEC stated that it would begin calling out unlicensed exchanges as part of… Read More

November 29, 2023 @ 11:41 am By Omar Faridi  |  

Football star and legend Cristiano Ronaldo is reportedly being sued for promoting Binance and its line of crypto-focused products. Superstar Cristiano Ronaldo is now dealing with a lawsuit that has been filed in a Florida District Court on November 27, 2023. The suit alleges that… Read More

November 29, 2023 @ 11:34 am By JD Alois  |  

Mixers, or platforms that seek to cover the tracks of crypto movement, are making news again as the US Department of Treasury, Office of Foreign Assets Control (OFAC), has sanctioned Sinbad.io (Sinbad) for helping North Korea (the Democratic People’s Republic of Korea (DPRK)) in its… Read More

November 29, 2023 @ 10:25 am By JD Alois  |  

HM Revenues and Customs (HMRC) has posted guidance on how to pay taxes on the income or gains created by crypto investments. HMRC states: “You must pay the full amount you owe within 30 days of making your disclosure. If you do not, HMRC will… Read More

November 29, 2023 @ 10:16 am By Omar Faridi  |  

OKX Ventures, the investment arm of crypto exchange and Web3 technology company OKX, announced its investment in MYX.Finance (MYX), a decentralized perpetual derivative exchange. This investment is part of OKX Ventures’ ongoing effort “to enhance its growing portfolio of DEX projects.” MYX operates on a… Read More

November 29, 2023 @ 8:05 am By Omar Faridi  |  

The BIS published the concluding report of Project Tourbillon, which reportedly demonstrates that “cash-like anonymity” is possible in a retail central bank digital currency (CBDC). The project, developed by the BIS Innovation Hub Swiss Centre, has reportedly tested the concept of payer anonymity, which “provides… Read More

November 29, 2023 @ 2:14 am By Omar Faridi  |  

Laser Digital, the digital asset subsidiary of Nomura, has announced its strategic integration with Talos, the premier provider of digital asset trading technology “for institutions.” This partnership broadens Laser Digital’s reach “among institutional clients while adding a new source of institutional-grade liquidity to the Talos… Read More

November 28, 2023 @ 10:20 pm By Omar Faridi  |  

Truflation, the “independent” and “unbiased” provider of verifiable economic data and indexes, is thrilled to announce its integration with innovative layer1 blockchain Injective to “provide data feeds for the pricing of real-world assets (RWAs) across the Injective ecosystem.” Through the integration of Truflation’s real-time economic… Read More

November 28, 2023 @ 10:19 pm By Omar Faridi  |  

Blockdaemon Institutional Wallet is now supported with cold storage, tokenization features as well as Azure support. Blockdaemon says it is unveiling three major enhancements to the Blockdaemon Institutional Wallet, which include: Cold Storage, Tokenization and Azure Cloud support. These features collectively aim to “enhance the… Read More

November 28, 2023 @ 3:15 pm By Nick Morgan  |  

In the most recent episode of Capital Ideas, David Duccini, CEO and founder of Silicon Prairie Online, shed light on how Silicon Prairie’s portal is leveraging blockchain-based solutions and an Alternative Trading System (ATS) to revolutionize the world of secondary sales in investment crowdfunding. David… Read More

November 28, 2023 @ 12:07 pm By JD Alois  |  

FINRA (Financial Industry Regulatory Authority) has launched a new section of its website to cover its work on crypto or digital assets. FINRA is the entity that oversees all of the broker-dealers in the US. As there are over  624,000 brokers across the country, the… Read More

November 28, 2023 @ 9:40 am By JD Alois  |  

Tokenization or turning an asset into a “digital asset” or digital security makes a lot of sense. By leveraging technology, an asset can be managed more effectively, comply with regulations and be programmed to automatically perform certain services. Today, most investible assets are heavy on… Read More

November 28, 2023 @ 8:24 am By Omar Faridi  |  

SBI Holdings, Inc. announces that it has concluded a Memorandum of Understanding with Circle Internet Financial, a global financial technology firm and the issuer of USDC, the world’s regulated stablecoin, “to circulate USDC stablecoins, establish a banking relationship and promote the use of Circle’s Web3… Read More

November 28, 2023 @ 8:01 am By Omar Faridi  |  

This year, Bitpanda Business claims that it has distinguished itself “as an essential platform for companies stepping into the world of digital investment.” With a 27% increase in the number of business clients using their services, Bitpanda has reportedly enabled “a diverse range of companies,… Read More

November 27, 2023 @ 7:39 am By Omar Faridi  |  

With the ongoing threat of crypto fraud and criminals growing more sophisticated every day, organizations need ever-powerful solutions “to help them investigate and recover stolen funds.” KPMG in Canada and Chainalysis are teaming up “to help meet that growing need by announcing a strategic agreement… Read More

November 27, 2023 @ 7:34 am By Tony Zerucha  |  

Feedzai, a financial crime and risk management solution, and Mastercard are combining technologies to increase crypto fraud protection for hundreds of millions of consumers. Today, an estimated 40% of scam transactions exit directly from a bank account to a crypto exchange. According to Feedzai’s recent… Read More

November 26, 2023 @ 9:44 pm By Michael Wong  |  

Korea’s cryptocurrency industry is poised for significant growth as the global crypto landscape undergoes major shifts, with Chinese crypto exchanges faltering and the world’s largest exchange, Binance, facing legal challenges in the US, the Korea Times reported. In a recent development, Binance was ordered by… Read More

November 26, 2023 @ 10:18 am By Omar Faridi  |  

Stefan Rust, CEO of independent economic data aggregator Truflation, says that the resignation of Binance founder Changpeng Zhao or “CZ” as part of the exchange’s settlement with US authorities marks a “sad” day that should “serve as a clarion call for the build-out of decentralized… Read More

November 26, 2023 @ 10:13 am By Omar Faridi  |  

European Central Bank President Christine Lagarde is known for her anti-crypto stance, referring to virtual currencies as being highly speculative, completely worthless, and often used as a tool by bad actors/criminals for engaging in illicit activities. Recently, the ECB President Christine Lagarde claimed that her… Read More