Blockchain & Digital Assets

September 7, 2023 @ 3:28 pm By JD Alois  |  

At a speech delivered to the pro-market Cato Institute, CFTC Commissioner Caroline Pham has called for a Regulatory Sandbox. The UK Financial Conduct Authority (FCA) pioneered the Sandbox concept. The approach was to allow innovative Fintech firms to test products and services under the watchful… Read More

September 7, 2023 @ 11:59 am By JD Alois  |  

Qualification to Impact Crowdfunding, Digital Assets. The Autorité des Marchés Financiers (AMF) and the Autorité de Régulation Professionnelle de la Publicité (ARPP) have partnered on the “Responsible Influence Certificate” designed to create a seal of approval for social media influencers. The AMF says the partnership… Read More

September 7, 2023 @ 11:37 am By Omar Faridi  |  

China’s cryptocurrency crackdown continues as Weibo has reportedly banned around 80 crypto influencers. Weibo’s management stated that these decisions were made in order to comply with domestic regulatory requirements, which aim to discourage speculation, trading, and promotion of digital currencies. The Beijing-headquartered company said that… Read More

September 7, 2023 @ 9:59 am By JD Alois  |  

The Canadian Securities Administration (CSA) has published its year in review, and one of the sectors discussed is crypto. The CSA is the association that represents all of the country’s securities regulators, which operate largely independently of one another based on the province or territory…. Read More

September 7, 2023 @ 9:28 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) has indicated its willingness for a certain amount of leeway for registered crypto firms to adhere to forthcoming rules. The regulator says that registered or authorized firms may “apply for flexibility”  on implementing a cooling off period when other… Read More

September 6, 2023 @ 9:54 pm By JD Alois  |  

Mirae Asset Securities, an investment firm and brokerage with more than $500 billion in AUM, has chosen Polygon to pursue digital securities or asset tokenization. According to a note from Mirae, the Mirae Asset Security Token Working Group is working to build the infrastructure for… Read More

September 6, 2023 @ 9:35 pm By Omar Faridi  |  

Uldis Tēraudkalns, CEO of Nexpay, a fintech scale-up providing business banking solutions for digital companies, recently shared his views and insights with CI. Licensed by the Bank of Lithuania and operating across Europe, Nexpay reportedly processes over €2.5 billion annually and has helped over 600… Read More

September 6, 2023 @ 4:56 pm By Omar Faridi  |  

State lawmakers in Wyoming have reportedly passed 28 different blockchain-related bills since the year 2019. However, cryptocurrency revenue has been quite limited, even though there have been several different initiatives that were introduced. As covered, crypto VC investments have also shifted towards infrastructure development and… Read More

September 6, 2023 @ 3:33 pm By JD Alois  |  

A report on WSJ.com claims that more executives at Binance are departing the firm. Binance remains the largest crypto exchange in the world by a significant amount of activity, with Coinbase a distant second. The report says that Regional head Gleb Kostarev and Russia chief… Read More

September 6, 2023 @ 3:17 pm By Omar Faridi  |  

Henley & Partners’ inaugural publication is intended for those following crypto-assets private wealth, and investment migration trends — whether global citizens, crypto investors, wealth managers, or private bankers. The update includes key statistics on crypto and Bitcoin millionaires, centi-millionaires, and billionaires provided by global wealth intelligence… Read More

September 6, 2023 @ 12:37 pm By Omar Faridi  |  

Modulus is beginning its recruitment drive in order to support global expansion efforts amidst the rise of digital asset sector. Modulus, a US-based developer of technology powering Wall Street, international banks, digital asset exchanges, and global regulatory commissions, revealed its plans for worldwide expansion. The… Read More

September 6, 2023 @ 11:31 am By Omar Faridi  |  

In a weekly update, SlowMist reveals that there were approximately $830,000 that were lost in Web3 security incidents. According to statistics from SlowMist’s Blockchain Hacking Archive, from August 28 to September 3, 2023, there were “a total of 7 security incidents, resulting in an estimated… Read More

September 6, 2023 @ 11:11 am By Omar Faridi  |  

Travis Kling, a former L/S Equities Portfolio Manager that fell down the “Crypto rabbit hole” who’s now running the Ikigai fund, notes that as summer officially draws to a close, you may have been “away from the screens over the last few months.” Travis has… Read More

September 6, 2023 @ 9:39 am By Omar Faridi  |  

James Butterfill from CoinShares notes that have been minor outflows, but inflows for Bitcoin. So, is negative sentiment “on the turn?” As noted in the update from CoinShares, digital asset investment product flows cooled off, with relatively minor outflows totaling US$11.2 million. This run of negative… Read More

September 6, 2023 @ 9:25 am By Omar Faridi  |  

D3 Global, a domain name company, is pleased to announce the successful close of its $5 million seed funding round, “led by Shima Capital with participation from Lightshift, Dispersion Capital, VentureSouq, Infinite Capital, MZ Web3 Fund, Kestrel0x1, Nonagon, C² Ventures, Arthur Hayes’ Maelstrom, and Identity… Read More

September 6, 2023 @ 7:56 am By Michael Wong  |  

Global crypto exchange and Web3 company OKX has announced its support for the upcoming migration of Dora Factory (DORA) tokens, scheduled to take place on September 6, 2023, at 11:00 (UTC). In line with Dora Factory’s official token migration plan, OKX will cancel all pending… Read More

September 6, 2023 @ 7:29 am By Omar Faridi  |  

Digital currency exchange Coinbase Global (NASDAQ:COIN) is introducing a crypto-asset lending platform that’s meant for larger institutional investors. This, according to a company representative statement issued on Tuesday. As first reported by Reuters, Coinbase has acquired $57 million in capital for its new virtual currency… Read More

September 5, 2023 @ 10:06 pm By Omar Faridi  |  

Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International (CSE:FNQ), has shared key insights with CI. SEC vs Service Provider Developments Keeps Market Volatility Up Bitcoin (BTC) closed last week “around $26,000, a 0.5% decrease in price from… Read More

September 5, 2023 @ 6:22 pm By Omar Faridi  |  

Tokeny and Klaytn Foundation unite for “massive” RWA tokenization adoption in Asia Tokeny, the global tokenization platform, announces its strategic alliance with Klaytn Foundation, an EVM-compatible public blockchain “developed by the renowned Korean IT giant, Kakao.” This strategic alliance is set “to catalyze the widespread… Read More

September 5, 2023 @ 3:54 pm By JD Alois  |  

European Central Bank (ECB) Member of the Executive Board, Fabio Panetta, has issued a speech on a central bank digital currency (CBDC) advocating on behalf of issuing a digital Euro. Europe, like many other jurisdictions around the world, is reviewing the pros and cons of… Read More