Senator Sherrod Brown, Chairman of the Senate Banking Committee, has sent a letter to the US Department of Treasury Secretary Janet Yellen expressing his concerns following the bankruptcy filing of FTX. The crypto exchange, once one of the largest crypto exchanges in the world, filed… Read More
Tagged ftx, janet yellen, sherrod brown, us department of treasury
Gillian Lynch, Head of Ireland and EU at Gemini, notes that they are pleased to announce that Gemini has “registered as a Virtual Currency Operator with Italy’s payments services regulator, the Organismo Agenti E Mediatori (OAM), and as a custodial wallet provider and provider of exchange services… Read More
Tagged Business Expansion, crypto trading, crypto-assets, digital assets, europe, gillian lynch, greece, italy, registration, Regulatory Approval
The Senate Committee on Agriculture will hold a hearing today (December 1, 2022) at 10 AM ET to review the failure of FTX. This Committee holds oversight on the commodities industry and, therefore on aspects of crypto markets that are deemed to be regulated commodities…. Read More
Tagged cftc, ftx, rostin behnam, senate committee on agriculture
SEBA Bank AG, which claims to be a leading crypto bank in Switzerland having a suite of fully regulated banking services, officially opened its Hong Kong office for its subsidiary, SEBA (Hong Kong) Limited (SEBA Hong Kong). SEBA Bank says that it has “a strong… Read More
Tagged apac, asia pacific, banking, Business Expansion, crypto bank, franz bergmueller, hong kong, ludovic shum, regulated banking services, seba, seba bank, seba bank ag, switzerland
Decentralized autonomous organizations (DAOs) are gradually gaining traction in the Web3 space and beyond as many are beginning “to explore possible ways of contributing to one.” While DAOs have significant operational benefits such as organizational transparency, decentralization, and ability “to utilize a wide variety of… Read More
Tagged arbor finance, convertible bonds, daos, decentralization, decentralized autonomous organization, hourglass, shapeshift
The Financial Action Task Force (FATF) has published a report on money laundering from fentanyl and synthetic opioids. The report was co-led by the US and Canada and offers recommendations for countering the illicit drug trade. FATF is a global organization that aims to encourage… Read More
Kraken, the third largest crypto exchange according to Coinmarketcap, has decided to reduce its workforce by 1100 employees representing approximately 30% of its headcount. The reduction in employees was revealed in a blog post today by Kraken CEO and co-founder Jesse Powell. Powell said the… Read More
Tagged jesse powell, kraken
Binance recently announced the creation of an “Industry Recovery Fund” following the collapse of FTX and the collateral damage it has caused to the cryptocurrency industry. Several other platforms have indicated they have been impacted by the bankruptcy of FTX, and several have shut down… Read More
Tagged binance, bitfinex, ftx, paolo ardoino, perspective, recovery fund
The European Central Bank (ECB) has published a blog post that predicts the demise of Bitcoin – the world’s most popular cryptocurrency. Authored by Ulrich Bindseil and Jürgen Schaaf, entitled “Bitcoin’s Last Stand,” the article claims that Bitcoin is in its “last gasp before the… Read More
Tagged bitcoin, ecb, european central bank, jurgen schaaf, ulrich bindseil
ChainUp Group, a global blockchain technology solutions provider, announced the launch of the IPFS Infrastructure Flagship Fund I (the Fund) by its subsidiary Bedrock Trust Pte Ltd, a Singapore-based and licensed asset and wealth management firm. Bedrock Trust will “be the manager of the Fund,… Read More
Tagged asset management, bedrock trust pte ltd, Blockchain Development, chainup, chainup group, choo shu hui, distributed ledger technology, dlt, flagship fund i, infrastructure, ipfs, sailor zhong, singapore, southeast asia, wealth management
INX SUBMITS A BID TO PURCHASE VOYAGER'S ASSETS
NEW YORK and TORONTO, Nov. 30, 2022/PRNewswire/ -- The INX DigitalCompany, Inc. (NEO: INXD, INXATS:INX, OTCQB: INXDF) ("INX"), abroker-dealer and inter-dealer ...
What positives can come out of the FTX scandal for Digital Securities?
This will be one of the topics ofconversation at our latest equitycrowdfunding and investment webinar,‘Everything you need to know aboutDigital Securities’. Last week, the ...
Tokki Seeks to Revolutionize Gift-Giving Through Crowdfunding Campaign
SEATTLE, WA. – Tokki announces thelaunch of their RegulationCrowdfunding campaign on StartEngineto revolutionize gift-giving with ...
Reg A+ : Learn About Raising Up To $75 Million Online with this JOBS Act Securities Exemption
Regulation A has been around for manyyears, but before the JOBS Act of2012, few firms ever utilized thesecurities exemption until the JOBS ...
Reg CF Webinar: Learn How to Raise Money by Crowdfunding
On September 28th, a group ofinvestment crowdfunding experts willconvene in a free webinar to discusshow businesses may raise money underRegulation Crowdfunding or Reg CF. ...
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