SEC pulls own appeal in case over crypto broker-dealer rules

Coinbase founder Brian Armstrong and chief legal officer Paul Grewal spoke about the company’s Wells notice from the SEC on YouTube and at Consensus 2023. 318 Total views 14 Total shares Own this piece of history Collect this article as an NFTExecutives of cryptocurrency exchange Coinbase took their company’s regulatory issues to the public on…

Major global banking group HSBC has implemented tokenization technology into its receivables infrastructure for corporate clients in India, according to an announcement on June 18.The British multinational financial services company has reportedly launched its Digital Accounts Receivable Tool (HSBC DART), based on tokenization technology developed by Australian blockchain-powered Fintech company Identitii Ltd., the firm said…

CEO of Calibra, Facebook’s digital wallet for its proposed Libra stablecoin, has attempted to debunk the notion of Libra’s threat to the global financial system.Not new money but a better payment networkAmid the ongoing meeting between Libra founders and 26 global central banks in Basel, Calibra CEO David Marcus has stepped up to protect the…

The world's largest financial asset management firm is making a major push into digital assets, beginning with Bitcoin. 102 Total views 15 Total shares According to a new blog post published on Thursday, cryptocurrency exchange Coinbase said it is partnering with BlackRock, the world’s largest financial asset manager, to provide its clients with direct access…

The United States government has stood by its evidence presented against alleged OneCoin money launderer and former attorney Mark Scott.In a memorandum filed on March 24, the government responded to Scott’s appeal that the prosecution provided insufficient evidence that the funds he handled were derived from illicit activities during November’s proceedings — where a jury…

The 24-hour trading volume of major cryptocurrency exchange Binance’s futures markets has exceeded $150 million denominated in Tether (USDT).On Sept. 10, a Reddit user published their findings on Binance’s futures markets performance. Over the past 24 hours of trading, the figures reached notable volumes in the Bitcoin (BTC)/USDT pairing, bringing the daily trading volume to…

In my two-decade career at Microsoft, leading .NET platform architecture, visual studio .NET development, application platform, enterprise strategy and Microsoft Digital, I have been part of building technologies for multiple waves of platforms: the early web, service-oriented architectures, the so-called Web 2.0, and more recently, the Cloud.While there is no doubt that previous waves of…

A group led by one of South Korea's leading plastic surgeons, Dr. Kim Byung Gun, has made a major investment in crypto exchange Bithumb’s holding company. Bloomberg reported the news Friday, Oct. 12.The surgeon’s BK Global Consortium has closed a deal to acquire “50 percent plus one share” of BTC Holding Co. – the largest…