Rootoshi
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11 months agoSwiss Cities Basel and Zurich Settle Tokenized Bonds Using Wholesale CBDC
The cities of Basel and Zurich in Switzerland have made history by settling tokenized bonds using a wholesale central bank digital currency (CBDC) issued by the Swiss National Bank (SNB). This milestone was…
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11 months agoCoinbase Shares Could Serve as an Index Play for Traditional Finance Firms, Says Reflexivity Research Co-Founder
Will Clemente, co-founder of Reflexivity Research, suggests that Coinbase shares could serve as an “index play” for traditional finance firms looking to gain exposure to the cryptocurrency sector. Clemente bel…
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11 months agoCrypto Influencers Targeted in Recent Surge of SIM-Swap Attacks
SIM-swap attacks have been on the rise in the week leading up to Christmas, targeting prominent figures in the crypto industry. Founders of Manifold Trading, Rug Radio, and other crypto influencers have fallen…
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11 months agoCrypto Company Registrations in Spain Surge by 56% in 2023
The number of registered crypto companies in Spain saw a significant increase in 2023, growing by approximately 56%. According to the official registry published by Spain’s central bank, 30 companies were granted a…
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11 months agoChina Urges Global Cooperation for Cryptocurrency Regulation
The People’s Bank of China (PBoC) has released its latest financial stability report, addressing the regulation of cryptocurrencies and decentralized finance (DeFi). In the report, the PBoC emphasizes the need f…
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11 months agoHong Kong Regulator Opens Doors to Spot Crypto ETFs
Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), has announced that it is ready to receive applications for spot crypto exchange-traded funds (ETFs). In collaboration with the Hong K…
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11 months agoPaxos Receives Regulatory Approval to Launch Stablecoin on Solana Blockchain
Stablecoin issuer Paxos has received regulatory approval from the New York Department of Financial Services (DFS) to launch its products on the Solana blockchain. This is a significant development as Paxos has…
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11 months agoCurve Finance Community Votes to Reimburse $61 Million Hack Losses
The community of Curve Finance, a decentralized finance (DeFi) protocol, has voted to reimburse liquidity providers (LPs) who were affected by a $61 million hack in July. The vote, which saw 94% of tokenholders…
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11 months agoSEC Lawyers Admit Misrepresentation in Enforcement Case Against Mining Software Firm
Lawyers representing the United States Securities and Exchange Commission (SEC) have admitted to making errors in court filings regarding a mining software firm, Debt Box. The SEC had previously claimed that Debt…
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11 months agoDeFi Protocol BarnBridge Settles with SEC Over Unregistered Crypto Product
The decentralized finance (DeFi) protocol BarnBridge has reached a settlement with the United States Securities and Exchange Commission (SEC) after being accused of conducting an unregistered sale of structured…
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11 months agoIkigai Sells $65 Million Claim in FTX Bankruptcy Proceedings
Ikigai, an asset management firm, has sold its claim in the bankruptcy proceedings of cryptocurrency exchange FTX. The firm revealed that a majority of its hedge fund’s assets were on FTX when it collapsed. The C…
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11 months agoHong Kong Regulators Issue New Rules Allowing Crypto ETFs for Investment Funds and Asset Managers
The Securities and Futures Commission (SFC) of Hong Kong and the Hong Kong Monetary Authority (HKMA) have issued new rules allowing investment funds, brokerages, and asset managers to offer Crypto ETFs. These…
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11 months agoCoinbase Receives VASP Approval in France, Expands European Presence
Cryptocurrency exchange Coinbase has been granted approval to operate as a Virtual Asset Service Provider (VASP) in France. This registration allows Coinbase to offer a wide range of products and services to…
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11 months agoLGT Completes Acquisition of Abrdn's Discretionary Fund Management Business, Expanding Regional Presence
LGT, a wealth management company, has successfully acquired Abrdn’s discretionary fund management business in the UK and Jersey. The deal, valued at £140m, was announced in February and has now been finalized. As…
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11 months agoSEC Admits to Inaccurate Statements in Fraud Case Against Crypto Firm Debt BOX
The U.S. Securities and Exchange Commission (SEC) has admitted to making inaccurate statements in an ongoing case against cryptocurrency firm Debt BOX. The SEC alleges that Debt BOX defrauded investors of almost…
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11 months agoHong Kong Embraces Crypto ETFs, Setting High Standards for Digital Asset Innovation
Hong Kong has announced that it is ready to accept applications for spot crypto exchange-traded funds (ETFs), marking a significant shift in the crypto landscape. The move is part of Hong Kong’s efforts to p…
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bob wrote a new post
11 months agoHong Kong Regulators Issue New Rules Allowing Crypto ETFs for Investment Funds and Asset Managers
The Securities and Futures Commission (SFC) of Hong Kong and the Hong Kong Monetary Authority (HKMA) have issued new rules allowing investment funds, brokerages, and asset managers to offer Crypto ETFs. These…
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bob wrote a new post
11 months agoPaxos Receives Regulatory Approval to Expand USDP Stablecoin to Solana Blockchain
Paxos, a major player in the stablecoin market, has received regulatory approval from the New York Department of Financial Services (DFS) to expand its stablecoin offerings to the Solana blockchain. This is a…
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11 months agoSEC Chairman Faces Backlash from Crypto Industry Over Lack of Regulations
SEC Chairman Gary Gensler is facing backlash from the crypto industry over the lack of regulations provided by the United States Securities and Exchange Commission (SEC). In a recent interview, Gensler discussed…
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11 months agoBarnbridge DAO Settles with SEC for $1.7M Over Unregistered Crypto Bonds
The Barnbridge DAO has reached a settlement with the Securities and Exchange Commission (SEC) over the sale of unregistered crypto bonds. The settlement, which amounts to $1.7 million, includes a cease and desist…
