2024-10-14 05:26 |
Since 2019, US regulators have collected a total of $31.92 billion in settlements from 25 crypto companies across various lawsuits. origin »
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The landscape of cryptocurrency in the US has been shaped by a series of high-profile enforcement actions, with regulators aggressively pursuing companies that have breached financial rules. The largest action to date was against FTX and its affiliate, Alameda Research, spearheaded by the Commodity Futures Trading Commission (CFTC). In August […]
2024-10-12 10:28 | |
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The SEC’s aggressive digital asset enforcement actions have netted billions in settlements, the bulk of which occurred this year. Since the U.S. Securities and Exchange Commission extended its oversight to the nascent crypto industry in 2013, civil penalties levied against…
2024-9-10 19:39 | |
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The collaboration could significantly enhance global financial efficiency, reduce transaction costs, and promote stablecoin adoption in traditional finance. The post Major Japanese banks back stablecoin platform for cross-border settlements appeared first on Crypto Briefing.
2024-9-7 16:04 | |
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Blockchain's potential to revolutionize global payments could lead to more efficient, transparent, and cost-effective financial systems, despite current challenges. The post Blockchain payments are already cutting costs and streamlining settlements – Binance Research appeared first on Crypto Briefing.
2024-8-30 16:35 | |
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According to the results of the 2023 BIS survey on central bank digital currencies and crypto, only 12% of central banks are planning to issue retail CBDCs in the mid-term. A recent survey by the Bank for International Settlements (BIS)…
2024-6-14 15:34 | |
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ZachXBT, a popular blockchain investigator, accused Floyd Mayweather of being connected to several token scams. Mayweather has a history of involvement in token scams, from lawsuits to court settlements.
2024-6-4 19:37 | |
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Major banks collaborate on a shared ledger PoC to streamline tokenized asset settlements, aiming for a 24/7 interoperable network. The post JPMorgan, Citi, Mastercard, Visa join forces to test tokenized asset settlement on shared ledger appeared first on Crypto Briefing.
2024-5-9 20:47 | |
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The NBA's Victor Oladipo and racecar driver Landon Cassill also struck deals, and a group of Voyager investors said this was the "first tranche" of settlements with promoters of the former cryptocurrency lender.
2024-5-8 20:59 | |
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Sonnenshein said that some of the selling connected to settlements of bankrupt crypto companies like FTX are "largely behind us."
2024-4-11 13:16 | |
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In a groundbreaking development, Ondo Finance has allocated $95 million to BlackRock's BUIDL, facilitating instant settlements for its OUSG token, a first in crypto utilizing a tokenized fund for enhanced transaction speed.
2024-3-28 13:45 | |
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The allocation marks to first example of a crypto protocol leveraging BlackRock's tokenized fund for its own offering.
2024-3-31 20:54 | |
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The crypto exchange Binance's expensive deal with U.S. prosecutors this week bears harsh consequences, but could mean a positive outlook for the company in the long term.
2023-11-23 22:35 | |
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A new report from the Bank for International Settlements (BIS) has revealed a critical insight into the crypto market: no current stablecoin can guarantee full parity with its peg at all times, regardless of its size or backing type.
2023-11-18 22:00 | |
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A consortium of Japanese companies plans to launch a yen-based digital currency, DCJPY, by July 2024. The currency will be used for transactions and settlements of clean energy certificates. The post Japan Clean Energy Certificates to be Tokenized as a Stablecoin on DeCurret Crypto Exchange appeared first on BeInCrypto.
2023-10-12 11:00 | |
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The Bank for International Settlements (BIS), in partnership with central banks within the Eurosystem, has announced the launch of Project Atlas, a proof of concept aimed at exploring the economic impact of crypto assets and decentralized finance.
2023-10-5 00:50 | |
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The Bank for International Settlements and a handful of European central banks are building a system to track international flows of cryptocurrencies.
2023-10-5 13:53 | |
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Options are derivatives that give the purchaser the right to buy or sell the underlying at a pre-determined price at a later date. Quarterly options settlements are closely watched by traders.
2023-9-26 12:52 | |
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Visa started venturing into USDC settlements back in 2021 through a partnership with Crypto. com. Crypto. com’s Australian card program’s cross-border volume was paid for using Ethereum-based USDC.
2023-9-6 18:31 | |
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Recent study by Bank for International Settlements (BIS) underscores potential pitfalls of crypto assets in emerging market economies
2023-8-22 18:45 | |
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FTX Trading Ltd. has filed a revised motion seeking bankruptcy court approval of streamlined procedures to settle small claims against the bankrupt cryptocurrency exchange. In the filing with the U.
2023-8-21 17:00 | |
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Crypto lawyer John Deaton has called out SEC again for profiting off settlements with crypto firms it sues
2023-8-11 18:11 | |
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The Latin American region faces high costs and challenges of traditional settlements, as people sending money to their close ones have to deal with high rates of transfer, and a portion of the population still remains unbanked.
2023-7-25 18:30 | |
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Bankrupted crypto lender Celsius Network reached two settlements that may allow the return of assets to customers and end its bankruptcy proceedings.
2023-7-22 18:59 | |
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Celsius has reached settlements that will allow it to return user assets by the end of 2023, the Wall Street Journal reported. Celsius’ reorganization plan involves returning only part of the crypto users deposited on the platform.
2023-7-22 16:38 | |
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The G20 nations have witnessed a significant development in global regulation for cryptocurrencies. On Monday, the Financial Stability Board, an international body supported by the Bank for International Settlements and consisting of representatives from all G20 economies, unveiled a comprehensive regulatory framework, marking a noteworthy milestone in the regulation of cryptocurrencies worldwide. Although lacking formal […]
2023-7-18 16:20 | |
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The Bank for International Settlements (BIS) said crypto and DeFi have highlighted “tokenization’s promise,” but ultimately, crypto is a “flawed system” that cannot become the “future of money.
2023-6-21 23:30 | |
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Lawyers say they are seeing an increasing number of divorce settlements featuring digital assets.
2023-6-1 16:45 | |
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Institutional clients will be able to trade on the OKX exchange while their digital assets remain safeguarded with Copper.
2023-4-4 18:29 | |
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Nickel Digital is advocating for increased integration of off-exchange settlements in crypto, noting that OES solutions can dramatically reduce fraud and bankruptcy risks Analysis shows 63% of crypto daily trading volume is currently on 7 of the largest crypto exchanges that integrate OES solutions.
2023-3-30 00:13 | |
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Global banks’ exposure to crypto-assets remains minuscule and mostly declined during 2022, the Bank for International Settlements (BIS) said in its latest BASEL III Monitoring report. The post Banks’ direct exposure to crypto less than 1% of total – BIS report appeared first on CryptoSlate.
2023-3-2 18:39 | |
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Nassim Taleb, author of 'The Black Swan,' has launched scathing attack on Edward Snowden, calling him 'despicable individual of very low intellect' after Snowden made derogatory comment about head of Bank for International Settlements (BIS)
2023-2-28 11:51 | |
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Agustin Carstens, the head of the Bank for International Settlements (BIS), has declared victory over crypto
2023-2-22 20:38 | |
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According to the Bank for International Settlements (BIS), the turmoil that affected the crypto market in 2022, leading to billions of dollars in losses, left no discernible mark on the broader financial system. In a February BIS Bulletin, the bank…
2023-2-21 13:11 | |
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Visa’s head of crypto revealed the plans at a StarkWare event this week. The payments giant has been trialing large-value USDC settlements on the Ethereum blockchain. Swarm Markets co-founder Philipp Pieper says Visa’s crypto strategy could be key to further DeFi/TradFi integration.
2023-2-9 17:06 | |
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Cecilia Skingsley, the new head of the Bank of International Settlements (BIS), decried the lack of interconnectedness that will come with the proliferation of central bank digital currencies (CBDCs).
2023-2-7 23:22 | |
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At the StarkWare Sessions 2023, Visa's Cuy Sheffield shared the company's vision for digital assets.
2023-2-6 19:03 | |
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To ban, to contain, to regulate: Three approaches suggested by BIS to prevent 2022 collapse from happening again
2023-1-15 16:14 | |
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The Bank for International Settlements (BIS) has suggested possible solutions to the numerous risks of the crypto industry, including high-profile implosions like the FTX scandal. BIS says decentralization in crypto is illusory In its latest bulletin entitled “Addressing the risks…
2023-1-13 17:04 | |
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Crypto technology could “turbocharge all of those (financial) industries,” Economic Secretary to the Treasury Andrew Griffith said in a meeting.
2023-1-11 16:38 | |
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Bitcoin has been consolidating in the $16,000 to $16,900 zone since Dec. 16. While the flagship crypto’s price has dropped considerably from its all-time high (ATH) of the $68,000 mark in November 2021, BTC’s total amount of transactions rose. According…
2023-1-4 10:22 | |
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Stablecoin adoption continues to go up in 2022 to top $7 trillion, notwithstanding the bearish conditions in the crypto market. Stablecoins dominate settlements According to CoinMetrics, the stablecoin settlement had risen by 15% to hit $7 trillion in 2022 compared…
2022-12-24 18:34 | |
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Russia and Cuba are cooperating in utilizing cryptocurrencies for international settlements in rubles in order to skirt international sanctions. The post Russian Partnership Could Cause Cuban Crypto Crisis appeared first on BeInCrypto.
2022-11-18 20:15 | |
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According to a recently released report by the Bank for International Settlements, the global banks’ crypto exposure currently stands at around 0.01%. While the numbers seem too low, this is a very promising statistic for the crypto landscape. Bank’s Crypto…
2022-10-3 17:30 | |
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The Central Bank of Russia and the country’s Ministry of Finance recently agreed on a bill proposing the use of cryptocurrency for cross-border payments.
2022-9-23 15:30 | |
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Deputy Finance Minister Alexei Moiseev said the policy describes "how to acquire cryptocurrency, what can be done with it" and its use in cross-border settlements.
2022-9-23 17:46 | |
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The draft bill on digital currencies prepared by the Finance Ministry should create a framework for crypto settlements, a statement by a Russian official confirmed on Sept. 19. The post Russia Plans to Offer International Crypto Payment Options, Says Finance Ministry Official appeared first on BeInCrypto.
2022-9-21 18:00 | |
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Following Global sanctions issued against Russia to cripple its economy over the country’s invasion of Ukraine, It seems Russia has had enough time to think of the consequences and is moving to bypass sanctions by legalizing crypto cross-border settlements for the foreseeable future The post Bank of Russia Reportedly Looking at Legalizing Crypto Cross Border Payments appeared first on BeInCrypto.
2022-9-6 20:16 | |
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Russia's famed antagonism towards cryptocurrencies is slowly fading away as the transcontinental country appears to be softening its legislative approach to the asset class.
2022-9-5 17:18 | |
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The official authorities of Iran, which has been under sanctions for more than 40 years, are preparing to allow the use of cryptocurrencies for international settlements. According to local media, the country’s main financial regulator has given the green light to implement a mechanism for using digital coins in foreign trade.
2022-8-10 23:27 | |
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