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SEC plans scrutiny of crypto dealer-brokers, transfer agents, per 2024 exam guide
16.10.2023
The SEC sets examination priorities based on feedback from examiners and input from investors and the industry
Manta's Layer-2 Blockchain Already Plans to Ditch OP Stack for Polygon
16.10.2023
The network, which just went live a couple weeks ago as a so-called optimistic rollup – the core underpinning of OP Stack – will now become a “ZK-rollup,” which is what Polygon’s software kit provides
New Documentary Exposes the Turbulent Downfall of FTX and Sam Bankman-Fried
15.10.2023
According to Bloomberg, the media firm plans to release an eye-opening documentary on Sam Bankman-Fried and the shocking downfall of his once-prominent exchange FTX. The film, “Ruin: Money, Ego and Deception at FTX,” is slated for an October 26 debut. It promises a deep dive into the staggering...
Moscow Exchange Plans to Issue Real Estate Digital Assets by 2024
14.10.2023
The Moscow Exchange, the largest exchange in Russia, has announced plans to issue real estate digital assets in 2024. According to Sergei Kharinov, director of digital assets for the platform, this will lower the entry barrier for qualified and unqualified investors to put part of their portfolio...
India’s Central Bank RBI Launches CBDC Pilot in Call Money Market
14.10.2023
India’s central bank, the Reserve Bank of India (RBI), has initiated a pilot for a second use case of its wholesale central bank digital currency (CBDC), focusing on the call money market. The Indian central bank reportedly plans to expand its e-rupee testing to cover the entire wholesale...
Brazil Committee Recommends Indicting Binance Officials, CZ
12.10.2023
A congressional committee in Brazil has concluded that four Binance officials, among them company CEO Changpeng Zhao (CZ), should be indicted. The suggestion follows a probe targeting crypto platforms suspected of operating pyramid schemes and can potentially affect the global crypto company’s...
BlackRock's Bitcoin ETF Plans Raise Concerns About Centralization, Notes Arthur Hayes
12.10.2023
According to a recent Tom Bilyeu interview with Arthur Hayes, co-founder of BitMEX, the possible entry of asset management behemoth BlackRock into the Bitcoin sector could reshape the leading cryptocurrency in ways that diverge from its original ethos.
While traders and investors anticipate...
Crypto Exchange Woo Plans to Repurchase Own Shares Acquired by 3AC – Report
11.10.2023
Crypto exchange WOO has successfully recouped shares and tokens acquired by the failed hedge fund Three Arrows Capital (3AC), the exchange confirmed on Oct. 6.
3AC was apparently the largest investor in WOO’s Series A funding round raised back in November 2021. WOO has also agreed to cancel...
Brazilian securities regulator plans sandbox for tokenization in 2024
9.10.2023
Daniel Maeda with Brazil's CVM said during Rio Innovation Week the regulator plans to explore a regulatory sandbox for use cases of tokenization potentially starting in 2024
Kraken to Expand Its Presence in Europe With Acquisition of Dutch Crypto Broker
7.10.2023
Crypto exchange Kraken has unveiled its plan to acquire Dutch crypto broker Coin Meester B.V. (BCM). Kraken explained that the Netherlands is a key market in its European expansion plans. “We are committed to growing our business in compliance with European regulations,” the exchange...
Kraken eyes Europe business boost, plans to acquire BCM
6.10.2023
Kraken recently announced its decision to acquire Coin Meester BV in the Netherlands. The Dutch crypto broker will help Kraken expand its reach in Europe. BCM, or Coin Meester BV, was founded back in 2017, becoming one of the most well-reputed crypto brokers in the Netherlands. Since then,...
A Shot at Full Recovery? Amazon’s Billions to Anthropic Ignite Hopes for FTX Creditors
4.10.2023
FTX creditors might see a silver lining following the recent partnership between Anthropic and Amazon, as the tech behemoth unveiled plans to pour up to $4 billion into the budding artificial intelligence (AI) startup. Over on the social media haven X, a cadre of FTX creditors, united under...
EU Plans for Wholesale CBDC Out Within Weeks, French Central Banker Says
3.10.2023
A central bank digital currency usable by financial markets is moving faster than a more controversial plan targeting regular citizens
DOJ Plans to Call Former FTX Customers and Investors as Witnesses in Sam Bankman-Fried's Trial
2.10.2023
The US Department of Justice (DOJ) is preparing to call former FTX customers, investors, and employees as witnesses in the upcoming trial against disgraced CEO Sam Bankman-Fried.
The move aims to shed light on the creditors’ and stakeholders’ expectations regarding FTX's handling of their assets...
Bankman-Fried Trial to Feature Customer, Investor, and Co-Conspirator Testimony
2.10.2023
In a letter to the judge published Saturday, prosecutors laid out plans to call customers, investors, and co-conspirators to testify in next week’s trial of Sam Bankman-Fried. The former CEO of cryptocurrency exchange FTX faces charges of fraud and conspiracy for allegedly misusing customer...
US Spy Agency Plans to Launch Generative AI Tool to Amplify Intelligence Gathering
29.9.2023
Reports indicate that the U.S. Central Intelligence Agency is poised to unveil a generative artificial intelligence (AI) tool, akin to Openai’s Chatgpt, to significantly enhance investigative efforts. Randy Nixon, the head of the CIA’s Open-Source Enterprise division, explained that this...
Ripple Retracts Acquisition Plans for Fortress Trust
28.9.2023
Following the letter of intent to acquire Fortress Trust, Ripple CEO Brad Garlinghouse announced the company has decided “not to move forward with an outright acquisition.” Garlinghouse didn’t cite specific reasons for dropping the deal but said Ripple planned to remain an investor...
Crypto exchange Kraken plans move into US stock trading: Report
27.9.2023
The firm reportedly acquired a broker-dealer license from the U.S. Financial Industry Regulatory Authority as part of the expansion plan
Moneygram Introduces Non-Custodial Crypto Wallet for Cross-Border Payments
26.9.2023
Moneygram, a leading money transfer company, announced plans to launch its own non-custodial digital wallet in partnership with the Stellar Development Foundation. The wallet will enable users to convert between fiat and digital currencies when sending cross-border payments. Moneygram Partners With...
NASA plans to prove its next Moon landing is real using blockchain
25.9.2023
The Isle of Man and Florida-based computing startup Lonestar are partnering with NASA to pioneer a blockchain-verified, data storage solution on the Moon