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Nalezeno "Settlement ": 796

Blockchain is the answer to Russia's settlement issues, banking exec says

15.3.2023
There is no technical reason preventing Russia from creating its own blockchain-based system, blockchain provider Fuse Network's CEO believes

Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits

13.3.2023
Circle Financial, the issuer of the stablecoin USDC, is partnering with Cross River Bank after its former settlement partner, Signature Bank, was closed by New York regulators, according to a statement from CEO Jeremy Allaire. “The 1:1 redeemability of all USDC in circulation is of paramount...

BIS Releases Report On ‘Project Icebreaker’ — Develops Cross-Border Retail CBDC Payment Model

8.3.2023
The Bank for International Settlements (BIS) has released a report summarizing the “Project Icebreaker” trial, which explored the potential advantages and difficulties of utilizing a retail central bank digital currency (CBDC) in cross-border payments. The experiment was designed...

Nexo Crypto Lender Resolves Multistate Lawsuit with $22.5M Settlement – Here's What Happened

1.3.2023
The crypto lender Nexo has resolved a settlement for $22.5 million with multiple US states, after the Ohio Division of Securities became the latest state regulator to join in. The firm, which is led by Bulgarian entrepreneur Kosta Kantchev, will pay $424,528.30 per jurisdiction that has joined...

WiPay delivers WiCoin Settlement Network on Hedera

1.3.2023
The leading payments company of the Caribbean, WiPay, came out and made its official announcement of the deliverance of the WiCoin Settlement Network on the Hedera mainnet. The WiCoin Settlement Network happens to be the first-ever multi-territory settlement network in the Caribbean. This very...

Ohio Joins $22.5M Multistate Settlement Against Crypto Lender Nexo

28.2.2023
The North American Securities Administrators Association and the U.S. Securities Exchange Commission already announced in January that a settlement had been reached

Ceffu (Formerly Binance Custody) to be Custodian of Flynt Finance for Enhanced Asset Security and Off-Exchange Settlement

27.2.2023
PRESS RELEASE. Flynt Finance, a cryptocurrency portfolio management platform, has announced a partnership with Ceffu, formerly known as Binance Custody, to provide its clients with enhanced asset storage security and access to its off-exchange settlement solution, Mirror. Ceffu is an institutional...

Coinbase new blockchain seen as 'massive confidence vote' for Ethereum

24.2.2023
One Ethereum bull hopes the launch will help onboard a host of other crypto companies and financial institutions onto Ethereum

Voyager to Hold Onto $445M of Alameda Loan Repayments Pending Court Order or Settlement

23.2.2023
FTX's trading arm filed suit in January to recover the loan repayments made before its own bankruptcy filing

'Regulators let the bad guys get big' — Kraken CEO speaks out after SEC settlement

20.2.2023
According to Jesse Powell, U.S. regulators allowing bad actors in the crypto space to “suck up users, revenue and venture capital” could effectively destroy "the good guys"

Crypto regulation decided by Congress, not the SEC: Blockchain Association

15.2.2023
The group's policy head doubted a divided Congress can create crypto legislation but said it doesn’t give regulators absolute authority in the interim

Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach

13.2.2023
Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking services offered on its platform do not constitute securities. The statements, made in the wake of the $30 million settlement that Kraken, another U.S.-based crypto exchange, completed with the U.S....

Nexo shutters US Earn product a month after settling with regulators

13.2.2023
The shutdown of Nexo’s earn product follows from a multi-million dollar settlement the firm paid last month with U.S. regulators

What Does Kraken's SEC Settlement Mean for Crypto Staking?

10.2.2023
Kraken had a pretty lousy day, but the industry is more interested in what this means for staking

Kraken CEO Calls on Congress to Protect US Crypto Industry Following Settlement With SEC Over Staking Program

10.2.2023
The CEO of crypto exchange Kraken, Jesse Powell, has called on Congress to pass a law to protect the U.S. crypto industry after the Securities and Exchange Commission (SEC) took action against his trading platform over its crypto staking service. Kraken’s CEO Responds to SEC Action Kraken...