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Nalezeno "Financial": 6074

Binance Fined $4.3M by Canadian Financial Regulator for ‘Administrative Violations’

9.5.2024
Canadian regulators hit Binance with a C$6 million ($4.3 million) fine on Tuesday, alleging the crypto exchange committed two separate “administrative violations” of the country’s financial regulations

Crypto for Advisors: DeFi Yields, the Revival

9.5.2024
Crews Enochs, from Index Coop, discusses the revival of DeFi Yields and D.J. Windle answers questions about DeFi investing in Ask an Expert

SEC doesn’t want Ethereum to transform banking landscape, says Joseph Lubin

9.5.2024
Ethereum co-founder Joseph Lubin says the SEC is engaging in strategic enforcement action instead of engaging in meaningful discourse with the cryptocurrency industry

Ex-Google exec to bring Web3 to masses as new Aptos Labs adviser

9.5.2024
David Lawee, former Google vice president of corporate development, will use his Web2 consumer experience to promote blockchain to the mainstream with Aptos

Stablecoins on Bitcoin coming soon, says Lightning Labs CEO

9.5.2024
Elizabeth Stark unpacked the basics of Bitcoin Lightning at FT Live’s Crypto summit and teased a new development on Bitcoin’s leading layer 2

Core Scientific Records $211 Million Net Income in Q1 2024

9.5.2024
Core Scientific reports a turnaround with a net income of $211 million in the first quarter of 2024, marking a recovery from last year's financial losses with 2,825 self-mined Bitcoin. The post Core Scientific Records $211 Million Net Income in Q1 2024 appeared first on Cryptonews

Rwandan Research Paper Recommends CBDC With ‘Partial Pseudo-Anonymity’

9.5.2024
A recent research paper from the National Bank of Rwanda recommends a two-tier, universal, zero-interest central bank digital currency (CBDC) with partial pseudo-anonymity. Although the research paper identifies 15 opportunities for CBDC, only four are said to offer “high potential benefits...

Rwandan central bank proceeds with ambitious retail CBDC project

8.5.2024
The African country is eyeing a tokenized retail CBDC with offline transfer capabilities as it heads toward a cashless economy

Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years

8.5.2024
The bill introduced in the House would impose a fine of up to $100,000 for handling funds from mixers while Treasury writes a report

CBDCs, stablecoins must ensure libertarian values — former CFTC chair

8.5.2024
J. Christian Giancarlo has stressed the importance of upholding values of liberty, privacy and economic freedom in a keynote address in London

Mastercard joins forces with US banking titans for tokenized settlement trials

8.5.2024
The partnership between the significant banking giants in the US and Mastercard is aimed at streamlining multiple asset-class settlements on a shared ledger platform

Nigerian stakeholders demand Binance reveal identity of bribe agent

8.5.2024
SIBAN’s executive secretary, Rume Ophi, stressed that Binance should reveal names to substantiate the claim and allow authorities to address wrongdoing

U.S. Financial Industry to Explore Sharing Ledger Technology for Multiasset Transactions

8.5.2024
Major stakeholders in the U.S. financial sector, including Citi, JPMorgan, Mastercard, Swift and Deloitte, are teaming up to explore sharing ledger technology by simulating multiasset transactions in dollars

Majority of Americans See Financial System as ‘Outdated,’ But Remain Skeptical of Crypto as Solution

8.5.2024
A recent survey conducted by the Digital Currency Group and The Harris Group has revealed that a majority of Americans in swing states view the financial system as "outdated." The post Majority of Americans See Financial System as ‘Outdated,’ But Remain Skeptical of Crypto as Solution...

SEC files final response in Ripple XRP case

8.5.2024
The SEC argues that Ripple’s assertions do not negate the need for injunctions to prevent future violations

Financial system ‘outdated’ but crypto is no fix either: US swing voters

8.5.2024
In a survey by the Digital Currency Group, 70% of swing state voters agreed the current financial system is "outdated" and in need of an overhaul, but most didn’t think crypto was the answer either

Gary Gensler Attributes SEC’s Focus on Crypto to Financial Media and Fraud Concerns

8.5.2024
Gensler emphasized that while crypto represents a small portion of the financial markets, it disproportionally contributes to issues such as scams and frauds, attracting significant media attention. The post Gary Gensler Attributes SEC’s Focus on Crypto to Financial Media and Fraud Concerns...