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1 year, 5 months agoUK Pension Fund Invests $20 Million in First Regulated Bitcoin Derivatives Exchange
The investment arm of UK-based pension fund M&G has invested $20 million in Global Futures & Options Holdings (GFO-X), the country’s first regulated Bitcoin derivatives exchange. This investment is part of a $30 m…
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1 year, 5 months agoRipple's Potential Role in Streamlining International Trade with eBL Interoperability
Swift, BNY Mellon, and Deutsche Bank are collaborating on a project to improve commercial efficiency by digitizing freight invoices using blockchain technology. The initiative aims to reduce fraud and costs…
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1 year, 5 months agoGerman Development Bank KfW to Launch Innovative Tokenized Bond in 2024
German development bank KfW is set to introduce a tokenized bond by 2024, following the successful issuance of a €20 million digital bond. This milestone was achieved through the use of Deutsche Börse’s Clea…
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1 year, 5 months agoAirline Industry Bounces Back, Approaching Pre-COVID Profit Levels
The Swiss bank Pictet has reached a settlement with the United States, agreeing to pay $123 million to resolve a long-standing tax dispute. This comes after years of legal battles between Swiss banks and the US…
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1 year, 5 months agoSouth Korean Regulator Sets Deadline for Interest on Digital Asset Deposits
The Financial Services Commission (FSC) in South Korea has announced new regulations for investors in digital assets. By July 2024, investors must receive interest when depositing funds into an exchange. However,…
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1 year, 5 months agoEl Salvador Launches Citizenship Program for Crypto Investors
El Salvador has introduced the “Adopting El Salvador Freedom Visa Program,” a citizenship-by-investment scheme aimed at attracting the crypto community. Under this program, individuals can obtain residency and pot…
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1 year, 5 months agoLiquidium Raises $1.25M in Pre-Seed Funding for Bitcoin Ordinal Lending, Pioneering New Frontier in Crypto Collateralization
Liquidium, a startup in the lending sector of Bitcoin, has successfully raised $1.25 million in pre-seed funding. This funding round is a significant milestone for the company as it aims to pioneer a new lending…
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1 year, 5 months agoUBS Hires J.P. Morgan Veteran as Global Co-Head of Equity Capital Markets
The Swiss major bank has acquired several advisory teams from Wall Street competitors in the US this year. Now, it is bringing in a veteran from the largest US bank. The US market is one of the most important…
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1 year, 5 months agoCredit Suisse Executives Join American Asset Manager Spectrum Asset Management
Two experienced executives from Credit Suisse have joined an American asset manager, Spectrum Asset Management. Isabel Faragalli has been appointed as the Managing Director of Investments, responsible for…
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1 year, 5 months agoCrypto Exchange HTX Loses $30 Million in Exploit, Investors Withdraw $258 Million
Crypto investors have been withdrawing their assets from the crypto exchange HTX (formerly known as Huobi) after a recent exploit that resulted in a loss of $30 million. Since the exchange resumed its services on…
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1 year, 5 months agoCrypto Lawyer Accuses Senator Warren of Misconduct in Oversight of SEC
A prominent crypto lawyer, John Deaton, has made serious allegations against Senator Elizabeth Warren regarding her oversight responsibilities of the Securities and Exchange Commission (SEC). Deaton claims that…
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1 year, 5 months agoSEC Files Unsealed Documents to Strengthen Binance Lawsuit
The U.S. Securities and Exchange Commission (SEC) has requested the court to consider newly unsealed documents in its lawsuit against cryptocurrency exchange Binance and its former CEO Changpeng Zhao (CZ). The SEC…
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1 year, 5 months agoThe Growing Concern of Cryptocurrency Deaths: Examining the Troubling Phenomenon
The death of Javier Biosca has brought attention to the dark side of the cryptocurrency world. Biosca, a controversial figure in the industry, tragically ended his life by jumping from a hotel in Estepona, Spain.…
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1 year, 5 months agoSecurity Breach Detected: $50 Million Worth of HXA Tokens Stolen in KyberSwap Exploit
A security breach has been detected in the Herencia Artifex NFT project, involving a movement of $50 million in HXA tokens. The tokens were transferred by the KyberSwap exploiter, who obtained them using the…
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bob wrote a new post
1 year, 5 months agoSecurity Breach Detected: $50 Million Worth of HXA Tokens Stolen in KyberSwap Exploit
A security breach has been detected in the Herencia Artifex NFT project, involving a movement of $50 million in HXA tokens. The tokens were transferred by the KyberSwap exploiter, who obtained them using the…
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bob wrote a new post
1 year, 5 months agoFinancial Conduct Authority Criticized for Ineffectiveness in Regulating Cryptocurrency Industry
The National Audit Office (NAO) has expressed concerns about the effectiveness of the Financial Conduct Authority (FCA) in regulating the cryptocurrency industry in the United Kingdom. According to a recent report…
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1 year, 5 months agoFinancial Conduct Authority Criticized for Ineffectiveness in Regulating Cryptocurrency Industry
The National Audit Office (NAO) has expressed concerns about the effectiveness of the Financial Conduct Authority (FCA) in regulating the cryptocurrency industry in the United Kingdom. According to a recent report…
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1 year, 5 months agoUS Government Removes Anti-Money Laundering Provisions for Cryptocurrency from Defense Authorization Act
The United States government has removed two provisions from the National Defense Authorization Act (NDAA) that were aimed at addressing concerns regarding anti-money laundering (AML) in the cryptocurrency…
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1 year, 5 months agoUS Government Removes Anti-Money Laundering Provisions for Cryptocurrency from Defense Authorization Act
The United States government has removed two provisions from the National Defense Authorization Act (NDAA) that were aimed at addressing concerns regarding anti-money laundering (AML) in the cryptocurrency…
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1 year, 5 months agoBinance's Compliance Commitments Unveiled, Signaling Potential Platform Shutdown
Binance, one of the largest cryptocurrency exchanges, is facing significant government oversight in the United States. The company’s compliance commitments with the Department of Justice (DOJ) have been revealed, o…
