CFTC hits Tether with $41m fine for ‘misleading’ stablecoin claims
US regulator says Tether only backed by reserves for six and a half months between 2016 and 2018.
US regulator says Tether only backed by reserves for six and a half months between 2016 and 2018.
Panel says interoperability of CBDCs is necessary to avoid inefficiencies and poor outcomes.
Speaking at Sibos 2021, Frédéric Oudéa says CBDCs “might be more efficient than, and might replace, cash”.
Ybarra says that banks like Citi must work with, rather than against, change.
Featuring Devoted Health, CoinSwitch, Ajaib, Sky Mavis and Masterworks.
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Sir Howard Davies says the “damned stuff” should be banned.
The granting of the CISA licence to a digital asset-focused bank is the first in Switzerland.
Its new project, mBridge, experiments with new CBDC combinations.
The CBDC pilot with the South Asian country is designed to boost financial inclusion.
The Singaporean crypto platform will also use the $40m raised to secure regulatory licences.
Now is the best time for banks to plan and explore the future before the wave of change hits.
The authorisation will enable SDX to go live with a fully regulated offering.
Payments giant aims to integrate CipherTrace’s crypto security and fraud detection capabilities.
The head-in-the-sand approach of many organisations has created a fertile environment.
Coinbase’s CEO and chief legal officer admonish US markets regulator over lack of clarity.
Eventus will use the Series B cash to continue its growth.
The emergence of blockchain and digital currencies is sparking a new tech battle across the world.
The acquisition marks the eighth investment from the private equity firm’s Investcorp Technology Fund IV.
SEC alleges BitConnect and founder Satish Kumbhani siphoned investor funds into digital wallets.
The firm aims to bring regulated crypto derivatives to its US user base.
India’s central bank is still being “extremely careful” about its tests.
The stock brokerage platform also announced a new crypto offering and a partnership with Plaid.
The firm’s smart finance app will launch in the UK early next year.
UK regulator issued a now-revealed warning to Binance in June.
It is the first international expansion of the service outside the US.
Cryptocurrency platform deploys new systems to improve KYC.
Featuring DriveWealth, Sightline Payments, Bitpanda, PalmPay and Reali.
Austrian firm has now raised around $546 million in total funding.
The “Series B+” investment comes just one month after the firm’s $37 million Series B round.
Featuring Carta, Uala, FalconX, M-DAQ and TaxBit.
The round was led by Facebook co-founder Eduardo Saverin’s B Capital Group and returning investors.
The California-based firm plans further growth and strategic acquisitions.
The firm says it will operate under the supervision of US financial regulators.
Featuring Rapyd, Human Interest, Unico, Matrixport and Kuda.
Another batch of funding rounds that might have flown under your radar.
The deal will see NCR deploy LibertyX across its software suite.
Some of the emerging paytech trends that have gained momentum in APAC.
New firm wants to be Gibraltar’s first digital merchant bank.