U.S. District Judge Phyllis Hamilton has ordered that the ongoing securities lawsuit against Ripple will stay in federal court. An ongoing securities lawsuit against payment startup Ripple will stay in federal court, per a recent ruling. The news was announced by lawyer Jake Chervinsky in a tweet on Mar. 1. “The Court has denied the […]
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A bill introduced in the Rhode Island State Assembly would allow some “blockchain tokens” to avoid state securities laws. A bill in the state legislature of the United States state of Rhode Island would exclude “blockchain tokens” from state securities laws. The bill was introduced in the legislature on Feb. 27. The bipartisan bill H5595 […]
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Maltese blockchain and crypto-related companies are reportedly struggling to open bank accounts, as banks are purportedly declining their applications. Blockchain companies in Malta are reportedly struggling with opening bank accounts, local news outlet the Times of Malta reported on Mar. 1. The Times of Malta allegedly contacted a number of legal firms and financial companies, […]
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The IMF has said that Malta does not have the proper supervision for AML and CFT and is calling for “urgent action.” The International Monetary Fund (IMF) has said that the Malta Financial Services Authority (MFSA) has critical gaps in its supervision for anti-money laundering (AML) and combating the financing of terrorism (CFT), and is […]
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Chinese investment firm GSR and Singaporean private equity firm Makara will co-lead a $100 million investment in tZERO. Chinese investment firm GSR Capital and Singaporean private equity firm Makara Capital will co-lead an investment of up to $100 million in tZERO, according to a press release on March 1. TZero is United States retail giant […]
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The Financial Action Task Force has updates its guidelines on digital assets to combat money laundering and terrorism financing. The Financial Action Task Force (FATF), an intergovernmental organization that develops policies against money laundering, has published preliminary guidelines for cryptocurrencies on its website on Thursday, Feb. 28. The FATF held a meeting on preliminary crypto […]
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sponsored A cryptocurrency futures exchange wants to appeal to a wider net of traders by offering crypto futures contracts as well as traditional futures markets, all with zero fees. Blockchain startup Digitex Futures is ready to launch its commission-free futures exchange. The platform is planning to add traditional futures markets — including forex, metals, commodities […]
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Binance Research argues that the implications of JPMorgan Chase’s JPM Coin for the public stablecoin market will be minimal in the near-term. The research arm of top crypto exchange Binance has published an analysis of JPMorgan Chase’s newly announced stablecoin, arguing that the digital coin brings “minimal direct competition” to Ripple’s XRP token in the […]
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Malaysian official reveals that one of the country’s states is eyeing launching a blockchain platform for the needs of the agriculture industry. The Malaysian state of Penang is considering the use of blockchain technology in food and agricultural products supply chains, local English-language newspaper The Star reports on March 1. According to the country’s Deputy […]
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Seven global oil and gas firms including ExxonMobil and Chevron formed Oil & Gas Blockchain Consortium. Seven global oil and gas firms, including American industry giants ExxonMobil and Chevron, have partnered to form a blockchain consortium, according to a press release on Feb. 26. The so-called Oil & Gas Blockchain Consortium, residing under the Offshore […]
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