Stuart Alderoty has already taken charge of steering legal and compliance procedures at Ripple, says the company. Blockchain payments network Ripple announced it had hired a former HSBC general counsel to oversee its legal services and compliance, in a press release Jan. 30. Ripple, which has not had a general counsel of its own since […]
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A savvy strategy and innovative leaders may turn Wyoming into a crypto hub. In the first month of 2019, the state of Wyoming has performed yet another series of power moves showcasing its continued commitment to becoming America’s new crypto hub, even despite recent changes in political leadership. The incoming governor, Mark Gordon, made room […]
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The Monetary Authority of Singapore warned public against a scam that claims crypto is officially adopted in the country. The Monetary Authority of Singapore (MAS) has warned the public against an alleged scam claiming that a cryptocurrency is officially adopted by the government, according to an official statement on Jan. 29. MAS, which is both […]
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Major Japanese messaging app LINE partners with local financial giant Nomura Holdings to create a financial alliance focused on blockchain. Major Japanese messaging app LINE has signed a memorandum of understanding with local financial giant Nomura Holdings to form a blockchain alliance, a press release reveals on Wednesday, Jan. 30. Nomura, which provides investment, financing […]
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U.S.-based blockchain firm TokenSoft has rolled out its Knox Wallet for storing digital securities and other digital assets. San Francisco-based blockchain firm TokenSoft has rolled out a beta version of its wallet for digital assets and digital securities, according to a press release published on Jan. 29. The new product called Knox Wallet provides cold […]
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Deutsche Börse, HQLAx have been actively working on their blockchain-based securities platform, announcing that six banks having launched integration. Major global securities marketplace Deutsche Börse has reported it is “making significant progress” on its blockchain-based securities lending platform, according to an official press release on Jan. 29. The platform is being co-developed by the German […]
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U.S. Government shutdown paralyzed the SEC and CFTC. On Jan. 25, United States (U.S.) President Donald Trump ended the partial government shutdown, albeit temporarily. As a result of the funding package he signed on Friday, the government will be open for three weeks. While the future still seems unclear for U.S. government facilities, which are […]
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Francesco Firano, the founder of hacked Italian cryptocurrency exchange BitGrail, has been sentenced to return as many stolen assets to customers as possible. Francesco Firano, the owner and founder of hacked Italian cryptocurrency exchange BitGrail, has been sentenced to return as much of the assets to his customers as possible. Scans of the court decision […]
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The Italian securities regulator has added crypto company Togacoin to its scam blacklist. The Italian securities regulator, Commissione Nazionale per le Società e la Borsa (CONSOB), has added crypto company Togacoin to its scam blacklist on Jan. 28. The regulator released its warning against Togacoin alongside similar warnings concerning binary options company Smart Choice Zone […]
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Kik says the SEC will be “doubling down on a deeply flawed regulatory and enforcement approach” if it pursues an enforcement action. Tokenized social media startup Kik has warned United States regulators that they would fight back against a proposed enforcement action against the company, the Wall Street Journal (WSJ) reported on Jan. 27. Canada-based […]
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