SEC charged $1 million against Tether’s former auditor. Tether requested to submit the required documents on USDT backing. According to an order released on Monday, the popular stablecoin issuer Tether’s ex-auditor has been fined $1 million by the US Securities and Exchange Commission (SEC). In 2017, Friedman LLP, a New
Securrency, a leading blockchain-based financial markets infrastructure and products company, announced today that it will deploy its proprietary Digital Asset Composer on the XDC Network, a state-of-the-art blockchain with a mature ecosystem and a particular focus on real-world applications in global trade and finance. Notably, XDC Network is a leading
Jesse Powell stepped down and was replaced by COO Dave Ripley. Kraken does not need to file with the U.S. SEC as per Ripley. To the SEC’s dismay, Kraken’s new CEO has put forward the exchange’s stand. Kraken stated on September 21 that current CEO Jesse Powell will be stepping
Arquant Capital SAS has already launched its new banking service. The bank will market the service under the moniker “Finance Innovation.” According to a statement released on Wednesday, French Bank Societe Generale, the third largest French bank by market cap is entering the cryptocurrency fund industry in response to rising
According to the letter, the commission is making yet another effort to put off dealing. John Deaton said that the SEC has sparked a debate by bringing in foreign exchange. The US Securities and Exchange Commission (SEC) is actively expanding its authority over the digital asset. Sector by initiating various
Actively managed closed-end $25M fund offers shares and tokens to accredited investors in a diversified portfolio that trades in primary and secondary markets NEW YORK–(BUSINESS WIRE)–#algorand—Artory/Winston (the “joint venture”), a joint venture between Artory and Winston Art Group, today announced the creation of its first tokenized and diversified art fund
LONDON–(BUSINESS WIRE)–#alternativeassets—Oasis Pro Markets, the first US-regulated alternative trading system designed to trade digital securities for digital cash, today announced a partnership with Ownera, provider of a global inter-trading network based on the open-source FinP2P protocol, to distribute digital assets over the Ownera FinP2P network. The digital securities industry is
Sparkster and Daya to pay $30 million with $500 K and $250 K as civil penalties. The SEC claims over this point bring Ethereum (ETH) under its jurisdiction. United States Securities and Exchange Commission (SEC) recently filed a lawsuit against Ian Balina specifying the ETH functionality. Ian, a crypto investor
CFTC Commissioner Caroline D. Pham met with Ripple CEO Brad Garlinghouse. Recently, the SEC and Ripple both filed petitions for summary judgment. According to a recent tweet from Caroline D. Pham, an American attorney and commissioner of the Commodity Futures Trading Commission (CFTC), had a meeting with Ripple CEO, Brad
ZUG, SWITZERLAND, 19th September, 2022, Chainwire The GRN Association announced today that it has secured an investment totaling $50M for the GRNGrid project from GEM Digital Limited, a venture capital focused on digital currencies. About GRNGrid GRNGrid is an environmentally friendly, scalable, and stable Layer 1 blockchain, with novel
