China has announced new rules on overseas IPOs, potentially sparking the resumption of Chinese companies listing in New York. Under the new rules, the China Securities Regulatory Commission (CSRC) wil...
Tag: Services
SEC’s Crypto Regulation Proceedings Reach to Custody Services
US SEC looking for expansion of existing custody services to include crypto Earlier it took actions against crypto staking services and barred a crypto exchange from it The tightening of regulatory gr...
Cudos partners Fetch.ai to boost AI services
The wordplay of “Cudos” and “Kudos” has started on Twitter since an announcement by Cudos. Its community is leaving no opportunity to appreciate the move in which it has partnered with Fetch.ai to ena...
New York Department of Financial Services orders Paxos to stop BUSD stablecoin creation
Join Our Telegram channel to stay up to date on breaking news coverage Recently, rumors emerged that Paxos Trust, a regulated company that created the Binance USD (BUSD) stablecoin, received a notific...
Interactive Brokers Launches Crypto Trading Services for Institutional Clients
On February 14, the global brokerage business Interactive Brokers, which has its headquarters in the United States, made the announcement that it will be launching its cryptocurrency trading services ...
South Korea to examine crypto staking services following the Kraken case
As reported by a local publication on Feb. 15, Korean financial authorities are looking into the staking services market. However, as the unnamed official specified to the journalists: The fears of th...
South Korea Regulators To Inspect Crypto Staking Services
The crypto industry has expressed concerns as regulatory scrutiny continues to intensify. In today’s news, South Korean financial authorities disclosed plans to examine cryptocurrency staking services...
South Korea planning to review local staking services
South Korea’s financial regulators are planning to review local staking services, according to Forkast News. The country cited the recent contradiction between the U.S. Securities and Exchange C...
Bitcoin-friendly DBS Bank to offer crypto services in Hong Kong
DBS Bank has revealed that it’s seeking regulatory approval from Hong Kong authorities to offer crypto services to its regional customers. Last year, the bank recorded a four-fold surge in demand for ...
Coinbase Will ‘Happily’ Defend Crypto Exchange’s Staking Services in Court, Says CEO Brian Armstrong
Coinbase CEO Brian Armstrong says that the staking services offered by the US crypto exchange are not securities. Hot on the heels of the U.S. Securities and Exchange Commission (SEC) shutting down th...
SEC To Propose New Rules For Services Rendered By Crypto Firms
The crypto space is apprehensive due to the recent enforcement actions by U.S. regulators on some firms. One of the latest reports is about Paxos Trust company, the issuer of Binance USD stablecoin. T...
‘Been there, done that.’ Suze Orman admits to making this ‘5-figure’ money mistake — but pros say there’s a very good way to fix it
Suze Orman Getty Images for WICT “When it comes to credit card debt, I’ve been there, done that. As in 5-figure debt,” Suze Orman recently wrote on her blog. But she says, if you find yourself in a si...
ND Labs Introduces Enterprise Blockchain Development Services
[PRESS RELEASE – Please Read Disclaimer] ND Labs, an international blockchain consulting and development company, has announced the launch of enterprise blockchain development services. In January 202...
Coinbase Executives Stand Up for Crypto Staking Services
Trade in cryptocurrencies Executives at Coinbase are defending the company’s cryptocurrency staking services, arguing that they cannot be categorized as a security and threatening to take the su...
Coinbase to defend against staking services ban in court
Brian Armstrong, the CEO of Coinbase, made a remark on Twitter where he declared that Coinbase’s staking services are not securities. Armstrong also added that the company would gladly defend this pos...
Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach – Bitcoin News
Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking services offered on its platform do not constitute securities. The statements, made in the wake of the $3...
Crypto Staking Services in US Under Threat of SEC Intervention
Crypto staking services in the United States are under threat. The Securities and Exchange Commission has made staking the latest enemy of traditional finance, but some companies intend to fight back....
Coinbase’s Chief Legal Officer Claims Staking Services Not Securities
Exchange News Staking services do not constitute securities since they do not pass Howey test as per Paul. Grewal claims that neither crypto staking nor Coinbase’s offering fulfils any conditions. The...
Tether Utilizing Services of Cantor Fitzgerald for Managing Bond Portfolio
8 seconds ago | 2 mins read Altcoin News Cantor Fitzgerald is assisting Tether in managing a $39 billion bond portfolio. The USDT issuer had effectively cut off its exposure to commercial paper. Accor...
Kraken Agrees to Cease Staking Services for U.S. Clients
The United States Securities and Exchange Commission and the cryptocurrency exchange Kraken have come to an agreement that will result in Kraken no longer providing staking services or programs to cus...
Streaming Services Continue To Proliferate, As Does Password Sharing—For Now
Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images. SOPA Images/LightRocket via Getty Images In an about face, Warner Bros. Discover has announced that it will not combine ...
ChatGPT Has Sparked an AI Craze. How to Build a Long-Term AI Portfolio.
Artificial intelligence has sparked new competition in internet search—for the first time in decades. Here’s how to build an AI portfolio. Feb. 10, 2023 6:06 pm ET It has been more than 70 years...
‘Midnight Massacre:’ SEC Crackdown on Crypto Staking Services Prompts Speculation of Further Enforcement Actions – Regulation Bitcoin News
On Feb. 9, 2023, the cryptocurrency community learned of the U.S. Securities and Exchange Commission’s (SEC) crackdown on staking services. The SEC fined Kraken, a cryptocurrency exchange, $30 million...
Coinbase says its staking services are not securities
Missteps in regulating the technology underlying staking ecosystems may have serious — and negative — consequences, including forcing U.S. consumers to less-regulated foreign platforms, Coinbase Chie...
DeFi Staking Tokens Volatile Following SEC’s Crackdown On Staking Services
– Advertisement – The SEC’s crackdown on centralized staking services has induced volatility in liquid staking tokens. Traders poured into DeFi staking due to the uncertainty surrounding ...
I’ll inherit $40,000 from my grandmother. Should my husband and I boost our kids’ college savings accounts, or pay off credit cards and student loans?
After a terrible battle with dementia, my grandmother died a few weeks ago. She did not leave much, but I will — along with my siblings — receive about $40,000 in life insurance. I am trying to figure...