A legal expert who is closely following the U.S. Securities and Exchange’s (SEC) crypto case against Ripple says the window for a potential settlement has arrived. Attorney Jeremy Hogan, an XRP propon...
Tag: Settlement
Federal Reserve Sets July 2023 Date for FedNow Instant Settlement Service Launch
The Federal Reserve has announced that its instant settlement service FedNow will launch by July 2023. Over 120 organizations have already signed up to participate in the pilot program, which will beg...
Su Zhu Worried About Jail Term Over Liquidators Class Action Settlement – Report
Su Zhu, a co-founder of Three Arrows Capital (3AC), a Singapore-based cryptocurrency hedge fund firm, delivered an affidavit in person in Bangkok, Thailand, on August 19, as reported by Bloomberg on F...
Congress Should Give Fintechs Access To Fed’s Settlement Services
Future of financial technology concept businessman selecting fintech word getty Last week, the Federal Reserve released new guidelines for providing access to its master accounts and payment services,...
EOS token jumps 17% following court ruling on Block.one settlement
The price of EOS rose more than 17% on Wednesday, just days after a court ruling in the Southern District of New York. At the time of writing, EOS was trading at $1.51, up more than 28% over the past ...
U.S. Judge Rejects $27.5M Settlement Deal Against Crypto Firm Block.one
Lewis A. Kaplan, a United States Judge in the Southern District of New York, has rejected a $27.5 million settlement in an ongoing class-action lawsuit against blockchain development company Block.one...
Judge won’t okay Block.one settlement after lead plaintiff takes lower offer
Listen to this article. A New York judge has refused to green-light a nearly-$30 million settlement against blockchain software company Block.one on the grounds that the lead plaintiff is unable to pr...
Ben Simmons’ Settlement Gives Kevin Durant A Blueprint To Follow
PHILADELPHIA, PENNSYLVANIA – MARCH 10: Ben Simmons #10 and Kevin Durant #7 of the Brooklyn Nets … [+] greet each other during warm ups before the game against the Philadelphia 76ers at Wel...
Australian Securities Exchange completes world-first blockchain settlement scheme test
The Australian Securities Exchange (ASX), one of the world’s leading securities exchanges has successfully completed the world’s first blockchain settlement scheme as the entity seeks to streamline op...
Peter Schiff to Liquidate Euro Pacific Bank in Settlement With Puerto Rican Regulator – Featured Bitcoin News
Gold bug Peter Schiff has settled with Puerto Rico’s financial regulator and agreed to liquidate his Euro Pacific Bank. Schiff stressed that he is not admitting to any legal wrongdoing. Peter Schiff L...
U.S. Women’s National Soccer Team Scores $24 Million Settlement And Equal Pay For Women’s And Men’s Players
Topline A California federal judge preliminarily approved the $24 million equal pay settlement between the U.S. Women’s National Team and the U.S. Soccer Federation, helping close an over 5-year-long ...
Chipotle to pay $20 million to NYC workers as part of settlement
Chipotle restaurant in New York City Scott Mlyn | CNBC New York City Mayor Eric Adams and city officials announced Tuesday that Chipotle has agreed pay about $20 million to roughly 13,000 workers for ...
Cryptocurrencies a ‘Good Alternative to Traditional Settlement Processes’ — Study – Featured Bitcoin News
Cryptocurrencies can be a good alternative to conventional settlement processes because they are underpinned by blockchain technology which enables the instant finalization of transactions without the...
T-Mobile will pay out $350M to customers in data breach settlement
If you were one of the nearly 77 million people affected by last year’s T-Mobile breach, you may have a few bucks coming your way. The company has just announced the terms of a settlement in a c...
Bankruptcy lawyers believe Celsius customers may have to wait years for settlement
Lawyers commenting on Celsius’s recent bankruptcy filing told Reuters that users could face a long, drawn-out process in the path to recover their funds. “Customers should now buckle up for a bumpy ri...
With $185M Settlement Between MLB And Minor Leaguers, League Continues Battle To Save Antitrust Exemption
Major League Baseball settled a class action lawsuit with former minor league players over pay, and … [+] with it the practice of settling cases before the league’s antitrust exemption cou...
Endo Moving Toward Bankruptcy Filing Without Opioid Settlement Deal
Endo International PLC is moving toward a bankruptcy filing, potentially setting off intense conflicts with state and local governments that have sued the pharmaceuticals company for its alleged role ...
Opioid Settlement Drags Walgreens Profits
Walgreens Thursday reported a $229 million quarterly profit that was well below the year-ago period … [+] thanks largely to costs to settle with the state of Florida claims its pharmacies contri...
Bybit enters into settlement agreement with Ontario Securities Commission
Bybit announced that it reached a settlement agreement with the Ontario Securities Commission (OSC) on Thursday, a day after the OSC released a Statement of Allegations against the crypto asset tradin...
Leading Exchange Bybit and Ontario Securities Commission (OSC) Reach Settlement
6 hours ago | 2 mins read Exchange News Bybit said today that it has reached a settlement agreement (the “Settlement Agreement”) with the Ontario Securities Commission (“OSC”) addressing the issues me...
OSC Bans Kucoin; Settlement Agreement With Bybit Approved
The Ontario Securities Commission (OSC) announced today that a settlement agreement between the OSC and Bybit Fintech limited has been approved. However the commission received orders to permanently b...
YGG And Merit Circle DAO Evade Legal Tussle Securing A Settlement
For Merit Circle Ltd and Yield Guild Games (YGG), looking for a neutral settlement for their differences is a more peaceful option. Unfortunately, the DAO decided to eliminate YGG through community vo...
BlockFi fined $943,000 for not registering securities in Iowa; to pay $100M in settlement
? Want to work with us? CryptoSlate is hiring for a handful of positions! Cryptocurrency trading and lending platform BlockFi has been fined $943,000 by the Iowa Insurance Division for failing to regi...
Nigerian Stock Exchange Plans Blockchain-based Settlement by 2023
The Nigerian Exchange (NGX) Ltd. is planning to launch a blockchain-enabled exchange platform in 2023. Per a report by Bloomberg on Friday, NGX said it aims to use the platform in settling capital mar...
Checkout.Com Starts Accepting Stablecoins Payment, Providing 24/7 Settlement
UK-based payments solution provider Checkout.com announced on Tuesday the launch of its stablecoin settlement solution by using Fireblocks’ new crypto payment technology. With this access, Checkout.co...
Checkout.com launches 24/7 stablecoin settlement in partnership with Fireblocks
Global payment processor Checkout.com has launched a new stablecoin settlement system that will allow merchants to process crypto payments from their customers in real time — potentially widening the ...
Payment giant Checkout.com debuts payment settlement in USDC
Checkout.com is joining the likes of Visa and Stripe to facilitate payment settlement in stablecoin. On Tuesday, the $40 billion payment processor announced it is launching a new settlement feature fo...
JPMorgan Pilots Collateral Settlement Using Blockchain
The Wall Street giant is using blockchain technology for collateral settlement. The pilot transaction was conducted last week. First Blockchain Transaction Done JPMorgan Chase & Co. participated ...
JPMorgan Is Using Blockchain for Collateral Settlement
Key Takeaways JPMorgan has begun to use blockchain for collateral settlements, beginning with a pilot transaction performed last week. The transaction involved assets from BlackRock, which was not dir...