Bitcoin News / Bitcoinist - 3 months ago
Binance, the world’s leading digital asset exchange, has exhibited resilience and growth following its recent settlement with the US regulatory bodies. The settlement, which addressed allegations of money laundering and sanctions evasion, marke...
Bitcoin News / Bitcoinist - 3 months ago
A recent Fortune Magazine report revealed that the New York Department of Financial Services (DFS) is set to announce a settlement with Genesis Global, a subsidiary of the crypto conglomerate Digital Currency Group (DCG).
In a statement shared with...
Bitcoin News / Bitcoin.com - 3 months ago
According to the New York State Department of Financial Services (DFS), Genesis Global Trading has agreed to a settlement fine of $8 million and will forfeit its New York state Bitlicense as part of the agreement over compliance failures. Adrienne Ha...
Cryptocoins News / Finance Magnates - 3 months ago
Genesis Global Trading has agreed to a settlement
with the New York Department of Financial Services (NYDFS). The company, known
for its crypto lending services, will pay a fine of $8 million, relinquish the
BitLicense obtained in 2018, and cease all...
Bitcoin News / Bitcoinist - 3 months ago
Dubai, January 9, 2024 – Zeebu, the Web3 Neobank for telecoms, is delighted to share the successful global trial of its platform. This trial involved more than 80 telecom businesses worldwide and surpassed half a billion in settlement volume, marking...
Cryptocoins News / CoinJournal - 4 months ago
Digital Currency Group (DCG) settles Genesis debt.
Besides settling Genesis’s debt, DCG has repaid a total of $1B to its creditors.
Memeinator’s MMTR token presale has raised $3.2M in its eleventh stage.
Digital Currency Group (DCG) has...
Bitcoin News / Bitcoin Magazine - 4 months ago
Now that we have seen how instant settlement can affect the construction industry let’s see the next industry that can have a huge impact - logistics.To begin, let's examine the logistics industry through the lens of an online order example. What unf...
Cryptocoins News / Blockchain - 4 months ago
FTX debtors propose a $220M litigation settlement over their Embed acquisition, involving ex-CEO Sam Bankman-Fried, with the aim of recovering the full investment. (Read More)
Bitcoin News / Bitcoinist - 4 months ago
The Securities and Exchange Commission (SEC) is in the spotlight once again in relation to Ripple, and not for the right reasons. This time, Ripple’s Chief Legal Officer (CLO) has made some revelations as it pertains to the Commission and how they tr...
Cryptocoins News / CoinJournal - 4 months ago
BarnBridge DAO, founders to settle SEC charges for $1.7M over unregistered SMART Yield bonds.
SEC alleges failure to register crypto asset securities, cites violation of securities laws.
Gurbir Grewal emphasizes blockchain compliance, highlighting t...
Cryptocoins News / Blockchain - 4 months ago
The Bank of China's Shanghai branch successfully settled a $14 million e-CNY CBDC for gold, marking a significant advancement in digital currency's role in international trade. (Read More)
Bitcoin News / Bitcoin.com - 4 months ago
The Shanghai branch of the Bank of China has completed the first settlement of precious metals using the digital yuan. The transaction, finalized on December 19, allowed the Shanghai Gold Exchange to close a $14 million precious metal trade after rec...
Bitcoin News / Bitcoinist - 4 months ago
In a significant development, FTX Debtors and FTX Digital Markets have announced a global settlement agreement with the Joint Official Liquidators (JOLs) representing FTX Digital Markets.
The settlement, subject to court approvals, addresses the com...