Tag: settlement
South Africa finishes technical PoC for wholesale CBDC settlement system
South Africa has taken another step closer to implementing its central bank digital currency (CBDC) as the South African Reserve Bank (SARB) concludes [...]
Tesla and EPA reach a settlement after Clean Air Act violations
An aerial view shows cars parked at the Tesla Fremont Factory in Fremont, California on February 10, 2022.Josh Edelson | AFP | Getty ImagesTesla has r [...]
Happy to be regulated? Fallout from BlockFi settlement is a matter of speculation
It might seem unlikely that BlockFi founder and CEO Zac Prince would describe a prosecution that resulted in a $100-million fine for his company as “a [...]
Teva Pharm may pay as much as $3.6 billion in U.S. opioid settlement
Israel-based Teva, the world’s largest generic drugmaker, this week reached a settlement worth $225 million with Texas, comprising $150 million in ca [...]
Bitcoin dated futures with physical settlement go live on Eqonex
The Nasdaq-listed digital assets financial services company Eqonex has launched a new type of Bitcoin (BTC) investment product, a BTC dated futures co [...]
Japan's Biggest Bank to Issue Yen-Pegged Stablecoin for Settlement: Report
Mitsubishi UFJ Trust is set to issue a stablecoin as a means of payment in aiming to bring about instant settlement of securities transactions.
www.c [...]
IRS court settlement doesn’t clarify crypto staking taxes
In May 2021, a Nashville couple known as the Jarretts filed a lawsuit against the United States Internal Revenue Service (IRS) over taxes they had pai [...]
Tesla receives subpoena from U.S. securities regulator over 2018 settlement
The subpoena by the U.S. Securities and Exchange Commission was issued on Nov. 16, some 10 days after Musk asked his Twitter followers https://bit.l [...]
U.S. SEC approves new U.S. exchange with blockchain feed, faster settlement
The new exchange, named BSTX, aims to launch in the second quarter, said Jay Fraser, a director. It will initially trade securities, such as stocks o [...]
EU regulator calls for public input on DLT for trading and settlement
The European Securities and Markets Authority (ESMA) is seeking stakeholder input on the use of distributed ledger technology for securities tradin [...]
Hemp grower crowdfunds court case, tokenizes shares in settlement
Hemp grower Apothio has raised $330,000 for a lawsuit against Kern County, California via what’s known as an Initial Litigation Offer on the Republ [...]
Chinese banks log forex settlement surplus in November – News Track English
Chinese banks log forex settlement surplus in November News Track English
english.newstracklive.com [...]
China to halve settlement fees for stock index futures and bond futures trading in 2022
SHANGHAI (Reuters) – China’s financial futures exchange said on Friday it will halve settlement fees for stock index futures and bond futures t [...]
Bank of International Settlement calls the rise of decentralized finance ‘an illusion’ in latest quarterly review
On Monday, the Bank of International Settlement, or BIS, a financial institution owned by central banks worldwide, published a report scrutinizing [...]