Tag: settlements
Do Kwon’s Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms
“The recent high-profile cases against Terra/Do Kwon and Ripple, with penalties reaching hundreds of millions or even billions of dollars, do signal a [...]
Crypto Exchange OKX Quietly Settled ‘Failings’ Related to Okcoin With Malta Financial Services Authority (MFSA)
"On 22 January 2024 the MFSA agreed to settle pending matters with the Company after demonstration of goodwill by the Company," the regulator said. "A [...]
Blinken Says New Israeli Settlements in West Bank Are Illegal, Reversing Trump Policy
Mr. Blinken said he was disappointed with the announcement from Israel’s finance minister of plans for thousands of new residences in Palestinian terr [...]
At Core of Purdue Pharma Case: Who Can Get Immunity in Settlements?
A broad ruling by the Supreme Court could mean the end of a strategy for resolving claims of mass injury in bankruptcy court in which organizations re [...]
Binance, Changpeng 'CZ' Zhao to Pay $2.85B Fine in CFTC Settlement
Crypto exchange Binance and its founder, Changpeng "CZ" Zhao will pay nearly $3 billion in fines to the Commodity Futures Trading Commission to settli [...]
Singapore central bank to trial live wholesale CBDC for settlements
A pilot program for a live Singapore dollar-based central bank digital currency (CBDC) was unveiled by Singapore’s central bank with a wholesale CBDC [...]
Analyst Sets Bullish Ether (ETH) Price Target as Ethereum Blockchain Settlements Soar to 7-Month High
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Poland’s Bank Millennium aims to conclude 1,000 settlements a quarter on FX loans
A logo of Millennium bank, Polish unit of Portugal's Millennium BCP, is pictured on the flag in front of the bank headquarters in Warsaw, Poland Apri [...]
Settlements giant DTTC acquires blockchain infrastructure developer Securrency
The Depository Trust & Clearing Corporation (DTTC) has signed an agreement to acquire Securrency, a digital asset infrastructure developer. The ac [...]
JPMorgan moves into deposit tokens for settlements: Report
Financial giant JPMorgan is making another move into the crypto space with a new blockchain-based solution for cross-border transactions, reveals a re [...]
Visa (V) Expands Blockchain Payment Capabilities by Expanding Circle’s USDC Settlements to Solana (SOL)
“By leveraging stablecoins like USDC and global blockchain networks like Solana and Ethereum, we're helping to improve the speed of cross-border settl [...]
Celsius Network reaches settlements to exit bankruptcy
Bankrupted crypto lender Celsius Network reached two settlements that allows it to return assets to customers and end its bankruptcy proceedings, acco [...]
Crypto Can’t Be Used as Money Due to ‘Inherent Flaws,’ the Bank for International Settlements (BIS) Said After the FTX and Terra Collapses
Despite the millions of retail and institutional investors getting involved in the growing sector, “crypto has so far failed to harness innovation to [...]
BIS, Bank of England concludes blockchain int’l settlements pilot
The Bank of England and the Bank for International Settlements (BIS) Innovation Hub London Center have tested a blockchain-powered settlements system [...]
ConsenSys zkEVM set for public testnet to deliver secure settlements on Ethereum
ConsenSys has announced the upcoming release of its zero-knowledge Ethereum Virtual Machine (zkEVM) rollup to a public testnet on March 28, allowing f [...]