Tag: Financial services industry
Boosting Hong Kong’s Financial Market Infrastructure: CMU OmniClear & HKEX Partnership
In a recent development poised to bolster Hong Kong's financial market infrastructure, CMU OmniClear Limited, a subsidiary of the Exchange Fund, and Hong Kong...
US Banks Now Allowed to Custody Bitcoin as SEC Retires SAB 121
US Banks Now Permitted to Custody BitcoinIn a groundbreaking development, the US Securities and Exchange Commission (SEC) has announced the retirement of the highly...
Coinbase Executive Urges Banks to Halt or Avoid Crypto Services, FDIC Letters Revealed
Coinbase Executive Urges Banks to Halt or Avoid Crypto Services, FDIC Letters RevealedCoinbase's chief legal officer, Paul Grewal, has recently made headlines...
Tokenized Treasuries vs Stablecoins: JPMorgan’s Perspective on Blackrock’s BUIDL
JPMorgan recently released a research report stating that tokenized treasuries are unlikely to fully replace stablecoins in the crypto market. While it is possible...
Coinbase UK Fined $4.5 Million for Customer Breaches – CoinJournal
Coinbase UK, a subsidiary of the Coinbase Group, has been fined £3.5 million ($4.5 million) by the Financial Conduct Authority (FCA) for repeatedly breaching...
The Rise of Altcoins: Exploring the World Beyond Bitcoin
In the ever-expanding universe of cryptocurrencies, Bitcoin might have been the first to gain widespread recognition, but alternative cryptocurrencies, commonly known as altcoins, have...
