The cryptocurrency industry is abuzz with speculation after recent reports suggested China may soften its stance on a yuan-backed stablecoin, but law experts caution against overinterpreting the news.Reuters reported Wednesday…
In brief
Ripple's shares trade at a discount to its XRP holdings
VivoPower is trying to buy them for discounted XRP exposure.
The shares aren't owned by Ripple itself, a person familiar with…
In brief
House Republicans have attached anti-CBDC measures to an upcoming Defense Bill.
The U.S. remains the only major economy to halt retail CBDC development.
Stablecoins have gained traction in the U.S. as…
Scope Prime, the prime brokerage and institutional liquidity
division of Rostro Financial Group, has expanded its cryptocurrency offering.
The firm added 77 new digital assets to its platform. Trading hours for cryptocurrencies…
In brief
Lead plaintiffs notified the court that Yacov Baron withdrew his intervention motion and settlement objections, removing the final barrier to approval.
The settlement covers roughly 89,000 BlockFi Interest Account holders…
In a move set to redefine the white-label prop trading landscape, PropAccount is preparing to unveil its most flexible and ambitious feature yet: full customization of challenge structures, account rules,…
Taiwanese prosecutors have reportedly indicted 14 people in what they say is the country’s largest-ever cryptocurrency money laundering case, involving more than 1,500 victims and over $70 million in illicit…
In brief
Singapore bank DBS is tokenizing structured notes on Ethereum.
The notes will give investors exposure to crypto markets.
DBS is the latest TradFi institution to move into the tokenization…
Eightcap, the Melbourne-headquartered forex and contracts for differences (CFDs) broker, has appointed Michael Clifton-Jones as its new Chief Commercial Officer, in what appears to be an internal promotion.New CCO at…
Australia’s financial crimes agency, AUSTRAC, has identified serious concerns about the local arm of Binance’s anti-money laundering and counter-terrorism financing (AML/CTF) controls and ordered the company to appoint an external…