Tether Claims to Be Okay With Merger of Class-Action Lawsuits Against It
Stablecoin Tether is reportedly okay with a merger of the three class-action lawsuits it currently faces Go to Source Powered by WPeMatico
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Bitfinex Market Manipulation Lawsuit Refiled in New York and Joined by Second Case
Bitfinex is now being hit by two class-action lawsuits simultaneously, alleging it manipulated the BTC market in 2017 Go to Source Powered by WPeMatico
Authors of New York’s P2P ‘Public Venmo’ Bill Hope for Greater Decentralization
Authors of New York’s new digital payments system Inclusive Value Ledger claim that the initiative is still open for implementing blockchain technology Go to Source Powered by WPeMatico
NY Governor Wants Crypto Firms to Cover Costs for NYDFS Oversight
New York Governor Andrew Cuomo argues that crypto entities licensed under the Financial Services Law should pay for NYDFS oversight Go to Source Powered by WPeMatico
Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, India’s National Blockchain Seminar
In this roundup, we cover several crypto-related actions by the U.S. Securities and Exchange Commission (SEC) and the New York regulator’s crypto job posting. We also cover new Chinese laws, South Korea’s tax clarification, India’s blockchain education, the IMF working with the Philippines’ central bank, as well as crypto regulatory developments in Turkey and Qatar. … Read more
Court Denies SEC Request to Make Telegram Reveal ICO Bank Records
The U.S. District Court for the Southern District of New York has denied the SEC’s request to compel Telegram to reveal its bank records Go to Source Powered by WPeMatico
New York Court Proceeds Against Man Allegedly Linked to OneCoin
A New York court continues the proceedings against man accused of laundering about $400 million of OneCoin Ponzi proceedings Go to Source Powered by WPeMatico
Fidelity-Backed Startup Fireblocks Is Now Certified Secure by Ernst & Young
Digital asset security firm Fireblocks has successfully completed a major examination carried out by Big Four auditing firm Ernst & Young Go to Source Powered by WPeMatico
Fidelity Launching Crypto Services in Europe, Citing ‘Significant Interest’
Fidelity Investments is expanding its crypto services to European clients after seeing increasing potential in this market. The expansion builds upon the company’s U.S. crypto business. “We’ve seen significant interest and engagement by the institutional community, which show no signs of slowing,” the company revealed. Also read: Regulatory Roundup – Crypto ‘Inevitable’ in India, China … Read more
$4 Billion US Fintech Startup Sofi Receives New York Bitlicense
Sofi is a startup valued at over $4 billion which is focusing on providing millennials with student loan refinancing, personal loans, mortgages, and other wealth management and financial services. In September it has added crypto trading to its investing platform as a response to demand from its over 800,000 members, a service it can now … Read more
