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UK Finance Launches Experimental Phase for Regulated Liability Network (RLN)
UK Finance is launching an experimental phase to explore the UK Regulated Liability Network's potential in payment-upon-delivery, homebuying process improvements, and digital bond settlement, aligning with Project Rosalind.
BlackRock and SEC Discuss iShares Bitcoin Trust Listing on Nasdaq
The SEC is reviewing multiple proposals for iShares Bitcoin Trust's listing as a spot Bitcoin ETF on Nasdaq, marking a significant step in mainstream cryptocurrency acceptance.
Coinbase Gains FCM Approval for Regulated Crypto Derivatives Access
Coinbase Financial Markets secures FCM approval, paving the way for regulated crypto derivatives in the US, enhancing trading options but with oversight.
INX to Issue SEC-Regulated CCNA Token, Emphasizing 'Future of Green Automotive Transportation and Logistics' Concept
INX Digital Company, Inc., a US-regulated broker-dealer, ATS, and transfer agent, announced on July 5, 2023, its facilitation of the primary capital raise and issuance of Convertible Concepts Corporation's CCNA Token.
Regulated Stablecoins Likely to Remain in Use by 2030
A panel of digital regulatory experts at the World of Web3 (WOW) Summit in Hong Kong discussed the future of regulated stablecoins. The group concluded that regulated stablecoins are likely to remain in use by 2030 and that their growth rate in the market supports this idea. The panelists acknowledged the growth of the crypto industry and emphasized the importance of both centralized and decentralized approaches to digital assets.
Ziglu Mobile Banking App Makes Cryptocurrency Easy for Everyone
Ziglu, the first UK regulated cryptocurrency bank, has launched its platform app after successfully completing its testing phase.
Unauthorized Cryptocurrency Betting Jeopardizes Jockey Racing Integrity, Warns HKJC Expert
During a presentation at the Asian Racing Conference in Cape Town, South Africa, Tom Chignell, a Hong Kong Jockey Club expert, warned that illegal cryptocurrency betting markets could seriously compromise jockey racing integrity.
India’s Central Bank Clears the Air on Cryptocurrencies not Being Outlawed
India’s central bank, the Reserve Bank of India (RBI), has stated that it had not prohibited cryptocurrencies, such as Ethereum and Bitcoin, in the nation as it only highlighted the risks linked to crypto trading to regulated entities like banks.
Paxos—How the Global Financial Crisis Inspired the Creation of the NYDFS-Regulated Stablecoin
Charles Cascarilla is the CEO and co-founder of Paxos, a financial technology company working to modernize the financial system by digitizing and mobilizing assets. A traditional hedge fund manager and equity investor, Cascarilla was able to recognize the power of blockchain and the function it could have in revolutionizing the way trade is conducted and settled.