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Paxos’ Blockchain Settlement Platform Goes Live with Settling Credit Suisse and Instinet Trades

Paxos’ Blockchain Settlement Platform Goes Live with Settling Credit Suisse and Instinet Trades

New York-regulated stablecoin issuer, Paxos, launched its blockchain-based settlement platform, after announcing the service in late 2019. The new service enables settlement of US-listed equity trades between broker-dealers Swiss financial services firm Credit Suisse and Nomura Group-backed Instinet.

Ireland's CAB Seizes Bitcoin Worth €52 Million from Drug Dealer

Ireland's CAB Seizes Bitcoin Worth €52 Million from Drug Dealer

Ireland’s Criminal Assets Bureau (CAB) has been given the go-ahead by the high court to seize Bitcoin valued at €52 million, approximately $56 million USD, from a forty-nine-year-old drug dealer.

AI and 5G Integration with Blockchain Infrastructure form Foundation of China's New Deal To Combat 2nd Great Depression

AI and 5G Integration with Blockchain Infrastructure form Foundation of China's New Deal To Combat 2nd Great Depression

AI and 5G integration with Blockchain Infrastructure will form the foundation of China's New Deal To Combat the Second Great Depression

Moelis Investment Bank Launches Blockchain Firm for Crypto Venture Deals

Moelis Investment Bank Launches Blockchain Firm for Crypto Venture Deals

Moelis bank has created a new group to target venture deals into firms across blockchain and crypto industry.

Nordea Bank Ban on Staff Bitcoin Trading Upheld By Danish Court

Nordea Bank Ban on Staff Bitcoin Trading Upheld By Danish Court

A Danish court has ruled that Nordea Bank is within its rights to prohibit its employees from investing in Bitcoin and other cryptocurrencies.

SEC Enacts New Registration Mandate for Key Market Players to Bolster Oversight

SEC Enacts New Registration Mandate for Key Market Players to Bolster Oversight

The SEC introduced new rules requiring liquidity providers to register as dealers or government securities dealers in February 2024, aiming to improve market stability and transparency.

ShapeShift Settles with SEC for Operating as Unregistered Crypto Asset Dealer

ShapeShift Settles with SEC for Operating as Unregistered Crypto Asset Dealer

ShapeShift AG has settled with the U.S. Securities and Exchange Commission (SEC) for operating as an unregistered dealer of crypto asset securities, agreeing to a cease-and-desist order and a $275,000 penalty.

South Korean Car Dealer Launches NFTs to Reduce Paperwork Costs

South Korean Car Dealer Launches NFTs to Reduce Paperwork Costs

Han Sung Motor, a South Korean imported car dealer, has rolled out non-fungible tokens (NFTs) to offer customers a secure and convenient experience because they can check car details using their smartphones.

Laser Digital Secures In-Principal Approval from Abu Dhabi Global Market

Laser Digital Secures In-Principal Approval from Abu Dhabi Global Market

Laser Digital, Nomura's digital asset subsidiary, has received In-Principal Approval from Abu Dhabi Global Market's Financial Services Regulatory Authority. The approval allows the company to offer broker-dealer and asset management services in the UAE, subject to fulfilling specific conditions.

Puerto Rico Police Say No Evidence of Foul Play in MakerDao Co-Founder’s Death

Puerto Rico Police Say No Evidence of Foul Play in MakerDao Co-Founder’s Death

On Friday, local district police in Puerto Rico announced the results of the investigation into the death of MakerDAO Co-Founder Nikolai Mushegian. The report said there is no evidence of criminal elements involved in the death.

PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv

PayPal Officially Confirms that It is Acquiring Crypto Custody Firm Curv

PayPal Inc. has officially confirmed its plans to acquire the crypto startup company Curv.

Crypto Exchange Bullish Plans to Go Public Via SPAC Valued At $9B

Crypto Exchange Bullish Plans to Go Public Via SPAC Valued At $9B

Bullish exchange is the latest crypto firm intending to go public through SPAC in a $9 billion deal.

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