“Haru Invest has been growing stronger than ever, even during the volatile market situation, so we are very keen on crypto regulations. Obtaining a VASP registration is one of many milestones for our company, and it will help build trust in the crypto industry for our members by providing secure and compliant digital asset management services.”
Narwhal Finance received strong support from Animoca Ventures and angel investors in a $1 million seed funding round, reinforcing the company’s vision of providing an accessible platform to all.
Darryl Matthew Cohen was arrested this week and is facing three different federal counts of fraud, which could amount to 20 years in prison if convicted, besides the SEC complaint.
Shares in Coinbase fell 15 percent after the US Securities and Exchange Commission threatened a potential enforcement action against the crypto exchange over certain products.
“Sun paid celebrities with millions of social media followers to tout the unregistered offerings, while specifically directing that they not disclose their compensation. This is the very conduct that the federal securities laws were designed to protect against regardless of the labels Sun and others used.”
The Cyprus Securities and Exchange Commission (CySEC) today published a new list of financial services providers that were disbarred from its lifeboat scheme, the Investor Compensation Fund (ICF).
The partnership will also see SlowMist leveraging its deep understanding of various fields, combined with the research and unique insights of HashKey Group’s professional investment team, to study and explore the opportunities for these new technologies in development.
“The nature, scale, and impact of cybersecurity risks have grown significantly in recent decades. Investors, issuers, and market participants alike would benefit from knowing that these entities have in place protections fit for a digital age.”
CoinRoutes’ distributed smart order router allows clients to keep control of their private wallets and keys, empowers users to execute orders across multiple venues simultaneously and securely.
“By introducing securities trading on BISON, we’re making it easy for our customers to diversify their portfolios within a single app. Access to a wide range of asset classes opens up diverse investment opportunities for different market phases. To further empower its customers, BISON plans to continue expanding its offering in the digital asset space in the future.”
A North Carolina court has granted the US Securities and Exchange Commission’s motion for a default judgment against an initial coin offering (ICO) that bilked as much as $10 million out of investors excited by the possibilities of the fraud perpetrated by a former Washington state senator.
Credit Suisse is offering to buy USD and EUR denominated senior debt securities. Offer will expire on March 22, 2023.
With over 100 million registered users and an 80% market penetration rate in the UAE, BOTIM has the ability to become the biggest card-issuing fintech in the region enabling millions of users to access cutting-edge financial services on top of their communication platforms.
“The strength of Truist Securities is our teammates, their focus on partnering closely with our clients, and delivering expertise that helps them achieve their goals. As we look to the future, our client-first approach, ability to navigate complex transactions and long-term view will continue to deliver sustained success for clients and Truist.”
This enforcement action is one of the first times a regulator is claiming in court that ETH, one of the largest cryptocurrencies available, is a security, despite the controversial speech by ex-SEC William Hinman saying ETH is not.
The Cyprus Securities and Exchange Commission has once again stepped up its fight against unauthorized brokers.
The Cyprus Securities and Exchange Commission (CySEC) confirmed on Tuesday that it has wholly withdrawn the Cyprus Investment Firm (CIF) License of FX retail brokerage firm Maxiflex Ltd (trading as EuropeFX).
The defendants allegedly disregarded the structure of the funds, commingled investor assets, and used more than $3.6 million to make Ponzi-like payments to fund investors.
“Our aim is to promote our trading platform for securities products and derivatives, to allow the community to trade and market-make new instruments throughout Asia, extending our market coverage and connectivity in response to our client’s requirements.”
