Finance

Business

Gemini sues its former partner, the bankrupt lender Genesis, for more than $1.6 billion in GBTC

According to the lawsuit, Genesis is refusing to provide further collateral transferred by DCG and instead wants to utilize the shares' original value in...

AlexOctober 28, 2023

Incorrect investment disclosure cost BlackRock $2.5 million in SEC fines

The SEC has lodged an allegation that BlackRock erroneously identified Aviron as a provider of "Diversified Financial Services" in several publicly accessible annual and...

AlexOctober 25, 2023

Business

The spot Bitcoin ETF from BlackRock is now listed on the Nasdaq trade settlement firm

The iShares Bitcoin Trust, managed by BlackRock, already has a ticker and seed funding in place.

ContributorOctober 24, 2023

Finance

The US Treasury sanctions a Gaza-based cryptocurrency operator suspected of having ties to Hamas

OFAC claims there is evidence linking the transaction to Hamas's fundraising and people who have shown support for ISIS.

AlexOctober 18, 2023

Business

Binance.US Suspends Direct Dollar Withdrawals

Binance.US customers in the United States "may convert" their dollars to stablecoins or other digital assets before making a withdrawal.

ContributorOctober 18, 2023

Finance

Hong Kong’s Police and SFC Form Crypto Exchange Monitoring Task Force

In the wake of the JPEX incident, the Hong Kong police and the city's primary securities regulator are coordinating their efforts to keep tabs...

ContributorOctober 6, 2023

Business

UBS tries out an Ethereum-based tokenized money market fund

The project is part of the Monetary Authority of Singapore's broader effort to tokenize real-world assets under the name Project Guardian.

AlexOctober 3, 2023

Finance

BIS Director: CBDCs Cannot Exist Without Changes to the Law

Agustin Carstens, general manager of BIS, emphasizes the need for laws to safeguard the anonymity of CBDC users while allowing for unrestricted financial transactions.

360TSeptember 28, 2023

Finance

Despite opposition from Democrats, the CBDC anti-surveillance bill has passed a House committee

The House Financial Services Committee has approved the "CBDC Anti-Surveillance State Act," which prohibits the Federal Reserve from issuing a central bank digital currency.

ContributorSeptember 21, 2023