Search Results for: märtsil 6, 2021

Digital Assets for 1 Billion Rubles Issued in Russia in a Month

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Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional…

Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making

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A lawyer has explained why the U.S. Väärtpaberi- ja börsikomisjon (SEC) will likely lose if the regulator takes crypto exchange Coinbase to court over alleged securities law violations. “The problem is entirely of Gary Gensler’s own making,“ rõhutas ta. Lawyer…

Former SEC Enforcement Chief: Coinbase’s Arguments ‘a Surefire Loser’ and Possibly Criminal

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According to John Reed Stark, crypto exchange Coinbase’s assertions that its business activities were endorsed by the U.S. Väärtpaberi- ja börsikomisjon (SEC) when it approved its initial public offering are “a surefire loser.” According to Stark, the SEC’s approval of…

US Banking Industry in Turmoil: A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of 2023

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2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has sent shockwaves through the financial world, with their combined assets surpassing the top 25 banks that crumbled in 2008. The following is a…

Coinbase Shares Wells Response, Challenges SEC’s Change in Attitude Towards Its Core Businesses

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aprillil 27, Mündi alus, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Väärtpaberi- ja börsikomisjon (SEC) back in March. The company maintained that the…

Do Kwon Challenges SEC’s Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case

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Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Väärtpaberi- ja börsikomisjon (SEC) has no jurisdiction in the matter. The legal team asserts that U.S. law…

With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021

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Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 miljardit, marking the lowest number of BUSD in circulation since April 2021. Lisaks, data indicates…

Blockchain Retail Market Size to Top Over $2 Billion by 2028 — Study

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According to Fortune Business Insights, the global blockchain retail market size is expected to surge from the $172.2 million recorded in 2021 üle $2 billion by 2028. Both the demand for the product by end-users as well as the growing…

Dubai-Headquartered Crypto Exchange MaskEX Launches Virtual Card for Worldwide Spending and Welcomes Ben Caselin as Vice President to Drive Global Expansion Effort

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PRESSITEADE. Dubai, Araabia Ühendemiraadid, märtsil, 2023 – MaskEX, a rapidly expanding third-generation crypto exchange, headquartered in Dubai, has announced the launch of its crypto-backed Virtual Card, enabling users to spend their crypto as fiat in more than 176 riigid…

Investment Fund Focused on Crypto Mining to Be Created in Russia

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The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian…