Democrat Allison Herren Lee and Republican Hester Peirce were asked for their take on what would compel the SEC to prosecute a CCO by moderator Ken Joseph, a former SEC supervisor who is now a managing director at Kroll. Lee said assessing individual CCO liability depends on the facts of...
“SOR has proven to be a key tool in stock trading and allows for hedging against fragmentation by analyzing the market and executing orders towards a unified price.” Apifiny has launched its new Smart Order Routing (SOR) that allows institutional traders to automate and route orders across Apifiny’s 20+ connected...
The government of the United Kingdom on Tuesday introduced two Bills that seek to address the regulation of cryptocurrencies, including their safe adoption and recovering crypto assets, which are the principal medium used for ransomware. “A Bill will be brought forward to further strengthen powers to tackle illicit finance, reduce...
NEW YORK–(BUSINESS WIRE)–May 10, 2022– Beyond Bitcoin, LLC, a Manhattan based minority-owned investment firm, announced today the launch of first-of-their-kind equal-weighted crypto indices to offer a truly diversified alternative to today’s highly concentrated market-capitalization weighted indices. The indices will provide broader exposure to the asset class, addressing an unmet market...
Frankfurt-based Solactive AG to act as calculation agent for first-of-their-kind indices NEW YORK, May 10, 2022–(BUSINESS WIRE)–Beyond Bitcoin, LLC, a Manhattan based minority-owned investment firm, announced today the launch of first-of-their-kind equal-weighted crypto indices to offer a truly diversified alternative to today’s highly concentrated market-capitalization weighted indices. The indices will...
Washington, D.C. — On Monday, over 50 community groups around the country submitted comments to the Biden administration to address the harmful impacts of “proof-of-work” cryptocurrency mining in their localities. In addition to comments submitted outlining state-specific concerns by groups in New York, Pennsylvania, Montana, Kentucky, and Texas, Earthjustice supported...
Banks and Retailers Venture Further into Cryptocurrencies and Blockchain By Maria S. Luevano According to reports, a major U.S.-based global investment bank has allowed a borrower to use bitcoin as collateral for a cash loan, for the first time in the bank’s history. In other financial news, according to reports,...
Gisele Bündchen might be an unexpected person to emerge as one of the leading women in crypto right now. The internationally recognized supermodel and businesswoman has always had a passion for sustainability, serving as the UN Environment Program’s Global Goodwill Ambassador for over a decade and using her voice, influence...
The Consumer Financial Protection Bureau (CFPB) of the U.S. is invoking a largely dormant legal provision to increase its power over crypto and fintech firms. The CFPB announced it would use the rule against “nonbank companies posing risks to consumers.” The rule, targeted at the crypto market, will help protect...
When Bitcoin was first introduced in 2008, few lawmakers could have predicted that cryptocurrencies would grow into a $2.5 trillion asset class. The potential of cryptocurrencies to create a more efficient and inclusive financial system has captured investors’ attention. But the rise of stablecoins, which are largely backed by fiat...
