The festivities in late March were organized by Binance Holdings Ltd. in its de facto home of the United Arab Emirates, which is fast becoming a global hub for digital currencies. Co-founder and Chief Executive Officer Changpeng ‘CZ’ Zhao skipped the event as he recovered from Covid, but he was...
(Bloomberg) — In the shadow of Dubai’s sail-shaped Burj Al Arab hotel, crypto executives rubbed shoulders with Emirati royals, Wall Street bankers and Instagram influencers. Most Read from Bloomberg The festivities in late March were organized by Binance Holdings Ltd. in its de facto home of the United Arab Emirates,...
Pamela Draper at her office in Calgary on April 14. Draper made the switch in 2018 after working for banks for 14 years and is now the President & CEO of a cryptocurrency trading platform Bitvo.Gavin John/The Globe and Mail Four years ago, Pamela Draper said her colleagues were astonished...
Keeping cryptocurrencies in non-custodial wallets may be criminalized in Russia, if authorities accept a proposal from the trade association representing Russian banks. While financial regulators think the idea deserves attention, lawmakers and experts doubt it’s possible to implement such a measure. Russian Banks Move to Curb Use of Private Cryptocurrency...
Banks Plus Bitcoin presentation highlights regulatory considerations for Bitcoin, other digital asset offerings MINNEAPOLIS, April 19, 2022–(BUSINESS WIRE)–Wolters Kluwer Compliance Solutions regulatory compliance expert Thomas Grundy, Senior Director, CMS and Regulatory Consulting for Wolters Kluwer U.S. Advisory Services, will present a workshop discussion, “Banks Plus Bitcoin: A Look at Essential...
A major Russian banking association wants to criminalize keeping your own cryptocurrency keys. The Association of Banks of Russia, an organization including more than 300 Russian banks and financial institutions, has called on lawmakers to criminalize storing crypto outside of centralized exchanges on noncustodial wallets, local news agency Izvestia reported...
A trio of former Citigroup Inc. executives who left the bank last month to form Motus Capital Management, are now seeking to raise $100 million for a pair of actively managed crypto hedge funds. Alex Kriete, Greg Girasole, and Frank Cavallo are the founding partners of Motus Capital. Motus is...