Tag: firms

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Federal Reserve proposes limited master accounts long pursued by crypto firms

The U.S. Federal Reserve took another step toward special limited payment accounts that would give a lighter version of the master-account services the central...

Prediction markets firms take heat in Senate Commerce hearing scrutinizing surge

Prediction markets platforms such as those run by Kalshi and Crypto.com drew two hours of critical questioning in a U.S. Senate Commerce Committee hearing,...

Anthropic, OpenAI tokens plunge as AI firms say pre-IPO share transfers are invalid

The Solana-based tokens marketed as a way to gain exposure to Anthropic and OpenAI before they go public got an unwelcome reality check this...

Bhutan’s Gelephu Speeds Licensing, Banking Access for Crypto Firms

Gelephu Mindfulness City (GMC) in Bhutan is offering an accelerated licensing pathway for crypto and fintech companies already regulated in hubs such as Singapore,...

Bermuda pushes stablecoin payments with USDC airdrop as it courts crypto firms, regulators

Bermuda is aiming to show an example how to move crypto into everyday commerce without breaking the financial system, Premier David Burt said onstage...

Anthropic Teams With Wall Street Firms on AI Venture

Anthropic is launching a new venture with financial services firms Blackstone, Hellman & Friedman and Goldman Sachs to sell AI tools to businesses.The new...

Aave Challenges Law Firm’s Freeze on Kelp Exploit Ether

Decentralized finance protocol Aave filed an emergency motion on Monday in New York to vacate a restraining notice from a US law firm aimed...

XRP-linked Ripple opens North Korean threat intelligence to crypto firms

Ripple is now sharing its internal threat intelligence on North Korean hackers with the crypto industry, the company said Monday, in a move that...

Kraken’s parent company Payward alleges $25 million crypto custody fraud in lawsuit against Etana and firm’s CEO

Payward, the parent company of crypto exchange Kraken, has accused former custody partner Etana and its CEO, Dion Brandon Russell, of misappropriating more than...

Clarity Act text lets crypto firms offer stablecoin rewards while shielding bank yield

Stablecoin yield would be prohibited under the newly released agreement between U.S. Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.) addressing that contentious part...

Japan Requests Real Estate and Crypto Firms Tighten AML Checks on Property Deals

Japan's financial, law enforcement and real estate regulators have issued a joint guidance request warning that crypto assets pose money laundering risk in property...

Bybit CEO says firms need MiFID, EMI licenses for European profit

Snagging a Markets in Crypto Assets (MiCA) license to operate in Europe is great, but, alone, it won't be enough to turn a profit,...