Tag: firms

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SFC Expands Leverage Rules for Hong Kong Crypto Firms

Hong Kong’s Securities and Futures Commission said Wednesday it will allow licensed brokers to provide virtual asset margin financing and outlined a framework for...

Financial Services Reaches ‘AI tipping point’ with just 2% of Firms Reporting no Usage

The financial services industry has officially moved from experimentation to execution on artificial intelligence, with a new report revealing that just 2 per cent...

Fintechs Back Fed Payments Account That Could Open Rails to Crypto Firms

In brief Fintech trade groups back a proposal for limited Fed payment access for non-bank firms. Banks warn the plan could raise run risk and aid...

EY warns firms they must own the wallet to keep their customers

In the evolving landscape of digital finance, Big Four consultancy firm EY has zeroed in on what it believes is the next defining frontier:...

Crypto firms raise $258m despite $2 trillion market drawdown – DL News

Cs pile on another $258 billion into crypto firms.Mature companies are winning more investment now, DefiLlama data shows.Top investors include Goldman Sachs, Citi, and...

Ether’s crash leaves $686 million gaping hole in trading firm’s book

An ether ETH$2,048.66 bull was caught leaning hard into the upside this week as the cryptocurrency tanked, turning the whale bet into a multi-million...

Crypto Firms Offer Compromises To Save Stablecoin Yield Bill

Some crypto companies have proposed giving community banks a bigger stablecoin role as Senate negotiations stall over the contentious market structure bill.<!-- we’re going...

XRP-linked firms secures full e-money License for EU

Ripple said Monday it had received full approval of an Electronic Money Institution (EMI) license from Luxembourg’s financial regulator, the Commission de Surveillance du...

Hong Kong Group Warns SFC ‘Hard Start’ Could Disrupt Crypto Firms

The Hong Kong Securities & Futures Professionals Association (HKSFPA) warned that the city’s proposed rollout of new crypto licensing regimes may unintentionally force compliant...

‘Anti-Innovation’: Experts Slam Nigeria’s ‘Disproportionate’ Capital Requirements for Crypto Firms

The Nigerian SEC has sharply raised minimum capital requirements for digital asset firms, with offering platforms now needing about $704,000 and exchanges and custodians...

Tokenization firms reject Coinbase's crypto bill equities claims

While Coinbase said that the crypto market structure bill would essentially ban tokenized securities, companies in that sector say that's not the case.