Tag: Settlement

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‘Extraordinarily Unusual’ for CFTC to Reverse Gemini Settlement Deal: Ex-chair

A former chairman of the US Commodity Futures Trading Commission (CFTC) responded to the agency’s move to vacate a $5 million settlement with cryptocurrency...

CFTC Seeks to Reverse Gemini Settlement

The US Commodity Futures Trading Commission has asked a federal court to vacate its $5 million settlement with crypto exchange Gemini, claiming that the...

Mastercard Wins NY BitLicense, Deepening Push Into Stablecoin Settlement

The payments giant, which processed nearly $11 trillion in volume last year, secured one of the US's most demanding state crypto licenses as it...

U.S. CFTC files request to erase Gemini settlement that it no longer considers fair

The U.S. Commodity Futures Trading Commission wants to tear up the remnants of an old dispute with crypto exchange Gemini, with the agency insisting...

Former Silvergate Exec Sheds Light SEC Settlement

The former chief risk officer of Silvergate revealed she made the decision to settle with the US securities regulator in 2024 to avoid a...

UK Proposes Near-24/7 Settlement to Prepare Markets for Tokenization

The Bank of England on Monday proposed extending operating hours for its core settlement infrastructure toward near-24/7 availability, part of a broader push with...

Brazil’s central bank bans stablecoin and crypto settlement in cross-border payments

Brazil's central bank has banned electronic foreign exchange (eFX) providers from using stablecoins, bitcoin or other cryptocurrencies to settle overseas remittances.BCB Resolution No. 561,...

Visa (V) expands stablecoin settlement network as volume hits $7 billion run rate

Visa (V) is expanding its stablecoin push by adding support for five more blockchains as it leans into a multichain approach to global payments.The...

RedStone Launches Settlement Layer to Address RWA Liquidity Gap in DeFi Lending

RedStone, a decentralized oracle provider, has launched a new settlement layer for decentralized finance, aiming to make tokenized real-world assets (RWAs) usable as collateral...

PayDo Launches C2B Settlement Accounts to Accelerate Pay-by-Bank Transactions

PayDo, the UK-licensed Electronic Money Institution, has officially launched new customer-to-business (C2B) settlement accounts. The new feature, housed within its all-in-one electronic money solution,...

Singapore Gulf Bank Launches In-Bank Settlement for USDC on Solana

The bank says it plans to add other stablecoins across multiple blockchains to the service.Singapore Gulf Bank (SGB) announced on Friday that it has...