2 min read

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New York Attorney General Takes Stand Against Gemini, Genesis, and DCG for Investor Fraud

October 19, 2023

New York’s Attorney General files lawsuit against Gemini, Genesis, and DCG over alleged investor fraud. Industry-wide implications arise.

Tagged 2017 Cryptocurrency Market, 3FA security, Attorney General Letitia James, Aussie crypto investors, Bank of New York Mellon, BCMG Genesis Bitcoin Fund, Capgemini, Digital Currency Group, financial losses, financial regulations, financial restitution, investment fraud, under-regulated industry, unregistered securities

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2 min read

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Digital Euro Project: ECB Kicks Off Preparation Phase Amid Regulatory Scrutiny

October 18, 2023

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ECB initiates a digital euro project, starting a two-year preparation phase to explore the future of central bank digital currencies.

Tagged 2017 Cryptocurrency Market, alternative payment systems, Brazil CBDC, central bank digital currencies, central bank digital currency, crypto criticism, digital euro, ECB announcement, economic innovation, EU Economy, European Central Bank, financial regulations, legislative proposals, monetary policy, user privacy

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3 min read

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ECB’s Digital Euro: Preparing for the Future of Currency

October 18, 2023

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The ECB announces a two-year preparation phase for the digital euro, exploring regulatory aspects and user privacy. What’s the future of currency?

Tagged 2017 Cryptocurrency Market, Advcash, Brazil CBDC, central bank digital currency, Christine Lagarde, crypto controversy, digital euro, ECB, EU elections, European Central Bank, Eurozone, financial regulations, legislative process, monetary policy, user privacy

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2 min read

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Basel Committee Proposes Mandatory Crypto Exposure Disclosure for Banks

October 17, 2023

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The Basel Committee proposes a mandatory disclosure of crypto exposure by banks, aiming for transparency and standardization by 2025.

Tagged 2017 Cryptocurrency Market, AI in banking, Algo-Stablecoins, Anubis, Asset Liquidity, banking supervision, Basel Committee, capital requirements, crypto assets, crypto exposure, disclosure guidelines, financial regulations, Financial Transparency, Market Discipline, public consultation

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4 min read

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Navigating the European Union’s Evolving Financial Regulation: The Cost of Safety vs. Personal Freedom

October 17, 2023

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Discover the implications of Europe’s evolving financial regulations on consumer rights, personal privacy, and the unforeseen costs to institutions and individuals.

Tagged advertising compliance, agrochemicals, AML Directive 5, Anchorage Trust, Anti-Money Laundering, athlete privacy, Billington CyberSecurity Summit, consumer rights, European Union, financial ecosystems, Financial Institutions, financial regulations, Health Data Privacy, personal freedom, regulatory costs

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3 min read

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How AI Could Spark Financial Chaos: Insights from SEC Chair Gary Gensler

October 16, 2023

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SEC Chair Gary Gensler warns about an impending financial crisis due to AI overreliance. Discover insights and implications for the future.

Tagged 2008 Financial Crisis, 2017 Cryptocurrency Market, 2019 technology trends, 3FA security, accounting automation, Algorithic risk management, Artificial Intelligence, cloud services, Deep Learning, EU financial stability, financial regulations, Gary Gensler, investment strategies, machine learning, macroeconomic risks

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3 min read

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Judge Orders Genesis Global to Comply with Terraform Labs Subpoena

October 16, 2023

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A U.S. judge orders Genesis Global to produce documents for Terraform Labs amid ongoing SEC litigation involving Do Kwon and crypto allegations.

Tagged 2017 Cryptocurrency Market, 3FA security, central bank digital currency, court order, court subpoenas, Crypto Bankruptcy, crypto legal issues, crypto market crash, crypto market volatility, Do Kwon, financial regulations, Genesis Global Capital, investor protection, Terra USD, Terraform Labs

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3 min read

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SEC’s 2024 Examination Priorities: A Deep Dive Into Emerging Risks

October 16, 2023

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Discover the SEC’s 2024 examination priorities, focusing on emerging risks in crypto, fintech, and compliance for retail investor protection.

Tagged #crypto, 3FA security, advertising compliance, Africa's Fintech Market, Artificial Intelligence, Billington CyberSecurity Summit, blockchain, emerging technology, examination priorities, financial regulations, retail investors, Richard Best, securities regulation, T+1, transfer agents

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3 min read

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Unraveling the FTX Saga: A Deep Dive into the Bankman-Fried Trial

October 13, 2023

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Dive into the key highlights and insights from the FTX trial of Sam Bankman-Fried as legal battles unveil complex issues surrounding user expectations.