Communication - Page 2 of 52

FINRA Identifies Widespread Violations in Crypto Communications

The Financial Industry Regulatory Authority (FINRA) has identified a staggering rate of potential regulatory violations. In a targeted exam initiated in November 2022, FINRA reviewed over 500 retail communications related to crypto assets from member firms. The findings, disclosed in January 2024, reveal that approximately 70% of these communications potentially violated FINRA’s Rule 2210, which … Continue reading FINRA Identifies Widespread Violations in Crypto Communications

USA and Nigeria to Discuss Digital Economy and AI Advancements for Economic Growth

The United States of America (USA) and Nigeria are poised to explore potential partnership opportunities in the digital economy, emerging technology, and the advancement of artificial intelligence (AI). The discussions aim to strengthen economic ties between the two countries and foster deeper collaborations in these areas. The Deputy Chief of Mission at the U.S. Embassy, … Continue reading USA and Nigeria to Discuss Digital Economy and AI Advancements for Economic Growth

Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?

What happened recently with the Libra Association? Made up of more than two dozen companies and based in Geneva, a few of the founding members, including PayPal, Mastercard, Visa, Stripe, Booking Holdings, and eBay, decided to leave the Libra project. A five-member board governance board was formed after the Libra Association reaffirmed its commitment by holding its inaugural meeting in Geneva, Switzerland, on Oct. 14. … Continue reading Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?

Exclusive: Blockchain Trilemma Solved? Secrets Revealed by Turing Award Winner's Algorand

Blockchain trilemma was initially expressed by Vitalik Buterin, founder of Ethereum, which is claimed to be unfeasible in achieving scalability, decentralization, and security simultaneously in a blockchain. There are numerous blockchain project teams attempting to address the blockchain trilemma, and the Turing Award-winning team Algorand is one promising candidate. We have the pleasure to speak … Continue reading Exclusive: Blockchain Trilemma Solved? Secrets Revealed by Turing Award Winner's Algorand

United States Department of Defense Tests Out Blockchain Technology to Enhance Cybersecurity

The United States Department of Defense (DoD) is considering implementing blockchain technology to enhance its cybersecurity. In the publication titled “DoD Digital Modernization Strategy: DoD Information Resource Management Strategic Plan FY19-23,” outlined the roadmap to implement and support the National Defense Strategy through the lens of cloud, artificial intelligence, command, control and communications, and cybersecurity. … Continue reading United States Department of Defense Tests Out Blockchain Technology to Enhance Cybersecurity

LedgerX “Not Yet Approved” by CFTC to Launch Physical Bitcoin Futures

The United States Commodities and Futures Trading Commission (CFTC) confirmed that LedgerX has not yet been approved to offer physically-settled Bitcoin futures in contrary to previous announcements. LedgerX has officially launched their product on July 31, as they revealed to CoinDesk that they had launched the first physically-settled Bitcoin futures contracts in the U.S, surpassing Intercontinental Exchange’s Bakkt and TD Ameritrade-backed ErisX. CEO of LedgerX, … Continue reading LedgerX “Not Yet Approved” by CFTC to Launch Physical Bitcoin Futures

Bangladesh Sends Graduates Abroad for Blockchain Training with IT Fund

In an effort to increase the level of expertise in the field of distributed ledger technology, the government of Bangladesh has expressed its intentions to send 100 new graduates for blockchain training in Japan and India according to the report by Bangladesh’s English-language newspaper The Daily Star on Aug. 4. The country also plans to … Continue reading Bangladesh Sends Graduates Abroad for Blockchain Training with IT Fund

US Investment Giant Charles Schwab Not Interested in Direct Trade of Crypto

Charles Schwab the US-based brokerage giant, which manages over $3.2 trillion in assets, are dismissing cryptocurrencies for the time being. This decision comes in spite of their competitors ‘Fidelity’ rushing to embrace this new market. According to Rob Farmer, Schwab’s managing director for communications, the firm is not looking to offer direct trading services of … Continue reading US Investment Giant Charles Schwab Not Interested in Direct Trade of Crypto

SWIFT Takes Another Shot at Cryptos, Refers to Them as "Useless and Unsteady"

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has dropped another hammer on proponents of Bitcoin and cryptocurrencies, referring to cryptos as “useless and unstable.” The run-up to the launch of SWIFT’s end-to-end international payments pilot, the company had revealed its proof of concept for the European continent while attending a breakfast in London. FinTech … Continue reading SWIFT Takes Another Shot at Cryptos, Refers to Them as "Useless and Unsteady"

Breaking: London Stock Exchange Rejects £32B Takeover Offer from HKEX

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR IMMEDIATE RELEASE 13 September 2019 Rejection of Conditional Proposal from HKEX Further … Continue reading Breaking: London Stock Exchange Rejects £32B Takeover Offer from HKEX