Search Results for: Michel

HashKey Group Secures Licenses from Regulator to Operate Virtual Asset Trading Platform

Hong Kong-based digital assets company Hash Blockchain Limited (HBL), a member of the HashKey Group, announced to secure regulatory approval from the Securities and Futures Commission of Hong Kong (SEC) to operate a virtual asset trading platform. HashKey said the company now has received a Type 1 (dealing in securities) and a Type 7 (providing … Continue reading HashKey Group Secures Licenses from Regulator to Operate Virtual Asset Trading Platform

New York Federal Reserve Partners With MAS to Research on wCBDCs

A new collaboration between the Federal Reserve Bank of New York’s New York Innovation Center (NYIC) and the Monetary Authority of Singapore (MAS) has been confirmed to be targeted toward research into wholesale Central Bank Digital Currencies (wCBDCs). This joint experiment seeks to assess the possibilities and the use cases of wCBDCs as payment for … Continue reading New York Federal Reserve Partners With MAS to Research on wCBDCs

UK to Invest in AI Task Force

The United Kingdom is making significant investments in the development of its technology sector. UK officials recently announced the formation of an AI task force that will receive an initial funding of £100 million to accelerate the country’s readiness for the adoption of artificial intelligence. This task force will prioritize public services and aim to … Continue reading UK to Invest in AI Task Force

JP Morgan Executive Warns of Banking Collapse

In a recent interview with Bloomberg Television, Bob Michele, the chief investment officer of JP Morgan Asset Management, expressed concern over the future of regional banks in the United States. Michele was particularly worried about how these banks will operate once the Federal Deposit Insurance Corporation (FDIC) and Federal Home Loan Banks (FHLB) emergency lending … Continue reading JP Morgan Executive Warns of Banking Collapse

HashKey PRO Moves to Expand Retail Services in Hong Kong with New License Application

HashKey PRO, a Hong Kong Securities and Futures Commission (SFC)-licensed virtual asset trading platform, has taken a major step towards broadening its services in the region. The firm announced that it has submitted an application to provide retail services in Hong Kong under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap 615). This move signifies … Continue reading HashKey PRO Moves to Expand Retail Services in Hong Kong with New License Application

Former FTX Executive Under Investigation for Potential Campaign Finance Violations

Ryan Salame, the former co-CEO of FTX Digital Markets, is reportedly under investigation by U.S. authorities for potential violations of campaign finance law. Salame, along with his girlfriend Michelle Bond, who ran as a Republican candidate for New York’s 1st congressional district in 2022, are at the center of this investigation. The authorities are specifically … Continue reading Former FTX Executive Under Investigation for Potential Campaign Finance Violations

Federal Reserve's Bowman Discusses Digital Currency Innovations Amid CBDC Debate

On October 17, 2023, Governor Michelle W. Bowman of the Federal Reserve Board addressed a roundtable at Harvard Law School, delving into the contemporary discourse surrounding innovations in money and payments. The talk comes at a pivotal juncture as digital assets like crypto-assets, stablecoins, and Central Bank Digital Currency (CBDC) continue to pique the interest … Continue reading Federal Reserve's Bowman Discusses Digital Currency Innovations Amid CBDC Debate

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