Authority

Bridging Real and Virtual Economies

Source Node:
Time Stamp: July 11, 2023 3:40 PM - Modified On: July 11, 2023 - Published By:
Source Cluster:
Republished By Plato

In an era where decentralized finance (DeFi) promises revolutionary, permissionless, and credit-check-free access to financial services, the limitations to its application lie in the narrow range of digital assets it encompasses. But industry pioneers are working to widen its scope by introducing real-world assets (RWAs) to the digital realm. For instance, in collaboration with the Hong Kong Monetary Authority (HKMA), Ripple is embarking on a research project to try and tokenize real estate. This venture was made public about seven weeks ago as part of a broader initiative, the digital

The Fight for Financial Freedom

Source Node:
Time Stamp: July 10, 2023 5:30 AM - Modified On: July 10, 2023 - Published By:
Source Cluster:
Republished By Plato

As the grasp of regulators tightens on the global cryptocurrency market, exchanges such as KuCoin are being compelled to implement mandatory pre-purchase checks. In tandem, several prominent banks are limiting funds transferred to cryptocurrency exchanges under the guise of protecting customers from fraudulent activities. In the background, the Financial Action Task Force (FATF) is looming over these rapidly evolving regulations. The FATF underscores the significance of Know Your Customer (KYC), Know Your Business (KYB), Know Your Transaction (KYT), and Anti-Money Laundering (AML) regulations applicable to all financial transactions, cryptocurrencies included.

Press Release: TP ICAP announces first live trade through Fusion Digital Assets with GMEX trading and post-trade technology

Source Node:
Time Stamp: May 24, 2023 8:36 AM - Modified On: May 24, 2023 - Published By:
Source Cluster:
Republished By Plato

Fusion Digital Assets – TP ICAP’s wholesale marketplace for spot cryptoassets – is now live and has successfully completed its first XBTUSD pairs trade with the associated settlement processed by Fidelity Digital Assets℠ London, New York, 24 May 2023: GMEX Technologies (“GMEX”), a subsidiary of GMEX Group, a leader in digital business and technology solutions for capital markets players, exchanges and post-trade market infrastructure, today announced that TP ICAP, the world’s largest interdealer broker, has gone live with its Fusion Digital Assets wholesale cryptoasset exchange, powered by GMEX trading and post trade technology.

Paribus. Trust Less.

Source Node:
Time Stamp: May 3, 2023 4:35 AM - Modified On: May 3, 2023 - Published By:
Source Cluster:
Republished By Plato

One month ago, Jerome Powell, head of the Federal Reserve in the US, announced that the banking system was sound and robust despite the collapse of several large banks. After raising rates a further 0.25%, he said, “We’re committed to learning the lessons from this episode and to work to prevent events like this from happening again.” As we prepare for another potential 0.25% rate hike on May 3rd, another major bank in the US, First Republic Bank, has collapsed. Its collapse is part of a larger trend of consolidation

Blockpass heralds Consensus 2023 with the most affordable, built-for-crypto ZK KYC

Source Node:
Time Stamp: April 25, 2023 5:32 AM - Modified On: April 25, 2023 - Published By:
Source Cluster:
Republished By Plato

HONG KONG, Apr 25, 2023 - (ACN Newswire) - Blockpass is excited to reveal that it is sponsoring and attending the Consensus event in Austin, Texas this week, from the 26th to the 28th of April. One of Blockpass' founders, Hans Lombardo, will be available to meet prospective customers and investors as well as press representatives at the event. In addition, Blockpass is offering a temporary discount on its services, with its subscription plans at 50% off their monthly minimum and accompanied by a free 7-day trial. To claim this discount, customers need to

Blockpass Introduces 1st Unhosted Wallet KYC Solution in the Crypto Sector

Source Node:
Time Stamp: November 30, 2022 11:39 AM - Modified On: November 30, 2022 - Published By:
Source Cluster:
Republished By Plato

HONG KONG, Dec 1, 2022 - (ACN Newswire) - Blockpass, the identity verification provider, is excited to announce a vital new service being launched to help businesses conform to new regulatory standards. With the release of Unhosted Wallet KYC(TM), companies are able to remain compliant with new regulatory laws that are coming into play globally in 2023. Unhosted or 'non-custodial' wallets are those for which individuals, rather than financial organizations, control the keys. Whilst many prefer to keep control over their own wallets given the variety of issues with businesses such as exchanges or

Komainu Secures MVP Licence from Dubai’s Virtual Assets Regulatory Authority

Source Node:
Time Stamp: November 22, 2022 8:50 AM - Modified On: November 22, 2022 - Published By:
Source Cluster:
Republished By Plato

Dubai, United Arab Emirates, [22  November] 2022 - Komainu (Custodian), a regulated digital asset custody provider built by institutions for institutions, has announced today that it has received the minimal viable product (MVP) licence from Dubai’s Virtual Assets Regulatory Authority (VARA), following the issuance of its provisional approval in July 2022. The MVP licence means that Komainu can offer an approved range of virtual asset related services to institutional investors in Dubai within an internationally benchmarked legislative framework for virtual asset service providers (VASPs) following completion of its readiness requirements. 

Too Big to Fail?

Source Node:
Time Stamp: October 7, 2022 5:05 AM - Modified On: October 7, 2022 - Published By:
Source Cluster:
Republished By Plato

Several weeks ago we covered Credit Suisse in some of our articles about risk management and regulations. This week they’ve been in the news again for all the wrong reasons, which may have an impact on the crypto market. Once the darling of Wall Street, Credit Suisse is rapidly turning into its nemesis. Following several multi-million dollar fines, they’ve lurched from one scandal to another. In September 2021 the UK’s Financial Conduct Authority issued a statement saying, “The Financial Conduct Authority has fined Credit Suisse over £147 million for serious

888-ADMIT-IT HelpLine Breaks New Ground with Online Support Program to…

Source Node: https://www.prweb.com/releases/888_admit_it_helpline_breaks_new_ground_with_online_support_program_to_help_problem_gamblers_in_partnership_with_seminole_tribe_of_florida/prweb18195953.htm
Time Stamp: September 19, 2021 8:00 PM - Modified On: October 29, 2021 - Published By:
Source Cluster:
Republished By Plato

“We want to lead the way for advancing problem gambling support services available in the United States,” said Jennifer Kruse, Executive Director of FCCG. SANFORD, Fla. (PRWEB) September 20, 2021 The Florida Council on Compulsive Gambling (FCCG) is launching a new, no-cost Online Program for Problem Gamblers (OPPG), created with partnership support from the Seminole Tribe of Florida. Floridians can now access online interactive support immediately, on-demand. No insurance is needed and no additional payments for in-person services are charged. Designed using the latest science, combined with data generated from

Former Halo Composer Ordered to Pay Bungie Nearly $100,000

Source Node: https://www.dbltap.com/posts/former-halo-composer-ordered-to-pay-bungie-nearly-100-000-01ffqd0n96bf?utm_source=RSS
Time Stamp: September 16, 2021 11:28 AM - Modified On: September 16, 2021 - Published By:
Source Cluster:
Republished By Plato

Top GamesMarty O'Donnell was fired from Bungie in 2014. / Photo courtesy of BungieComposer Marty O'Donnell, best known for crafting the scores for both Halo and Destiny, has been found in contempt of court for continuing to use Destiny assets after leaving the company. His uploading of Destiny song clips violated the terms of a previous lawsuit, per Eurogamer.O'Donnell and Bungie parted ways in 2014, when he said he was fired "without cause." At the time, Activision served as publisher for Destiny, and it decided to use its own music