The unnamed firms must shut down because they lack securities registration, according to an order issued by state Attorney General Letitia James. Her office asked three other cryptocurrency-related companies to submit detailed explanations of their business models.
U.S. banking regulators on Thursday finalized a rule that directs banks to report any major cybersecurity incidents to the government within 36 hours of discovery.
2019 was a banner year for mobile banking with finance apps accessed more than one trillion times and registrations growing...
While several major crypto trading platforms are making large-scale layoffs and freezing hiring, some of their rivals have rushed to reassure their staff and the public that they are sticking to their recruiting plans despite the current market downturn.
Kristin Lemkau, chief marketing officer at JPMorgan, says the bank has limited its web ads to 5,000 from 400,000 in an effort to improve the quality of ad displays; marketers have taken a programmatic advertising approach which features ads across the web based on browsing habits versus investment in individual sites; the new limitations for JPMorgan use a more customized white listing approach and are also the result of fewer ads on YouTube following recent issues. Source
Only a few months ago Mark Cuban was criticizing cryptocurrencies as a bubble, he is now backing a new fund; Runa Capital principal Nick Tomaino founded the fund 1confirmation, according to a filing with the Securities and Exchange Commission; "I think Nick is one of the sharpest minds in the space, and I'm a big believer that there will be transformational apps built on blockchain," Cuban told CoinDesk; the recent change in opinion by Cuban points to a trend from Wall Street that shows more traditional finance players accepting the value of cryptocurrencies; the fund will make $100,000 to $500,000 investments and focus exclusively on cryptocurrency assets. Source
In a speech delivered early today by the Financial Conduct Authority Chief Executive Nikhil Ratha, the top UK regulator addressed the future of regulation.Of...
At the Money20/20 show in Amsterdam several fintech company CEOs expressed confidence that big tech companies are coming to the...
Buy now pay later startups like Affirm have seen a big boost in activity since the crisis began; “We see...