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Japan’s Financial Services Agency Has Officially Chosen a New Commissioner, Himono

Japan’s Financial Services Agency Has Officially Chosen a New Commissioner, Himono

Japan's Financial Services Agency (FSA) confirmed its plans for hiring Ryozo Himono as the new commissioner of the financial watchdog group.

Winklevoss Twins' Gemini and Archax Exchange Now Licensed by UK Financial Conduct Authority

Winklevoss Twins' Gemini and Archax Exchange Now Licensed by UK Financial Conduct Authority

The UK Financial Conduct Authority has granted a license to the Winklevoss twins’ Gemini cryptocurrency exchange.

Crypto.com Leverages Amazon's AWS Cloud To Enhance Scalability and Security

Crypto.com Leverages Amazon's AWS Cloud To Enhance Scalability and Security

Crypto.com will now leverage Amazon Web Services, Inc (AWS) cloud provider to provide enhanced scalability and security for its 5 million users,

Russian Banking Giant Sberbank to Tokenize Financial Assets Using Stablecoins

Russian Banking Giant Sberbank to Tokenize Financial Assets Using Stablecoins

Sberbank, Russia’s biggest bank, has disclosed the possibility of issuing tokens to be utilized in digital financial assets (DFA) settlements. The token will be in the form of a stablecoin to be pegged to the nation’s currency, the Russian ruble.

Ant Group Chairman Eric Jing: Blockchain Will be the New Standard of the Future Financial Infrastructure

Ant Group Chairman Eric Jing: Blockchain Will be the New Standard of the Future Financial Infrastructure

Recently, Ant Group Chairman Eric Jing spoke about the future of financial infrastructure, and that blockchain will become a new standard.

KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security

KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security

One of the big four accounting firms, KPMG estimated that at least $9.8 billion in cryptocurrencies have been stolen by hackers since 2017 due to security issues or poorly written code. According to the KPMG report, the cryptocurrency market will need to see huge improvements for the $245 billion industry to keep growing.

China's Central Bank Publishes Rules for Blockchain-Based Financial Applications

China's Central Bank Publishes Rules for Blockchain-Based Financial Applications

The People’s Bank of China (PBoC) has published a set of evaluation rules for blockchain-based finance applications. The published rules aim to provide regulatory oversight using three basic standards bordering on technical, performance, and security.

Malaysia’s Financial Regulator Says Binance is Not Authorized to Operate in the Country

Malaysia’s Financial Regulator Says Binance is Not Authorized to Operate in the Country

The Securities Commission (SC) of Malaysia, the country’s financial regulator, has announced that Binance cryptocurrency exchange is not unauthorized to operate in the country. The financial watchdog has, therefore, put the crypto exchange on the list of unlicensed companies.

Tokenize the Future: What Tokenization Means For Financial Access

Tokenize the Future: What Tokenization Means For Financial Access

Thanks to advances in financial and blockchain technology, any tradeable asset can be digitally represented as a token and issued onto a blockchain creating greater access.

XRP Token is Classified as a Non-Security by the UK Treasury

XRP Token is Classified as a Non-Security by the UK Treasury

The UK has released a report for crypto assets and stablecoins to deliver a more comprehensive overview of its financial system.

Five Things Everyone Should Know About Blockchain Benefits in Aviation Security

Five Things Everyone Should Know About Blockchain Benefits in Aviation Security

Recent news has brought blockchain’s role on spotlight in aviation security. Of course, blockchain provides bold promises, highly useful in aviation security, and therefore are worth to be investigated.

SEC Charges App Developer Abra for Unregistered Security-Based Swaps

SEC Charges App Developer Abra for Unregistered Security-Based Swaps

Abra and Plutus Tech have agreed to a cease-and-desist order and a combined penalty of $150,000 after being charged by the Securities and Exchange Commission for selling unregistered security-based swaps to investors in 2019.

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