This query is about using XRP by blockchain financial service Reaper Financial to convert funds during the USDC depeg. Several news sources such as TradingView, u.today, Flipboard, Twitter, Reddit, LinkedIn, and NewsNow have reported on this. Step-by-Step Process The following is a step-by-step process of what happened regarding the use of XRP by Reaper Financial […]
Category Archives: Securities
Compliance, Cryptocurrency, Global Market, Securities
World’s largest cryptocurrency exchange suspending U.S. dollar deposits
14
Feb
Feb
Binance, one of the world‘s largest cryptocurrency exchanges, will be suspending U.S. dollar deposits this week. The exchange made the announcement on February 6th, citing “regulatory uncertainty“ as the reason for the move. Binance has been actively preparing for the change, and will no longer accept deposits of U.S. dollars on February 8th. Customers who […]
Compliance, Cryptocurrency, Latest Headlines, SEC, Securities
The SEC is conducting an investigation into brokers.
14
Feb
Feb
The SEC is conducting an investigation into brokers who are offering crypto investments to their clients. The investigation is focused on whether the brokers are providing adequate disclosure about the risks associated with investing in cryptocurrency. The SEC is also looking into whether the brokers are properly registered to offer such investments. The investigation is […]
Compliance, Global Market, Latest Headlines, Securities, Stablecoins
This Week in Coins: Bitcoin Avoids Heavy Losses as FTX Contagion Spreads
22
Nov
Nov
This week saw continued FTX fallout week as many crypto companies confessed the extent of their exposure to the collapsed empire. In week two of the FTX disaster story, crypto investors can expect things to get worse before they get better. However, the two market leaders, Bitcoin and Ethereum, no longer appear to be in […]
Compliance, Cryptocurrency, Global Market, Latest Headlines, Securities
NAVIGATING THE NEW AML COMPLIANCE LANDSCAPE – PDF DOWNLOAD
30
Aug
Aug
Financial crime remains at record highs as the pandemic continues to accelerate digitization and create new opportunities for fraudulent activities. As a result, AML institutions and other AML regulated entities worldwide. Scaling up staff to deal with evolving AML challenges is problematic. So how can organizations do more with less while complying with tightening regulations? […]
Cryptocurrency, Latest Headlines, Regulation, Securities
Halting the SEC’s Regulatory Attack On Crypto
30
Jul
Jul
Last week, a House Financial Services Subcommittee held an oversight hearing focused on the Securities and Exchange Commission’s (SEC) enforcement division. Despite the norm that ongoing enforcement cases are not discussed at these hearings, Subcommittee Chairman Representative Brad Sherman (D-CA) took it upon himself to put his thumb on the scale of the most significant […]
Cryptocurrency, Global Market, Latest Headlines, Securities
SEC lists nine crypto tokens as securities following Coinbase insider trading charges
26
Jul
Jul
The Securities and Exchange Commission (SEC) has listed nine cryptocurrencies that it says are securities. This was contained within a complaint arresting and charging a former Coinbase employee and two others with wire fraud. The assets were: AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, KROM. They were each mentioned in connection with alleged insider […]
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