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The Financial Conduct Authority may have derailed Binance's plans to comply with the new crypto marketing regime by imposing restrictions on the firm's recently enlisted local partner. UK United Kingdom British England Flag (Unsplash) Binance's U.K. partneris not allowed to approve crypto ads, the local financial watchdog said on Tuesday, potentially derailing the exchange's attempts to comply with a new...
\The head of the U.S. financial consumer watchdog says it’s looking to issue guidance on how crypto could fall into electronic fund transfer laws. US consumer watchdog mulls applying e-banking laws to crypto The head of the U.S. financial consumer watchdog says it’s looking to issue guidance on how crypto could fall into electronic fund transfer laws. The top United...
The target audience is restaurant users, but the blockchain-based project comes with its own "Flypaper" and fungible FLY tokens. Blackbird's blockchain-powered restaurant-loyalty project comes with $FLY tokens. (Unsplash, modified by CoinDesk) Blackbird Labs, an app and loyalty program that's attempting to connect restaurants and their customers via its crypto-powered app, announced Wednesday it has raised $24 million in a series...
XRP rallied about 5% following the decision. A federal judge has rejected the U.S. Securities and Exchange Commission’s bid to appeal its ground-shaking loss against Ripple, the crypto company associated with the XRP token. XRP’s price rallied about 5% on the news. District Judge Analisa Torres said in a brief ruling Tuesday that the SEC had failed to meet its...
Invesco, Bitwise and Valkyrie were also hit with delays by the U.S. Securities and Exchange Commission. The United States Securities and Exchange Commission has delayed its decision on several proposals for spot Bitcoin exchange-traded funds (ETFs), includingBlackRock,ahead of an anticipated government shutdown. The spot Bitcoin ETF applications ofInvesco,BitwiseandValkyriewere also delayed by the SEC, according to separate Sept. 28 filings, whileBloomberg...
Members of the House Financial Services Committee – two from each party – wrote a letter to Securities and Exchange Commission Chair Gary Gensler urging ETF action. Lawmakers from both parties are urging U.S. Securities and Exchange Commission Chair Gary Gensler to move on approving a spot bitcoin ETF. (Win McNamee/Getty Images) Four members of the House Financial Services Committee...
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