Nasdaq Invests $100 Million in Kraken Parent Payward as Always-On Markets Push Tests Regulatory Boundaries Nasdaq’s venture arm has agreed to invest $100 million in Payward, the parent company of crypto exchange Kraken, marking a significant convergence between traditional exchange infrastructure and digital-asset venues. Announced Sept. 10, the deal includes Payward’s adoption of Nasdaq surveillance ...
CLARITY Act Faces Critical Senate Vote as Industry Warns of Regulatory Vacuum With the Senate vote on the CLARITY Act just days away, Digital Chamber CEO Cody Carbone outlined the likely scenarios if the legislation fails to pass—and he isn’t sugarcoating the odds of a quick legislative fix. Don’t Expect a Lame-Duck Save Asked whether ...
The U.S. Securities and Exchange Commission has proposed amending Rule 3a12-8 to add European Union debt obligations to the list of foreign government securities exempted…
SEC Charges 38 Entities with Filing False Forms ADV to Pose as Legitimate Investment Advisers The U.S. Securities and Exchange Commission filed 38 separate civil…
Coinbase reveals internal discussions of the SEC about the security status of XRP and New York’s advance for ETH classification. The developing attitude of the SEC for crypto regulation in the middle of the XRP and ETH debates generate uncertainty. Coinbase has published more than 10,000 documents that disclose the internal communication of the US ...
As a bank, Ripple would have direct access to central banks, the issue of stable coins and all services for digital assets. XRP could develop into a central settlement level for tokenized assets and CBDCs if Ripple receives full banking status. Ripple strives to become a licensed financial institution, which represents a big change compared ...