News list for "regulated"
On April 28, the reporter learned that the China Securities Association is seeking opinions from the industry on the "Guidelines for the Management of Investment Behavior of Directors, Supervisors, Senior Managers and Securities Practitioners of Securities Companies (Trial) (exposure draft) ". The consultation requires full coverage of personnel management and behavior management of securities companies, and requires strengthening the management of key positions. It requires securities companies...
OTC Markets Group Inc., a regulated trading marketplace in the United States, has announced that Sol Strategies, a "Solana version of microstrategies" dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, has been listed and will trade under the CYFRF code, meaning that U.S. investors can find the company's current financial disclosures and real-time secondary quotes on the OTCQX marketplace. Sol Strategies is headquartered in Toronto, Canada, formerly Cypun...
According to Cryptonews, FV Bank, a regulated digital bank in the United States, has integrated PayPal USD (PYUSD), allowing customers to directly deposit and make payments in PYUSD while enabling instant conversion to U.S. dollars. FV Bank is now the only US bank to support USDC, USDT and PYUSD deposits. Customers can initiate PYUSD payments directly from their USD accounts without the need to mint coins or manage an external digital wallet. Additionally, the feature integrates with blockchain ...
Tether and Bitfinex announced Thursday that Stuart Hoegner, Bitfinex's general counsel, has retired to oversee the legal affairs of stablecoin issuers and exchanges under Michael Hilliard, as stricter regulations from the MiCA came into effect late last year. According to a statement, Hoegner and Hilliard have co-led the legal work of the two firms for several years. The leadership dynamics of the two firms changed after the European Union Crypto Asset Market (MiCA) regulation MiCA came into ful...
Ten institutions recently completed a simulation trial of the Regulated Settlement Network (RSN), exploring the use of a shared DLT network to settle tokenized transactions. This is an extension of a previous trial of the Regulated Liability Network conducted last year, which included tokenized commercial bank currencies and tokenized central bank currencies on the same network. This time, tokenized government bonds and investment-grade bonds were also on a shared ledger, enabling cash on delive...
Circle announced that its regulated subsidiary became the first stablecoin issuer to commit to complying with the requirements of the Ontario Securities Commission (OSC) and the Canadian Securities Authority (CSA) Value Reference Crypto Assets (VRCAs). This helps Circle's US dollar-denominated stablecoin USDC to be made available on registered crypto asset exchanges in the Canadian market. Registered crypto-asset exchanges operating in Canada and compliant with VRCA requirements can continue to ...
The perimeter of South Korea's presidential palace in Yongsan, Seoul, was put under full control.
Archax, a UK-regulated crypto exchange and custodian, said it has added funds from State Street, Fidelity International, and Legal & General Investment Management (LGIM) to the range of tokenized real assets (RWA) it offers. The company will initially offer tokenised access to certain State Street Global Advisors, Fidelity International and LGIM money market funds, and said other types of funds could be added in the future. Archax will issue a beneficial ownership token...
Circle, the issuer of USDC, launched a new on-chain compliance platform, "Compliance Engine", on September 24, designed to help enterprises develop blockchain applications while meeting strict compliance requirements. The platform includes transaction screening, monitoring tools, and KYC-compliant services, supporting multiple blockchain networks such as Ethereum, Solana, and others. Circle CEO Jeremy Allaire said that this is the first time that the technology accumulated by the company in a de...
