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SEC Prevails in Unregistered Crypto Offering Case against Thor Technologies and Founder David Chin
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. In a recent victory for the US Securities and Exchange Commission (SEC), a default judgment has been obtained against Thor Technologies and its founder David Chin. This judgment comes as a result of the company being found guilty of conducting an unregistered…
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Ethereum Whale Moves Coins to Kraken, Triggers Speculation of Selling
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. Data from Lookonchain, a blockchain analytics platform, on October 20, revealed a significant movement of Ethereum (ETH) coins by an unidentified whale to Kraken, a popular cryptocurrency exchange. The transaction indicated a potential sale, suggesting that the whale may be looking to…
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MultiversX Announces Partnership with Google to Accelerate Web3 Adoption
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. In the exciting world of crypto, the Metaverse has emerged as one of the hottest trends. Embracing this wave, MultiversX, formerly known as Elrond, has taken the lead and showcased their vision at the recently held xDay 2023 event in the Palace…
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The Convergence of Financial Behemoths: Catalysts for the Crypto Bull Market
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. Following recent comments by US Federal Reserve chair Jerome Powell that led to higher treasury yields, Bitcoin price and other cryptocurrencies experienced modest gains on Friday. However, a legal action by the state of New York against Digital Currency Group, Genesis Global…
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Ripple and Executives Clear SEC Allegations: Unfolding the Next Chapter
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. Ripple, the San Francisco-based fintech company, has emerged victorious once again as the US Securities and Exchange Commission (SEC) dismissed all charges against Ripple CEO Brad Garlinghouse and Executive Chairman Chris Larsen. This marked the third consecutive win for Ripple in its…
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Basel Committee Proposes Standardized Disclosure of Crypto Assets by Major Banks
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. The Basel Committee has mandated major banks to disclose their crypto asset holdings and activities, starting from January 2025. Comprising banking regulators from major global financial hubs, the committee aims to strengthen market discipline and provide investors with comprehensive insights into digital…
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