Settlement Financial News

15.10 / 19:59

ETH BTC Platform settlement Mango Markets hack: Assessing the driving factor behind the “bold” settlement

Solana [SOL]-based DeFi platform Mango Markets approved a proposal that will let the hacker keep almost half of the $113 million he stole from the protocol earlier this week.

15.10 / 00:19

defi Hackers hacks Loans settlement Mango Market's DAO forum set to approve $47M settlement with hacker

Following a $117 million exploit on Oct. 11, the Mango Markets community is set to make a deal with its hacker, allowing the hacker to keep $47 million as a bug bounty, according to the decentralized finance (DeFI) protocol governance forum.

29.09 / 11:03

Citi Digital Yuan settlement Cross-border China Trials Cross-Border Settlement Involving Cenbank Digital Currencies

China has been testing its digital currency in major cities.

28.09 / 21:41

regulation Smart Contracts decentralized marketplace settlement NOT Bank of England Deputy Governor Cunliffe on DLT securities settlement: Not so fast!

There’s more to crypto than just assets, Bank of England deputy governor Sir Jon Cunliffe reminded the Association for Financial Markets in Europe Conference in London on Sept. 28. The distributed ledger technology (DLT) behind crypto assets has far-reaching implications for traditional markets and interoperability.

14.09 / 08:57

Blockchain CEO Platform Bitcoin settlement Bitcoin is the perfect settlement layer to build apps on top of: Hiro CEO

While the Bitcoin network isn’t programmable, it serves as an excellent settlement layer to build robust applications on top of, says Hiro CEO Alex Miller.

13.09 / 21:27

business Trading exchanges Digital Asset settlement Wall Street mainstays setting up digital assets exchange with on-chain settlement

Major financial firms have teamed up to create EDX Markets (EDXM), a new exchange that will trade digital assets through trusted intermediaries. The exchange will provide services to institutional and retail investors.

06.09 / 22:15

Government Stablecoin regulation settlement Russian gov't working on stablecoin settlement platform between friendly nations: State media

Russia's Finance Ministry has reportedly begun working with the governments of “friendly” nations to establish a cross-border stablecoin-based payments platform.

22.08 / 17:19

Blockchain Platform settlement DTCC DTCC launches blockchain settlement platform

The Depository Trust & Clearing Corporation, which operates the main clearing house for equities in the US, is rolling out a settlement platform that uses distributed ledger technology.

13.07 / 07:03

Digital settlement Stablecoin standards must match the clearing and settlement sectors, regulators say

Stablecoins should be subject to the same standards as the clearing and settlement sectors, according to leading international regulators.

30.06 / 15:13

SEC Strategy UBS settlement UBS in $25m SEC settlement over complex options products

UBS agreed to pay $25m to settle fraud charges from the Securities and Exchange Commission over a complex options-trading strategy that lost customers tens of millions of dollars.

28.06 / 14:59

settlement Fine audit EY to pay $100m settlement fine over audit employees cheating CPA exams

WASHINGTON — Ernst & Young agreed to pay a record $100m fine and to admit that some of its auditors cheated on required ethics exams in recent years, according to a settlement order released on 28 June.

23.06 / 13:45

business Law regulation exchanges settlement Bybit enters into settlement agreement with Ontario Securities Commission

Bybit announced that it reached a settlement agreement with the Ontario Securities Commission (OSC) on Thursday, a day after the OSC released a Statement of Allegations against the crypto asset trading platform.

08.06 / 13:39

Provident Digital Gap Checkout.com settlement Checkout.Com Starts Accepting Stablecoins Payment, Providing 24/7 Settlement

UK-based payments solution provider Checkout.com announced on Tuesday the launch of its stablecoin settlement solution by using Fireblocks’ new crypto payment technology.

07.06 / 13:59

business Stablecoin Payments Usd Coin settlement Checkout.com launches 24/7 stablecoin settlement in partnership with Fireblocks

Global payment processor Checkout.com has launched a new stablecoin settlement system that will allow merchants to process crypto payments from their customers in real time — potentially widening the use cases of stablecoins within e-commerce.

27.05 / 05:31

business Blockchain banking settlement JPMorgan trials blockchain for collateral settlement in after-hours trading

Multinational investment bank JPMorgan Chase & Co is reportedly trialing the use of its own private blockchain for collateral settlements.

08.04 / 10:21

Blockchain Technology Adoption settlement wholesale South Africa finishes technical PoC for wholesale CBDC settlement system

South Africa has taken another step closer to implementing its central bank digital currency (CBDC) as the South African Reserve Bank (SARB) concludes a technical proof-of-concept for the project.

07.04 / 02:39

Provident FIVE Strategy settlement Worldpay to offer merchants direct settlement in USDC

Under the agreement, Worldpay says it will enable both crypto-native and traditional businesses to build a settlement and treasury strategy that caters to their preferred currency for conducting business.The company, which already provides merchant acquiring services for four of the top five cryptocurrency exchanges, has signed Crypto.com as a pilot customer for the USDC settlement proposition. “Cryptocurrencies, for the most part, tend to be quite volatile and lack the ability to redeem at a predictable exchange rate in large quantities.

09.03 / 11:25

Twitter SEC Tesla settlement elon Elon Musk asks judge to toss SEC fraud settlement

Tesla chief executive Elon Musk asked a federal judge on 8 March to scrap a settlement he reached with securities regulators in 2018 that required some of his tweets be preapproved, a condition that has fomented an ongoing conflict with the government over whether he and Tesla have followed the rule.

21.02 / 16:25

Investments SEC settlement Speculation Happy to be regulated? Fallout from BlockFi settlement is a matter of speculation

It might seem unlikely that BlockFi founder and CEO Zac Prince would describe a prosecution that resulted in a $100-million fine for his company as “a win not only for BlockFi but for the broader cryptocurrency industry,” but that is indeed what he said. And, he might be right, although it remains to be seen for now.

15.02 / 20:41

Technology Sexual Abuse settlement Prince Andrew reaches settlement in Virginia Giuffre sexual abuse case, says court filing

A settlement has been reached in the lawsuit accusing Britain's Prince Andrew of sexually abusing Virginia Giuffre when she was 17-years-old, according to a court filing.

15.02 / 20:07

Digital Ripple SEC Tether settlement BlockFi Agrees to $100 Million Settlement With SEC, States Over Lending Product

Crypto lending and interest startup BlockFi Lending LLC agreed on Monday to pay $100 million to the Securities and Exchange Commission (SEC) and 32 states to settle charges over failing to register its retail cryptocurrency lending product, BlockFi Interest Accounts.

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