SEC chairman Gary Gensler likens DeFi to P2P lending. In 2008, the SEC said promissory notes issued to P2P investors were securities.
Refinitiv identified over 190,000 financial instruments relevant to the US investment ban against Non-SDN Chinese Military-Industrial Complex Companies as of 28 July.
Liquid has been tracing the movement of the stolen assets and working with other exchanges to freeze and recover the funds.
The CBDC will be cash-like and non-interest-bearing, to ensure that it does not compete with deposits or cause runs on financial institutions.
The presence of digital ID infrastructure can influence the design and roll-out of CBDC initiaties, writes Claus Christensen.
Upbit has a partnership with K-bank for real-name verification. One or two more exchanges are expected to register by end-August.
The application window will be closed for three years. Applications received by 31 August will be processed on a first-come, first-served basis.
Singapore is well positioned to be a global leader on regulatory innovation in green fintech, writes Benjamin Soh, Co-founder and Managing Director of STACS.
The APIs aggregate financial statement data and make corporate disclosures quicker and easier for developers and third-party services to use
Digital banks should have a minimum paid-up capital of IDR 10 trillion (USD 694 million). However, the capital deposit required at the time of application is IDR 3 trillion.
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