Friday, June 13, 2025

CFTC Appoints Former Coinbase Exec as Director of Market Oversight

Coinbase’s vice president Dorothy D. DeWitt will now serve as director of the division of market oversight at the United States Commodity Futures Trading Commission (CFTC).The U.S. CFTC Chairman Heath P. Tarbert announced on Sept. 17 that DeWitt will take responsibility for the CFTC’s oversight over derivatives platforms and

Read More

Wells Fargo to Pilot DLT-Based Cross-Border Settlement Platform

American financial services company Wells Fargo & Company is planning to launch a pilot of a distributed ledger technology (DLT)-based internal settlement service in 2020.In a Sept. 17 press release, Wells Fargo described a DLT-based platform designed to perform internal book transfers of international payments within its global network

Read More

Blockchain Being Used to Turn Ocean Plastic Waste Into Eco-Fabrics

Dutch green fabrics firm Waste2Wear is launching the world’s first collection of fabrics made from ocean plastics traceable via blockchain today.Demand for tracing recycled materialsThe exhibition is taking place from Sept. 17 to Sept. 19 in Paris at the international textile fair Première Vision, American fashion-focused publication FashionUnited reports

Read More

Binance Makes Strategic Investment Into Chinese Crypto-News Website Mars Finance

For Binance, Mars Finance is the first strategic investment in China since 2017, when Beijing banned digital coin trading and the exchange withdrew from this market.One of the world’s most popular cryptocurrency exchanges Binance has made its first strategic investment in China. The company has invested in Mars Finance, a

Read More