Prometheum subsidiary Prometheum Ember Capital has received approval from the Financial Industry Regulatory Authority (FINRA) as a special purpose broker-dealer (SPBD) for digital asset securities. This approval allows Prometheum to custody digital asset securities on behalf of retail and institutional clients.FINRA’s designation of Prometheum Ember Capital as an SPBD makes ApprovalAssetBitcoincryptoexchangeCustodyDigitalExchangesFINRAPrometheumQualifiedReceivesSubsidiary Read More
The National Bank of Ethiopia (NBE) has issued a mobile money-service license to Safaricom M-Pesa Mobile Financial Service, it announced May 11. Previously, only Telebirr, part of the state-owned Ethio Telecom network, operated in that market.Kenya-based Safaricom was also the first company to break Ethio Telecom’s monopoly on Ethiopian mobile EthiopianLicenseMobileMoneyMonopolyMPesaReceivesSafaricomState Read More
Marathon Digital Holdings, a publicly-listed bitcoin mining company, has recently revealed that it was served with a subpoena by the U.S. Securities and Exchange Commission (SEC) in relation to an investigation concerning the firm’s Montana mining facility. The SEC is reportedly looking into potential violations of federal securities law.
Marathon’s Montana BitcoinconnectioncryptoexchangeExchangesFacilityinvestigationMarathonMinerMiningMontanaNewsReceivesSECSubpoena Read More
Alameda Research-controlled wallets hold over $240 million worth of various cryptocurrencies.
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The Securities and Exchange Commission (SEC) has awarded $279m to a whistleblower whose information helped the commission take a series of enforcement actions.
In keeping with its policy of not disclosing this information to the public, the 279MBiggestInformerReceivesRewardSEC Read More
In the wake of Florida Governor Ron DeSantis’ remarks in Jacksonville on Tuesday, both the Florida House of Representatives and Senate have approved the state’s anti-central bank digital currency (CBDC) legislation, dubbed SB 7054. The bill explicitly states that should the U.S. central bank, a federal agency, or a foreign AntiCBDCBillBitcoincryptoexchangeExchangesHouseNewsOverwhelmingReceivesSenateSupport Read More
Pony.ai is the first and only company to receive such a permit in Guangzhou.
Software company Pony.ai has received a permit to operate its driverless robotaxi services in Guangzhou city of China. The startup, which is backed by Toyota Motor Corp., now has the authorization to offer its service in the AuthorizationChinaDriverlessGuangzhouOperatePony.aiReceivesRoboTaxiServices Read More
Nigerian crypto exchange Roqqu has been granted regulatory approval to operate in South Africa, allowing users to purchase cryptocurrencies and withdraw funds with the country's fiat currency, the South African Rand, according to local media reports. South Africa has been a top priority for Roqqu as the exchange seeks to expand AfricanApprovalCryptoExchangeExpandOperationsReceivesRoqquSouth Read More
As part of what the exchange calls its “8-week international expansion drive,” Coinbase in its blog post took note of, among other items, doubling down on its investments in the Canadian market. The company recently hired Lucas Matheson as country director and signed a Pre-Registration Undertaking (PRU), which is considered BermudaCoinbaseCryptoExchangeLicenseOperateReceives Read More
Danish startup Januar announced April 19 that it has received a Payment Institution License from the country’s Financial Supervisory Authority (DFSA). The license will allow Januar to conduct business in the 30 European Economic Area markets, whereas it only served Danish companies under its previous limited permission. Januar provides International CryptoDanishFinancialFullJanuarLicensePaymentsProviderReceivesServices Read More