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However, BNP Paribas is not immune to the challenges faced by many of its peers in the banking industry. French multinational banking giant BNP Paribas SA (EPA: BNP) recently released its Q3 2023 financial result, painting a picture of adaptability and resilience in a tumultuous economic environment. Under the stewardship of CEO
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied An undisclosed SEC memo, spotlighted in a recent Twitter discussion, questions the agency’s initial stance on XRP’s classification, complicating Ripple’s ongoing legal battle. Bill Morgan highlighted a memo discussing the SEC’s internal views on XRP’s security status. John
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The last few days have been eventful for the crypto market following a major crash on Thursday that resulted in the loss
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The top Democrat on the House Financial Service Committee criticized PayPal’s plans in a statement on Wednesday. Source
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California Representative Maxine Waters, ranking member of the United States House Financial Services Committee, has called for coordination and cooperation between government agencies and lawmakers to address crypto regulation.Speaking to Cointelegraph, Representative Waters suggested that recent enforcement actions on the crypto space from the U.S. Securities and Exchange Commission (SEC)
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The United States House Financial Services Committee Chair Maxine Waters said a subpoena is "definitely on the table" for former FTX CEO Sam Bankman-Fried, who has been requested to testify at a Dec. 13 hearing looking into the collapse of FTX.In a Dec. 8 tweet Waters said that "lies
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A hearing on what happened to FTX is scheduled to take place on Tuesday. Source
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Congresswoman Maxine Waters has been heavily criticized for saying that she appreciates former FTX CEO Sam Bankman-Fried (SBF) being candid in his discussions about the collapse of his crypto exchange, FTX. “SBF has not, in fact, been candid in his discussions. He committed fraud, full stop,” one critic stressed. Maxine Waters
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Short-sellers have made a killing on various sectors of the U.S. stock market this year, but no other sector "held a candle” to the blockchain industry, with crypto company short-sellers profits up 126% in 2022, according new data.On Thursday, technology and data analytics firm S3 Partners published a video summarizing
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Fierce volatility and other complications unique to crypto markets “could theoretically be addressed by robust margin requirements and risk management,” said Dan Awrey, a professor who teaches derivatives policy at Cornell Law School. Still, he added that “smaller firms, with fewer counterparties and exposure to highly correlated market risks, are
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