CFTC
September 23, 2022 BY Steffy Bogdanova

CFTC slaps a $250K fine on bZeroX and its founders and charges successor Ooki DAO for offering off-exchange digital-asset trading

According to the CFTc, this protocol purported to offer users the ability to engage in these transactions in a decentralized environment. The regulator determined these transactions unlawful as they were required to take place on a designated contract market, but they did not. Additionally, the complaint stated that bZeroX illegally operated as an unregistered FCM.…

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September 22, 2022 BY Steffy Bogdanova

CySEC adds 5 unregulated firms to warning list

The Cypriot watchdog stated: CySEC urges investors to consult its website (www.cysec.gov.cy), before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Earlier in August, CySEC added six companies to its warning list.

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September 22, 2022 BY Steffy Bogdanova

Coinbase secures regulatory approval in the Netherlands

Nana Murugesan, Vice President, International and Business Development at Coinbase, said: As part of Coinbase’s ambition to be the world’s most trusted and secure crypto platform, we have taken strides to work collaboratively with government, policymakers and regulators to shape the future in a responsible way. Coinbase prides itself on being a compliance-led business. The…

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Tools for Brokers appoints Michael Levine as Vice President of Sales UK
September 22, 2022 BY Steffy Bogdanova

Michael Levine joins Tools for Brokers as VP of Sales UK

To his new position at TFB, Levine brings more than a decade of experience in the financial sales market, working with large enterprises and helping build and expand sales teams. Albina Zhdanova, the COO at TFB, said: I am very excited to have Michael on our team. His knowledge, background, and skills will benefit the…

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September 22, 2022 BY Steffy Bogdanova

Kraken appoints Dave Ripley as CEO, Jesse Powell becomes Chairman of the board

The official press release highlighted that Ripley has played a key role in scaling Kraken’s operations in over 16 acquisitions, regulatory licenses and partnerships. Ripley started his career as a software engineer before becoming a financial adviser at Boston Consulting Group. He has accumulated almost a decade of crypto industry leadership experience. He became COO…

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Nomura
September 21, 2022 BY Steffy Bogdanova

Nomura incorporates crypto subsidiary Laser Digital in Switzerland

Kentaro Okuda, Nomura Holdings, Inc., President and Group CEO, said: Staying at the forefront of digital innovation is a key priority for Nomura. This is why, alongside our efforts to diversify our business, we announced earlier this year that Nomura would be setting up a new subsidiary focused digital assets1. We look forward to sustainable…

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September 21, 2022 BY Steffy Bogdanova

big xyt hires Anthony Huck as Head of the Americas

Background In his thirty years of experience Huck has been in leadership positions in various companies. He served as a CEO of Score Priority (now Lime Financial) and as President and COO of Lime Brokerage. He has also held senior executive positions at Royal Bank of Scotland, Citadel Securities, and Investment Technology Group (ITG). Robin…

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