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Month: September 2022
Crypto Exchange FTX in Discussions for Up to $1B Capital Raise at $32B Valuation: Report
The exchange is raising the money as it considers acquisitions. Source
Japanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm โ Finance Bitcoin News
On Wednesday, the Japanese financial holding company and principal member of the Nomura Group, Nomura Holdings, announced the launch of a crypto-focused venture capital unit called Laser Digital Holdings. Nomuraโs move follows a number of financial giants entering the cryptocurrency industry this year. Nomura Introduces Laser Digital Holdings The investment banking giant from Japan, Nomura Holdings, is stepping into the world of crypto assets and in the coming months the new venture will reveal a slew of โnew services and product lines.โ Nomura is one of the largest investment banks…
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SEC Wants to โRemake the Law,โ Rather Than โApply it,โ Says Ripple General Counsel
Was Ripple was singled out among the different projects within the crypto ecosystem? He said the company may have been used by the SEC to set an example. The aftermath, however, led โnearly every U.S. exchange to delist or suspend trading in XRP,โ Alderoty said, which erased โ$15 billion in market capitalizationโ from the company and prompted it to move its operations โoffshore.โ Source
Iran to begin โcrypto rialโ CBDC trial despite possible lack of infrastructure: Report
The Central Bank of Iran will make a pilot launch of a central bank digital currency (CBDC) on Sept. 22, the Iranian Chamber of Commerce has announced. The so-called โcrypto-rialโ has been in the planning stage for several years. The launch of the crypto rial was originally planned for November, according to the Chamber, which said the CBDC was intended โto help improve financial inclusion and function as a powerful tool for the CBI to compete with other stable coins globally.โ It added that experts within the country had concerns…
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Market Wrap: Cryptos Decline as FOMC Delivers Expected Rate Hike
Expect the price of bitcoin and other riskier assets to bob and weave on the waves of macroeconomic uncertainty. Market Wrap is CoinDeskโs daily newsletter diving into what happened in today’s crypto markets. Source
La Uniรณn Europea finaliza el reglamento de la normativa cripto bajo la ley MiCA
Aunque el borrador filtrado, discutido en una serie de reuniones tรฉcnicas luego del acuerdo del 30 de junio, muestra que la MiCA no se aplica a los NFTs que realmente son รบnicos e incapaces de negociarse entre sรญ, โla emisiรณn de criptoactivos como tokens no fungibles en gran serie o colecciรณn deberรญa ser considerada un indicador de su fungibilidadโ, dice el texto de obligaciรณn final en un Considerando, incluso si el emisor brindรณ un identificador รบnico. Source
El Salvador Buys Back $565M Worth of Bonds, Plans to Launch New Offering in 8 Weeks
The bond repurchase, launched on Sept. 12, is seen as an attempt by El Salvador to dispel rumors of a potential default on its debt. The Central American country has had strained relations with the traditional credit market, particularly after it established bitcoin (BTC) as legal tender in September 2021 Source