Ant Group bought a 50.55% stake in Hong Kong broker Yau Choy Securities for about $360M, reshaping its board as it quietly …
Broker
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Markets
Crypto broker Bitpanda launches blockchain to connect EU banks with tokenized assets
by shayaanby shayaanThe Vienna-based firm is joining the growing race joins race to build compliant blockchain rails for traditional securities like equities and funds. …
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Smart Contracts
Treasury Sanctions Russian ‘Exploit’ Broker Over Stolen US Cyber Tools
by shayaanby shayaanIn short Treasury Department sanctions alleged that Sergey Sergeyevich Zelenyuk and Operation Zero operated as a Russian network of operators. According to …
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Mining
Major Russian broker Finam plans to launch crypto mining fund as soon as this week
by shayaanby shayaanFinam, one of the largest brokers in Russia, has registered a new crypto mining fund with the central bank and aims to …
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Russian brokerage firm Finam has registered the country’s first cryptocurrency mining-focused investment fund with the Bank of Russia. The company plans to …
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DeFi
“The Global CFD Broker Market Will Be Disrupted by DeFi” in 5 Years, Says Ostium CEO
by shayaanby shayaanKaledora Fontana Kiernan-Lin is putting a timeline on her bold prediction: the global contract-for-difference (CFD) broker market faces major disruption from decentralized …
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Finance
Pro-Tether Trump nominee Howard Lutnick to divest Deribit trading broker
by shayaanby shayaanDeribit, Europe’s largest crypto options exchange, has revealed details of sophisticated prime brokers that facilitate trades against customers on its platform, its …
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Regulation
Blockchain Association Files Suit To Challenge IRS and Treasury Department’s DeFi Broker ‘Midnight’ Rulemaking
by shayaanby shayaanA prominent nonprofit crypto advocacy group is filing a lawsuit to dispute new reporting rules for decentralized finance (DeFi) brokers. In a …
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Regulation
Crypto Stakeholders Protest As U.S. Treasury Department and IRS Finalize New DeFi Broker Reporting Rule
by shayaanby shayaanCrypto stakeholders are protesting as the U.S. Department of the Treasury and the Internal Revenue Service (IRS) finalize new reporting rules for …
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Regulation
Treasury and IRS finish broker rules for DeFi, require KYC from protocols
by shayaanby shayaanThe US Department of the Treasury and the Internal Revenue Service (IRS) have released the final version of its broker rules to …