That estimate includes an independent control report but leaves out some potentially significant technology costs. For clients, the consequence could be that …
Firms
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Williams emphasized that the legislation responds to growing local participation in the digital asset market, where residents currently trade through overseas platforms …
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Regulation
U.S. commodities firms can invest in tokenized assets, use blockchain records: CFTC
by shayaanby shayaanThey may not even have to maintain offchain versions of the records if the firm is using a private network. If the …
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Regulation
South Africa crypto firms pause R2.2 billion in deals over exchange controls
by shayaanby shayaanSouth African crypto companies have put at least R2.2 billion in deals on hold as proposed exchange control rules threaten to restrict …
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The UK Financial Conduct Authority has issued final guidance requiring crypto firms to reassess their permissions before applications open on Sep. 30 …
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Brazil’s crypto industry is bracing for a sharp contraction as a new licensing deadline approaches, with industry estimates suggesting that fewer than …
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Scams
Cyberattacks on Law Firms Nearly Double as Stolen Documents Hit the Dark Web
by shayaanby shayaanIn brief Greenberg Traurig said an unauthorized actor accessed documents and posted them on the dark web. The firm notified affected clients; …
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Analysis
US Tech Firms Post Record 24% Profit Margins Amid AI Surge, Outpacing Non-Tech Companies by Wide Margin
by shayaanby shayaanUS technology companies are achieving record profit margins thanks to advances in artificial intelligence. Profit margins for Technology, Media, and Telecom stocks …
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Mining
Bitcoin miners miss the rally as exchanges and stablecoin firms pull ahead
by shayaanby shayaanBitcoin’s comeback from the mid-August has divided the entire cryptocurrency trading into top performers and underperformers. Since August 17, Bitcoin increased by …
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Sweden’s tax authority has ordered six crypto companies operating in Boden to pay nearly 540 million Swedish kronor (approx. $56 million) in …