In brief Ava Labs said Avalanche will provide the “core ledger technology” for the clearing firm behind an NYSE-affiliated tokenized securities platform, …
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Tag:
Settle
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Regulation
Kalshi’s Senate contracts can settle on different answers to the same election
by shayaanby shayaanWhat the $3.02 package buys The package combines one YES on Democratic Senate control with one NO on each of three disjoint …
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Regulation
Federal Courts Now Disagree on Kalshi’s Sports Contracts. New Jersey Wants the Supreme Court to Settle the Fight
by shayaanby shayaanIt is the first time either side of the dispute has asked the justices to step in, and the timing is not …
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Regulation
Doxo Is Agreeing to Pay $2,100,000 to Settle FTC Allegations Over Deceptive Bill Payment Ads
by shayaanby shayaanAn online bill payment service is agreeing to pay $2.1 million to settle federal allegations that it used misleading advertisements impersonating billers …
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Mining
Hut 8 to pay $2.35 million to settle investor suit over U.S. Bitcoin merger
by shayaanby shayaanFormer bitcoin miner Hut 8 (HUT) agreed to pay $2.35 million to settle a securities class action alleging it misled investors in …
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Finance
Solana exec says ‘big banks’ are already preparing to settle in stablecoins
by shayaanby shayaanEvery time you send money internationally, it quietly bounces through a chain of intermediary banks before reaching its destination. This system is …
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Markets
Western Union eyeing stablecoin launch to settle global transactions without SWIFT, CEO says
by shayaanby shayaanThe 175-year-old money-transfer firm also plans to issue a stablecoin-linked card for payments and cash-out options from crypto to local currencies, CEO …
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Smart Contracts
SEC Moves to Settle Justin Sun Case With $10M Penalty for BitTorrent Owner
by shayaanby shayaanIn short The settlement would require Rainberry, the company behind BitTorrent, to pay a $10 million civil penalty. The SEC would dismiss …
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FTX users and Fenwick & West have reached a proposed settlement over a 2023 lawsuit alleging the law firm helped carry out …
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Regulation
White House sets February deadline to settle $6.6 trillion fight between Coinbase and banks
by shayaanby shayaanThe White House’s end-of-February deadline for banks and crypto firms to resolve the “stablecoin yield” debate exposes a structural fault line that …
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