On November 12, Japanese industrial conglomerate, Toshiba Corp (6502.T), outlined plans to break up into three independent companies by spinning off two core businesses – its energy and infrastructure business as well as its device and storage business. Toshiba will continue to own its 40.6% stake in…
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The Securities and Exchange Commission (SEC) has approached the court, seeking an order compelling the Terraform Labs, and its co-founder and CEO, Do Kwon, to produce required documents and issue a testimony for the SEC’s former investigative subpoenas regarding the company’s Mirroring feature. According to the SEC,…
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Indonesia’s council of Islam religious leaders has called on Muslims in the country to desist from engaging in crypto-related transactions, terming it as “haram”. According to a Thursday report by Bloomberg, Asronun Niam Sholeh, chair of religious decrees at the National Ulema Council (MUI) decried cryptocurrencies, terming…
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The crypto market suffered a short-term correction yesterday, perhaps on unsubstantiated news that Evergrande had defaulted on its loan repayments, or perhaps just because leverage on long positions had grown to eye-watering levels. However, after a 11.5% dip, most fundamental cryptocurrencies are heading back up, some to…
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Agoric, a JavaScript-based smart contract platform built on the Cosmos SDK, has raised $32 million in a private token sale. The post Cosmos-based smart contract platform Agoric raises $32 million, launches mainnet appeared first on The Block.
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In less than two decades, DeFi has precipitously gained real world legitimacy and adoption on a global scale. So much so that experts predict that Bitcoin alone (the first but only one of 4,000+ cryptocurrencies in DeFi) will have the same rate of adoption of the internet…
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A U.S. Securities and Exchange Commission (SEC) official is offering clarity on decentralized finance (DeFi) while weighing its benefits and risks. In a statement, SEC Commissioner Caroline A. Crenshaw says that DeFi offers notable opportunities and advantages, but aspects of the sector remain riddled with confusion. “DeFi…
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Medium: SEC commissioner requires DeFi laws

Thursday, 11 November 2021 11:47
https://bitcoininnovations.net/sec-commissioner-requires-defi-laws/Continue reading on Medium »
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In a surprising twist of events, Ripple has announced plans to launch a “Liquidity Hub” as it targets to offer enterprises direct exposure to digital assets from the broader crypto market beginning in 2022. According to a Tuesday release, the San Francisco-based firm said that the hub…
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Blockchain is all the rage these days. If you’ve been hibernating and missed it, blockchain is a digital ledger of transactions that is duplicated and distributed across a computer network, ensuring a secure and decentralized record of transactions.  Every new piece of information is added to a…
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