Yuga Labs Announces SEC Investigation Closure, Boosting NFT Firms Reputation

Yuga Labs has announced that the US Securities and Exchange Commission (SEC) has closed its investigation into the popular NFT platform. This news comes as a relief to many in the NFT community who have been concerned about potential regulatory issues surrounding NFTs. The SEC’s investigation into Yuga Labs was focused on whether or not [...]

The post Yuga Labs Announces SEC Investigation Closure, Boosting NFT Firm’s Reputation appeared first on Crypto Breaking News.

View Details

FDIC Takes Action to Eliminate Reputational Risk in Bank Exams from Examination Agenda

The FDIC Takes Action to Eliminate Reputational Risk in Bank Examinations The Federal Deposit Insurance Corporation (FDIC) has announced a significant shift in its approach to bank examinations to eradicate reputational risk for financial institutions. This move aims to ensure a fair evaluation process that focuses on objective criteria rather than subjective factors that could [...]

The post FDIC Takes Action to Eliminate “Reputational Risk” in Bank Exams from Examination Agenda appeared first on Crypto Breaking News.

View Details

Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses

According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying the groundwork by labeling lawful businesses as “reputationally risky,” federal bank regulators, with [...]

The post Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses appeared first on Crypto Breaking News.

View Details

Coinbase wants devs to build inflation-pegged ‘flatcoins’ on its new ‘Base’ network

Crypto exchange Coinbase sees inflation-pegged “flatcoins” as one of four “critical” innovations that should be built on its recently launched layer-2 network Base. The other three include an on-chain reputation system, an on-chain limit order book (LOB) exchange, and tools that make the decentralized finance (DeFi) ecosystem safer.  The trading platform outlined the four areas [...]

The post Coinbase wants devs to build inflation-pegged ‘flatcoins’ on its new ‘Base’ network appeared first on Crypto Breaking News.

View Details

SEC in a Pickle: Crypto’s Tricky Trio Stirs Up Trouble in 2023

2023 is shaping up to be a painful year for the U.S. Securities and Exchange Commission (SEC) as it finds itself entangled in battles with the ever-evolving and innovative cryptocurrency industry. From Ripple to Coinbase and Tron, the SEC faces fierce opposition with potentially huge consequences. The following opinion editorial was written by Joseph Collement, [...]

The post SEC in a Pickle: Crypto’s Tricky Trio Stirs Up Trouble in 2023 appeared first on Crypto Breaking News.

View Details

DREP’s Bullish Price Momentum Stalls: Is a Larger Correction Imminent?

Decentralized Reputation System (DREP) is a blockchain-based platform that aims to provide an infrastructure to measure, monetize, and share reputation value on online platforms. In [...]

View Details

Bitcoin’s Absolute Scarcity Changes Your Life

It is common for people to reflect on every facet of their lives once they recognize the absolute, verifiable digital scarcity created by Bitcoin.

View Details

Reputational Annihilation: Keeping Your Word In Bitcoin

One of the most important parts of being involved in Bitcoin is maintaining a good reputational standing through good faith.

View Details

UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal

After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit Suisse. According to unnamed sources familiar with the [...]

The post UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal appeared first on Crypto Breaking News.

View Details