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Coinbase (COIN) Becomes the Official Crypto Platform of the NBA

COINBASE NBA

Coinbase Global, Inc. (Coinbase) and the National Basketball Association (NBA) today announced a multi-year partnership that makes Coinbase the exclusive cryptocurrency platform partner of the NBA, Women’s National Basketball Association (WNBA), NBA G League, NBA 2K League and USA Basketball.

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CFTC Orders Tether and Bitfinex to Pay Fines Totaling $42.5 Million

Tether

Tether to Pay $41 million Over Claims that Tether Stablecoin was Fully Backed by US Dollars. Bitfitnex to Pay $1.5 Million for Illegal Transactions While Operating Bitfinex Cryptocurrency Trading Platform and Violation of Prior CFTC Order

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SEBA Bank Launches SEBA Earn to Enable Institutional Access to Crypto Earning Economy

SEBA Bank

SEBA Bank, a a fully integrated, FINMA licenced digital assets banking platform, today announced the launch of SEBA Earn, an institutional-grade solution enabling clients to earn yield on their crypto holdings.

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Brooklyn Nets Partner With Leading Global Blockchain Provider socios.com

socios

Socios.com, the leading global blockchain provider for the sports and entertainment industry, has announced a new partnership with the Brooklyn Nets. Socios.com is a direct-to-consumer (D2C) platform that leverages blockchain technology to provide the world’s leading sports organizations with the tools to engage with their global fanbases.

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CPMI and IOSCO publish guidance, call for comments on stablecoin arrangements

CPMI and IOSCO publish guidance, call for comments on stablecoin arrangements

CPMI and IOSCO call for comments on new consultation report confirming that the Principles for Financial Market Infrastructures (PFMI) apply to systemically important stablecoin arrangements (SAs)

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NatWest Plc pleads guilty in criminal proceedings

National Westminster Bank Natwest

National Westminster Bank Plc (NatWest) entered guilty pleas at Westminster Magistrates’ Court to criminal charges brought by the Financial Conduct Authority (FCA) under the Money Laundering Regulations 2007 (MLR 2007).

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Bitwage raises $1.5mm in 55 hours in recent funding round

Bitwage – the leading provider of Bitcoin and cryptocurrency payroll, invoicing, and benefits – announced this week that they closed $1.5MM in a funding round with online investment platform, BnkToTheFuture. The round oversubscribed to 125% of the company’s target

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CFTC Orders Interactive Brokers LLC to Pay a $1.75 Million Penalty for Supervision Failures

Interactive Brokers

CFTC filed and simultaneously settled charges against Interactive Brokers LLC, a registered futures commission merchant, for failing to diligently supervise the handling of its customer accounts by not adequately preparing and configuring its electronic trading system to receive negative prices and calculate margin on April 20, 2020

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CFTC Imposes A $1.25 Million Penalty against Kraken for Offering Illegal Off-Exchange Digital Asset Trading and Failing to Register as Required

CFTC The Commodity Futures Trading Commission fraud Futures and Options pooled futures

CFTC issued an order filing and settling charges against respondent Payward Ventures, Inc. d/b/a Kraken (Kraken) for illegally offering margined retail commodity transactions in digital assets, including Bitcoin, and failing to register as a futures commission merchant (FCM)

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Currency.com reports 130% client growth in 1H 2021

Currency com reports 130% client growth in 1H

Currency.com Trading volumes soar by 197% on the fast-growing European crypto platform affirming rising levels of crypto adoption among global investors

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