What might growth crypto growth in the East Asia region look like in the months and years ahead? DisruptionBanking spoke to Amber Group’s CEO, Michael Wu.
LPA, the capital markets technology and advisory firm, today announced that it has enhanced its ESG reporting services through a partnership with Globalance, a global pioneer in the field of sustainability.
Michael Wiegand, Director of Financial Services for the Poor at Bill & Melinda Gates Foundation, delivered a keynote speech on the subject of “Democratising Knowledge: The Great Equaliser in a Digital Future.”
To my mind remarkably, Binance seemed to find my minimal regulatory knowledge sufficient to believe I was indeed an expert of ten years’ experience, and duly offered me the role of Senior Regulatory Advisor.
The BNPL remains largely unregulated. There are many critics of such schemes, who suggest that consumers are persuaded into making purchases that they would not otherwise make and cannot necessarily afford.
Since 2017, Gold-i have offered their “Crypto Switch™” product, which has been used by FX brokers wishing to open up cryptos as an additional asset class for their clients. Now Gold-i is seeking to establish itself within the fund management sector and become the “technology of choice” for financial institutions launching crypto funds.
Is Binance serious about becoming “even more compliant?” Or are they simply seeking to hire a couple of people who appear to be experts, just so they can say to the regulators that they have? The company might make grand announcements about doubling its number of compliance staff, but that does not mean much if this is how they are going about their recruitment.
I was keen to investigate how serious Binance really was about cleaning up their act, and how robust the compliance recruitment processes of the world’s biggest cryptoexchange are. So I decided to apply for the role under a fake name and with false credentials.
I was keen to investigate how serious Binance really was about cleaning up their act, and how robust the compliance recruitment processes of the world’s biggest cryptoexchange are. So I decided to apply for the role under a fake name and with false credentials.
Earlier in December we heard the news that Binance had withdrawn its application to obtain a cryptoexchange licence in Singapore. This followed frequent clashes with the regulator in Singapore, which in September prompted Binance to ban its users in the country from trading on its global platform.
Who are the most notorious rogue traders? Do their stories share common features? Is the phenomenon of "rogue trading" an inherent part of the industry, or can better regulation and workplace culture protect against such activity?
Binance is facing a class action lawsuit in Illinois, which alleges that the world’s largest cryptoexchange has unlawfully collected its users’ biometric data.
Over-collateralisation can be problematic for the borrower and, by tying up more capital in an unproductive way, it’s certainly less efficient. Thus, the growing usage of uncollateralised loans, mostly through the Ethereum protocol.
In a panel discussion titled "Web 3.0 in Corporate Banking," Umar Farooq, CEO of Onyx by JPMorgan, shared his insights on how one of the preeminent corporate and investment banks approaches digital transformation, the more widespread use of blockchain technology, and the question of regulation.