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Tag: Wells

Binance May Leave America for Good Amid Crypto Crackdowns

Changpeng Zhao denied that Binance Holdings would cut ties with U.S. partners. The crypto giant may delist tokens from American crypto firms, according...

Crypto lawyer: It’s Really Hard to Navigate without Any Clear Rules

Mike Selig said the SEC finds it hard to handle crypto without clear directions. The crypto lawyer believes the SEC’s action against Paxos and...

Binance Expects to Pay Fines to Settle With US Regulators for Past Conduct: Report

Crypto exchange Binance expects to pay fines to U.S. authorities to settle regulatory and law-enforcement investigations over its past conduct, the company’s chief...

Coinbase CEO Urges Congress to Pass Clear Crypto Legislation — Warns America Risks Losing Financial Hub Status

Coinbase CEO Brian Armstrong has called on Congress to pass clear crypto legislation, warning that the U.S. risks losing its status as a...

NBA Hall of Famer Paul Pierce Charged by SEC for Touting EMAX Tokens

The U.S. Securities and Exchange Commission (SEC) has charged Basketball Hall of Famer Paul Pierce for touting EMAX tokens and making misleading comments...

Industry reacts: US cracks down on crypto, India calls for regulatory collaboration

The U.S. financial regulators’ crackdown on the cryptocurrency industry started to intensify this week as the New York Department of Financial Services (NYDFS) ordered...

Circle Denies Receiving ‘Wells Notice’ Over USDC

The business that generates USD Coin (USDC), Circle, has denied allegations that it has been served with a "Wells Notice" in connection with its...

Regulating AI: Lessons from Wells Fargo

The White House in October released its blueprint for an AI Bill of Rights as more technology, data and automated systems hit the market,...

BUSD, Paxos, and the Recent Scrutiny of Paxos

Financial services using cryptocurrencies The head of research at Matrixport is of the opinion that the current investigation of Paxos and its Binance USD...

Arvest Bank CTO joins Bank Automation Summit US 2023

Ninish Ukkan, chief technology officer at Arvest Bank, will join the panel “At the core: Strategies for addressing legacy core systems” at Bank Automation...

Scientists Say They Can Bring Back the Dodo. Should They?

With a massive beak, googly eyes, rotund body, and disproportionately small feathered tail, the dodo is iconic for all the wrong reasons. The flightless...

BNB Crashes 10% Amid Uncertainty Around Binance

Binance Coin (BNB), created and issued by the exchange Binance has suffered a massive drop in its price action.  The crash follows an investigation...

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