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BIS Report Envisages Tokenized Environment for Monetary and Financial System

Token arrangements may promote the availability of various assets as well as the capacity to integrate several functionalities on a single programmable platform, resulting in increased product flexibility and quicker transaction processing The Bank for International Settlements (BIS) and the Committee on Payments and Market Infrastructures (CPMI) have published a

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Nasdaq Facilitate Raising $14.8 billion for 156 Firms in 2022

In 2022, Nasdaq has welcomed 156 initial public offerings (IPOs). It has facilitated the raising  of $14.8 billion in total. This year, Nasdaq listed 85 operating companies and 71 SPACs, representing an 89% win rate in the US market and extending Nasdaq’s leadership to 36 consecutive quarters. There were 29

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Technology

Bittrex Case – Why Crypto Exchange Players Needs to be More Prudent

Earlier this month, the Financial Crimes Enforcement Network (FinCEN) announced  a $29 million enforcement action against Bittrex for violations of the Bank Secrecy Act (BSA). Bittrex’s AML programme and Suspicious Activity Report (SAR) reporting failures exposed the US financial system to threat actors. Failures at Bittrex exposed users to high-risk

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