Gemini and Genesis File Motion to Dismiss SEC’s Lawsuit against Earn Program

The outcome of the SEC’s lawsuit against Gemini and Genesis is expected to have significant implications for the crypto industry and its evolving regulatory landscape. Gemini crypto exchange, and Genesis, an insolvent crypto lender, have jointly filed a motion in US federal court, seeking the dismissal of the complaint filed by the United States Securities … Read more

Binance Launches Capital Connect for VIP Program Users

Binance noted that it will provide crucial information through Capital Connect including assets under management (AUM) of different funds, their performance records, and minimum investment amounts. The leading centralized exchange with more than $38 billion in daily traded volume Binance has continued to re-invent the financial markets for the betterment of the globally unbanked population. The … Read more

Bank of England and BIS Completes Project Meridian for DLT Settlement Program

The researchers at Project Meridian identified several benefits of synchronization including reduction of risk, time, and cost invoked in settling a range of transactions. In a joint financial program dubbed Project Meridian, the Bank of England and the Bank for International Settlements (BIS) Innovation Hub London Centre investigated the use of modern technology to advance … Read more

UK Announces £5.5M Program in Support of Fintech Industry

The newly announced hub, dubbed the Centre for Finance, Innovation, and Technology, is designed to unify talents across all fields in support of the fintech space. The UK Treasury and the City of London Corporation are rolling out a £5.5 million program to support the fintech industry. The UK fintech space is growing massively and … Read more

Sony Partners with Astar Network to Introduce Web3 Incubation Program

The incubation program will essentially concentrate on real-world use cases of blockchain. Sony Network Communications, another subsidiary of The Sony Group, has partnered with a multi-chain smart contract network called Astar Network to introduce a Web3 incubation program for projects that target the use of Non-Fungible Tokens (NFTs) and decentralized autonomous organizations (DAOs). In a … Read more