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Showing posts from July 3, 2024

Mexican Startup Kavak Issues Tokenized Debt to Invest in Brazil’s Used Car Business

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Kavak, one of the largest Latam-based startups in the used car business, has issued tokenized debt to invest in the Brazilian car market. According to local sources, the company has already tokenized almost $1 million in commercial notes using Liqi, a tokenization platform, and aims to issue over $5 million. Kavak Bets on Tokenized Debt […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/TN4e6Ag

CFTC Wins Case Against Crypto Fund Operators

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The U.S. Commodity Futures Trading Commission (CFTC) filed a case against Sam Ikkurty, Ravishankar Avadhanam, and Jafia LLC for civil violations of the Commodity Exchange Act (CEA), specifically involving cryptocurrency investments. The court granted the CFTC’s motion for summary judgment on Monday, finding that the defendants misrepresented the performance of their crypto funds, operated a […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/TN4e6Ag

Russian Central Bank Suggests Using Crypto to Counter Western Sanctions

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Russia’s central bank has urged businesses to consider various payment solutions, including cryptocurrencies and digital assets, to manage transactions with foreign partners and counter Western sanctions. Bank of Russia Governor Elvira Nabiullina highlighted that the central bank has softened its stance on the use of cryptocurrencies in international payments. She also mentioned ongoing efforts to […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/TN4e6Ag

EU–US Financial Forum Highlights Cooperation on Crypto Regulation

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The EU–U.S. Joint Financial Regulatory Forum took place last week, with participants exchanging views on topics of mutual interest as part of their regular financial regulatory dialogue. The dialogue was hosted by the European Commission and the U.S. Department of the Treasury. During the forum, participants discussed digital finance and crypto assets, focusing on regulatory […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/TN4e6Ag