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Showing posts from July 25, 2024

SBI and Franklin Templeton Collaborate to Create Digital Asset Management Firm

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Japan’s SBI Holdings plans to create a new investment management company in collaboration with major U.S. asset manager Franklin Templeton by the end of the year. This joint venture will focus on managing digital assets. The new entity will be 51% owned by SBI Holdings and 49% by Franklin Templeton. This move aligns with the […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/3MSpwsc

UK Regulator Fines Coinbase’s CB Payments $4.5 Million for Serving High-Risk Customers

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The UK Financial Conduct Authority (FCA) has fined Coinbase’s payments arm, CB Payments Limited, £3,503,546 for breaching compliance rules by serving high-risk customers despite restrictions. The regulator explained that this marks the FCA’s first enforcement action against a firm facilitating cryptoasset trading. The violations involved significant transactions undetected for almost two years. FCA Fines Coinbase’s […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/3MSpwsc