Page 49 - Fin Tech News Today

Decentralized finance, or "DeFi" as it's more commonly known, is gaining traction in the business world for its speed, efficiency, flexibility and potential outsize returns.

John J. Ray, CEO of the FTX debtors will testify tomorrow before the U.S. House Committee on Financial Services at a hearing entitled "Investigating the Collapse of FTX, Part I."

This article will review the options the White House has outlined for regulation and oversight of the digital assets sector, based upon a set of reports issued in the last six months.

The so-called "crypto winter" that started this past summer and has continued with vigor—most recently with the bankruptcy of FTX—has potential to have widespread impact in the financial services...

The UAE has long positioned itself at the forefront of innovation in the region and is now strengthening its status by becoming the hub for crypto investors in the Middle East.

The Bankruptcy Code's preference statute is designed to
equalize treatment among creditors.

On November 15, 2022, the SEC's Office of the Whistleblower (OWB) released its annual report to Congress covering the period from October 1, 2021 to September 30, 2022.

The head of policy for stablecoin issuer Circle Internet Financial is quoted in the report as calling CBDCs a "preposterous idea."

Blockchain-based digital assets have existed in an unregulated ecosystem since their inception—a rare financial sector with no comprehensive legislation or regulation...

In order to provide an overview for busy in-house counsel and compliance professionals, we summarize below some of the most important SEC enforcement