The Securities and Exchange Commission (SEC) has introduced a controversial new rule requiring market participants engaged in significant liquidity-providing roles, including those in the cryptocurrency sector, to comply with federal securities laws. According to a statement by SEC Chair Gary Gensler, the rationale behind this rule is to enhance investor protection, market integrity, and transparency. The rule applies to transactions involving crypto assets meeting the definition of securities or government securities, with exceptions for entities with assets less than $50 […]

Ledgernomic

02.03.2024

Good News for Gemini Earn Users - Ledgernomic

Gemini Earn users finally got a resolution to the “EARN” saga, as yesterday the crypto exchange resolved the ongoing dispute surrounding the defunct program. The company reached a settlement with the New York Department of Financial Services (NYDFS), which guarantees full asset recovery for users affected. As part of the settlement terms, Gemini has pledged to allocate $40 million to Genesis, the service provider for the Earn program, to assist in its ongoing bankruptcy proceedings. Additionally, the company has committed […]

Ledgernomic

14.03.2024

Hong Kong is Moving Forward with Both Retail and Wholesale CBDC - Ledgernomic

A number of announcements have recently come out of Hong Kong regarding Central Bank Digital Currencies (CBDCs). The recent announcements from the BIS Innovation Hub Hong Kong Centre and the Hong Kong Monetary Authority (HKMA) center on both the tokenisation of interbank payments and making retail CBDCs more palitable to the general public by focusing on privacy. Let’s delve into the key developments in both retail and wholesale CBDC initiatives: “Project Ensemble” focuses on advancing wholesale Central Bank Digital Currency […]

Ledgernomic

20.03.2024

Atlas Navi Partners with One of Europe's Largest Oil and Gas Companies - Ledgernomic

Atlas Navi has just announced a new partnership with OMV Petrom – Southeast Europe’s largest oil and gas company. On X, the AI navigation app, which enables users to earn cryptocurrency while driving, unveiled that AtlasNavi drivers can now convert their $NAVI tokens into fuel vouchers directly within the Atlas Market app. Right now the vouchers can be utilized at any of OMV/Petrom’s 555 fuel stations across Romania. However, Atlas Navi hinted they would expand the partnership to other European […]

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Cryptocurrency

The SEC Adopts Controversial New Rule: Potentially Problematic for DeFi - Ledgernomic

Good News for Gemini Earn Users - Ledgernomic

Hong Kong is Moving Forward with Both Retail and Wholesale CBDC - Ledgernomic

Atlas Navi Partners with One of Europe's Largest Oil and Gas Companies - Ledgernomic

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