Warning Savings protection Warning The AMF and the ACPR warn the public against the activities of several entities offering investments in Forex and in crypto-assets derivatives in France without being authorized to do so

1.3 Wed 30/09/2020 - 12:00 Reference texts Articles 318-44, 321-77, 321-81 and 323-39 of the General Regulation Articles 47, 48 and 92 of Delegated Regulation (EU) 231/2013 of the European Parliament and of the Council of 19 December 2012 …

Some projects sprint. Some projects marathon. And in the world of blockchain innovation, knowing the difference can decide who wins the race for long-term value. The debate around IPO Genie ($IPO) vs BlockDAG ($BDAG) has been heating up. Both have fans. Both have momentum. Both promise a future where blockchain works smarter, faster, and for more people. But which one is actually building a roadmap that can hold up for years, not just the next hype cycle? Let’s break it down in the simplest way possible, using real data and clear examples that make sense for people in crypto investing. Two Different Journeys Toward the Same Future Think of the crypto market like a huge digital landscape. Every project chooses its own path across it. IPO Genie is like a highly trained guide using advanced AI to navigate complex terrain. BlockDAG is like a powerful SUV with a strong engine and a crowd of supporters cheering it forward. Both have power and potential, but they move across the landscape in different ways.  IPO Genie grows smarter. BlockDAG grows larger. Not better or worse. Just different. In the world of top crypto investing, roadmaps act like GPS systems. They show where a project is going, how fast it is moving, and whether the destination makes sense. A strong roadmap usually includes realistic timelines, clear utility, sustainable token design, compliance readiness, and measurable milestones.  Snapshot View: How Each Roadmap Operates? Here is a simple box to help readers visualize the difference without choosing sides. Feature IPO Genie BlockDAG Core Vision AI-powered investing tools High-speed Layer 1 blockchain Growth Style Learns and adapts Expands the ecosystem and miners Roadmap Focus Utility and compliance Mainnet and mining network Community Style Research driven Large and hype driven Token Value Driver AI data and market access Network usage and mining Both show strength in different areas. Now,  let’s explore each project with total clarity. IPO Genie’s Roadmap: A Smart Engine That Learns As It Grows IPO Genie builds around a simple idea. Use AI to unlock opportunities that were once only for major institutions. This includes: AI “Sentient Signal Agents” scanning markets like digital detectives Real-time deal discovery Tokenized private market access A compliance-first foundation through Fireblocks, Chainlink, and CertiK A disciplined presale structure The beauty of this roadmap is that it becomes stronger over time. AI gets smarter. Signals get sharper. User experience improves automatically. Imagine a compass that upgrades itself every time you look at it. That is how IPO Genie behaves in the long run. IPO Genie is also growing fast as the best crypto of December, through real-world visibility.  The project recently sponsored a major Misfits Boxing event, giving it visibility across global fight nights watched by millions. With headline moments like the Andrew Tate vs Chase DeMoor title fight in Dubai, this mainstream spotlight helps build trust and brings new audiences into the ecosystem without complicating its roadmap. BlockDAG’s Roadmap: Big Vision With Big Engineering BlockDAG takes a different approach, but a very impressive one. Instead of AI and private markets, it aims to become a high-speed Layer 1 blockchain with: A hybrid DAG and Proof of Work model EVM compatibility for developers More than 3 million mobile miners Over 19,000 physical miners shipped One of the largest presales in this cycle This project feels like a giant machine built for high performance. The design is bold. It wants to be faster than Bitcoin and more flexible than Ethereum. And it is supported by a very large and enthusiastic community. Big visions often carry more weight. Massive presales, large mining networks, and several launch delays mean the roadmap is heavier to execute. Still, what they are building is remarkable. Many projects never even attempt engineering on this scale. The Turning Point: How These Differences Shape the Future This is where the long-term story becomes clearer. Think of IPO Genie as a tree that grows deeper roots before it grows taller. It becomes stable quietly. Think of BlockDAG as a skyscraper rising fast with cranes and workers. It becomes impressive early. But which structure handles storms better? For crypto investing, long-term value often depends on predictable delivery, sustainable economics, transparent audits, and real-world utility. IPO Genie checks these boxes first. BlockDAG plans to check them as its ecosystem matures. Neither is wrong. They simply move through the race at different speeds and with different loads. Where Each Roadmap Could Be in the Next 24 to 36 Months Let’s keep this grounded, but forward-looking. Ipo Genie Could Achieve: Everyday use of AI tools for investing Rising token demand as features unlock Integration into fintech ecosystems A steady and loyal user base focused on utility Blockdag Could Achieve: Strong mainnet adoption if speeds remain high Growth of a global mining economy A large developer community Strong exchange volume once fully launched Both paths are real possibilities. The outcome depends on execution, not hype. So Which Roadmap Wins Long Term Here is the clearest way to describe it. BlockDAG is building a powerful machine. IPO Genie is building a smart engine. Machines need perfect assembly. Engines need good tuning and fuel. When we look at real-world adoption, compliance, and user accessibility, IPO Genie has a roadmap that looks easier to deliver and easier for users to adopt. It does not need perfect conditions. It only needs steady progress. BlockDAG could achieve massive success if every step lines up smoothly. Its upside is big, but so is the work required. Final Thoughts IPO Genie and BlockDAG both aim to shape the future of crypto, but they take very different paths. BlockDAG focuses on building a large and powerful network, while IPO Genie grows by improving its AI tools and keeping things easy for users.  In crypto investing, long-term success depends on clear goals and steady delivery. BlockDAG aims high but carries more complexity. IPO Genie moves with a simpler and more flexible roadmap. Overall, IPO Genie shows a clearer long-term direction while BlockDAG works toward a much larger vision. Join the IPO Genie presale today:   Official website Telegram Twitter (X) 

SAVE $20: As of Dec. 8, the Amazon Fire Stick 4K Max is on sale for $39.99 at Amazon. That's a 33% discount on the list price. Opens in a new window Credit: Amazon Fire Stick 4K Max $39.99 at Amazon $59.99 Save $20   Get Deal If you've been waiting for the Fire Stick 4K Max to go back on sale, now is your time to pounce. The famed streaming device just got a $20 discount at Amazon, bringing it to its second cheapest price of the year (only slightly beaten by the recent Black Friday price). This discount brings the price down to $39.99.The Amazon Fire Stick is always worth it, especially with a discount like this. With this specific model, not only are you getting to watch your favorite shows and movies in 4K Ultra HD, with support for Dolby Vision, HDR10+, and immersive Dolby Atmos audio, but you're also getting 16GB of storage, which is double other models. So, if you plan to download lots of apps, games, and TV shows, this Fire TV Stick is the one for you. Mashable Deals Be the first to know! Get editor selected deals texted right to your phone! Get editor selected deals texted right to your phone! Loading... Sign Me Up By signing up, you agree to receive recurring automated SMS marketing messages from Mashable Deals at the number provided. Msg and data rates may apply. Up to 2 messages/day. Reply STOP to opt out, HELP for help. Consent is not a condition of purchase. See our Privacy Policy and Terms of Use. Thanks for signing up! You can also use it to game without a console. Play Xbox games like Forza Motorsport, Starfield, Palworld, and hundreds more with the Xbox Game Pass via cloud gaming. And it's all so easy to set up. Plug the Fire TV Stick into your TV's HDMI port and connect it to an outlet. Turn your TV on with your new, Amazon remote, and get ready to stream with the Fire OS. It couldn't be simpler. The box comes with everything you need, including batteries for the remote and an extension cable for the Fire Stick (so it can still fit even if your TV is secured tightly to the wall).Grab this great deal from Amazon while it's still available.

A critical security flaw in the Sneeit Framework plugin for WordPress is being actively exploited in the wild, per data from Wordfence. The remote code execution vulnerability in question is CVE-2025-6389 (CVSS score: 9.8), which affects all versions of the plugin prior to and including 8.3. It has been patched in version 8.4, released on August 5, 2025. The plugin has more than 1,700 active

Singapore Foreign Reserves (MoM) rose from previous 392.2B to 400B in November

A busy week lies ahead with several key economic events on the calendar, but Monday begins quietly, with no significant releases. On Tuesday, the main focus will be the RBA’s monetary policy announcement and the ADP employment change and JOLTS job openings data in the U.S. BoJ Governor Ueda will take part in a moderated discussion on inflation, interest rates, financial stability and the yen’s external value at the Financial Times Global Boardroom Conference in London. Wednesday will bring the BoC’s monetary policy announcement, followed by the highly anticipated FOMC meeting in the U.S. On Thursday, Australia will release its employment change and unemployment rate, Switzerland will announce its SNB monetary policy decision, and the U.S. will publish its weekly unemployment claims. Closing the week on Friday, the U.K. will release its GDP m/m figures. At this week’s meeting, the RBA is expected to keep rates unchanged. Recent data suggests the economy is beginning to gain momentum, as reflected in the Q3 National Accounts. While the monthly CPI came in above expectations, Westpac analysts note that the strongest price increases were concentrated in sectors heavily influenced by government policy rather than market forces, highlighting ongoing structural drivers of inflation. For now, the Bank will continue monitoring incoming data before determining the next steps for monetary policy. Expectations are that inflationary pressures will moderate next year, opening the door for the RBA to deliver two 25 bps rate cuts. This week brings the JOLTS data for both September and October, which should shed more light on the softening U.S. labor market. The consensus for the October release is 7.14M job openings. Markets will be focused on key indicators such as the job-openings-to-unemployment ratio and the quit rate. Wells Fargo analysts note that the openings-to-unemployed ratio fell below 1.0 in August, and a further decline would signal a growing imbalance between labor demand and supply. Meanwhile, the quit rate has held steady at 1.9% throughout the year, but a meaningful drop would suggest workers are becoming more cautious in response to a weakening labor environment. At this week’s meeting, the BoC is expected to keep rates on hold after delivering two consecutive cuts in September and October. Since then, Canadian economic data has pointed to a recovery. GDP has exceeded expectations, and the labor market has stabilized, with employment rising by 54,000 in November and the unemployment rate falling from 7.1% to 6.5%. The recent rate cuts have also supported household spending. Inflation, however, remains above the Bank's 2% target, and there could be some upward pressure next year due to both consumer and government spending. Even so, markets do not expect further rate cuts in 2026. At this week’s FOMC meeting, a 25 bps rate cut is likely, though given the recent divisions within the Fed, it could be a close call. Inflation remains a concern in the U.S., particularly due to tariff-related price increases. However, signs of softening in the labor market tilt the odds toward a rate cut, an outlook echoed by several influential policymakers. The Fed will also release its updated economic forecasts. Some analysts expect the projections to show just one additional rate cut in 2026, while market pricing currently anticipates two to three rate cuts next year. Markets are also closely watching the possibility of a new Fed chair nomination in 2026. If the White House selects a widely expected candidate such as Kevin Hassett, investor focus could shift from worrying that the Fed is being too slow to cut rates to fearing that it might ease policy too aggressively. This would introduce an additional layer of uncertainty to early-year monetary policy expectations. In Australia, the consensus for employment change is 20.3K, down from 42.2K previously, and the unemployment rate is expected to edge up from 4.3% to 4.4%. Although October’s employment data exceeded expectations, Westpac analysts note that the three-month trend in job creation has slowed to roughly 1.5% annualized, which is about half a percentage point weaker than earlier in the year. The Q3 Labour Account also highlights a shift beneath the surface: Industries that expanded rapidly during the care-sector hiring boom are now normalizing, while market-oriented sectors are gradually regaining momentum. Labour demand strengthened while labour supply held steady, with the participation rate unchanged at 67.0%. The unemployment rate fell last month from 4.5% to 4.3%, but signs suggest it is still drifting gradually higher. Much of the recent month-to-month volatility is coming from younger workers, whose unemployment rate has swung sharply and has tended to lead the gradual rise now becoming visible in the broader adult workforce. For this week’s meeting, the SNB is expected to keep rates unchanged. Inflation in Switzerland has fallen more than expected, but for now it is unlikely that the Bank will respond by easing policy. Inflation is expected to hover around zero for some time, and the SNB could cut rates by 25 bps to –0.25% in March next year, returning to negative interest rates as inflation dynamics become a growing concern. However, such a move would require a higher threshold and will come only if other options have been exhausted.In the U.K. manufacturing output decreased in September on the heels of the major cyberattack that caused Jaguar Land Rover to halt production for several weeks. This has since been resolved and October GDP is expected to show a modest improvement of 0.1% compared to -0.1% the previous month. This article was written by Gina Constantin at investinglive.com.

The EUR/USD forecast remains bullish amid a weaker dollar and a resilient Eurozone economy. ECB officials highlight the EU’s stable inflation, pointing to a likelihood of a rate hike next year. All eyes are on the FOMC press conference and labour data to provide fresh impetus to the market. The EUR/USD pair opened the week... The post EUR/USD Forecast: Bulls Intact Amid German Data, Hawkish ECB appeared first on Forex Crunch.

Despite an initial show of resistance to the Netflix-Warner Bros. Discovery deal, stranger things have happened in the Trump administration.

If you are currently an active trader with Nadex, please ensure that you close out all open positions by end of business on Friday, Dec 20th, 2025. The post CDNA migrates to Crypto.com app appeared first on FX News Group.

MoneyGram Haas F1 Team added a new sponsor last week, announcing online broker IC Markets as its official Forex trading partner. The sponsorship agreement was announced ahead of the formula season finale at the Yas Marina Circuit, which took place yesterday (Sunday).Haas F1 Team Signs Sponsorship Deal With Online Broker IC MarketsThe multi-year deal puts IC Markets branding on several prominent spots of the Haas car, including the nose, front wing, halo, and cockpit headrests. The partnership marks the largest motorsport sponsorship for the Australia-based broker, which serves clients in more than 200 countries.The timing coincides with a brand refresh for IC Markets, which shortened its name to "IC" as it looks to expand further in 2026. Tony Philip, the company's Chief Marketing Officer, described Formula 1 as a natural fit for a business built around speed and precision."Formula 1 is the perfect expression of precision, discipline, and performance under pressure, qualities that resonate deeply with IC and with the traders we serve around the world," Philip said in a statement.Brand Refresh Accompanies F1 EntryThe deal represents a shift in marketing strategy for IC Markets, which has operated since 2007 offering retail access to forex, stock indices, commodities, and cryptocurrency trading. "The UAE is shaping the future of global finance, making Abu Dhabi the perfect stage for this partnership," Jason Hughes, General Manager for the Middle East and North Africa region, noted the location of the announcement.The company recently made it easier for its clients to access copy-trading services by adding a cTrader widget to the client area. Earlier, it announced plans to expand its global presence by entering the UAE market.F1 Sponsorships Gain Traction Among BrokersFormula 1 sponsorship has become increasingly attractive to financial services companies as the sport expands its global reach. The series added races in Miami, Las Vegas, and Saudi Arabia in recent years, while viewership has grown substantially in key markets like the United States.IC Markets joins a crowded field of trading platforms advertising in F1, including several competitors that already sponsor teams or races like Vantage, which announced a partnership with Ferrari's Formula 1 team, Scuderia Ferrari HP in February.Around the same time, Libertex also joined the group of Formula One sponsors through its partnership with the Kick Sauber F1 Team, while Public became a supporter of the Aston Martin Aramco Formula One Team. This article was written by Damian Chmiel at www.financemagnates.com.

Identity verification platform Trulioo has announced it is joining Google’s Agent Payments Protocol (AP2) initiative to support secure, agent-led payments across digital platforms. The collaboration aims to establish a framework for trust and accountability as AI agents increasingly handle transactions on behalf of users. Google launched AP2 to provide an open, standardised framework for digital payments that connects financial institutions, fintechs, and merchants. The protocol creates a common language designed to allow AI agents to initiate and complete transactions. Crucially, it maintains necessary transparency, authorisation, and compliance standards across different ecosystems. As part of the initiative, Trulioo will apply its identity verification infrastructure. The goal is to demonstrate the utility of a “Digital Agent Passport” (DAP). The DAP intends to introduce a verifiable trust layer within AP2. This mechanism works in tandem with the company’s “Know Your Agent” (KYA) framework. This mechanism is designed to ensure that digital agents are authenticated, authorised, and held accountable prior to executing any transaction. Vicky Bindra, CEO of Trulioo, commented on the necessity of establishing trust within autonomous commerce. Vicky Bindra “The future of commerce belongs to agents that can think, act and transact independently, but only if they can be trusted,” Bindra said. “By joining AP2, we’re helping define the identity backbone for autonomous payments, where verified agents transact transparently, responsibly and at machine speed”. This move deepens the existing relationship between the two companies, as Google currently leverages Trulioo’s Global Identity Platform for Know Your Customer (KYC) verification, fraud prevention, and abuse mitigation across its payments organisation. Featured image: Edited by Fintech News Singapore based on an image by rawpixel.com via Freepik. The post Trulioo Joins Google Agent Payments Protocol to Secure AI Transactions appeared first on Fintech Singapore.

A good game story cannot be achieved through the use of interesting characters or thrilling gameplay. Immersive storytelling requires narrative structure, timing, and sequencing through visual means. The cutscenes are important in the presentation of important moments in the story, yet can be complicated to plan. The synchronization of character behavior, camera shots, and the […] The post Craft Game Narratives Clearly with AI Storyboard Cutscene Tools appeared first on TechBullion.

Robinhood Markets (NASDAQ: HOOD) will acquire two Indonesian financial firms - Buana Capital Sekuritas and Pedagang Aset Kripto - as the trading app targets one of Asia's hottest cryptocurrency markets.The company announced the deal yesterday (Sunday), marking its first major move into Southeast Asia. Financial terms weren't disclosed, but the transaction is expected to close sometime in the first half of next year.Robinhood Acquires Indonesian Brokerage, Crypto Firms in Southeast Asia PushIndonesia has become one of the world's largest crypto adoption markets, with roughly 17 million cryptocurrency traders and 19 million capital market investors. The country's young, tech-savvy population and favorable regulations have made it attractive for U.S. financial firms looking to grow outside their home markets."Indonesia represents a fast-growing market for trading, making it an exciting place to further Robinhood's mission to democratize finance for all," Patrick Chan, Head of Asia at Robinhood, said.In recent months, many retail trading firms have turned their attention to the region. Toward the end of last year, Doo Financial received a license there, followed shortly by XTB. Both companies aimed not only to access a large local market, but also to gain entry to clients in neighboring countries across the region.Two Acquisitions Speed Market EntryBuying an existing brokerage helps companies meet local regulatory requirements faster than building operations from scratch. The crypto trader acquisition gives Robinhood immediate access to Indonesia's digital asset infrastructure.Pieter Tanuri, who owns the majority stake in both Indonesian firms, will stay on as a strategic adviser after the deal closes.The move comes as Robinhood looks beyond its core U.S. market, where it built a massive following by eliminating trading commissions and simplifying stock investing through a mobile app. Product ExpansionTo achieve this,Robinhood has been expanding its product lineup aggressively this year. The company joined the S&P 500 index in September and launched prediction markets in March. Last month, it acquired MIAXdx to reduce dependence on third-party providers like Kalshi for event-based trading contracts.The platform has also been pushing tokenization of traditional securities. CEO Vlad Tenev described it as "the biggest innovation in capital markets" in more than ten years, outlining plans to let users use tokenized stocks as collateral for crypto loans.Robinhood shares have climbed 268% this year through December 5, far outpacing the broader market. The stock went public in New York in 2021.However, XTB's CEO Omar Arnaout said he expects Robinhood will struggle to replicate its U.S. success in Europe. The Poland-based platform executive called XTB the continent's answer to the American brokerage and questioned whether Robinhood's model would work across fragmented European markets. This article was written by Damian Chmiel at www.financemagnates.com.

Three years after the collapse of the Bahamas-headquartered cryptocurrency exchange FTX, the country continues to feel the impact and has not yet recovered from the resulting reputational damage, Christina Rolle, Executive Director of the Securities Commission of the Bahamas, said in a recent interview. This underscores the long-term consequences that such a widespread financial scandal can have on a nation’s credibility. Speaking to Henri Arslanian for his “The Future of Crypto Compliance” podcast series, Rolle reflected on the aftermath of the FTX collapse on the Bahamas. She noted that while most regulators worldwide and those familiar with the crypto space understand that the situation was handled appropriately, parts of the public still associate the country with FXT, a negative perception that’s is likely to persist. “I don’t know that [the Bahamas] are fully recovered [from the FTX saga],” Rolle said. “I think that there are quarters that will still hold our feet to the fire over that. The truth is, we handled that very well, and our legislative framework was, in fact, very strong in order to address that situation. Certainly, that’s usually the sentiment among regulators. That’s usually the sentiment among people who have a deep knowledge of the crypto world as well. But then there’s the wider public that probably doesn’t have that level of inside knowledge, and I think we’re still fighting those perceptions. We probably will always be fighting those perceptions in the same way that we’ll always be fighting the perception that we’re a tax haven or that we’re a money laundering center or something like that.” Setting up in the Bahamas Rolle retraced FTX’s entry into the Bahamas, recalling that the company first approached regulators after the jurisdiction introduced the Digital Assets and Registered Exchanges (DARE) Act in late-2020, governing digital asset businesses in the country. At the time, the Bahamas was among the few jurisdictions in the world to have a proper regulatory framework for digital assets. “We passed the legislation in December of 2020, and [FTX] started to approach the Bahamas in February 2021,” Rolle recalled. “We thought we would develop this framework and we would have a trickle of exchanges globally who would be interested, but we never thought in our wildest dreams that we would attract perhaps the second largest crypto exchange in the Bahamas.” It took roughly seven months to get FTX’s application to reach a stage of approval in-principle as well as extensive back and forth to ensure compliance with its legal obligations. Initially, FTX planned only to obtain to a license in the Bahamas. However, after China clamped down on cryptocurrencies in late-2021, FTX decided to make the Bahamas its official headquarters and moved related entities, such as Alameda Research, to the Bahamas as well. The government welcomed the development, believing that the company’s presence would attract other crypto firms. At the time, the move was seen as a success as a reputable company was choosing the Bahamas as its base. FTX quickly began influencing the local economy, particularly in the real-estate market. “This was an entity that, within a very, very short space of time, they probably acquired more than US$200 million in real estate in probably less than a year,” Rolle said. “That’s a game changer for the economy of the Bahamas in such a short period of time.” The collapse Rolle then recounted the events of November 2022, when FTX collapsed, explaining that Bahamian regulators first learned about the company’s problems through social media. During a call with Ryan Salameh, former CEO of FTX Digital Markets, the FTX subsidiary based in the Bahamas, and Ryne Miller, FTX US’s former general counsel, the executives admitted to fraudulent activity, leading Rolle to move quickly to suspend FTX’s license and place the company into liquidation to protect customers and creditors. “We had to mobilize quickly to prepare ourselves to go to court the next day,” Rolle explained. “We made the internal decisions we needed, we needed to identify a liquidator … and we had to go through some enforcement protocols to do that … So I filed a letter with the police, basically an initial criminal complaint to trigger an investigation on their end [the very next day] … and put them into liquidation. I was having conversations with the Securities Commission, the Police, having conversations with liquidators, also trying to get those items coordinated.” Because the Securities Commission placed FTX Digital Markets into liquidation, Bankman-Fried rushed to file for Chapter 11 bankruptcy in the US before the end of the same day. This triggered a broader wind-down and restructuring process for FTX entities worldwide. In the days that followed, the Securities Commission took control of FTX’s digital assets for safekeeping, describing this as an unprecedented move for a regulator. “We [had] the legislative power to take these assets into our custody but I knew that we had to think through this process very, very quickly, so I spent a couple hours opening a wallet with Fireblocks to receive these assets,” Rolle recalled. “I needed a specific litigator who could go before a court and explain to them what these assets were, first of all, and why it is that we needed to take them into our custody for safekeeping, which was an extraordinary act and something that regulators really aren’t used to doing, or used to thinking that they would have to do. All of this was new territory. Our primary concern at that point was protecting the interests of clients and creditors.” At that point, police had already confiscated Bankman-Fried’s passport, as well as that of Gary Wang, former CTO and co-founder of FTX. Authorities were concerned they might not gather enough evidence within the 72-hour limit required to file charges, and if they failed to do so, Bankman-Fried and Wang could flee, especially given the Bahamas’ proximity to Cuba, which has no extradition treaty. In hindsight Reflecting on the aftermath, Rolle said the regulator did well in sticking to clear principles rather than trying to plan for every possible scenario. However, in hindsight, she believes the regulator should have put both FTX Digital Markets and FTX Trading into liquidation. Though FTX Digital Markets was the main regulated entity underpinning the group’s international exchange operations, FTX Trading was the parent company and controlled multiple subsidiaries including US entities. Limiting the action created unnecessary jurisdictional conflict between the US and the Bahamas, triggering a power struggle with US courts and regulators over assets, decision-making, and control of the broader FTX group. “[The whole US/Bahamas issue] created a fight that was unnecessary, … and an unnecessary territorial fight,” Rolle said. “Now, do I think that we had, that we have the manpower in terms of the resources to have dealt with that entire, the entire scope of FTX globally? We probably would have had to bring in resources … lawyers, crypto experts, and others from the US … because we don’t have enough of them in the Bahamas. But certainly, I think that had we made that move, it could have gone a lot smoother.” The future of Digital Assets in the Bahamas Since the collapse, Rolle said the Bahamas has introduced additional digital asset legislation, and finalized a new framework in 2024. She expects global regulation to increasingly converge as crypto becomes more widely accepted and institutional players enter the space. “What I see right now is a shift,” Rolle said. “About four years ago, it was very much focused around the crypto bros. Now you have a lot more institutional players in the space; institutional players that are used to the regulation of traditional finance. And so they expect regulation [in the crypto space]. Now you see regulation becoming more thoughtful. It’s converging around principles. And so I think that’s the future. I think crypto, certainly blockchain-based activity is here to stay … especially tokenization.” Looking ahead, Rolle sees the Bahamas as a hub for crypto companies looking to operate outside the heavily regulated major markets, like the US, or the European Union (EU). “If someone wants to be regulated or someone wants to do business with US persons, they will need to be regulated in the US and they would need to seek that. If they want to do business with Europeans, they will need to be regulated in one of the EU countries that have signed on to the legislation,” Rolle said. “But there remain those outside of those major jurisdictions, especially in … huge markets … like Latin America, or parts of Asia … where they is a gap in legislation, and certainly a gap in aligning structures around what’s going on in the big jurisdictions. “I think that’s where the Bahamas comes in. We can be a sort of ‘rest-of-the world regulatory strategy’ … but aligned with regulation in those major jurisdictions … for persons who may have, say, for example, a license in the US to do business with US persons, but they also want to operate elsewhere.”   The post Bahamas Still Grapples with the Reputational Fallout of the FTX Collapse appeared first on Fintech Schweiz Digital Finance News - FintechNewsCH.

China's overall exports surpassed market expectations in November as manufacturers loaded up shipments to other markets.

According to findings by the financial supervisory authority, the unknown operators offer asset management and investment advice on the website without the necessary authorisation. They contact potential investors unsolicited and offer to sell alleged pre-IPO shares by email. 

AUD/CAD dropped by around 80 pips in the last trading sessions, but it also looks like it found a floor near a key area of interest. Will the pair extend its uptrend?