Aayush Jindal’s impact on the financial markets, particularly in Forex and cryptocurrency, cannot be overstated. With over 15 years of experience, Aayush has established himself as a highly respected figure, celebrated not just for his technical analysis skills but for his ability to simplify the complexities of financial trading. His journey into the depths of
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The cryptocurrency market is a complex ecosystem that has rapidly evolved over the past decade. Despite the tremendous growth and potential that digital currencies offer, the industry is fraught with challenges, particularly concerning asset custody. As cybercriminals increasingly focus on cryptocurrencies, the need for secure custody solutions has become paramount. This article delves into the
Recently, lawmakers have initiated a joint investigation into the Securities and Exchange Commission (SEC) amid concerns that the agency may have engaged in politically motivated hiring practices. The investigation was prompted by a letter addressed to SEC Chairman Gary Gensler, signed by Judiciary Committee Chairman Jim Jordan, Financial Services Committee Chairman Patrick McHenry, and Oversight
The Law Commission of the United Kingdom (UK) Parliament recently introduced the Property (Digital Assets, etc.) Bill to bring digital holdings under the purview of the country’s legal system. This groundbreaking legislation will redefine how assets such as cryptocurrencies, non-fungible tokens (NFTs), and carbon credits are treated under English and Welsh property laws. The proposed
The US Securities and Exchange Commission (SEC) Commissioner Hester Peirce has recently voiced her concerns regarding the SEC’s Staff Accounting Bulletin No. 121 (SAB 121). These concerns were brought up after a speech by SEC Chief Accountant Paul Munter on September 9, where Munter reaffirmed the Commission’s stance on SAB 121. Despite the growing attention
In the wake of the recent hack on WazirX, leading global auditor Grant Thornton conducted a thorough review of Liminal’s infrastructure to confirm its security. The audit encompassed an examination of all aspects of Liminal’s platform, including the frontend, backend, and user interface (UI). The results of the audit provided assurance that Liminal’s systems were
In a controversial move, North Carolina’s lawmakers have successfully overturned Governor Roy Cooper’s veto on a bill that aimed to prevent the state from implementing a central bank digital currency (CBDC). The Republican-controlled Senate voted 27-17 in favor of House Bill 690, surpassing the required 60% threshold to override the governor’s rejection. This decision effectively
Recently, the Federal Reserve issued a cease and desist order to United Texas Bank (UTB) on Aug. 29, directing it to stop offering crypto services. This action came after an examination conducted by the Federal Reserve Bank of Dallas and the Texas Department of Banking in May 2023. The examination identified alleged deficiencies in UTB’s
Recent news has confirmed that Binance’s co-founder, Changpeng Zhao (CZ), is permanently barred from managing the crypto exchange. Despite initial reports suggesting a three-year ban, CEO Richard Teng clarified that the ban is permanent. This means that CZ will never be able to resume a leadership role at the platform. However, as the largest shareholder
The Qatar Financial Centre (QFC) in Doha has recently introduced a groundbreaking regulatory framework for digital assets. This framework, known as the QFC Digital Assets Framework 2024, aims to establish a secure and transparent ecosystem for digital assets within the QFC. One of the key aspects of this framework is the invitation to both local