Nasdaq Will Repurpose Tech from Curtailed Crypto Foray

Nasdaq Will Repurpose Tech from Curtailed Crypto Foray

Nasdaq Inc. is planning to repurpose the technology it developed for a curtailed foray into cryptocurrency. In July, Nasdaq postponed debuting its bitcoin custodian business in the United States, although it is still working on tokenized asset technology. In an interview with Bloomberg Television, Nasdaq co-president Tal Cohen disclosed intentions to launch this technology as […]

Nasdaq gets SEC Approval for AI trading Orders

Sam Bankman-Fried Sues Insurer for Defense Fees as Trial Begins

Artificial intelligence-driven order classification has the potential to further enhance the efficiency of stock trading. The United States Securities and Exchange Commission (SEC) has approved Nasdaq’s request to launch the first AI-driven order type on September 8. This innovative system, dubbed the “dynamic midpoint extended life order” (M-ELO), develops upon the existing M-ELO automated order […]

Binance Blocks Sanctioned Users with Advanced Tech

Binance Blocks Sanctioned Users with Advanced Tech

The crypto exchange claims it has invested millions in a compliance program and uses IP blocking, VPN detection, and other tools to prevent access from blocked jurisdictions. Binance, one of the largest crypto exchanges in the world, has published a post by its Global Head of Sanctions, Chagri Poyraz, detailing how it prevents users from […]

Host of Companies Set to Partake in Brazil’s CBDC Pilot

Senate approves 'Bitcoin law' in Brazil

National and international companies, including Visa, Microsoft, and Santander, will participate in the Brazilian central bank’s upcoming digital currency pilot project (CBDC). The central bank released the final list of CBDC pilot participants on May 24. Participants were selected from 36 bids submitted by single corporations and consortia, “totalling more than 100 institutions.” The total […]