# SEC takes action against two meme stock wash traders

# SEC takes action against two meme stock wash traders

“# SEC takes action against two meme stock wash traders ” The U.S. Securities and Exchange Commission has filed a complaint against two Robinhood users over an alleged wash-trading-based arbitrage scheme that utilized meme stocks. According to a Sept. 27 complaint, defendants Suyun Gu and Yong Lee took advantage of differing trading fee schedules offered…

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# Adapt or die: Payments giants partner with crypto firms to ensure security

# Adapt or die: Payments giants partner with crypto firms to ensure security

“# Adapt or die: Payments giants partner with crypto firms to ensure security ” Institutional interest for digital assets continues to grow rapidly, demonstrating that cryptocurrencies, stablecoins and nonfungible tokens (NFT) are here to stay. At the same time, traditional financial institutions are beginning to understand the dire need to properly support digital assets. For…

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# Mastercard acquires major crypto forensics outfit CipherTrace

# Mastercard acquires major crypto forensics outfit CipherTrace

“# Mastercard acquires major crypto forensics outfit CipherTrace ” Mastercard’s focus on crypto and digital currencies appears to have taken a greater dimension given the company’s recent move. According to a release on Thursday, the global payments giant has reached an agreement to acquire CipherTrace, a blockchain intelligence firm with crypto forensics capabilities for over…

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# China’s new blockchain infrastructure to digitize securities and futures

# China’s new blockchain infrastructure to digitize securities and futures

“# China’s new blockchain infrastructure to digitize securities and futures ” Chinese regulators including the Securities Association of China (SAC) and the China Securities Regulatory Commission (CSRC) held a meeting in Beijing to promote blockchain in the securities industry and discuss regulations. In the symposium organized by China Securities Industry Alliance Chain and Off-site Alliance…

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