Visa Wants to Let Users Set Up Auto Payments From Self-Custody Wallets

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. According to a recent report, Visa published a proposal that would enable owners of Ethereum to set up automatic payments from their self-custody wallets. The process wouldn’t require banks, or any either centralized organizations […]

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After Exchange’s $3.1B Collapse, Insurers to Limit Coverage for FTX-Linked Firms

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Insurers have started to deny or reduce coverage to clients exposed to FTX, the cryptocurrency exchange that collapsed in November this year and now owes more than $3 billion to its creditors. Moreover, insurance […]

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FTX Developments of the Week

Many on Crypto Twitter (CT) were speculating that somehow FTX founder and former CEO Sam Bankman-Fried (SBF) would be protected from prosecution because of his numerous political donations to politicians. But this week, on Monday, SBF was finally arrested by the Royal Bahamas Police Force after the local government received a formal notice from the […]

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Co-Founder of $4B+ OneCoin Pyramid Scheme Pleads Guilty

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. This Friday, the United States Attorney for the Southern District of New York Damian Williams announced that Karl Sebastian Greenwood, the co-founder of OneCoin, plead guilty. His main accomplice, “the Cryptoqueen” Ruja Ignatova, remains […]

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Central Banks to Enforce Standard on Banks’ Exposure to Crypto in 2025

<p class=”MsoNormal”>The Group of Central Bank Governors and Head of Supervision (GHOS) of the Bank for International Settlements (BIS) has endorsed a global prudential standard for banks’ exposure to crypto assets. The Group has also decided on January 1, 2025, as the implementation date for the standard.</p><p class=”MsoNormal”>The standard was developed by the Basel Committee […]

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According to FSOC, “Protection Does Not Exist” For Crypto Investors

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In its latest annual report, the Financial Stability Oversight Council, chaired by Treasury Secretary Janet Yellen, discussed the state of digital assets, and the regulation of the sector in much detail. Perhaps the standout […]

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Comparison Site ‘Finder’ Subsidiary Hit with Lawsuit by the Australian Securities and Investments Commission

The Australian Securities and Investment Commission (ASIC) has filed a lawsuit against Finder Wallet, a subsidiary of Finder.com. The lawsuit alleges that Finder Wallet provided unlicensed financial services, breached product disclosure requirements, and failed to comply with design and distribution obligations (DDO) when it offered its crypto-asset related product Finder Earn. In a media release […]

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Chiliz Launches NFT-Based Sports Memorabilia Authentication Service

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Chiliz, the company behind the Socios platform and its native CHZ token, continues to gain ground as a curated sports memorabilia platform. To verify the authenticity of items from sporting events, such as tickets […]

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