News list for " commonwealth"
According to Cointelegraph, Coinbase shareholder Wenduo Guo filed a lawsuit in New Jersey federal court on February 18, accusing the cryptocurrency exchange and its executives of violating securities laws by allegedly withholding information related to bankruptcy risks from investors. The lawsuit alleges that Coinbase and its management did not disclose the risk that user assets could be treated as bankruptcy property, which would make retail users unsecured creditors. The indictment also states...
The yen strengthened against the dollar and other currencies in early Asian trading. The Federal Reserve and the Bank of Japan will both hold monetary policy meetings this week, and if the market focuses on monetary policy convergence between the two, the dollar could fall to a year-to-date low below 140.00 against the yen, the team said in a research note. While the Bank of Japan is expected to keep policy unchanged this week, the bank's governor, Kazuo Ueda, may leave the door open for another...
On September 10, the Federal Court of Australia ruled that Kraken's fiat margin expansion is subject to the Companies Act Design and Distribution Obligation (DDO), while cryptocurrency margin expansion is not restricted. Kraken acknowledges this and has adjusted its margin products to limit retail investors to fiat margin trading, but cryptocurrency margin trading remains unchanged. Kraken also called on Australia to develop clearer regulations for the crypto industry, saying the current legal e...
On Thursday evening, the Federal Court of Australia ruled that Bit Trade, Kraken's cryptocurrency exchange operator in Australia, had failed to comply with legal obligations regarding the design and distribution of margin trading products referred to in civil penalty proceedings initiated by the Australian Securities and Investments Commission (ASIC) in September. Bit Trade's "margin expansion" product, which had been available to Kraken's Australian clients since October 5, 2021, was at the hea...
Recently, the Australian Competition and Consumer Commission (ACCC) claimed in a recent filing with the Federal Court that 58% of the crypto ads it reviews on Facebook are scams. In response, Meta, Facebook's parent company, rejected its view that "more than half of crypto ads on Facebook are scams", saying the data was outdated and steps had been taken to address the issue. A Meta spokesperson argued that "the ACCC data is unlikely to accurately reflect the current state of our platform".
The Australian Securities and Investments Commission (ASIC) has sued the country's main stock exchange, ASX, in federal court, alleging that the exchange made "misleading and deceptive" statements on its now-abandoned blockchain project. ASIC said on August 14 that the ASX's statement that the replacement project for its Clearing House Electronic Sub-Registry System (CHESS) trading platform was "on track to become operational" in April 2023 and was "progressing well" was misleading. The regulato...
The Commonwealth Bank of Australia expects the Reserve Bank of Australia to leave interest rates unchanged today, in a statement likely to reiterate that the committee "does not rule out anything". Reserve Bank of Australia President Block will continue to use the same text he used in this year's press conference. That said, the Reserve Bank of Australia remains vigilant about potential upside inflation risks, while recognizing weak GDP growth and an uncertain outlook. (Golden Ten)
Ripple donated $1 million to the Commonwealth Unity Fund, a new super PAC set up by attorney James Murphy aka @MetaLawMan to overthrow @SenWarren and elect @JohnEDeaton1 as the next Senator from Massachusetts. Murphy donated $50,000.
Ripple向 "联邦团结基金"（Commonwealth Unity Fund）捐赠了100万美元，这是一个由James Murphy律师（又名@MetaLawMan ）成立的新超级政治行动委员会，以推翻@SenWarren并选举@JohnEDeaton1为马萨诸塞州下一任参议员。墨菲捐赠了5万美元。
