Latest news by Rick Steves
ASIC Charges CBA for Wrongfully Charged Fees, Again
The Australian Securities and Investment Commission is bringing the Commonwealth Bank of Australia (CBA) to Court, alleging the bank charged monthly access fees to customers when it was not entitled to do so. ASIC estimates…
Visa and Paypal Announce Major Breakthroughs for Crypto Payments
Visa has announced a major industry breakthrough. The payments technology company is bridging the worlds of digital and fiat currencies by using USD Coin (USDC) to settle a transaction with Crypto.com in a pilot test…
ICE’s Bakkt Launches Digital Wallet
Bakkt Holdings has launched the Bakkt App, a digital wallet that brings together bitcoin and other forms of digital assets into one platform. The Bakkt App is designed to amplify consumer spending, reduce payment costs,…
Broadway Technology Hires Ex-Refinitiv Michael Chin as CEO
Broadway Technology has appointed Michael Chin as Chief Executive Officer. As part of the executive team expansion, Broadway co-founder and board of directors’ member Tyler Moeller will become Chief Innovation Officer, continuing his leadership of…
Canada regulators announce crypto trading guidance
The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) have outlined securities law requirements that apply to crypto asset trading platforms (CTPs). Louis Morisset, CSA Chair and President and CEO…
Avanti Raises $37m to Launch Digital Asset Bank in the US
Avanti Financial Group has raised $37 million in a Series A financing round which was upsized twice due to market demand. The firm will use the proceeds to fund the required regulatory capital needed to…
Bao Huynh Rejoins Invast Global as Marketing Director
This is not the first time Mr. Huynh joins the Sydney-based multi-asset prime broker with offices in Tokyo. He first arrived at the company in 2015 to work in the Marketing division. Invast Global has…
IG US Partners With The Tokenist for Educational Services
The Tokenist has recently formed a strategic partnership with options trading alert service, The Trading Analyst, with the aim of lifting the veil of trading complexity, buzzwords, and insider lingo. The Tokenist has partnered with…
IBM’s confidential computing deployed on METACO’s digital asset system
METACO has announced it will leverage IBM's confidential computing capabilities for their digital asset orchestration system. The provider of security-critical infrastructure that helps large banks manage digital assets will deploy the IBM Cloud and IBM…
Jay Mazini Charged With Wire Fraud: $2.5m in Bitcoin Stolen
“Jay Mazini” emailed victims falsified wire transfer confirmation pages to trick them into sending him Bitcoin, the authorities allege. The promised wire transfers never arrived. The United States Attorney’s Office for the Eastern District of…