Santori made the announcement on Wednesday and said he would remain at the company in a senior advisory role, amid rumors that he will soon seek a position in the Trump administration. Kraken’s Chief Legal Officer Calls It Quits After Five Years Marco Santori, chief legal officer at cryptocurrency exchange Kraken announced his resignation on […]
Facebook Wins Reprieve as Court Restrains Nigerian Regulator’s $38.55 Million Demand
The Federal High Court in Lagos has granted an interim order restraining the Advertising Regulatory Council of Nigeria (ARCON) from demanding $ 38.55 million (NGN60 billion) from Facebook Nigeria Operations Limited for an alleged violation. Justice Yellim Bogoro made the order on Dec. 12, 2024, following a motion ex parte filed by Facebook. Facebook …
Ripple’s Legal Chief Exposes US Regulators’ Hidden War on Crypto
Ripple’s legal chief warns that U.S. regulators’ crypto guidance signals, “Don’t even think about it,” alleging a veiled campaign to deter banks from serving the industry. ‘Don’t Even Think About It’: How Regulators Subtly Squeeze the Crypto Market Ripple’s chief legal officer, Stuart Alderoty, has highlighted what he sees as a calculated effort by U.S. […]
BNY Mellon Engages With Regulators, Fed’s 50bps Cut Triggers Crypto Inflows, and More — Week in Review
BNY Mellon is working closely with regulators to offer large-scale crypto custody services. Coinshares reported $ 321 million in digital asset inflows, driven by the Fed’s 50bps interest rate cut. Robert Kiyosaki predicts Bitcoin could reach $ 500K by 2025 and $ 1M by 2030, citing global financial instability risks highlighted in …
BNY Mellon Engages With Banking Regulators to Offer Crypto Custody Services ‘at Scale’
BNY Mellon, one of the world’s largest custodian banks, is seeking to offer custody services for bitcoin and ether to exchange-traded product (ETP) clients. The bank is also eyeing large-scale growth in the crypto space, with plans to seek more regulatory approvals to capitalize on the lucrative crypto custody market. BNY Mellon Pushes Forward With […]