Wirecard ex-CEO Markus Braun nabbed in Munich
Markus Braun resigned from Wirecard on June 19, shortly after the firm’s auditor Ernst & Young released its report.
Markus Braun resigned from Wirecard on June 19, shortly after the firm’s auditor Ernst & Young released its report.
OSL spokesperson also noted that the exchange had adjusted its business model to focus more on software-as-a-service, as well as professionals and institutional services.
If you have been working for a digital asset firm and recently lost your job, FINRA president Robert Cook wants you to give him a call, Reuters reports.
Around 100 workers of Prime Trust were terminated as the firm faces financial woes brought about by COVID-19, with some sources saying the company also took a hit from the events in 2022.
This week, the CoinGeek Pulse delves into developments at Wirecard, WhatsApp in Brazil, MetaStreme’s record stress test, and Centbee.
The insolvency move is the latest event to unfold from the accounting scandal surrounding the digital currency debit card issuer.
Lawmakers in Spain are currently drafting new rules that would implement the Fifth Anti Money Laundering Directive into national law.
The Financial Conduct Authority has received the nod from Parliament to regulate digital currency promotions following the approval of the Financial Services and Markets Act.
Huobi Global has yet to offer a statement over the claims, but there remains speculation that the exchange is still reeling from its sudden exit from China.
Unfavorable macroeconomic conditions exacerbated Nuri's financial woes, leaving the bank with no choice but to pull the plug on its operations before the year ends.
Digital asset firms often blame the "shifting" regulatory landscape for their failures, but in truth, laws haven't changed, and regulators are finally catching on to how technology works.
2TM blames the dire global financial conditions and the lack of proper digital asset regulations for its underwhelming performance this year, which led the firm to give up some of its workers again.