Oh yeah, labor market is totally looking great with unemployment averaging at 3.7%
RBA Gov Bullock says increasingly optimistic about the labour market
RESERVE BANK OF AUSTRALIA GOV BULLOCK SAYS INCREASINGLY OPTIMISTIC ABOUT THE LABOUR MARKET— First Squawk (@FirstSquawk) November 20, 2023
Added at 6:22pm
RBA'S BULLOCK: INFLATION IS CRUCIAL CHALLENGE OVER THE NEXT ONE OR TWO YEARS— First Squawk (@FirstSquawk) November 20, 2023
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Javier Milei, Argentinaís Bitcoin (BTC) friendly presidential candidate, won the countryís run-off election on Sunday after securing more than 55% of the votes cast over his ...
tweet: SEC just filed a case against Kraken Exchange (Payward, Inc) @krakenfx [announcement: Iím moving to @SynopticCom soon] pic.twitter.com/7SK3wYP3ej tweet: U.S. SEC SUES KRAKEN FOR OPERATING ONLINE CRYPTO TRADING PLATFORM WITHOUT REGISTERING WITH THE AGENCY -- COURT FILINGSecurities and Exchange Commission v. Payward, Inc. Since 2013, Kraken has operated an online trading platform through which its customers can buy and sell crypto assets, many of which form the basis of investment contracts covered under U.S. securities laws. Without registering with the SEC in any capacity, Kraken has simultaneously acted as a broker, dealer, exchange, and clearing agency with respect to these crypto asset securities. In doing so, Kraken has created risk for investors and taken in billions of dollars in fees and trading revenue from investors without adhering to or even recognizing the requirements of the U.S. securities laws that are designed to protect investors. 10 2. Krakenís business practices, deficient internal controls, and inadequate 11 recordkeeping present a range of additional risks that would also be prohibited for 12 any properly registered securities intermediary. For example, Kraken has at times 13 held customer crypto assets valued at more than $33 billion, but it has commingled 14 these crypto assets with its own, creating what its independent auditor had identified 15 in its audit plan as ďa significant risk of lossĒ to its customers. Similarly, Kraken has 16 held at times more than $5 billion worth of its customersí cash, and it also 17 commingles some of its customersí cash with some of its own. In fact, Kraken has at 18 times paid operational expenses directly from bank accounts that hold customer cash. 19 In addition, during 2023, the independent auditor determined that issues related to 20 Krakenís recordkeeping for customer custodial assets had resulted in material errors 21 to Krakenís financial statements for 2020 and 2021. 22 3. Congress enacted the Securities Exchange Act of 1934 (the
Digital asset investment products have now seen inflows for eight consecutive weeks as total assets under management (AuM) for globally listed products increased $176 million ...
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The Securities and Exchange Commission today charged Payward Inc. and Payward Ventures Inc., together known as Kraken, with operating Krakenís crypto trading platform as an ...
Litecoin price rise might have tapped out sooner than expected, but as with the rest of the crypto market, one cannot ascertain what lies next for the altcoin. Interestingly, the ...
Today, the SEC filed a complaint alleging that Kraken operates as an unregistered securities exchange, broker, and clearing house. We disagree, and intend to vigorously defend our ...