Crypto-linked Cross River Bank receives FDIC order.

Cross River Bank has received a consent order from the FDIC demanding further oversight, according to a filing made public on April 28. Bank receives order for lending compliance The FDIC suggested in that filing that Cross River Bank engaged in “unsafe or unsound banking practices” related to fair lending laws and regulations. origin »

Join the Conversation at FinTech LIVE New York 2023.

Brought to you by BizClik, FinTech LIVE New York is held on May 3, 2023, streaming remotely to virtual audiences around the world.   Featuring keynote speakers, interactive fireside and panel discussions, this exclusive 1-day virtual event is an essential deep dive into issues impacting the future of Fintech, Insurtech and Crypto. origin »

SEC fines Up Global, Coinme $3.9M; issues C&D.

The U. S. Securities and Exchange Commission (SEC) imposed cease-and-desist orders and fines upon three parties involved in UpToken on April 28. SEC names parties involved in UpToken ICO The SEC said that Up Global and Coinme — as well as Neil Bergquist, founder and CEO of both companies — were involved in a cryptocurrency securities […] The post SEC fines Up Global, Coinme $3. origin »

Yuga Labs Secures Ex-Epic Games Exec as New CTO.

Yuga Labs, the force behind the massively successful Bored Ape Yacht Club, has announced the appointment of Mike Seavers as their new Chief Technology Officer, effective May 22nd. Seavers, the former Executive Vice President of Development at Epic Games, will take over the CTO role from co-founder Kerem Atalay, who will remain a strategic adviser. origin »

5 Consensus 2023 Takeaways.

Members of our CoinDesk editorial team got together on Twitter Spaces today to assess the big picture at Consensus 2023 and share their takeaways on the critical issues that will shape how the industry continues to unfold. origin »

Mastercard eyes more crypto expansion moves.

Payments infrastructure company Mastercard is seeking more partnerships with crypto entities to expand its cryptocurrency payment card offering. Reuters reported that the company’s head of crypto and blockchain, Raj Dhamodharan, disclosed this on April 28. origin »

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