<img alt="" class="webfeedsFeaturedVisual wp-post-image" height="214" src="https://coinedition.com/wp-content/uploads/2023/04/PR-1-59-380x214.jpg" style="display: block; margin-bottom: 5px; clear: both;" width="380" /><p>Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region hosted the second Dubai FinTech Summit (DFS) Dialogues this week, powered by the Innovation Hub. Heads of 10 leading regional banks and FinTechs were invited to unpack the challenges facing the financial sector and deliberate [&#8230;]</p>
<p>The post <a href="https://coinedition.com/fintechs-and-banks-unite-for-innovation-at-difcs-dubai-fintech-summit-dialogues/" rel="nofollow">FinTechs and banks unite for innovation at DIFC’s Dubai FinTech Summit Dialogues</a> appeared first on <a href="https://coinedition.com" rel="nofollow">Coin Edition</a>.</p>

FinTechs and banks unite for innovation at DIFC’s Dubai FinTech Summit Dialogues

The recent court order may force the SEC to finally disclose whether it would engage in rulemaking.
Continue reading at DailyCoin.

SEC Given a Week to Respond to Coinbase Petition—Why It Matters

SEC chair Gary Gensler wants you to think Coinbase and Binance are the same as FTX and Celsius. They’re not.

The SEC Is Fighting the Last War


                    
                    According to the summons, CZ’s current residential address is in the Mediterranean island nation of Malta.
                    The United States District Court in Washington, D.C. has issued a summons for Binance CEO Changpeng Zhao on June 7, just two days after the Securities and Exchange Commission (SEC) formally sued the exchange for alleged unregistered securities operations. "A lawsuit has been filed against you," the summons read.NEW: @binance CEO @cz_binance has been order to respond/answer the  summons of a U.S. District Court along with the other entities named in the case. He does not have to appear in person but respond within the time frame below  https://t.co/UipLm9TRye— Eleanor Terrett (@EleanorTerrett) June 7, 2023

While details are scarce at this time, the summons viewed by Cointelegraph did not appear to have been marked as served, and an immediate request for information was not returned by the SEC or Binance. Once served, per the document, Binance and its CEO will have 21 days to respond. "If you fail to respond, judgment by default will be entered against you for the relief demanded in the complaint."This is a developing story, and further information will be added as it becomes available.


US District Court issues summons for Binance CEO Changpeng Zhao over SEC action

Recent moves by Saudi Arabia, Russia and China have raised fears that the U.S. dollar could lose its preferred status for oil trading. And yet alternative national currencies aren’t that appealing. Could a Bitcoin-like currency do better?

The Petrodollar and Its Discontents Point to Bitcoin's Role in the Financial Future

Jón Helgi Egilsson, a former chairman of the Icelandic central bank, urged his former counterparts to "embrace competition" on CBDCs.

Central Banks Should Not Dominate CBDCs, Says an Ex-Central Banker

Summary: Ark Investment Management bought over 400,000 Coinbase shares as COIN prices slumped thanks to an SEC lawsuit. Cathie Wood’s company filled their coffers as the second largest COIN holders with 11.4 million shares amid tensions surrounding the publicly traded crypto exchange. Coinbase is being sued by the U.S. Securities and Exchange Commission for selling unregistered securities and running an illegal securities exchange among other allegations. “We’ll get the job done” CEO Brian Armstrong said in response to the upcoming […]

Cathie Wood’s ArkInvest Grabs $21.6 million In Coinbase Stock On SEC Discount

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⏰ *Timestamps:*
0:00 Intro
2:05 Bitcoin Analysis
6:15 SEC Escalates Case
7:33 DeFi Surges!
9:05 Cramer x Gensler
10:56 Coinbase Fights Back
12:50 Yellen on Crypto
14:28 Senators Unite!
15:24 Final Thoughts

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DISCLAIMER: Crypto Zombie is not a financial advisor. This is not financial advice. Everything said in this video is the sole opinion of those who appear in it. The statements in this video are not investment or trading advice. This video is intended solely for educational and/or entertainment purposes only. Always do your own research before investing. Trading cryptocurrencies is extremely risky. Do not trade on any exchange that prohibits trading from your geographical region. Never invest more than you can afford to lose. Crypto Zombie is not responsible for your losses or gains as a result of buying, selling, or trading cryptocurrencies. This video, description and/or comments may contain affiliate links. By utilizing any of the these links you are helping to support the channel as we do receive a commission. Thank you for your support!

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ESSENTIAL VIEWING
Security Tips https://www.youtube.com/watch?v=-qRpW20AB8k&t=2s
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Watch more great crypto videos on this playlist 
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Disclaimer
Everything expressed here is my opinion and not official investment advice - please do your own research before risking your own money. Lark Davis (The Crypto Lark and affiliated brand Wealth Mastery) is not providing you individually tailored investment advice. Nor is Lark Davis registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. Lark Davis is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.

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