Cryptocoins News / Finance Magnates - 13 hours ago
President Donald Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into law on Friday, marking the United States' first formal step toward regulating digital assets. The legislation focuses on defining an...
Cryptocoins News / Finance Magnates - 20 hours ago
Cryptocurrency exchange KuCoin has introduced xStocks, a new product offering tokenized versions of major U.S. equities, including Tesla, NVIDIA, and the S&P 500 ETF. The assets are now available for trading on KuCoin and are denominated in USDT....
Cryptocoins News / Finance Magnates - 1 day ago
The GENIUS Act, which sets out a framework for stablecoins in the US, has received the lawmakers' approval in the House of Representatives, clearing its way to become the first major crypto law in the country.A Signature Away from Becoming LawThe Gui...
Cryptocoins News / Finance Magnates - 1 day ago
UK regulators have seized seven cryptocurrency ATMs during coordinated raids on four properties in southwest London. The operation was carried out jointly by the Financial Conduct Authority and the Metropolitan Police Service.FCA Seizes Crypto ATMs i...
Cryptocoins News / Finance Magnates - 2 days ago
In mid-2022, the crypto markets faced a brutal reckoning. Over $2 trillion in market capitalization evaporated in a matter of months. The collapse of Terra, followed by cascading failures like Celsius, Voyager, and Three Arrows Capital, exposed a fra...
Cryptocoins News / Finance Magnates - 3 days ago
The push by big banks towards a blockchain-based financial system is becoming more noticeable. Citi’s CEO, Jane Fraser, recently revealed that her bank is “looking at the issuance of a Citi stablecoin.” She added that the Wall Street firm is also con...
Cryptocoins News / Finance Magnates - 3 days ago
Kraken has launched Kraken Derivatives US, a regulated service offering U.S. clients direct access to CME-listed cryptocurrency futures. The move follows Kraken’s acquisition of retail futures broker NinjaTrader, a deal that laid the foundation for i...
Cryptocoins News / Finance Magnates - 4 days ago
Hungary, a Central European country with a population of over 9.5 million, has introduced strict laws criminalising trading on an “unauthorised crypto-asset exchange service” and imposing jail terms of up to five years for traders and eight years for...
Cryptocoins News / Finance Magnates - 4 days ago
Grayscale Investments has filed a confidential draft registration statement with the U.S. Securities and Exchange Commission, signaling potential plans for an initial public offering.Engaging the SEC Behind Closed DoorsThe asset manager, known for it...
Cryptocoins News / Finance Magnates - 1 week ago
Robinhood (Nasdaq: HOOD) is facing an investigation by Florida’s top prosecutor for claiming that it offers crypto trading “at the lowest cost on average.” The state cop is also issuing a subpoena to the trading platform to uncover internal documents...
Cryptocoins News / Finance Magnates - 1 week ago
At the Finance Magnates Africa Summit:25, a panel discussion titled “The Future of Crypto, Lessons from Africa” brought together speakers to examine key developments in the cryptocurrency sector. The panel featured Andres Felipe Perez, Director of Fi...
Cryptocoins News / Finance Magnates - 1 week ago
The European securities and Markets Authority conducted a peer review to evaluate Malta’s oversight of crypto asset service providers amid changing EU regulations. The review examined Malta’s authorisation process, governance frameworks, anti-money l...
Cryptocoins News / Finance Magnates - 1 week ago
Cryptocurrency exchanges are rapidly expanding into tokenized stock trading, with multiple platforms launching blockchain-based equity offerings this week that allow users to trade traditional stocks like Apple and Tesla around the clock.Bitget and K...
Cryptocoins News / Finance Magnates - 1 week ago
New Zealand will ban cryptocurrency automated teller machines (ATMs) and impose a NZ$5,000 cap on international cash transfers, the country’s Associate Justice Minister, Nicole McKee, announced today (Wednesday).There are 221 crypto kiosks currently...
Cryptocoins News / Finance Magnates - 1 week ago
The memecoin market, once the playground of viral trends and overnight riches, is entering a new phase. In 2024, it ballooned into a $60 billion ecosystem, according to BDC Consulting—a 169% surge driven by coins like Dogecoin, valued at $35.91 billi...
Cryptocoins News / Finance Magnates - 1 week ago
Today we can observe a rapid change in global finance. We see monetary systems shifting, inflation rising, and even the emergence of digital economies—nations around the world are starting to rethink the makeup of their strategic reserves.Historicall...
Cryptocoins News / Finance Magnates - 2 weeks ago
The Cyprus Securities and Exchange Commission (CySEC) announced today (Friday) that it has recalled the suspension of the authorisation of Cyprus Investment Firm Trek Labs Europe Ltd. This decision was made during a CySEC meeting on June 23, 2025. Tr...
Cryptocoins News / Finance Magnates - 2 weeks ago
A surge in Bitcoin millionaires contrasts with a significant decline in Donald Trump's personal crypto holdings during the first half of 2025.Bitcoin Millionaires: The Rise of the Digital EliteIn the first half of 2025, the number of Bitcoin addresse...
Cryptocoins News / Finance Magnates - 2 weeks ago
For decades, retail traders have sought tools that offer both access and agility in global markets. Yet, many of the instruments available to them while marketed as innovative remain rooted in outdated models that favor intermediaries over transparen...
Cryptocoins News / Finance Magnates - 2 weeks ago
Circle, the issuer of the USDC stablecoin, has applied to the Office of the Comptroller of the Currency (OCC) to establish a national trust bank in the United States to oversee its stablecoin reserve.Strengthening Its Stablecoin OversightAnnounced ye...
Cryptocoins News / Finance Magnates - 2 weeks ago
In a sign of growing momentum behind tokenized finance, two major crypto exchanges, Kraken and Bybit, unveiled their listings of tokenized U.S. stocks just two hours apart. The launches mark a significant milestone in efforts to bring traditional equ...
Cryptocoins News / Finance Magnates - 2 weeks ago
Iranian crypto exchange Nobitex has started reopening operations, two weeks after suffering a major cyberattack that led to the loss of nearly $100 million. The exchange confirmed the partial restoration of operations on Sunday, while trading and dep...
Cryptocoins News / Finance Magnates - 2 weeks ago
Spanish law enforcement has dismantled a crypto investment fraud ring and arrested five individuals linked to laundering €460 million, Europol announced today (Monday). The illegal funds came from over 5,000 victims across the globe who were caught i...
Cryptocoins News / Finance Magnates - 2 weeks ago
South Korea’s central bank has halted its digital currency testing project, raising doubts about the country’s central bank digital currency (CBDC) plans. As reported by Bloomberg, the Bank of Korea (BoK) told the participating banks that it has deci...
Cryptocoins News / Finance Magnates - 3 weeks ago
Polymarket, the decentralized prediction market platform, sought to become the latest crypto unicorn after closing a new funding round at a roughly $1 billion valuation, Coinbase noted in its latest research.The raise, led by Founders Fund, marks a m...
