Cryptocoins News / Finance Magnates - 17 hours ago
Hidden Road, the crypto prime broker acquired by Ripple last month, has cemented its presence in the Middle East by securing an in-principle approval from the Financial Services Regulatory Authority (FSRA) of ADGM to operate as a regulated financial...
Cryptocoins News / Finance Magnates - 18 hours ago
The long-running legal dispute between Ripple and the Securities and Exchange Commission (SEC) is finally over. The regulator confirmed yesterday (Thursday) that both parties have agreed to a settlement, which involves a $50 million penalty paid by t...
Cryptocoins News / Finance Magnates - 1 day ago
Alex Mashinsky, the Celsius founder, was sentenced to 12 years in prison for a scheme that unraveled billions in investor funds and trust, Bloomberg reported. Mashinsky, once a vocal promoter of Celsius Network’s sky-high returns, will now spend over...
Cryptocoins News / Finance Magnates - 1 day ago
Coinbase Global has agreed to buy Deribit, a major cryptocurrency derivatives exchange. The deal is valued at approximately $2.9 billion. Coinbase announced the acquisition on May 8, as Cointelegraph reported.Coinbase Announces Deribit Acquisition, P...
Cryptocoins News / Finance Magnates - 1 day ago
Crypto.com Exchange has joined the Lynq network as its first exchange partner, embracing real-time settlement and yield-on-transfer capabilities. According to the exchange, the partnership enables it to enhance how capital flows through crypto market...
Cryptocoins News / Finance Magnates - 1 day ago
Phoenix Group, the first UAE-listed Bitcoin (BTC) mining company (ADX: PHX), reported a loss of $153.6 million for the first quarter of 2025, a stark reversal from the $66.2 million profit recorded in the same period last year, as the company faced s...
Cryptocoins News / Finance Magnates - 1 day ago
The US Office of the Comptroller of the Currency (OCC), which regulates national banks, has clarified that institutions under its oversight can now buy and sell crypto assets on behalf of their customers. This update was confirmed in an interpretive...
Cryptocoins News / Finance Magnates - 2 days ago
Coinbase released internal U.S. Securities and Exchange Commission communications showing that New York's top law enforcement office urged the agency to classify Ethereum’s ether (ETH) as a security during its legal pursuit of crypto exchange KuCoin...
Cryptocoins News / Finance Magnates - 2 days ago
Revolut is collaborating with Lightspark to enable payments via the Bitcoin-based Lightning Network, a move that aims to streamline crypto transfers for users across the UK and select European countries. With traditional blockchain payments often con...
Cryptocoins News / Finance Magnates - 3 days ago
BurjX, a UAE-based digital asset brokerage, has received In-Principle Approval (IPA) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). The approval brings the platform closer to launching as a fully regulated...
Cryptocoins News / Finance Magnates - 4 days ago
Cryptocurrency firm Tether has set its sights on artificial intelligence, a new project that combines open-source design, self-custody, and peer-to-peer payments. Its upcoming Tether AI platform aims to allow users to make direct transactions in Bitc...
Cryptocoins News / Finance Magnates - 4 days ago
Binance has signed a Memorandum of Understanding (MoU) with the National Agency for Investments under the President of the Kyrgyz Republic. The agreement was finalized during the first meeting of the Council for the Development of Digital Assets, whi...
Cryptocoins News / Finance Magnates - 1 week ago
Despite being pushed out of the South Korean market earlier this year, crypto exchange KuCoin isn’t ready to give up on the region. The platform's newly appointed CEO, BC Wong, has made it clear that a return is not only possible but planned, though...
Cryptocoins News / Finance Magnates - 1 week ago
Dubai-based real estate developer MAG has signed a $3 billion agreement with MultiBank Group and Mavryk. The deal involves tokenizing real-world assets (RWAs), making it the largest initiative of its kind to date.The agreement will bring MAG’s high-v...
Cryptocoins News / Finance Magnates - 1 week ago
The UK’s Financial Conduct Authority (FCA) is exploring restrictions on UK residents purchasing cryptocurrencies on credit, and is now seeking public feedback on this and other proposed regulatory measures.“We are considering a range of restrictions,...
Cryptocoins News / Finance Magnates - 1 week ago
Kraken completed its acquisition of NinjaTrader, the prominent U.S. futures trading platform, after announcing the $1.5 billion transaction in March. With this acquisition, Kraken aims to offer access to traditional derivatives within Kraken's platfo...
Cryptocoins News / Finance Magnates - 1 week ago
Kraken completed its acquisition of NinjaTrader, the prominent U.S. futures trading platform, after announcing the $1.5 billion transaction in March. With this acquisition, Kraken aims to offer access to traditional derivatives within Kraken's platfo...
Cryptocoins News / Finance Magnates - 1 week ago
Morgan Stanley is preparing to offer cryptocurrency trading on its E*Trade platform. This would be the most direct move so far by a major US bank to let retail users buy and sell digital assets.The move comes amid regulatory changes in the United Sta...
Cryptocoins News / Finance Magnates - 1 week ago
Ripple proposed a takeover of rival stablecoin provider Circle Internet Group Inc. for $4 billion to $5 billion, a bid that was rejected as too low, according to sources cited by Bloomberg.While Ripple reportedly remains interested in Circle, it hasn...
Cryptocoins News / Finance Magnates - 1 week ago
Irish users of Bunq can now trade cryptocurrencies directly from their banking app, as the Dutch neobank launches its digital asset platform in six European countries. “Our users across the world have long waited for a simple, safe, and straightforwa...
Cryptocoins News / Finance Magnates - 1 week ago
Kraken has introduced Kraken Embed, a new Crypto-as-a-Service (CaaS) product. It is designed for neobanks, fintech companies, and traditional banks. The service allows institutions to offer cryptocurrency trading to their customers.Earlier this month...
Cryptocoins News / Finance Magnates - 1 week ago
For centuries, gold has captivated societies with its rarity and value. Ancient civilizations prized it as both decoration and a symbol of wealth and power. The Egyptians buried their pharaohs with gold artifacts, while empires like the Roman, Persia...
Cryptocoins News / Finance Magnates - 1 week ago
PayPal (NASDAQ: PYPL) announced that the U.S. Securities and Exchange Commission (SEC) has closed its investigation into the company’s USD-backed stablecoin, PayPal USD (PYUSD), with no enforcement action taken.SEC Ends PayPal Stablecoin Probe, No En...
Cryptocoins News / Finance Magnates - 1 week ago
Dogecoin, the meme-inspired cryptocurrency that began as a joke, may soon find itself listed on Wall Street. Nasdaq has submitted a formal request to the U.S. Securities and Exchange Commission (SEC) to list an exchange-traded fund holding Dogecoin.R...
Cryptocoins News / Finance Magnates - 1 week ago
As crypto adoption surges in the UK, the government has introduced draft legislation seeking to tighten oversight of crypto firms while keeping Britain attractive to investors and innovators.The announcement, made by Chancellor Rachel Reeves at a Lon...
