Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrency is simply digital currency, an online medium of exchange via blockchain technology. It’s encrypted , immutable, and decentralized. According to Statista, the global cryptocurrency market could grow from $51.5 billion in 2024 to $71.7 b...
Cryptocoins News / Finance Magnates - 1 year ago
OKX, the second largest crypto exchange in terms of trading volume, is shutting down its services in India due to local regulatory hurdles. The exchange has notified its users in the country to close their accounts and redeem funds before April 30.OK...
Cryptocoins News / Finance Magnates - 1 year ago
The Australian Securities and Investments Commission (ASIC) has permanently banned Brian Jacques Creigh, the Director of Panacea Capital Pty Ltd, from providing financial services or being involved in any financial services business. The decision com...
Cryptocoins News / Finance Magnates - 1 year ago
Dogecoin, based on an internet meme, is receiving a mainstream boost as Coinbase Derivatives plan to list futures of the meme coin on April 1. Alongside Dogecoin, the cryptocurrency exchange will enable futures trading with Litecoin and Bitcoin Cash....
Cryptocoins News / Finance Magnates - 1 year ago
A court in the Balkan country of Montenegro has rejected the appeal of cryptocurrency firm Terraform Labs’ Co-Founder, Do Kwon, to block his extradition to South Korea. This decision has sealed the transfer of custody of Kwon to authorities in South...
Cryptocoins News / Finance Magnates - 1 year ago
Robinhood has announced the official launch of its cryptocurrency wallet for Android users. This move is set to broaden access to digital currencies for millions of potential users globally. The expansion to Android comes approximately a year after t...
Cryptocoins News / Finance Magnates - 1 year ago
The crypto exchange Kraken has unveiled a digital assets custody solution for institutional investors in the United States. This new service is offered under Kraken Financial, the state-chartered bank of the crypto exchange based in Wyoming.Kraken Fi...
Cryptocoins News / Finance Magnates - 1 year ago
The Lithuania-licensed crypto bank Meld plans to offer real-world assets in partnership with the decentralized finance (DeFi) platform Swarm Markets. This offering, which targets retail crypto investors, aims to democratize access to traditional asse...
Cryptocoins News / Finance Magnates - 1 year ago
The crypto exchange Coinbase has received support from various groups as it challenges the US Securities and Exchange Commission (SEC) to develop specific regulations for the digital assets market. The lack of a clear regulatory framework in the US h...
Cryptocoins News / Finance Magnates - 1 year ago
Genesis Global Capital, LLC has agreed to a $21 million penalty to settle charges brought against the firm by the Securities and Exchange Commission (SEC). This matter involves allegations by the regulator that the crypto lending platform offered unr...
Cryptocoins News / Finance Magnates - 1 year ago
In an unprecedented move, a US federal judge yesterday (Monday) issued a sanctions order against the Securities and Exchange Commission (SEC) for its inappropriate actions against DEBT Box, a Utah-based crypto company, calling the regulator’s actions...
Cryptocoins News / Finance Magnates - 1 year ago
A federal court in Nigeria has ordered Binance to disclose the data or information of all persons on its platform from the country to the Economic and Financial Crimes Commission (EFCC). The interim order by Justice Emeka Nwite came with the ruling o...
Cryptocoins News / Finance Magnates - 1 year ago
Zodia Custody (HK) has been granted a Trust or Company Service Provider (TCSP) License in Hong Kong. This license, supported by Standard Chartered, represents a pivotal moment for the institution-first provider of digital asset custody solutions.Meet...
Cryptocoins News / Finance Magnates - 1 year ago
The top cryptocurrency exchange Binance has spun off its venture capital arm, Binance Labs, with a valuation of $10 billion. This move, orchestrated under the leadership of the exchange's new CEO, Richard Teng, marks a notable shift in the company's...
Cryptocoins News / Finance Magnates - 1 year ago
The Securities and Exchange Commission (SEC) is facing pressure from Congress to halt the approval of new cryptocurrency exchange-traded products (ETPs) due to concerns about risks posed to retail investors. According to a letter written to the regul...
Cryptocoins News / Finance Magnates - 1 year ago
The Securities and Futures Commission (SFC) has issued a warning to the public regarding a purported virtual asset trading platform (VATP) operating under the name "MEXC."MEXC's Unauthorized Operations Highlight Regulatory BreachThe SFC's caution com...
Cryptocoins News / Finance Magnates - 1 year ago
TradingView, a platform for financial analysis and trading, has announced a collaboration with QuickSwap, a decentralized exchange and DeFi ecosystem operating on Polygon. This collaboration aims to enhance the trading experience on QuickSwap's decen...
Cryptocoins News / Finance Magnates - 1 year ago
Hong Kong's Securities and Futures Commission (SFC) has warned investors about Bybit and several of its offerings. The SFC highlighted the cryptocurrency exchange's lack of licensing, cautioning investors about the risks of engaging with the firm. T...
Cryptocoins News / Finance Magnates - 1 year ago
South Africa is planning to license approximately 60 cryptocurrency platforms by the end of March. According to a report by Bloomberg, this initiative by the Financial Sector Conduct Authority (FSCA) underscores the nation's proactive approach toward...
Cryptocoins News / Finance Magnates - 1 year ago
Amidst Nigeria's economic struggles, marked by currency devaluation, a tense confrontation has arisen between the government and the cryptocurrency platform Binance. The situation escalated with the detention of two senior Binance executives, Nadeem...
Cryptocoins News / Finance Magnates - 1 year ago
One of the most significant events within the Bitcoin ecosystem is the Bitcoin halving, an event that reduces the reward for mining new blocks by half. The event next month occurs approximately every four years and has profound implications for the c...
Cryptocoins News / Finance Magnates - 1 year ago
The European Union's pursuit of regulatory clarity in the realm of cryptocurrencies took another stride as the European Banking Authority (EBA) published its latest draft requirements for stablecoins, referencing multiple currencies under the Markets...
Cryptocoins News / Finance Magnates - 1 year ago
The Bitcoin (BTC) rally to historical highs in February has caused a significant increase in spot trading turnover on the largest cryptocurrency exchanges. There has been a notable reshuffle among the top platforms: thanks to a sevenfold increase com...
Cryptocoins News / Finance Magnates - 1 year ago
Archax, the Financial Conduct Authority (FCA) regulated exchange, broker, and custodian for digital assets, has announced a strategic partnership with Talos, an institutional crypto trading platform. This collaboration aims to revolutionize instituti...
Cryptocoins News / Finance Magnates - 1 year ago
Roman Sterlingov, the operator of the $400 million Bitcoin Fog crypto mixer, was convicted of money laundering and other related charges in the United States yesterday (Tuesday). The verdict came after a four-week-long trial.Convicted of Operating a...
