Cryptocoins News / Finance Magnates - 1 year ago
Brian Armstrong, the CEO of Coinbase, one of the US' largest cryptocurrency exchanges, has criticized JPMorgan Chase UK's recent decision to prohibit its customers in the UK from engaging in crypto-related transactions. Armstrong expressed his discon...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency exchange Kraken plans to expand its services by venturing into the US-listed stocks and the exchange-traded funds (ETFs) sector. According to a report by Bloomberg, Kraken is preparing to introduce trading services for traditional...
Cryptocoins News / Finance Magnates - 1 year ago
The tension between the US House Financial Services Committee and the Securities and Exchange Commission (SEC) escalated today (Wednesday) after the Chair of the committee, Representative Patrick McHenry, suggested that he may use a subpoena against...
Cryptocoins News / Finance Magnates - 1 year ago
Following the implementation of the Consumer Duty rules in the United Kingdom, crypto providers in the country are now required to comply with a fresh set of regulations around promotions, the deadline for which is approaching. From 8th October, th...
Cryptocoins News / Finance Magnates - 1 year ago
The rapidly changing world of crypto investments has reshaped how investors think and how fundraisers navigate this market. In this article, I will share three proven strategies for raising capital from crypto hedge funds.I am Isaac Joshua, a fundrai...
Cryptocoins News / Finance Magnates - 1 year ago
Binance France is facing the expiration of its partnership with the banking provider Paysafe. It has suggested that its customers swiftly convert any fiat money held on the platform into cryptocurrencies. This recommendation came in light of the rece...
Cryptocoins News / Finance Magnates - 1 year ago
Bitcoin, often known as digital gold, has acquired popularity as a speculative asset as well as a potential store of wealth and hedge against economic downturns. As speculation about an approaching recession grows, concerns about Bitcoin's resiliency...
Cryptocoins News / Finance Magnates - 1 year ago
Binance has confirmed its complete withdrawal from the Russian market. The exchange has executed an agreement to transfer its entire business operations in Russia to the cryptocurrency exchange platform known as CommEX. This decision marks a strategi...
Cryptocoins News / Finance Magnates - 1 year ago
A bipartisan group of lawmakers has called on the U.S. Securities and Exchange Commission (SEC) to cease its efforts to block the approval of Bitcoin exchange-traded funds (ETFs). The lawmakers argue that the SEC should adhere to court decisions and...
Cryptocoins News / Finance Magnates - 1 year ago
As a part of a broader crackdown on fraudulent crypto operations in the USA, one of the masterminds behind the AirBit Club has been sentenced to 12 years in prison. Pablo Renato Rodriguez, who has run a global crypto Ponzi scheme with his co-conspira...
Cryptocoins News / Finance Magnates - 1 year ago
In a continuous effort to uphold transparency within the cryptocurrency industry, OKX has released its eleventh straight monthly Proof of Reserves (PoR) report. The most recent disclosure reveals a significant holding of $11.2 billion, primarily in...
Cryptocoins News / Finance Magnates - 1 year ago
San Francisco-headquartered Kraken has cemented its European presence with an e-money institution (EMI) authorization from the Central Bank of Ireland and registration with the Bank of Spain as a virtual asset service provider (VASP).EU Registrations...
Cryptocoins News / Finance Magnates - 1 year ago
Another major retail bank in the United Kingdom has blocked cryptocurrency transactions. Following Santander and NatWest, it is now JPMorgan's British retail arm, Chase UK. Although the decision was officially made due to the increasing number of cry...
Cryptocoins News / Finance Magnates - 1 year ago
The Australian financial market regulator has taken enforcement action against Bobbob Pty Ltd, a fintech company, for misleading representation of a crypto-asset-linked investment product.ASIC Fines BobbobAccording to the announcement today (Wednesda...
Cryptocoins News / Finance Magnates - 1 year ago
As the world of cryptocurrency continues to expand, Bitcoin remains the most well-known and extensively used digital currency. It has established itself as a valuable store of value and a potential inflation hedge. However, many fans and investors ar...
Cryptocoins News / Finance Magnates - 1 year ago
Coinbase has suspended its plans to acquire FTX Europe, a move that was aimed at enabling it to enter into the European derivatives market. This turn of events happened as a response to the regulatory challenges in the US crypto market. Coinbase targ...
Cryptocoins News / Finance Magnates - 1 year ago
MoneyGram International, Inc. has announced plans to launch a non-custodial digital wallet. Scheduled for release in Q1 2024, this wallet aims to enhance cross-border payments. It offers consumers a bridge between fiat and digital currencies.This ann...
Cryptocoins News / Finance Magnates - 1 year ago
Taiwan's Financial Supervisory Commission (FSC) has introduced a set of stringent rules, effectively banning unregistered foreign cryptocurrency exchanges from operating within the country. This action occurs as part of Taiwan's commitment to enhanci...
Cryptocoins News / Finance Magnates - 1 year ago
Sam Bankman-Fried, the Founder of the now-defunct cryptocurrency exchange FTX, has made a renewed request for temporary release from jail as he awaits trial, according to a letter submitted by his legal team to the overseeing judge.Renewed Plea: Bank...
Cryptocoins News / Finance Magnates - 1 year ago
In a move to bolster retail investors' protection, Hong Kong's Securities and Futures Commission (SFC) has announced a series of new measures this week. These initiatives come on the heels of the JPEX crypto exchange debacle, which exposed vulnerabil...
Cryptocoins News / Finance Magnates - 1 year ago
Taiwan's cryptocurrency industry is taking steps towards establishing an industry association in collaboration with its financial regulator. This move comes ahead of the expected release of official guidelines later this week.Cryptocurrency Sector in...
Cryptocoins News / Finance Magnates - 1 year ago
To boost the adoption of Web3 technologies and digital assets in Japan, the cryptocurrency exchange Binance and Japan's largest bank, the Mitsubishi UFJ Trust and Banking Corporation (MUTB), have announced a joint study to explore the issuance of sta...
Cryptocoins News / Finance Magnates - 1 year ago
Binance has reopened its services in Belgium by resuming its registration for the residents after a suspension for about three months, the crypto exchange giant announced yesterday (Monday).“We are delighted to announce that as of today, new registra...
Cryptocoins News / Finance Magnates - 1 year ago
Hong Kong-based Mixin Network, a blockchain protocol aiming to tackle scalability challenges, has fallen victim to a massive cyberattack resulting in losses nearing $200 million. The cyber heist, which is considered the largest of its kind this yea...
Cryptocoins News / Finance Magnates - 1 year ago
Huobi Global's HTX exchange fell victim to a major hack on September 24, resulting in the loss of $7.9 million worth of digital assets. The breach was brought to light by the blockchain analytics platform Cyvers, sending shockwaves through the crypto...
