Cryptocoins News / Finance Magnates - 20 hours 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 - 1 day 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 - 1 day 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 - 1 day 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 - 1 day 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 - 4 days 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...
Cryptocoins News / Finance Magnates - 4 days ago
Coinbase (Nasdaq: COIN) shares are seeing a strong rally, with the price reaching its highest level since the April 2021 public debut. The stock rose about 4 per cent in a single day, closing at over $369. It had listed on public exchanges at $381 pe...
Cryptocoins News / Finance Magnates - 5 days ago
Kraken has launched a new global finance app, expanding its push into the payments space as crypto exchanges look to diversify beyond trading, Reuters reported. The new product, called Krak, enables users to send money across borders instantly using...
Cryptocoins News / Finance Magnates - 5 days ago
The Hong Kong Monetary Authority (HKMA) has confirmed that it will implement the Stablecoin Ordinance on 1 August 2025. This law will allow fiat-pegged stablecoin issuers to apply for licences in the territory.The confirmation followed the successful...
Cryptocoins News / Finance Magnates - 5 days ago
Kraken has become the first cryptocurrency exchange to receive a Markets in Crypto-Assets Regulation (MiCA) licence from the Central Bank of Ireland. Its European presence has strengthened following a sharp rise in euro-denominated spot trading, whic...
Cryptocoins News / Finance Magnates - 6 days ago
When the success of Circle’s public listing made headlines on Wall Street, a lesser-known ruble-pegged stablecoin—launched by a fugitive Moldovan oligarch and a Russian defence-sector bank—was being used for real-world cross-border payments to bypass...
Cryptocoins News / Finance Magnates - 1 week ago
XRP surged over 12% to cross the $2 mark on strong trading volume, as rising geopolitical tensions collided with renewed optimism around Ripple’s long-running legal battle with U.S. regulators.The rally coincided with a surprise return to public view...
Cryptocoins News / Finance Magnates - 1 week ago
Finery Markets has launched a trading infrastructure designed for institutional users of stablecoins. The system aims to mitigate risks associated with stablecoin depegs and improve capital efficiency. It features a private room trading setup, allowi...
Cryptocoins News / Finance Magnates - 1 week ago
Singapore has issued a hard deadline for crypto companies operating from its jurisdiction to stop serving overseas clients unless they secure a license under new rules taking effect at the end of June. The Monetary Authority of Singapore (MAS) has ma...
Cryptocoins News / Finance Magnates - 1 week ago
With Stripe acquiring Bridge and PayPal integrating PYUSD for merchant payments, 2025 is quickly shaping up to be a pivotal year for stablecoins. These moves come amid a surge in stablecoin usage, with more than $33 trillion in transactions processed...
Cryptocoins News / Finance Magnates - 1 week ago
HTX, a global cryptocurrency exchange, has announced a partnership with BitGo Singapore to offer off-exchange settlement through the Go Network. The integration allows HTX clients to trade without transferring assets onto the exchange. Instead, asset...
Cryptocoins News / Finance Magnates - 1 week ago
The Cypriot entity of the fallen crypto exchange FTX (now renamed Trek Labs Europe under new ownership) has settled with the local regulator, paying a total of €200,000 for “possible violations” of regulations.Possible Violations during the FTX EraAl...
Cryptocoins News / Finance Magnates - 1 week ago
Cryptocurrency exchange Kraken has officially relocated its global headquarters to Cheyenne, Wyoming. The decision follows several years of involvement in the state’s digital asset initiatives.The development follows Kraken’s recent launch of Kraken...
Cryptocoins News / Finance Magnates - 1 week ago
Coinbase has secured a Markets in Crypto Assets (MiCA) license from Luxembourg’s financial regulator, enabling the exchange to offer crypto services across all 27 European Union member states.The license was granted by the Commission de Surveillance...
Cryptocoins News / Finance Magnates - 1 week ago
Over the past year, interest in bringing real-world assets (RWAs) on-chain has grown rapidly. From tokenized U.S. Treasuries to synthetic equities, the vision is clear: to combine the stability of traditional finance (TradFi) with the flexibility of...
Cryptocoins News / Finance Magnates - 1 month ago
Webull Pay partnered with Coinbase in a deal that enables Webull Pay’s crypto services to run on Coinbase’s institutional-grade infrastructure. The agreement aims to offer staking, stablecoin rewards, and more trading options starting next month.Inst...
Cryptocoins News / Finance Magnates - 1 month ago
Advisers managing the bankruptcy of FTX are preparing to distribute $5 billion to the company’s creditors. This will be the second payout this year. The first round began in mid-February.In the February round, repaymentsstarted with customers in the...
Cryptocoins News / Finance Magnates - 1 month ago
A cyberattack that exploited insider access has forced Coinbase into damage control mode, triggering a potential $400 million hit and intensifying scrutiny on workforce security in the crypto industry. The hackers behind the breach reportedly stole s...
Cryptocoins News / Finance Magnates - 1 month ago
Algorithmic trading firm Wintermute has established its U.S. headquarters in New York City and appointed Ron Hammond, former Senior Director at the Blockchain Association, as Head of Policy and Advocacy, the company announced today (Thursday)Wintermu...
Cryptocoins News / Finance Magnates - 1 month ago
FalconX, a crypto prime broker, has formed a strategic partnership with global lender Standard Chartered to enhance its offerings for institutional clients. The partnership, announced today (Wednesday), highlights the increasing demand for digital as...
