Cryptocoins News / Finance Magnates - 10 months ago
Cryptocurrency exchange CoinDCX, has acquired BitOasis, a
virtual asset trading platform operating in the Middle East and North Africa
(MENA) region. The acquisition marks CoinDCX’s entry into the MENA market, signalling
a strategic expansion.Acquisi...
Cryptocoins News / Finance Magnates - 10 months ago
Binance has announced significant changes to its services in
Turkey. According to the firm, this is part of its focus on transparency and
regulatory compliance.Binance Adjusts Turkish ServicesBinance has been monitoring regulatory developments in
Tur...
Cryptocoins News / Finance Magnates - 10 months ago
Cryptocurrency
exchange Bitget has set its sights on becoming a regulated player in the
world's most populous democracy. The company's announcement comes as India
grapples with the complexities of integrating cryptocurrencies into its
financial ecosy...
Cryptocoins News / Finance Magnates - 10 months ago
Robinhood
Markets Inc., the popular commission-free trading platform, is making moves in
expanding its cryptocurrency offerings and geographical reach. The company has launched
its services in Hawaii, Puerto Rico, and the US Virgin Islands, while
sim...
Cryptocoins News / Finance Magnates - 10 months ago
US judge has dismissed several core claims by the
Securities and Exchange Commission (SEC) in a case against Binance. In a post shared by
the cryptocurrency exchange today (Tuesday), Binance noted that the federal judge had dropped multiple important...
Cryptocoins News / Finance Magnates - 10 months ago
Stablecoin issuer Tether has partnered with a
technology and strategy company specializing in crypto assets to
develop educational initiatives in Türkiye. This collaboration reportedly aims
to equip individuals with the knowledge to navigate the digi...
Cryptocoins News / Finance Magnates - 10 months ago
Silvergate Capital Corp., the parent of the now-collapsed crypto-friendly Silvergate Bank, and its top former executives have agreed to pay a combined $63 million as civil penalties to settle charges with the federal and California regulators for int...
Cryptocoins News / Finance Magnates - 10 months ago
Singapore has issued the blockchain technology firm Paxos full
approval, allowing the New York-based firm to offer digital
payment token services through its entity, Paxos Digital Singapore Pte. Ltd.
This approval from the Monetary Authority of Singa...
Cryptocoins News / Finance Magnates - 10 months ago
Sony Corporation is preparing to launch a cryptocurrency
exchange subsidiary by transforming the local trading platform WhaleFin, which
it acquired last year. According to a press release today (Monday), WhaleFin has
been rebranded as S.BLOX Co. The...
Cryptocoins News / Finance Magnates - 10 months ago
Cryptocurrency firm Circle announced today (Monday) that it
is now registered as an electronic money institution (EMI) in France. This
registration grants Circle the license to become a compliant
stablecoin issuer under the European Union's cryptocur...
Cryptocoins News / Finance Magnates - 10 months ago
Robinhood has acquired Pluto Capital, an AI investment
research platform, to strengthen its presence in the technology space. According
to the company, this acquisition promises intelligent, data-driven investing
for Robinhood users, mainly focusing...
Cryptocoins News / Finance Magnates - 10 months ago
May marked a historic month for the crypto market after the SEC finally greenlit Ethereum exchange-traded funds (ETFs). After years of relentless pushback and tireless advocacy from pro-crypto activists, this approval presented a golden opportunity t...
Cryptocoins News / Finance Magnates - 10 months ago
A who’s who of Vanuatu’s financial industry and its regulators converged at Port Vila’s Warwick Le Lagon resort on June 27 to discuss the new licence for virtual asset service providers (VASP) and to review the jurisdiction’s best strategies to avoid...
Cryptocoins News / Finance Magnates - 10 months ago
Mesh, a US-based fintech company specializing in
integrations with over 300 leading exchanges and wallets, and Conio, the
Italian fintech backed by Poste Italiane and Banca Generali, announced the
launch of Europe’s first Open Banking solution for Bi...
Cryptocoins News / Finance Magnates - 10 months ago
Cryptocurrency
exchange BingX has announced an expansion of its partnership with Chelsea
Football Club. Starting from the 2024/25 Premier League season, BingX will transition from sleeve sponsor to official training wear partner for the men's team.Bi...
Cryptocoins News / Finance Magnates - 10 months ago
Hidden Road, a global credit network for institutions
trading digital assets, announced it has added several exchanges to its
prime brokerage platform. The company also expanded the use of BlackRock’s
BUIDL token, accepting it as collateral across i...
Cryptocoins News / Finance Magnates - 10 months ago
Bitget Wallet has announced a joint investment with
crypto investment firm Foresight X in Tomarket, a decentralized trading
platform. This venture targets emerging asset classes and aims to expand the
wallet's services beyond traditional decentralize...
Cryptocoins News / Finance Magnates - 10 months ago
The Securities and Futures Commission (SFC) issued a warning
today (Friday) about several entities suspected of engaging in fraudulent virtual
asset-related activities. These entities are also purportedly operating virtual
asset trading platforms (VA...
Cryptocoins News / Finance Magnates - 10 months ago
The European Union’s Markets in Crypto-Assets Regulation (MiCA) will come into effect on 30 June, which is only three days away. As such, many crypto exchanges offering services in the bloc are already taking measures, mostly by dropping stablecoin o...
Cryptocoins News / Finance Magnates - 10 months ago
Cryptocurrency theft escalated dramatically in the second
quarter, with losses from hacks and scams soaring by 112% to a staggering $572
million, the latest data revealed. This sharp increase followed a period of
decline, highlighting a troubling res...
Cryptocoins News / Finance Magnates - 10 months ago
The European Banking Authority (EBA) plans to finalize
its monitoring framework for stablecoin issuers by the end of this month,
Coindesk reported. This development aligns with MiCA's broader regulations, which provide strict caps on transaction volu...
Cryptocoins News / Finance Magnates - 10 months ago
The European Union is set to become the world’s first
significant jurisdiction with a tailored, comprehensive crypto law through its
Markets in Crypto Assets regulation (MiCA), which will take effect in 2024.
This legislation promises to provide legal...
Cryptocoins News / Finance Magnates - 10 months ago
Today (Thursday), Coinbase filed lawsuits against the U.S.
Securities and Exchange Commission (SEC) and the Federal Deposit Insurance
Corporation (FDIC). According to a report from FoxBusiness, the lawsuits claim
that both agencies failed to fulfill...
Cryptocoins News / Finance Magnates - 10 months ago
A recent report highlights the impending impact of the
European Union's Markets in Crypto Assets Regulation (MiCA) on cryptocurrency
trading surveillance. Commissioned by Eventus, the report, "The Impact of
MiCA on Crypto Market Surveillance: Insight...
Cryptocoins News / Finance Magnates - 10 months ago
A recent report highlights the impending impact of the
European Union's Markets in Crypto Assets Regulation (MiCA) on cryptocurrency
trading surveillance. Commissioned by Eventus, the report, "The Impact of
MiCA on Crypto Market Surveillance: Insight...