Cryptocoins News / Finance Magnates - 2 hours 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 - 18 hours 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 - 3 days 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 - 3 days 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 - 3 days 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 - 4 days 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 - 4 days 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 - 5 days 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 - 5 days 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 - 5 days 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 - 5 days 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 - 5 days 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 - 5 days 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 - 6 days 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...
Cryptocoins News / Finance Magnates - 6 days ago
The crypto
exchange OKX has received in-principle approval from the Monetary Authority of
Singapore (MAS) for a Major Payment Institution (MPI) license through its local
subsidiary, OKX SG. This new authorization allows OKX to provide digital
payment...
Cryptocoins News / Finance Magnates - 6 days ago
Coinbase (Nasdaq: COIN), the largest cryptocurrency exchange in the United States, is planning to raise $1 billion through the issuance of convertible senior notes. Announced yesterday (Tuesday), the proceeds will be utilized to repay debt and other...
Cryptocoins News / Finance Magnates - 6 days ago
Grayscale, the digital currency investment manager, made a move
in the cryptocurrency market by filing for the registration of a new
"mini" version of its Grayscale Bitcoin Trust (GBTC) exchange-traded
fund (ETF) yesterday (Monday). This new offering...
Cryptocoins News / Finance Magnates - 6 days ago
Sumsub, a verification platform, has partnered with
Chainalysis to provide businesses with a solution for Know Your Customer (KYC),
Anti-Money Laundering (AML), and transaction monitoring. According to the press release, Sumsub's integration
of the b...
Cryptocoins News / Finance Magnates - 6 days ago
CoinShares International Limited the European investment
company specializing in digital assets, has finalized its acquisition of
Valkyrie Funds LLC and the investment advisory business of Valkyrie Investments
Inc., along with the Sponsor rights to t...
Cryptocoins News / Finance Magnates - 1 week ago
Thailand’s Securities and Exchange Commission (SEC) is allowing asset management firms in the country to launch private funds to offer bitcoin exchange-traded funds (ETFs). However, the offerings must be limited to institutional investors and ultra-h...
Cryptocoins News / Finance Magnates - 1 week ago
The legal battle between Coinbase and the Securities and Exchange Commission (SEC) heated up as the crypto exchange moved to court to force the agency to begin a “long-overdue rulemaking process.”The Crypto Exchange’s Push for Clear RulesAccording to...
Cryptocoins News / Finance Magnates - 1 week ago
VanEck has announced a temporary reduction of its
management fee to zero. Despite its push for Bitcoin adoption, the asset
management firm behind the spot Bitcoin exchange-traded fund (ETF) named HODL, has
struggled to amass investments into the fund...
Cryptocoins News / Finance Magnates - 1 week ago
The US District Court for the Western District of Washington
has entered a final judgment against Sameer Ramani for engaging in insider
trading. Ramani was implicated in a scheme to trade ahead of multiple
announcements concerning at least nine crypt...
Cryptocoins News / Finance Magnates - 1 week ago
The
cryptocurrency market in Poland is set to face increased oversight as the
government moves to implement the European Union's Markets in Crypto-Assets
(MiCA) regulation into domestic legislation. The draft law, which aims to
regulate and supervise...
Cryptocoins News / Finance Magnates - 1 week ago
The
cryptocurrency market in Poland is set to face increased oversight as the
government moves to implement the European Union's Markets in Crypto-Assets
(MiCA) regulation into domestic legislation. The draft law, which aims to
regulate and supervise...