Cryptocoins News / Finance Magnates - 3 months ago
Amid the anticipation surrounding the potential
approval of a spot Bitcoin exchange-traded product by the Securities and
Exchange Commission (SEC), the Chairman's, Gary Gensler, recent cautionary statements
have cast a spotlight on the inherent risks...
Cryptocoins News / Finance Magnates - 3 months ago
The Monetary Authority of Singapore (MAS) has
officially granted Upbit Singapore a Major Payment Institution (MPI) license,
marking an important step for the company in its commitment to the country's crypto regulations. Alex Kim, the Founder and CEO...
Cryptocoins News / Finance Magnates - 3 months ago
The
intensifying competition within the burgeoning Bitcoin exchange-traded fund
(ETF) landscape, BlackRock (BLK.N) has announced a low fee of 0.30% for its
forthcoming iShares Bitcoin Trust. This fee is notably lower than those
proposed by some of it...
Cryptocoins News / Finance Magnates - 3 months ago
Coinbase is acquiring a Cyprus-based entity with a MiFID
license, paving the way for wider access to its derivatives products in Europe.This strategic move aligns with
Coinbase's "Go Broad, Go Deep" plan, aiming to establish clear
regulatory framewor...
Cryptocoins News / Finance Magnates - 3 months ago
The UK’s
cryptocurrency miner Argo Blockchain (LSE: ARGO) reported its highest Bitcoin (BTC) mining
output since May. Additionally, the company announced the departure of Chief
Operating Officer (COO) Seif El-Bakly "to pursue other
opportunities." In...
Cryptocoins News / Finance Magnates - 3 months ago
The Securities and Exchange Commission (SEC) has reissued its warning against the “Fear of Missing Out (FOMO)” behavior for cryptocurrency and other trending investments days ahead of the regulator’s decision regarding the fate of Bitcoin exchange-tr...
Cryptocoins News / Finance Magnates - 4 months ago
VanEck has announced that if the US Securities and Exchange Commission (SEC) approves its application for a spot Bitcoin exchange-traded fund (ETF), the asset management firm will allocate 5% of the
fund's profits to support Bitcoin developers.VanEck...
Cryptocoins News / Finance Magnates - 4 months ago
The Central Bank of Nigeria has granted the Africa Stablecoin Consortium (ASC) approval to introduce the compliant Nigerian Naira stablecoin (cNGN) within its regulatory sandbox. This marks a pivotal moment in the Nigerian financial
landscape, as the...
Cryptocoins News / Finance Magnates - 4 months ago
In the heart of India's bustling financial landscape, the Reserve Bank of
India (RBI) has orchestrated a revolutionary tale, marking the ascent of the
e-rupee. As the digital currency surpassed
one million daily transactions, India's embrace of the d...
Cryptocoins News / Finance Magnates - 4 months ago
In
a regulatory development, Quickbit Limited, authorized by the Gibraltar
Financial Services Commission (GFSC) as a Virtual Asset Arrangement Provider,
is facing severe consequences for contraventions of the Proceeds of Crime Act.
The GFSC, followin...
Cryptocoins News / Finance Magnates - 4 months ago
Bitget
Wallet, a Web3 crypto wallet formerly known as BitKeep, has launched a new
"Smart Money" feature powered by artificial intelligence. This tool
tracks over 6,000 high-performing crypto addresses on networks like Ethereum to
identify potential t...
Cryptocoins News / Finance Magnates - 4 months ago
The authorities in Taiwan raided the premises of a local crypto exchange, Ace Exchange, and arrested the Co-Founder, David Pan, for alleged fraud, Liberty Times reported yesterday (Thursday).Investigation against Taiwan’s Top Crypto Exchange Pan was...
Cryptocoins News / Finance Magnates - 4 months ago
Chelsea Football Club has closed a sleeve
sponsorship deal with BingX, a prominent cryptocurrency exchange. This
partnership, estimated by The Standard to be worth more than £10 million, will allow BingX's brand to appear on the club's kit for the
r...
Cryptocoins News / Finance Magnates - 4 months ago
Digital
asset investment products saw $2.25 billion of inflows in 2023, marking it as
the 3rd largest year for inflows since 2017, according to the newest report by
CoinShares. The inflows represented a dramatic turnaround from 2022 when they
totale...
Cryptocoins News / Finance Magnates - 4 months ago
The South Korean Financial Services Commission (FSC) today (Thursday) published a legislative notice proposing a ban on cryptocurrency purchases using credit cards. If approved, the prohibitory rule will be imposed on the local citizens.No Crypto on...
Cryptocoins News / Finance Magnates - 4 months ago
Goldman Sachs is reportedly exploring the possibility of serving as an authorized participant for
BlackRock and Grayscale's proposed spot Bitcoin exchange-traded funds (ETFs), Coindesk reported, citing unidentified sources. This potential involvement...
Cryptocoins News / Finance Magnates - 4 months ago
The Bitcoin
market left behind a very long crypto winter in 2023, allowing companies in the
industry to continue their dynamic development. Among them was Bitget, the
crypto exchange that celebrated its fifth anniversary and expanded
significantly ac...
Cryptocoins News / Finance Magnates - 4 months ago
Taiwan's Financial Supervisory Commission (FSC) has issued a directive,
instructing banks to deny virtual asset providers (VASPs) the status of
merchants for credit card transactions. This move signals Taiwan's cautious
approach to cryptocurrencies,...
Cryptocoins News / Finance Magnates - 4 months ago
Exactly
fifteen years ago, an anonymous figure named Satoshi Nakamoto mined the Bitcoin
genesis block, containing the first 50 BTC ever created. The anonymous mastermind
behind the cryptocurrency, could not have anticipated the experiment’s evolution...
Cryptocoins News / Finance Magnates - 4 months ago
The cryptocurrency
exchange OKX has announced it is working to comply with new crypto asset
regulations in the United Kingdom that go into effect in a few days, on 8
January 2024. From that date, new local regulations will be enacted regarding
the ma...
Cryptocoins News / Finance Magnates - 4 months ago
To
enhance cryptocurrency services, eToro, the global trading and investment
platform, has announced a partnership with Tangany, a Munich-based fintech
specializing in crypto custody solutions. The collaboration aims to provide
secure and transparent...
Cryptocoins News / Finance Magnates - 4 months ago
The crypto gambling platform Stake.com has ramped up its marketing efforts by securing the naming rights of Sauber’s Formula One car for the next two years. The sports sponsorship kicked off in 2024 ahead of the launch of the new racing season on 5 F...
Cryptocoins News / Finance Magnates - 4 months ago
US crypto companies have made last-minute changes to their spot Bitcoin exchange-traded fund (ETF) applications and are now anticipating a green light from the Securities and Exchange Commission (SEC). At least eight applicants had amended their fili...
Cryptocoins News / Finance Magnates - 4 months ago
Only a few hours before the new year started, cybercriminals exploited Orbit Bridge, a bridging service of the cross-chain protocol Orbit Chain, resulting in the theft of about $82 million worth of cryptocurrencies. Orbit Chain officially confirmed t...
Cryptocoins News / Finance Magnates - 4 months ago
CatalX
CTX Ltd., the company behind the Canadian crypto exchange Catalyx, has taken
the unprecedented step of suspending all trading, deposits, and withdrawals in
the wake of a security breach. The breach has reportedly resulted in the loss
of some c...