Cryptocoins News / Finance Magnates - 1 week ago
Matthew White, the CEO of Dubai’s Virtual Asset Regulatory
Authority (VARA), has voiced intentions to alleviate regulatory pressures on
smaller cryptocurrency entities. Speaking at a regulatory panel during the
Paris Blockchain Week, White acknowledg...
Cryptocoins News / Finance Magnates - 1 week ago
Bitget, one of the biggest cryptocurrency exchanges by volume, has released its Q1 2024 Transparency Report, revealing visible growth across various metrics. The
report highlighted a 100% increase in both spot and futures trading volumes
compared to...
Cryptocoins News / Finance Magnates - 1 week ago
In a
comprehensive analysis of the cryptocurrency market, the European Securities
and Markets Authority (ESMA) has revealed the highly concentrated nature
of crypto trading and the potential risks it poses to the broader financial
ecosystem. The repo...
Cryptocoins News / Finance Magnates - 1 week ago
In a
strategic move to bolster its European presence, Okcoin Europe Ltd. has
rebranded to OKX and appointed Erald Ghoos as the new European General Manager. As
part of this rebranding, OKX aims to unify its brand worldwide.OKX Expands European
Presen...
Cryptocoins News / Finance Magnates - 1 week ago
Uniswap Labs is facing a potential enforcement action from the Securities and Exchange Commission (SEC). The regulator is considering taking legal
action against the company behind the popular decentralized finance (DeFi)
exchange Uniswap.In a blog p...
Cryptocoins News / Finance Magnates - 1 week ago
To facilitate cryptocurrency purchases for United
Kingdom-based users, the crypto exchange Coinbase has announced the integration
of Apple Pay functionality. This development allows users to buy Bitcoin and
other digital assets directly through their...
Cryptocoins News / Finance Magnates - 1 week ago
Hong Kong regulators are set to greenlight the inaugural
batch of applications for spot Bitcoin exchange-traded funds (ETFs) in the
upcoming week, potentially paving the way for these financial products to hit
the market as early as April. Sources fa...
Cryptocoins News / Finance Magnates - 1 week ago
Steven
Nerayoff, a prominent early advisor to the Ethereum network, has filed a $9.6
billion lawsuit against the United States government. The lawsuit, filed under
the Federal Tort Claims Act (FTCA), alleges that federal agents knowingly
pursued fal...
Cryptocoins News / Finance Magnates - 1 week ago
Bybit has introduced an advancement aimed at enhancing the
user experience for crypto purchases. Through the integration of Google Pay,
Bybit is facilitating a streamlined approach to crypto acquisition, marking a
shift in the landscape of digital as...
Cryptocoins News / Finance Magnates - 1 week ago
Crypto.com has received full operational approval from
the Virtual Assets Regulatory Authority (VARA) for its Dubai entity, CRO
DAX Middle East FZE. This approval paves the way for the launch of the
Crypto.com Exchange, a platform targeting instituti...
Cryptocoins News / Finance Magnates - 1 week ago
Tigran Gambaryan, a Binance executive detained by the Nigerian authorities in February, was remanded yesterday (Monday) after a "not guilty" plea, several local media outlets reported. He has been sent to Kuje Correctional Center pending the determi...
Cryptocoins News / Finance Magnates - 1 week ago
In 2023, the crypto industry experienced a milestone, with major
jurisdictions such as the EU and the UK tightening their regulatory
frameworks. Duncan Ash, the Head of Strategy at blockchain protection firm
Coincover, discussed the key trends expect...
Cryptocoins News / Finance Magnates - 1 week ago
March
proved to be another breakthrough month for the cryptocurrency market, with
spot volumes on the 10 largest exchanges growing by an average of 119% compared
to March, responding to Bitcoin's historical highs, which tested levels
above $73,000. T...
Cryptocoins News / Finance Magnates - 1 week ago
The HashKey Group, an Asian entity specializing in digital
asset services, has unveiled the HashKey Global exchange after securing a
license in Bermuda to provide regulated digital asset trading services. The
announcement was made today (Monday), mar...
Cryptocoins News / Finance Magnates - 2 weeks ago
Hong Kong's virtual lender ZA Bank is embracing
digital finance by engaging potential stablecoin issuers to establish fiat
reserve accounts. This initiative marks a significant step towards integrating digital assets into the traditional banking sect...
Cryptocoins News / Finance Magnates - 2 weeks ago
Hong Kong's financial regulator has warned the public about an unlicensed virtual asset trading platform that is suspected of marketing services to investors without proper authorization. The Securities and Futures Commission (SFC) cautioned
investor...
Cryptocoins News / Finance Magnates - 2 weeks ago
Coinbase, the international cryptocurrency exchange, has
achieved a milestone in its expansion efforts by becoming officially registered
as a restricted dealer by the Canadian Securities Administrators. With
this development, Coinbase has become the...
Cryptocoins News / Finance Magnates - 2 weeks ago
Ripple, known for its enterprise-grade blockchain solutions,
has announced its intention to introduce a stablecoin pegged 1:1 to the US
dollar. This revelation comes as the demand for stablecoins showcasing
reliability, trust, and utility continues t...
Cryptocoins News / Finance Magnates - 2 weeks ago
In the latest development in the $4 billion OneCoin cryptocurrency Ponzi scheme, the company’s Head of Legal and Compliance, Irina Dilkinska, has been sentenced to four years of imprisonment in the United States. She was ordered to pay over $111 mill...
Cryptocoins News / Finance Magnates - 2 weeks ago
A study has unveiled that a notable proportion of crypto
millionaires globally are not only risking their personal information but also
lacking a fundamental understanding of crucial procedures regarding asset
transfer and Know Your Client (KYC) regu...
Cryptocoins News / Finance Magnates - 2 weeks ago
Faruk Fatih Ozer, the ex-CEO of the now-defunct Turkish
cryptocurrency exchange Thodex, has been handed a staggering prison term for
defrauding investors. He has now begun serving his time behind bars. Ozer's conviction has been served after a prolon...
Cryptocoins News / Finance Magnates - 2 weeks ago
The government in Argentina has mandated the registration of cryptocurrency exchanges and other companies in the sector by creating a registry of virtual asset service providers (VASP). The regulations came when the country’s President, Javier Milei,...
Cryptocoins News / Finance Magnates - 2 weeks ago
The Financial Markets Authority (AMF) has issued a warning
to savers in France regarding investment proposals by the digital asset trading
platform BITGET. The AMF emphasized the need for utmost vigilance, highlighting
that BITGET is not authorized t...
Cryptocoins News / Finance Magnates - 2 weeks ago
Talos, a technology provider for institutional trading of digital assets, has partnered with Coinbase Derivatives to expand the
avenues available for investors seeking to invest in cryptocurrency within a regulated framework. This collaboration enabl...
Cryptocoins News / Finance Magnates - 2 weeks ago
Crypto.com, a global cryptocurrency exchange, unveiled plans
today (Tuesday) to introduce a specialized trading platform application
designed exclusively for the Korean market. The application, tailored to cater
to the preferences and needs of Korean...