Cryptocoins News / Finance Magnates - 5 months ago
North Dakota’s financial market regulator has become the latest to revoke the money transmitter license of Binance.US, operated by BAM Trading Services. It has become the seventh US state to do so, as Alaska, Florida, Maine, North Carolina, and Orego...
Cryptocoins News / Finance Magnates - 5 months ago
Laser Digital, a digital asset arm of global financial services group Nomura, has received a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). The approval marks the complet...
Cryptocoins News / Finance Magnates - 5 months ago
The Securities and Exchange Commission (SEC) is closing its investigation into Ethereum, the second-largest cryptocurrency by market capitalisation, as a security, Consensys confirmed today (Wednesday).Ethereum Is Not a Security“The Enforcement Divis...
Cryptocoins News / Finance Magnates - 5 months ago
Trading 212, a popular brand offering cash equities and contracts for differences (CFDs), has secured a crypto asset service provider (CASP) license from the regulator in Cyprus.A License to Offer Crypto in EuropeAccording to the registry of the Cypr...
Cryptocoins News / Finance Magnates - 5 months ago
The Australian Securities and Investments Commission (ASIC) has filed an appeal against a federal court ruling that absolved cryptocurrency provider Block Earner of paying a penalty for offering unlicensed financial services related to its digital as...
Cryptocoins News / Finance Magnates - 5 months ago
The recent surge in central bank digital currency initiatives worldwide marks a pivotal moment in the evolution of global finance. The 2023 BIS survey on CBDCs and crypto reveals a landscape where 94% of surveyed central banks are actively exploring...
Cryptocoins News / Finance Magnates - 5 months ago
The Banco Central do Brasil (BCB) has thrown its hat into the digital ring, chasing a dream that many central banks worldwide are flirting with. They’re in bed with tech giants and payment moguls, dancing on the edge of the future. But, like a late-n...
Cryptocoins News / Finance Magnates - 5 months ago
The cryptocurrency exchange Bybit has integrated Apple Pay with its Bybit Card. This new feature promises a blend of security, convenience, and better pricing for users purchasing cryptocurrencies through the Bybit app or website.Access to 20+ Fiat C...
Cryptocoins News / Finance Magnates - 5 months ago
The Securities and Exchange Commission (SEC) has countered the proposal of Ripple Labs to lower the penalty against it to $10 million, saying “it would not satisfy the purposes of the civil penalty statutes.”Ripple’s Attempt to Lower the PenaltyThe S...
Cryptocoins News / Finance Magnates - 5 months ago
CoinShares International Limited, a leading digital asset investment company, has announced the rebranding of its long-standing crypto ETP brand, XBT Provider, to "CoinShares XBT Provider." This move aligns with the company's group strategy and sets...
Cryptocoins News / Finance Magnates - 5 months ago
HTX, a Singapore-based cryptocurrency exchange, has announced the appointment of Hassan Sunny, the national football team goalkeeper, as its new Chief Safeguarding Officer (CSO). Although the move is promoted to bolster the exchange's commitment to e...
Cryptocoins News / Finance Magnates - 5 months ago
Australia’s largest stock market, the Australian Securities Exchange (ASX), has approved the listing of the first Bitcoin exchange-traded fund (ETF) on its platform on 20 June. The issuer will be VanEck, and the instrument will be dubbed the VanEck B...
Cryptocoins News / Finance Magnates - 5 months ago
Today (Friday), Nigeria dropped tax evasion charges against two Binance executives following the appointment of a local representative by the crypto exchange to handle legal proceedings. Tigran Gambaryan, a US citizen and Head of Financial Crimes Com...
Cryptocoins News / Finance Magnates - 5 months ago
Blockchain technology is poised to reshape the financial world, and Ripple is at the forefront of this transformation, with its XRP Ledger pushing the boundaries of what’s possible. Amid the vibrant energy of the XRP Ledger Apex 2024, an exclusive in...
Cryptocoins News / Finance Magnates - 5 months ago
Ripple Labs is leveraging the recent settlement of the Securities and Exchange Commission (SEC) with Terraform Labs to lower the proposed nearly $2 billion penalty against it to $10 million, a “notice of supplemental authority” posted yesterday (Thur...
Cryptocoins News / Finance Magnates - 5 months ago
DXtrade has partnered with Sage Capital Management to offer brokers crypto liquidity. This collaboration aims to provide brokers and their clients with better trading conditions and efficient settlements. This partnership seeks to offer brokers servi...
Cryptocoins News / Finance Magnates - 5 months ago
On the ground for XRP Ledger Apex 2024, we caught up with Jazzi Cooper, Lead Product Manager at Ripple X and a major driving force behind its ambitious mission. In an exclusive interview, Jazzi shared insights into Ripple X's role in reshaping the fi...
Cryptocoins News / Finance Magnates - 5 months ago
Terraform Labs and its former CEO, Do Kwon, have agreed to pay about $4.5 billion in recovery and civil penalties to the Securities and Exchange Commission (SEC), thus striking a settlement agreement with the US regulator, according to a court filing...
Cryptocoins News / Finance Magnates - 5 months ago
MoonPay has announced the expansion of PayPal as a payment option to users in the European Union and the United Kingdom, following a successful launch in the United States last month. Now, MoonPay users in 24 EU member states and the UK can buy crypt...
Cryptocoins News / Finance Magnates - 5 months ago
Blockchain technology firm Ripple has completed the acquisition of the New York-based Standard Custody and Trust Company and appointed the firm's CEO as Senior Vice President of Stablecoins. This acquisition has reportedly received all the necessary...
Cryptocoins News / Finance Magnates - 5 months ago
The launch of the spot Bitcoin ETFs has been more successful than almost any dared to imagine. The positive performance of these products, as measured by both inflows and share price, warrants some consideration.This article will explore the magnitud...
Cryptocoins News / Finance Magnates - 5 months ago
Crypto.com has received approval from the Central Bank of Ireland to operate as a Virtual Asset Service Provider (VASP). This approval will allow Crypto.com to expand its services in Ireland. These services include crypto-to-fiat exchanges and fiat w...
Cryptocoins News / Finance Magnates - 5 months ago
Bitget, the cryptocurrency exchange and Web3 company, has announced the addition of Turkish athletes Buse Tosun Çavuşoğlu, Samet Gümüş, and İlkin Aydın to its MakeItCount campaign. The campaign, which originally featured Lionel Messi in 2022, seeks t...
Cryptocoins News / Finance Magnates - 5 months ago
The State of Wisconsin Investment Board recently announced the purchase of $99 million worth of IBIT shares, BlackRock’s spot Bitcoin ETF. This marks the first investment in Bitcoin ETF shares by a public pension fund.While this is the first time a s...
Cryptocoins News / Finance Magnates - 5 months ago
The cryptocurrency market has been on a remarkable rise since the beginning of 2024, fueled by several factors such as the approval of a spot Bitcoin ETF by the SEC, Bitcoin halving that happened recently in April, the increased institutional interes...
