Cryptocoins News / Finance Magnates - 5 months ago
Hong
Kong authorities reported that 145 users fell victim to a scam orchestrated by
the unlicensed cryptocurrency exchange Hounax. It has resulted in a loss of 148
million HKD ($18.9 million), as reported by the local media outlet Shenzhen Commercial...
Cryptocoins News / Finance Magnates - 5 months ago
The future of the market structure for digital assets is undergoing a transformation propelled by innovation and regulation in Europe. Despite many challenges, the institutional crypto derivatives market is
evolving in the region. A report released b...
Cryptocoins News / Finance Magnates - 5 months ago
In the ever-evolving landscape
of digital finance, Robert
F. Kennedy Jr.'s recent remarks have sparked discussions regarding the
potential impact of central bank digital currencies (CBDCs) on individual
financial autonomy and privacy.Bitcoin's Elegan...
Cryptocoins News / Finance Magnates - 5 months ago
Bybit,
a cryptocurrency exchange, has announced growth in its trajectory
by surpassing 20 million registered users. This highlights Bybit's stable
presence in the cryptocurrency industry as it celebrates its 5th anniversary
this December.Bybit
Become...
Cryptocoins News / Finance Magnates - 5 months ago
In a move to assert greater
control and oversight in the realm of cryptocurrency taxation, Spanish
residents with crypto assets on non-Spanish platforms are
mandated to declare them by March 31, 2024. The Spanish Tax Administration
Agency, Agencia Tr...
Cryptocoins News / Finance Magnates - 5 months ago
A
trading and custodial services platform, M2 has been officially launched today
in the Abu Dhabi financial free zone, representing an advancement for the
crypto infrastructure in the Middle East, according to the company. M2
Secures Regulatory Appro...
Cryptocoins News / Finance Magnates - 5 months ago
Binance's Former CEO, Changpeng Zhao (CZ), is
embroiled in a contentious debate with the US Department of Justice (DOJ)
following his guilty plea for violating anti-money laundering laws in the US.
Although the DOJ is not advocating immediate
incarc...
Cryptocoins News / Finance Magnates - 5 months ago
In recent years, the African continent has been at the forefront of a financial revolution marked by the exponential growth of mobile money. This growth has paved the way for a series of dynamic partnerships between Mobile Network Operators, cryptocu...
Cryptocoins News / Finance Magnates - 5 months ago
OKX has launched its cryptocurrency exchange and
Web3 wallet in Brazil. This move aims to offer access
to decentralized finance services and cryptocurrency trading to users in the country. OKX will provide
access to hundreds of cryptocurrencies for t...
Cryptocoins News / Finance Magnates - 5 months ago
SBI
Holdings, Inc. located in Tokyo has officially entered into a Memorandum of
Understanding (MOU) with Circle Internet Financial, which has headquarters in Boston,
Massachusetts. This collaboration aims to facilitate the circulation of USDC
stablec...
Cryptocoins News / Finance Magnates - 5 months ago
In the ever-evolving realm of cryptocurrencies, nations are charting
distinct courses that signal transformative shifts in fiscal and investment
landscapes.
Japan's Crypto Renaissance: A Web3 Powerhouse in the Making
Recent developments in Japan unde...
Cryptocoins News / Finance Magnates - 5 months ago
Interactive Brokers Hong Kong has been licensed to
facilitate retail crypto trading in Hong Kong. This move was confirmed on LinkedIn by David
Friedland, the firm's Managing Director for Asia Pacific. It positions the
brokerage firm as a key player i...
Cryptocoins News / Finance Magnates - 5 months ago
Tether
and Bitfinex have withdrawn their opposition to a New York Freedom of
Information Law (FOIL) request filed by Coindesk earlier this year.
Nevertheless, they emphasize that transparency doesn't imply an unrestricted
release of all documents.
FO...
Cryptocoins News / Finance Magnates - 5 months ago
Bitvavo has secured pivotal regulatory approval from
the French Autorité des Marchés Financiers (AMF), marking a significant
milestone in its expansion in Europe. This approval allows the Dutch
crypto exchange to extend its suite of crypto products a...
Cryptocoins News / Finance Magnates - 5 months ago
Today
(Friday), a Montenegro court approved the extradition of cryptocurrency
entrepreneur Do Kwon, leaving a minister to decide whether to hand him over to
South Korea or the United States, both seeking his extradition.
Extradition
Decision: South K...
Cryptocoins News / Finance Magnates - 5 months ago
A recurring problem in crypto has been wallet hacks, with some incidents connected to large platforms, and some enormous sums of money being stolen in the form of crypto assets. Despite high profile cases, it remains to be seen how this problem will...
Cryptocoins News / Finance Magnates - 5 months ago
Grayscale
has submitted an updated filing for its forthcoming spot Bitcoin
Exchange-Traded Fund (ETF) to the U.S. Securities and Exchange Commission (SEC)
on November 22. The filing is an amendment, a type often utilized by firms that
have met report...
Cryptocoins News / Finance Magnates - 5 months ago
The latest data compiled by CryptoQuant has highlighted a
notable movement in Bitcoin reserves between Binance and Coinbase. The report revealed a decrease of 5,000 BTC in Binance's reserves and an
increase of around 12,000 BTC in Coinbase's holdings...
Cryptocoins News / Finance Magnates - 5 months ago
In a watershed moment for the cryptocurrency sector, Binance, the world's
largest cryptocurrency exchange, finds itself grappling with an array of
penalties that set new precedents in regulatory enforcement. The U.S.
Department of Justice, in collabo...
Cryptocoins News / Finance Magnates - 5 months ago
It appears that once again, the Securities and Exchange Commission in the US has a major crypto exchange in its sights, as it has filed a lawsuit charging Kraken, the 10th biggest centralized crypto exchange by spot trading volume, with operating as...
Cryptocoins News / Finance Magnates - 5 months ago
The Monetary Authority of Singapore (MAS) wants to
discourage cryptocurrency speculation among retail customers, according to
new regulations for Digital Payment Token (DPT) service providers
in Singapore. These measures aim to address potential harm...
Cryptocoins News / Finance Magnates - 5 months ago
Latest data unveils a remarkable milestone in Bitcoin's
journey, with a record-high percentage—70.35%—of the circulating supply
remaining inactive for over a year, as reported by CoinDesk. This substantial figure, surpassing the
previous peak in July...
Cryptocoins News / Finance Magnates - 5 months ago
In the wake of the recent crypto crackdown by U.S. authorities, the
landscape of the cryptocurrency market, valued at around $1.4 trillion, is
undergoing seismic shifts. As the dust settles on the
conviction of Sam Bankman-Fried, former CEO of FTX cr...
Cryptocoins News / Finance Magnates - 5 months ago
The Enforcement Committee of the French& financial market regulator, the Autorité des Marchés Financiers (AMF), has issued a
cautionary statement urging investors to exercise vigilance on a fraudulent
automated trading service offered by Immediat...
Cryptocoins News / Finance Magnates - 5 months ago
The US federal prosecutors are seeking the court's permission to stop Changpeng Zhao, the Founder and former CEO of Binance, from leaving the country, citing an "unacceptable risk of flight."
Zhao Pleads Guilty to a Criminal Charge
Zhao pled guilty o...