Cryptocoins News / Finance Magnates - 7 months ago
Senators Elizabeth Warren and Chuck Grassley demand a full accounting of the interactions between the Commodity Futures Trading Commission's (CFTC) Chairman, Rostin Behnam, and Sam Bankman-Fried (SBF), the convicted founder of the now-defunct cryptoc...
Cryptocoins News / Finance Magnates - 7 months ago
Hong Kong’s Securities and Futures Commission has become the latest regulator to approve the first spot Bitcoin and Ethereum exchange-traded funds (ETFs). However, the approvals of at least three offshore Chinese asset managers remain conditional.‘Co...
Cryptocoins News / Finance Magnates - 7 months ago
Norway plans to regulate cryptocurrency mining activities in the country by restricting data centers. Two government officials intend to propose a new law that will bring the data center industry under regulatory oversight for the first time in Norwa...
Cryptocoins News / Finance Magnates - 7 months ago
R3, an enterprise distributed ledger technology and services firm, along with Quant, have been designated to develop the technology prototype for the experimental phase of the UK’s Regulated Liability Network (UK RLN). This initiative, spearheaded by...
Cryptocoins News / Finance Magnates - 7 months ago
Less than ten days remain until the most important event in the cryptocurrency sector: Bitcoin's halving. This event is expected to have a major impact on the sector due to recent developments surrounding the leading digital asset. Some of these deve...
Cryptocoins News / Finance Magnates - 7 months ago
The United Kingdom is gearing up to introduce new legislation for cryptocurrencies and stablecoins by June or July 2024, according to the Economic Secretary, Bim Afolami. Speaking at the Innovate Finance Global Summit on Monday, Afolami stated that t...
Cryptocoins News / Finance Magnates - 7 months ago
Landesbank Baden-Württemberg (LBBW), Germany's state-backed lender, has unveiled plans to venture into cryptocurrency custody services. In a strategic move, LBBW has announced a partnership with the Austrian exchange platform Bitpanda to facilitate t...
Cryptocoins News / Finance Magnates - 7 months ago
The blend of cryptocurrency and sports sponsorship has become crazier as Real Bedford, a non-league English football club, received $4.5 million investment in Bitcoin from Cameron and Tyler Winklevoss, the twins who founded the crypto exchange Gemini...
Cryptocoins News / Finance Magnates - 7 months ago
In Australia, a massive cryptocurrency investment scheme involving approximately US$41 million and over 450 investors has collapsed. The country’s financial market regulator successfully obtained a court order to appoint receivers for the digital cur...
Cryptocoins News / Finance Magnates - 7 months ago
Sam Bankman-Fried, the Founder and former CEO of the collapsed FTX, has challenged his conviction and sentencing for conspiracy and fraud by filing an appeal in court yesterday (Thursday). The appeal was filed just hours before the deadline.SBF Appea...
Cryptocoins News / Finance Magnates - 7 months ago
With Bitcoin being the best-performing asset of the year more often than not during the last 15 years, many investors want to gain exposure but doing so can be tricky.For retail and institutional investors alike, questions of regulatory and tax compl...
Cryptocoins News / Finance Magnates - 7 months 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 - 7 months 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 - 7 months 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 - 7 months 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 - 7 months 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 - 7 months 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 - 7 months 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 - 7 months 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 - 7 months 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 - 7 months 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 - 7 months 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 - 7 months 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 - 7 months 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 - 7 months 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...
