Cryptocoins News / Finance Magnates - 2 years ago
Kraken's subsidiary, CF Benchmarks, is in talks with 50 firms seeking its services for spot Bitcoin exchange-traded fund (ETF) pricing. This development follows the recent approval of 11 spot Bitcoin ETF applications by the US Securities and Exchange...
Cryptocoins News / Finance Magnates - 2 years ago
B2Prime Group's, a liquidity provider, subsidiary B2B Prime Digital MENA has been granted "Initial Approval" for licensing from the Dubai Virtual Assets Regulatory Authority (VARA). The approval covers a spectrum of activities, including Virtual Asse...
Cryptocoins News / Finance Magnates - 2 years ago
Ripple has temporarily halted its plans for an initial public offering (IPO) due to what is described as a 'hostile' regulatory environment in the United States. The delay is attributed to the ongoing legal battle with the US Securities and Exchange...
Cryptocoins News / Finance Magnates - 2 years ago
Core Scientific, a Bitcoin miner that took a massive hit with previously falling crypto prices, received approval for Chapter 11 restructuring from a US bankruptcy judge. Following this decision, the company is expected to re-list its shares on Nasda...
Cryptocoins News / Finance Magnates - 2 years ago
Bitget Wallet, a Web3 trading wallet formerly known as BitKeep, has introduced a new inscription ecosystem called GetScribe. The platform aims to simplify access to omnichain inscriptions by offering inscription management across 19 different blockch...
Cryptocoins News / Finance Magnates - 2 years ago
The European Banking Authority (EBA) has extended its guidelines on money laundering (ML) and terrorist financing (TF) risk factors to crypto-asset service providers (CASPs). The move aims to help the nascent crypto sector tackle illicit finance risk...
Cryptocoins News / Finance Magnates - 2 years ago
The crypto spot trading volumes for the top 10 exchanges in December 2023 reached their highest levels since June 2022, marking the third consecutive month of growth. Binance, maintaining its lead, experienced a month-on-month (MoM) increase of 40%...
Cryptocoins News / Finance Magnates - 2 years ago
The approval of 11 Bitcoin exchange-traded funds (ETF) by the US securities market regulator has failed to convince its counterpart in Thailand, also named the Securities and Exchange Commission (SEC), to allow such products in the local Thai market....
Cryptocoins News / Finance Magnates - 2 years ago
The European Securities and Markets Authority (ESMA) is gearing up for the implementation of the Markets in Crypto-Assets Regulation (MiCA). This regulation marks an important step in ushering in a new era of oversight for digital assets.As ESMA gear...
Cryptocoins News / Finance Magnates - 2 years ago
The European Securities and Markets Authority (ESMA) is gearing up for the implementation of the Markets in Crypto-Assets (MiCA) regulation. This regulation marks an important step in ushering in a new era of oversight for digital assets.As ESMA prep...
Cryptocoins News / Finance Magnates - 2 years ago
The European Banking Authority (EBA) has extended its guidelines on money laundering (ML) and terrorist financing (TF) risk factors to crypto-asset service providers (CASPs). This initiative is significant in the EU's ongoing battle against illicit f...
Cryptocoins News / Finance Magnates - 2 years ago
The year 2023 has been a remarkable one for the crypto and Web3 space, with many innovations, challenges, and opportunities emerging. The adoption of decentralized technologies has grown exponentially, reaching new heights of user engagement, value c...
Cryptocoins News / Finance Magnates - 2 years ago
The Dubai-based subsidiary of crypto exchange OKX, named OKX Middle East Fintech FZE, announced today (Tuesday) that it has received a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA), enabling t...
Cryptocoins News / Finance Magnates - 2 years ago
The South Korean government is contemplating strict measures against the use of crypto-mixing services. The country's financial authorities are gearing up to introduce regulations specifically targeting virtual asset mixers, which have become a tool...
Cryptocoins News / Finance Magnates - 2 years ago
Binance customers may have received an SMS last week encouraging them to participate in a new lottery to win up to 100 EUR in cryptocurrencies. Although these texts appeared in threads with official announcements from the exchange, they turned out to...
Cryptocoins News / Finance Magnates - 2 years ago
The Federal Police of Brazil arrested one person last week in connection with a massive money laundering racket suspected of having moved $2.6 billion in illegal proceeds through crypto assets, the Brazilian edition of CNN reported.Mastermind behind...
Cryptocoins News / Finance Magnates - 2 years ago
After several years of not officially recognizing cryptocurrencies, the Polish Financial Supervision Authority (KNF) plans to start supervising digital assets by the end of this year. As Finance Magnates learned, the Polish government plans to presen...
Cryptocoins News / Finance Magnates - 2 years ago
Bitcoin experienced a substantial correction following the approval and listing of the much-hyped 11 spot Bitcoin exchange-traded funds (ETFs) in the United States. At one point on Friday, the cryptocurrency's value decreased by approximately 10 perc...
Cryptocoins News / Finance Magnates - 2 years ago
The German football club Bayern Munich has solidified its presence in the crypto space by sealing a multi-year partnership with Austrian cryptocurrency company Bitpanda. The deal, effective immediately, designates Bitpanda as the new platinum partner...
Cryptocoins News / Finance Magnates - 2 years ago
Cboe Digital has launched margined Bitcoin and Ether futures. Collaborating with industry giants like Blockfills, DV Trading LLC, Jump Trading Group, Marex, and Wedbush, Cboe Digital offers spot and leveraged derivatives trading on a single platform....
Cryptocoins News / Finance Magnates - 2 years ago
Genesis Global Trading has agreed to a settlement with the New York Department of Financial Services (NYDFS). The company, known for its crypto lending services, will pay a fine of $8 million, relinquish the BitLicense obtained in 2018, and cease all...
Cryptocoins News / Finance Magnates - 2 years ago
In a pivotal moment within the Eurozone's financial realm, Banco de España's announcement of a wholesale CBDC pilot has set the stage for potential transformations in the digital currency landscape. This initiative, independent of the European Centra...
Cryptocoins News / Finance Magnates - 2 years ago
Despite the recent approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC), the South Korean Financial Services Commission (FSC) has stated that it would not permit the trading of cryptocurrencies on i...
Cryptocoins News / Finance Magnates - 2 years ago
CoinShares International Limited has officially exercised its option to acquire Valkyrie Funds LLC, the US digital asset manager's investment advisory business specializing in actively managed cryptocurrency exchange-traded funds (ETFs). This strateg...
Cryptocoins News / Finance Magnates - 2 years ago
In a recent filing on January 11, the US Securities and Exchange Commission (SEC) has intensified its legal pursuit against Ripple Labs, Inc., seeking to compel the blockchain company to provide crucial financial documents. The SEC's move is part of...
