Cryptocoins News / Finance Magnates - 2 years ago
In an unexpected move that could reshape the financial terrain, Joana Cotar, a member of the German Bundestag, has put forward the idea of recognizing Bitcoin as legal tender in Germany. This revelation, occurring amid a global surge in cryptocurrenc...
Cryptocoins News / Finance Magnates - 2 years ago
In a new twist to the ongoing saga between crypto lenders and exchanges, Genesis Global Capital, which filed for bankruptcy in January, has launched a lawsuit against the cryptocurrency exchange Gemini. The legal action seeks to recover a substantial...
Cryptocoins News / Finance Magnates - 2 years ago
Binance has agreed to enter into a historic corporate settlement by paying over $4.3 billion to settle charges brought by the US Department of Justice (DoJ). The crypto exchange will also remit an additional $2.85 billion to settle with the US commod...
Cryptocoins News / Finance Magnates - 2 years ago
Wintermute Asia Pte. Ltd, the digital asset derivatives trading arm of the Wintermute Group, an algorithmic trading firm in the digital assets space, has executed its first options block trade through CME Group. The BTC/USD block trade, facilitated b...
Cryptocoins News / Finance Magnates - 2 years ago
In a significant development, the Securities and Exchange Commission (SEC) has charged Payward Inc. and Payward Ventures Inc., collectively known as Kraken, for operating its crypto trading platform as an unregistered securities exchange, broker, dea...
Cryptocoins News / Finance Magnates - 2 years ago
The financial underpinnings of Hamas reveal a nuanced strategy involving global transactions and the exploitation of cryptocurrency. With an estimated annual income exceeding $1 billion, Hamas relies on physical force, ideological influence, and a di...
Cryptocoins News / Finance Magnates - 2 years ago
Another cryptocurrency exchange has just announced that it is disappearing from the market. Bittrex Global, originating from Liechtenstein, will suspend trading and operations in US dollars from the beginning of next month. This occurred after& t...
Cryptocoins News / Finance Magnates - 2 years ago
The US Justice Department is seeking over $4 billion from Binance Holdings as a part of a proposed resolution of an ongoing investigation against the crypto exchange for over a year, Bloomberg News reported. However, there is no official confirmation...
Cryptocoins News / Finance Magnates - 2 years ago
The Securities and Exchange Commission (SEC) charged crypto exchange Kraken yesterday (Monday) for illegally operating an unregistered securities exchange, broker, dealer, and clearing agency. Further, the exchange has been blamed for the comingling...
Cryptocoins News / Finance Magnates - 2 years ago
The renowned crypto-focused media publication CoinDesk has been acquired by Bullish, a company owned by the New York Stock Exchange's Former President, Tom Farley.According to a report by the Wall Street Journal, CoinDesk will operate as an autonomou...
Cryptocoins News / Finance Magnates - 2 years ago
In a recent speech in Venice, Andrea Enria, Chair of the Supervisory Board of the European Central Bank (ECB), delved into the complex realm of cryptocurrency regulation, focusing on the Markets in Crypto-Assets Regulation (MiCAR). MiCAR, operational...
Cryptocoins News / Finance Magnates - 2 years ago
Argentina has recently witnessed a seismic political shift with the election of Javier Milei as its new president. Beyond the political dynamics, this change is accompanied by a notable surge in Bitcoin's value, signaling a broader societal interest...
Cryptocoins News / Finance Magnates - 2 years ago
During the peak of the last crypto bull run, as BTC was, in 2021, approaching its $69,000 all-time high, there was, along with plenty of liquidity, and animal spirits running rampant, a prominent driver for the bullish narrative: the belief that the...
Cryptocoins News / Finance Magnates - 2 years ago
GC Exchange FZE (GCEX), a part of the broader GCEX Group, has bolstered its presence in the Middle East by securing an operational virtual asset service provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). Announced today (...
Cryptocoins News / Finance Magnates - 2 years ago
The High Court of Montenegro has denied Terraform Labs Founder's appeal, Do Kwon, upholding his four-month prison sentence for falsifying documents. This decision intensifies Kwon's plight as he faces potential extradition following the completion of...
Cryptocoins News / Finance Magnates - 2 years ago
In the dynamic realm of cryptocurrency, the absence of a unified regulatory framework among nations has become a defining challenge, giving rise to concerns about a potential Cryptosplinternet. We delve into the intricacies of this issue to shed ligh...
Cryptocoins News / Finance Magnates - 2 years ago
A fraudulent investment offer in crypto assets is at the center of a warning issued by the Financial Markets Authority (FMA) and the Paris Prosecutor's Office. The French authorities said that this platform, dubbed Immediate Connect, is using the int...
Cryptocoins News / Finance Magnates - 2 years ago
South Korea's National Pension Service (NPS) has taken a noteworthy leap into the world of cryptocurrencies, as per a recent regulatory filing with the US Securities and Exchange Commission (SEC). The NPS ventured into the crypto market in the third...
Cryptocoins News / Finance Magnates - 2 years ago
In the dynamic realm of financial technologies, tokenization stands at a pivotal juncture, grappling with challenges that could redefine the industry's landscape. However, amidst these hurdles, a transformative potential emerges — the strategic devel...
Cryptocoins News / Finance Magnates - 2 years ago
In a strategic move that propels the European Central Bank (ECB) to the forefront of digital currency innovation, the institution announced on October 18 its initiation of a two-year "preparation phase" for the digital euro. This groundbreaking devel...
Cryptocoins News / Finance Magnates - 2 years ago
This year's cryptocurrency "Uptober" did not disappoint and benefitted the largest cryptocurrencies and centralized exchanges. Bitcoin's (BTC) nearly 30% increase drove retail trader activity, impacting a significant growth in spot volumes among the...
Cryptocoins News / Finance Magnates - 2 years ago
The Monetary Authority of Singapore (MAS) unveiled a pilot program for the live issuance of a wholesale Central Bank Digital Currency (CBDC) denominated in Singapore dollars. The announcement was made by the Managing Director of MAS, Ravi Menon.MAS...
Cryptocoins News / Finance Magnates - 2 years ago
CoinShares International Limited, a European investment company specializing in digital assets, has secured an option to acquire Valkyrie Funds LLC, the U.S. digital asset manager's investment advisory business known for actively managed cryptocurren...
Cryptocoins News / Finance Magnates - 2 years ago
BlackRock has filed a prospectus with the US Securities and Exchange Commission (SEC) for a spot Ether exchange-traded fund (ETF). The filing followed the registration of the name of the new offering and the application for the filing of an applicati...
Cryptocoins News / Finance Magnates - 2 years ago
In a rapidly evolving landscape of decentralized technologies, the United Arab Emirates (UAE) has emerged as a trailblazer, strategically positioning itself as a global hub for digital assets. This visionary move, fueled by a forward-thinking amalgam...
