Cryptocoins News / Finance Magnates - 4 months ago
Silvergate Capital Corp., the parent of the now-collapsed crypto-friendly Silvergate Bank, and its top former executives have agreed to pay a combined $63 million as civil penalties to settle charges with the federal and California regulators for int...
Cryptocoins News / Finance Magnates - 4 months ago
Singapore has issued the blockchain technology firm Paxos full approval, allowing the New York-based firm to offer digital payment token services through its entity, Paxos Digital Singapore Pte. Ltd. This approval from the Monetary Authority of Singa...
Cryptocoins News / Finance Magnates - 4 months ago
Sony Corporation is preparing to launch a cryptocurrency exchange subsidiary by transforming the local trading platform WhaleFin, which it acquired last year. According to a press release today (Monday), WhaleFin has been rebranded as S.BLOX Co. The...
Cryptocoins News / Finance Magnates - 4 months ago
Cryptocurrency firm Circle announced today (Monday) that it is now registered as an electronic money institution (EMI) in France. This registration grants Circle the license to become a compliant stablecoin issuer under the European Union's cryptocur...
Cryptocoins News / Finance Magnates - 4 months ago
Robinhood has acquired Pluto Capital, an AI investment research platform, to strengthen its presence in the technology space. According to the company, this acquisition promises intelligent, data-driven investing for Robinhood users, mainly focusing...
Cryptocoins News / Finance Magnates - 4 months ago
May marked a historic month for the crypto market after the SEC finally greenlit Ethereum exchange-traded funds (ETFs). After years of relentless pushback and tireless advocacy from pro-crypto activists, this approval presented a golden opportunity t...
Cryptocoins News / Finance Magnates - 4 months ago
A whoās who of Vanuatuās financial industry and its regulators converged at Port Vilaās Warwick Le Lagon resort on June 27 to discuss the new licence for virtual asset service providers (VASP) and to review the jurisdictionās best strategies to avoid...
Cryptocoins News / Finance Magnates - 4 months ago
Mesh, a US-based fintech company specializing in integrations with over 300 leading exchanges and wallets, and Conio, the Italian fintech backed by Poste Italiane and Banca Generali, announced the launch of Europeās first Open Banking solution for Bi...
Cryptocoins News / Finance Magnates - 4 months ago
Cryptocurrency exchange BingX has announced an expansion of its partnership with Chelsea Football Club. Starting from the 2024/25 Premier League season, BingX will transition from sleeve sponsor to official training wear partner for the men's team.Bi...
Cryptocoins News / Finance Magnates - 4 months ago
Hidden Road, a global credit network for institutions trading digital assets, announced it has added several exchanges to its prime brokerage platform. The company also expanded the use of BlackRockās BUIDL token, accepting it as collateral across i...
Cryptocoins News / Finance Magnates - 4 months ago
Bitget Wallet has announced a joint investment with crypto investment firm Foresight X in Tomarket, a decentralized trading platform. This venture targets emerging asset classes and aims to expand the wallet's services beyond traditional decentralize...
Cryptocoins News / Finance Magnates - 4 months ago
The Securities and Futures Commission (SFC) issued a warning today (Friday) about several entities suspected of engaging in fraudulent virtual asset-related activities. These entities are also purportedly operating virtual asset trading platforms (VA...
Cryptocoins News / Finance Magnates - 4 months ago
The European Unionās Markets in Crypto-Assets Regulation (MiCA) will come into effect on 30 June, which is only three days away. As such, many crypto exchanges offering services in the bloc are already taking measures, mostly by dropping stablecoin o...
Cryptocoins News / Finance Magnates - 4 months ago
Cryptocurrency theft escalated dramatically in the second quarter, with losses from hacks and scams soaring by 112% to a staggering $572 million, the latest data revealed. This sharp increase followed a period of decline, highlighting a troubling res...
Cryptocoins News / Finance Magnates - 4 months ago
The European Banking Authority (EBA) plans to finalize its monitoring framework for stablecoin issuers by the end of this month, Coindesk reported. This development aligns with MiCA's broader regulations, which provide strict caps on transaction volu...
Cryptocoins News / Finance Magnates - 4 months ago
The European Union is set to become the worldās ļ¬rst signiļ¬cant jurisdiction with a tailored, comprehensive crypto law through its Markets in Crypto Assets regulation (MiCA), which will take effect in 2024. This legislation promises to provide legal...
Cryptocoins News / Finance Magnates - 4 months ago
Today (Thursday), Coinbase filed lawsuits against the U.S. Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC). According to a report from FoxBusiness, the lawsuits claim that both agencies failed to fulfill...
Cryptocoins News / Finance Magnates - 4 months ago
A recent report highlights the impending impact of the European Union's Markets in Crypto Assets Regulation (MiCA) on cryptocurrency trading surveillance. Commissioned by Eventus, the report, "The Impact of MiCA on Crypto Market Surveillance: Insight...
Cryptocoins News / Finance Magnates - 4 months ago
A recent report highlights the impending impact of the European Union's Markets in Crypto Assets Regulation (MiCA) on cryptocurrency trading surveillance. Commissioned by Eventus, the report, "The Impact of MiCA on Crypto Market Surveillance: Insight...
Cryptocoins News / Finance Magnates - 4 months ago
The Pacific Island nation of Vanuatu expects to endorse a digital asset and service provider bill in September. Branan Karae, Commissioner of the Vanuatu Financial Services Commission (VFSC), announced this at a digital assets symposium organized by...
Cryptocoins News / Finance Magnates - 4 months ago
The final approval for the trading of spot Ethereum exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) could come as soon as July 4, Reuters reported, citing āindustry executives and other participants.ā Although the SEC...
Cryptocoins News / Finance Magnates - 4 months ago
Cryptocurrency company Abra and its CEO, William āBillā Barhydt, settled with 25 state financial regulators in the United States for operating a crypto business without obtaining appropriate licenses. Apparently, it offered crypto trading and investi...
Cryptocoins News / Finance Magnates - 4 months ago
Web 3 firm Animoca Brands is preparing to go public in 2025, potentially in key financial hubs in Hong Kong or the Middle East, The Information reported. The company, renowned for its investments in NFTs and crypto gaming, is currently in talks with...
Cryptocoins News / Finance Magnates - 4 months ago
Bitstamp, recognized as the world's oldest operating cryptocurrency exchange, has announced significant updates to its platform ahead of the Markets in Crypto-Assets Regulation (MiCA), set to be enforced across the European Union on June 30. The exch...
Cryptocoins News / Finance Magnates - 4 months ago
B2Broker, a technology and liquidity provider, has released an update for its B2Trader Brokerage Platform. The new version, BBP v1.1, introduces BBP Prime functionality, enhanced reporting features, and customizable layouts.Adding Prime Brokerage Cap...
