Cryptocoins News / Finance Magnates - 6 months ago
In its latest action against non-compliance in the crypto industry, the Commodity Futures Trading Commission (CFTC) has settled with FalconX, a crypto prime brokerage firm that failed to register as a futures commission merchant (FCM), for $1.8 milli...
Cryptocoins News / Finance Magnates - 6 months ago
OKX has officially launched its cryptocurrency exchange in Australia with spot and derivatives trading services, the company announced today (Tuesday). Although spot trading is available for all users in the country, only verified wholesale clients w...
Cryptocoins News / Finance Magnates - 6 months ago
Kazakhstan has recognized Binance's local entity with ISO 27001 and ISO 27701 certifications, the cryptocurrency exchange announced today (Monday). The British Standards Institution awarded Binance these certifications after conducting an audit on th...
Cryptocoins News / Finance Magnates - 6 months ago
The Commodity Futures Trading Commission (CFTC) has issued a stark warning, including cryptocurrencies, to students and young job seekers: beware of becoming an unwitting "money mule."In a recent advisory, the CFTC's Office of Customer Education and...
Cryptocoins News / Finance Magnates - 6 months ago
Bitcoin lending startup Zest Protocol secured $3.5 million in a funding round led by venture capitalist Tim Draper, Reuters reported. The investment, joined by notable backers including Binance Labs and Flow Traders, signals growing confidence in the...
Cryptocoins News / Finance Magnates - 6 months ago
The introduction of crypto staking services, where users can deposit their coins to earn rewards, has intensified competition among exchanges in South Korea, The Korea Times reported. This service has expanded the scale of staking into trillions of...
Cryptocoins News / Finance Magnates - 6 months ago
CoinEx, a global cryptocurrency exchange, has recently announced that it has obtained authorization as a Virtual Assets Service Provider (VASP) in Poland. This development is anticipated to strengthen CoinEx's standing within the European cryptocurre...
Cryptocoins News / Finance Magnates - 6 months ago
Crossover Markets has expanded the reach of its cryptocurrency electronic communication network (ECN), CROSSx, with its integration with Talos, a provider of institutional technology for trading digital assets. An Advantage for Crypto TradersAnnounce...
Cryptocoins News / Finance Magnates - 6 months ago
Singapore-based custody services provider, Liminal, has obtained regulatory approvals in Abu Dhabi. Liminal's subsidiary, First Answer Middle East, has been granted Financial Services Permission from the Abu Dhabi Global Market's Financial Services R...
Cryptocoins News / Finance Magnates - 6 months ago
US Department of Justice (DOJ) has selected Forensic Risk Alliance (FRA) to oversee Binance compliance with money-laundering regulations and trade sanctions, Bloomberg reported. This decision is part of the crypto exchange's plea deal following alleg...
Cryptocoins News / Finance Magnates - 6 months ago
The Financial Intelligence Unit (FIU) of India has registered Binance and KuCoin, months after both cryptocurrency exchanges were banned for operating illegally, Coindesk reported. While KuCoin paid a penalty of $41,000 and resumed operations, Binanc...
Cryptocoins News / Finance Magnates - 6 months ago
Securities and Exchange Commission (SEC) Chair Gary Gensler has slammed the cryptocurrency sector for not providing adequate disclosure to investors compared to the traditional financial space. In an interview with CNBC, Gensler said that most crypto...
Cryptocoins News / Finance Magnates - 6 months ago
Grayscale's proposal to list exchange-traded funds (ETF) tied to the price of ether was recently withdrawn, according to a notice by the Securities and Exchange Commission (SEC). NYSE Arca, the platform Grayscale's ETF would have been listed if appro...
Cryptocoins News / Finance Magnates - 6 months ago
Canada's Financial Transactions and Reports Analysis Centre (FINTRAC) has taken action against cryptocurrency exchange Binance, imposing a hefty fine of nearly USD 4.38 million (C$6 million) for violations related to money laundering and terrorist fi...
Cryptocoins News / Finance Magnates - 6 months ago
Singapore has disowned the collapsed cryptocurrency project Terraform Labs, saying the platform was not performing activities requiring a license from the MAS and was neither licensed nor exempted from licensing by the regulator. The city-state has a...
Cryptocoins News / Finance Magnates - 6 months ago
In a rebuttal against accusations of bribery levelled by Binance Holdings Ltd, Nigeria has refuted claims made by the cryptocurrency firm, dismissing them as a diversionary tactic. The West African nation has been involved in a boisterous saga with B...
Cryptocoins News / Finance Magnates - 6 months ago
In a legal blow to Cristiano Ronaldo, the famed Portuguese soccer star, the judge overseeing the $1 billion class action lawsuit against him has rejected his motion to dismiss the case. The lawsuit, filed in Florida, accuses Ronaldo of endorsing Bina...
Cryptocoins News / Finance Magnates - 6 months ago
Regulatory change in the crypto realm has been a subject of heated debate for many years. The general ethos of cryptocurrency is one of anarchism or anarcho-capitalism. Proponents of the tech tend to be adamantly against any type of governmental inte...
Cryptocoins News / Finance Magnates - 6 months ago
Tradu, a multi-asset trading platform, has announced the launch of a new cryptocurrency exchange aimed at catering to active traders and investors seeking low, transparent fees. The platform, which is part of Stratos Group International, LLC, a subsi...
Cryptocoins News / Finance Magnates - 6 months ago
Bankrupt cryptocurrency exchange FTX plans to repay 98 percent of its creditors up to 118 percent of their claims in cash, an announcement yesterday (Tuesday) detailed. Only creditors with $50,000 or less in claims will be eligible to receive the cla...
Cryptocoins News / Finance Magnates - 6 months ago
Coincheck and Spacial Purpose Acquisition Company Thunder Bridge Capital Partners IV is progressing with their merger deal, which will enable the Japanese cryptocurrency exchange to list on Nasdaq. This action signifies a significant step for both co...
Cryptocoins News / Finance Magnates - 6 months ago
Coincheck and Spacial Purpose Acquisition Company Thunder Bridge Capital Partners IV are progressing with a merger deal that will enable the Japanese cryptocurrency exchange to list on Nasdaq. Coincheck has reportedly submitted a proposal regarding t...
Cryptocoins News / Finance Magnates - 6 months ago
Australian Taxation Office (ATO) has requested personal data and transaction details from crypto exchanges of up to 1.2 million accounts to crack down on potential tax evaders, Reuters reported. This move marks a significant escalation in the ATO's e...
Cryptocoins News / Finance Magnates - 6 months ago
London-based digital banking firm Revolut has introduced Revolut X, a cryptocurrency exchange tailored for professional traders, marking the institution as the pioneer in developing a dedicated platform for cryptocurrency trading within the banking s...
Cryptocoins News / Finance Magnates - 6 months ago
Over 90% of stablecoin transactions do not originate from real users, a recent study by Visa and Allium Labs revealed. These findings raise questions about the potential of stablecoins revolutionizing the payment sector despite the optimism from indu...
