Cryptocoins News / Finance Magnates - 1 month ago
Ripple launched a stablecoin in partnership with top
crypto exchanges and financial institutions to support cross-border payments. Dubbed RLUSD, the new digital asset promises reliability and a bridge between traditional finance and the decentralized...
Cryptocoins News / Finance Magnates - 1 month ago
Paxos, a blockchain and tokenization infrastructure
provider, has launched a new stablecoin payments platform. This platform powers
Stripe’s Pay with Crypto product, enabling merchants to accept stablecoin
payments more easily. Paxos' infrastructure...
Cryptocoins News / Finance Magnates - 1 month ago
Bitget
Wallet, a non-custodial Web3 platform offered by the Bitget crypto exchange,
has experienced explosive growth in recent months, doubling its user base to 40
million since March and emerging as a contender to major cryptocurrency players.Bitget...
Cryptocoins News / Finance Magnates - 1 month ago
September
is historically one of the worst months for Bitcoin (BTC) and the
cryptocurrency market. This year, however, the oldest digital asset bucked the
trend, rising by over 7% and defending the psychological level of $60,000. The
lack of a clear...
Cryptocoins News / Finance Magnates - 1 month ago
HTX, a digital asset trading platform, has partnered with
TradingView, a financial analysis and trading platform. The collaboration
integrates HTX into TradingView’s Broker feature, allowing users to trade
cryptocurrencies directly through TradingVie...
Cryptocoins News / Finance Magnates - 1 month ago
United Arab Emirates (UAE) granted AED Stablecoin
LLC in-principle approval to launch AE Coin, the country's regulated
stablecoin, GulfToday reported. The stablecoin issuer aims to improve payments and transactions in the region. It also seeks to of...
Cryptocoins News / Finance Magnates - 1 month ago
Investors are turning to digital assets in record
numbers amid the uncertainty related to the US elections. Currently, the market appears to be influenced more by political factors than the outlook on monetary policy, with a US$407 million inflow int...
Cryptocoins News / Finance Magnates - 1 month ago
The battle between US regulators and crypto companies
has intensified, with nearly $32 billion collected in settlements since 2019, according to a report by CoinGecko. The most significant regulatory action to date has
been against the now-defunct cr...
Cryptocoins News / Finance Magnates - 1 month ago
MultiBank Group, a global financial institution based in
Dubai, has announced the launch of its subsidiary, MEX Digital FZE, in the UAE.
MEX Digital has secured a license from the Virtual Assets Regulatory Authority
(VARA) in Dubai to operate under t...
Cryptocoins News / Finance Magnates - 1 month ago
A Nigerian court has denied a bail application for Tigran
Gambaryan, an executive at Binance Holdings Ltd, citing his trial on money
laundering and currency manipulation allegations. The court ruled today (Friday) that Gambaryan's health
condition di...
Cryptocoins News / Finance Magnates - 1 month ago
Crypto exchange OKX has launched its trading platform for
retail and institutional investors in the United Arab Emirates. This follows
the company’s acquisition of a full operating license from the UAE's Virtual
Assets Regulatory Authority.OKX Offers...
Cryptocoins News / Finance Magnates - 1 month ago
Social media updates about personal and professional lives have become common nowadays, but sometimes, some posts attract attention because they are unhinged. Ryan Salame, the former co-CEO of FTX, made such an absurd post on LinkedIn, updating on hi...
Cryptocoins News / Finance Magnates - 1 month ago
Securities and Exchange Commission (SEC) charged
Chicago-based Cumberland DRW LLC for operating as an unregistered crypto dealer.
The complaint involves more than $2 billion in crypto trades, allegations the
company termed as an “enforcement-first ap...
Cryptocoins News / Finance Magnates - 1 month ago
Bybit has confirmed its pursuit
of regulatory licensing in Austria. This move aligns with its efforts to expand
into key markets while adhering to local compliance requirements.Meanwhile, Kazakhstan
has granted Bybit a full license from the Astana Fi...
Cryptocoins News / Finance Magnates - 1 month ago
Iris Energy
Limited, the publicly listed Wall Street Bitcoin (BTC) mining company (NASDAQ:
IREN) that recently pivoted to promoting itself as a high-performance computing
(HPC) data center operator, is facing a class action lawsuit alleging it
misrep...
Cryptocoins News / Finance Magnates - 1 month ago
Ripple announced the launch of new crypto custody services
on Thursday (today). These services are designed to assist banks and financial
technology firms in storing digital assets for their clients. However, this diversification effort comes amid ch...
Cryptocoins News / Finance Magnates - 1 month ago
A new HBO documentary claimed to have uncovered the
identity of Bitcoin creator Satoshi Nakamoto. However, the man identified as
the mysterious figure behind the leading cryptocurrency has denied the claims,
BBC reported. Titled “Money Electric: The...
Cryptocoins News / Finance Magnates - 1 month ago
Anthony
Scaramucci, the Founder of SkyBridge Capital investment firm, has voiced
criticism of the current state of cryptocurrency regulation in the United
States. The former White House Director of Communications called for a more bipartisan approach...
Cryptocoins News / Finance Magnates - 1 month ago
Muinmos, a Danish RegTech firm, and cryptocurrency
firm XBO.com partnered to improve how crypto exchanges onboard users. This
collaboration promises speed, efficiency, and compliance with regulatory
standards.Automating Compliance XBO.com's integrati...
Cryptocoins News / Finance Magnates - 1 month ago
Wirex Pay has launched early access to its new app for
select whitelisted users. The app is part of Wirex’s decentralized payment
network, aiming to update the use of digital assets in everyday payments.
This early phase allows users to test the syst...
Cryptocoins News / Finance Magnates - 1 month ago
Bybit partnered with the Nordic Blockchain Association
(NBA) to foster innovation and growth within the regional blockchain ecosystem.
The partnership is reportedly part of the NBA's effort to create a better
blockchain community in the Nordics.Build...
Cryptocoins News / Finance Magnates - 1 month ago
The number of crypto-related litigations brought by
the SEC increased four times in the third quarter compared to the prior
quarter, according to a recent study. This comes as the sector faces
intensified scrutiny amid heightened enforcement actions...
Cryptocoins News / Finance Magnates - 1 month ago
Crypto.com sued the US securities watchdog for allegedly overstepping its mandate. The crypto exchange claims the Securities and Exchange Commission (SEC) has extended its
jurisdiction beyond statutory limits by interpreting crypto
assets as securiti...
Cryptocoins News / Finance Magnates - 1 month ago
Finery
Markets, a non-custodial crypto ECN and SaaS trading platform provider, has
announced a new partnership with technology and digital asset liquidity
provider Stillman Digital. This collaboration is set to expand Finery Markets'
pool of global l...
Cryptocoins News / Finance Magnates - 1 month ago
The Hong Kong Securities and Futures Commission (SFC) plans
to approve more cryptocurrency exchanges by the end of the year, according to
CEO Julia Leung. Speaking to local outlet HK01 on October 6, Leung noted that
11 platforms seeking licenses have...