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...
Cryptocoins News / Finance Magnates - 2 years ago
In the fast-paced world of virtual currencies, the delicate dance between safeguarding investors and fostering innovation is a high-stakes challenge that regulatory bodies grapple with daily. A recent move by the New York State Department of Financia...
Cryptocoins News / Finance Magnates - 2 years ago
In the ever-evolving landscape of digital finance, the dichotomy between acceptance and skepticism toward cryptocurrencies is a central theme. Recently, Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), shared a critical...
Cryptocoins News / Finance Magnates - 2 years ago
In collaboration with Gulf Energy Development, Binance is gearing up to launch a crypto exchange in Thailand in early 2024. The announcement follows Gulf Energy's filing with the Stock Exchange of Thailand on November 15. This revealed that the Gulf...
Cryptocoins News / Finance Magnates - 2 years ago
Superintendent Adrienne Harris of the New York State Department of Financial Services (NYDFS) has unveiled new guidance on coin listing and delisting policies. This latest development sets new industry standards and reflects the department's stance o...
Cryptocoins News / Finance Magnates - 2 years ago
Commerzbank, a German financial institution, has secured a crypto custody license from local regulators. This positions Commerzbank as the first "full-service" German bank to be granted such a license under the legal framework of the German Banking A...
Cryptocoins News / Finance Magnates - 2 years ago
The landscape of Central Bank Digital Currencies (CBDCs) is dynamically evolving, guided by diverse motivations that vary based on local circumstances. A recent BIS survey, delving into the intricate fabric of CBDC development, unveils a nuanced pers...
Cryptocoins News / Finance Magnates - 2 years ago
Poloniex, the cryptocurrency exchange compromised for over $100 million on November 10, has provided an update on its recovery efforts. The company said that the steps to restore its operations were almost complete and that the crypto exchange was op...
Cryptocoins News / Finance Magnates - 2 years ago
In a strategic move towards the inevitable shift to tokenization, the Monetary Authority of Singapore (MAS) is leading the way with pioneering tests alongside financial heavyweights like JPMorgan, DBS, and BNY Mellon. This collaborative effort explor...
Cryptocoins News / Finance Magnates - 2 years ago
OKX has expanded its partnership with the asset manager CoinShares and the custody joint venture Komainu to offer derivatives trading with a feature that mitigates counterparty risk associated with assets held on the exchange.Navigating Off-Exchange...
Cryptocoins News / Finance Magnates - 2 years ago
Blockchain.com has become the latest crypto company to see a valuation cut in its latest $110 million Series-E funding round. According to Bloomberg, the company was valued at less than half its last valuation of $14 billion. However, the official an...
