Cryptocoins News / Finance Magnates - 7 months ago
The Australian Securities and Investments Commission (ASIC) has taken action against a former crypto exchange executive for fraud. According to the announcement today (Tuesday), the regulator charged Grant Colthup, the ex-CEO of ACCE Australia, which...
Cryptocoins News / Finance Magnates - 7 months ago
Cyprus Securities and Exchange Commission (CySEC) licensed crypto exchange Zondacrypto, marking the 7th regulatory license for the company. With over 1.3 million active users, the company welcomed the regulatory step as a part of its efforts to offer...
Cryptocoins News / Finance Magnates - 7 months ago
The UK's Financial Conduct Authority (FCA) has defended its “too tough” approach to registering cryptocurrency firms, arguing that robust standards are essential for building a sustainable and trustworthy digital asset sector.In a statement released...
Cryptocoins News / Finance Magnates - 7 months ago
Stripe, a US-headquartered payment processing firm, has sealed the acquisition deal for Bridge, a fintech startup specialising in moving money using stablecoins like Tether’s USDT and Circle’s USDC, by paying $1.1 billion, TechCrunch founder Michael...
Cryptocoins News / Finance Magnates - 7 months ago
The US Securities and Exchange Commission (SEC) has granted accelerated approval to 11 exchange-traded funds (ETFs) for listing and trading options tied to spot Bitcoin prices on the New York Stock Exchange. This decision follows a regulatory filing...
Cryptocoins News / Finance Magnates - 8 months ago
A Nigerian court has adjourned the trial of Binance executive Tigran Gambaryan, who is currently detained in Nigeria. The trial was delayed today (Friday) after Gambaryan, a US citizen and Head of Financial Crime Compliance at Binance, could not atte...
Cryptocoins News / Finance Magnates - 8 months ago
Binance has expanded its services in Africa. The platform now allows users in Benin, Cameroon, Ivory Coast, the Democratic Republic of Congo (DRC), Togo, and Senegal to purchase cryptocurrency using mobile money payments. This feature is made possibl...
Cryptocoins News / Finance Magnates - 8 months ago
Payment processing giant Stripe is in talks to acquire Bridge, a fintech startup specializing in moving money using stablecoins like Tether’s USDT and Circle’s USDC, for $1 billion, Bloomberg reported, citing anonymous sources familiar with the discu...
Cryptocoins News / Finance Magnates - 8 months ago
Venture capital investment in the crypto sector declined in the third quarter of 2024, following a persistent downtrend that began earlier this year. However, while overall numbers were down, early-stage startups in AI and blockchain infrastructure g...
Cryptocoins News / Finance Magnates - 8 months ago
Crypto exchange Kraken and Formula 1 Williams Racing extended their partnership through the 2025 season. This collaboration began in 2023 and aims to boost fan engagement in the racing world.Kraken Eyes Formula 1 Since joining forces, Williams Racing...
Cryptocoins News / Finance Magnates - 8 months ago
Institutional investment is reshaping the crypto landscape in established markets while emerging regions are becoming hubs for retail adoption. This is according to Chainalysis' report, which indicated that crypto has become more mainstream than ever...
Cryptocoins News / Finance Magnates - 8 months ago
Cyprus's financial regulator is giving crypto-asset service providers a narrow window to operate under existing national regulations before new EU-wide rules take effect. The Cyprus Securities and Exchange Commission (CySEC) announced today (Thursday...
Cryptocoins News / Finance Magnates - 8 months ago
Irish lawmakers are urgently preparing legislation covering digital assets and crypto firms ahead of the broader European Union’s anti-money laundering and terror financing laws, set to be enacted on 30 December 2024.According to a report by the Iris...
Cryptocoins News / Finance Magnates - 8 months ago
The European Securities and Markets Authority (ESMA) has responded to the European Commission's proposal to amend the Markets in Crypto-Assets Regulation (MiCA) Regulatory Technical Standards (RTS). In its response, ESMA acknowledges the legal limita...
Cryptocoins News / Finance Magnates - 8 months ago
Italy plans to raise the capital gains tax on Bitcoin from 26% to 42%. This decision is part of the government’s efforts to finance costly election promises while reducing the fiscal deficit.Deputy Finance Minister Maurizio Leo announced the change d...
Cryptocoins News / Finance Magnates - 8 months ago
CoinDesk, a media and data company in the cryptocurrency sector, has acquired CCData, a UK FCA-regulated administrator. CCData is known for providing digital asset data and index solutions. This includes CryptoCompare, a popular retail site with over...
Cryptocoins News / Finance Magnates - 8 months ago
The biggest publicly listed Wall Street Bitcoin (BTC) miner, MARA Holdings (NASDAQ: MARA), has announced the acquisition of a $200 million line of credit. The credit facility is secured by a portion of the company's crypto holdings, highlighting the...
Cryptocoins News / Finance Magnates - 8 months ago
In an ongoing legal battle between Coinbase and the Securities and Exchange Commission (SEC), the crypto exchange is intensifying efforts to access critical internal communications that could shed light on how the regulator views Ethereum (ETH) and o...
Cryptocoins News / Finance Magnates - 8 months 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 - 8 months 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 - 8 months 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 - 8 months 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 - 8 months 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 - 8 months 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 - 8 months 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...
