Cryptocoins News / Finance Magnates - 10 months ago
The recently launched US Bitcoin exchange-traded funds (ETFs) have captured the attention of investors, drawing an impressive $1.9 billion in just the first three days of trading. According to a report by Reuters citing data from issuers and analysts...
Cryptocoins News / Finance Magnates - 10 months ago
The asset management firm VanEck will close and liquidate its Bitcoin strategy exchange-traded fund, which tracks the performance of Bitcoin futures, following the approval and listing of much-anticipated spot Bitcoin ETFs.No Place for Futures Bitcoi...
Cryptocoins News / Finance Magnates - 10 months ago
Digital assets infrastructure provider, Aquanow, and cryptocurrency exchange, Gate.io, have announced a strategic partnership aimed at enhancing global liquidity for the next generation of blockchain projects. With Gate.io boasting over $6 billion in...
Cryptocoins News / Finance Magnates - 10 months ago
Gemini has secured approval from the French regulator to launch its services in France. This significant development opens a new chapter for Gemini, allowing it to extend its offerings to retail and institutional clients in the European market. Gilli...
Cryptocoins News / Finance Magnates - 10 months ago
Nukkleus Inc. has announced the signing of a Memorandum of Understanding (MOU) yesterday (Tuesday), outlining plans for a significant increase in its holdings in Jacobi Asset Management. The collaboration with Jacobi, recognized as the sponsor of Eur...
Cryptocoins News / Finance Magnates - 10 months ago
Ark Investment Management LLC has invested $15.9 million in its recently-listed spot Bitcoin exchange-traded fund (ETF), ARK 21Shares Bitcoin ETF (ARKB). In a parallel move, the firm sold $15.8 million worth of shares in the ProShares Bitcoin Strateg...
Cryptocoins News / Finance Magnates - 10 months ago
In a court hearing scheduled for Wednesday, Coinbase, is set to argue that the US Securities and Exchange Commission (SEC) should drop its case against the platform. Coinbase contends that the tokens traded on its platform are not comparable to secur...
Cryptocoins News / Finance Magnates - 10 months ago
Kraken's subsidiary, CF Benchmarks, is in talks with 50 firms seeking its services for spot Bitcoin exchange-traded fund (ETF) pricing. This development follows the recent approval of 11 spot Bitcoin ETF applications by the US Securities and Exchange...
Cryptocoins News / Finance Magnates - 10 months ago
B2Prime Group's, a liquidity provider, subsidiary B2B Prime Digital MENA has been granted "Initial Approval" for licensing from the Dubai Virtual Assets Regulatory Authority (VARA). The approval covers a spectrum of activities, including Virtual Asse...
Cryptocoins News / Finance Magnates - 10 months ago
Ripple has temporarily halted its plans for an initial public offering (IPO) due to what is described as a 'hostile' regulatory environment in the United States. The delay is attributed to the ongoing legal battle with the US Securities and Exchange...
Cryptocoins News / Finance Magnates - 10 months ago
Core Scientific, a Bitcoin miner that took a massive hit with previously falling crypto prices, received approval for Chapter 11 restructuring from a US bankruptcy judge. Following this decision, the company is expected to re-list its shares on Nasda...
Cryptocoins News / Finance Magnates - 10 months ago
Bitget Wallet, a Web3 trading wallet formerly known as BitKeep, has introduced a new inscription ecosystem called GetScribe. The platform aims to simplify access to omnichain inscriptions by offering inscription management across 19 different blockch...
Cryptocoins News / Finance Magnates - 10 months ago
The European Banking Authority (EBA) has extended its guidelines on money laundering (ML) and terrorist financing (TF) risk factors to crypto-asset service providers (CASPs). The move aims to help the nascent crypto sector tackle illicit finance risk...
Cryptocoins News / Finance Magnates - 10 months ago
The crypto spot trading volumes for the top 10 exchanges in December 2023 reached their highest levels since June 2022, marking the third consecutive month of growth. Binance, maintaining its lead, experienced a month-on-month (MoM) increase of 40%...
Cryptocoins News / Finance Magnates - 10 months ago
The approval of 11 Bitcoin exchange-traded funds (ETF) by the US securities market regulator has failed to convince its counterpart in Thailand, also named the Securities and Exchange Commission (SEC), to allow such products in the local Thai market....
Cryptocoins News / Finance Magnates - 10 months ago
The European Securities and Markets Authority (ESMA) is gearing up for the implementation of the Markets in Crypto-Assets Regulation (MiCA). This regulation marks an important step in ushering in a new era of oversight for digital assets.As ESMA gear...
Cryptocoins News / Finance Magnates - 10 months ago
The European Securities and Markets Authority (ESMA) is gearing up for the implementation of the Markets in Crypto-Assets (MiCA) regulation. This regulation marks an important step in ushering in a new era of oversight for digital assets.As ESMA prep...
Cryptocoins News / Finance Magnates - 10 months ago
The European Banking Authority (EBA) has extended its guidelines on money laundering (ML) and terrorist financing (TF) risk factors to crypto-asset service providers (CASPs). This initiative is significant in the EU's ongoing battle against illicit f...
Cryptocoins News / Finance Magnates - 10 months ago
The year 2023 has been a remarkable one for the crypto and Web3 space, with many innovations, challenges, and opportunities emerging. The adoption of decentralized technologies has grown exponentially, reaching new heights of user engagement, value c...
Cryptocoins News / Finance Magnates - 10 months ago
The Dubai-based subsidiary of crypto exchange OKX, named OKX Middle East Fintech FZE, announced today (Tuesday) that it has received a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA), enabling t...
Cryptocoins News / Finance Magnates - 10 months ago
The South Korean government is contemplating strict measures against the use of crypto-mixing services. The country's financial authorities are gearing up to introduce regulations specifically targeting virtual asset mixers, which have become a tool...
Cryptocoins News / Finance Magnates - 10 months ago
Binance customers may have received an SMS last week encouraging them to participate in a new lottery to win up to 100 EUR in cryptocurrencies. Although these texts appeared in threads with official announcements from the exchange, they turned out to...
Cryptocoins News / Finance Magnates - 10 months ago
The Federal Police of Brazil arrested one person last week in connection with a massive money laundering racket suspected of having moved $2.6 billion in illegal proceeds through crypto assets, the Brazilian edition of CNN reported.Mastermind behind...
Cryptocoins News / Finance Magnates - 10 months ago
After several years of not officially recognizing cryptocurrencies, the Polish Financial Supervision Authority (KNF) plans to start supervising digital assets by the end of this year. As Finance Magnates learned, the Polish government plans to presen...
Cryptocoins News / Finance Magnates - 10 months ago
Bitcoin experienced a substantial correction following the approval and listing of the much-hyped 11 spot Bitcoin exchange-traded funds (ETFs) in the United States. At one point on Friday, the cryptocurrency's value decreased by approximately 10 perc...
