Cryptocoins News / Finance Magnates - 10 months ago
BlackRock, VanEck, and other companies expecting responses for their applications to list spot Bitcoin ETFs have amended their filings after receiving feedback from the US Securities and Exchange Commission (SEC).This unprecedented engagement between...
Cryptocoins News / Finance Magnates - 10 months ago
2023 proved to be positive for companies in the cryptocurrency industry, as confirmed by another report summarizing the past year published by a large digital asset exchange. KuCoin joins its competitors and boasts an increase in its customer base to...
Cryptocoins News / Finance Magnates - 10 months ago
Now, the Securities and Exchange Commission (SEC) only has two working days to announce its decision on spot Bitcoin exchange-traded fund (ETF) as the Wednesday deadline is looming. Although the regulator rejected and delayed its decision for years,...
Cryptocoins News / Finance Magnates - 10 months ago
Amid the anticipation surrounding the potential approval of a spot Bitcoin exchange-traded product by the Securities and Exchange Commission (SEC), the Chairman's, Gary Gensler, recent cautionary statements have cast a spotlight on the inherent risks...
Cryptocoins News / Finance Magnates - 10 months ago
The Monetary Authority of Singapore (MAS) has officially granted Upbit Singapore a Major Payment Institution (MPI) license, marking an important step for the company in its commitment to the country's crypto regulations. Alex Kim, the Founder and CEO...
Cryptocoins News / Finance Magnates - 10 months ago
The intensifying competition within the burgeoning Bitcoin exchange-traded fund (ETF) landscape, BlackRock (BLK.N) has announced a low fee of 0.30% for its forthcoming iShares Bitcoin Trust. This fee is notably lower than those proposed by some of it...
Cryptocoins News / Finance Magnates - 10 months ago
Coinbase is acquiring a Cyprus-based entity with a MiFID license, paving the way for wider access to its derivatives products in Europe.This strategic move aligns with Coinbase's "Go Broad, Go Deep" plan, aiming to establish clear regulatory framewor...
Cryptocoins News / Finance Magnates - 10 months ago
The UK’s cryptocurrency miner Argo Blockchain (LSE: ARGO) reported its highest Bitcoin (BTC) mining output since May. Additionally, the company announced the departure of Chief Operating Officer (COO) Seif El-Bakly "to pursue other opportunities." In...
Cryptocoins News / Finance Magnates - 10 months ago
The Securities and Exchange Commission (SEC) has reissued its warning against the “Fear of Missing Out (FOMO)” behavior for cryptocurrency and other trending investments days ahead of the regulator’s decision regarding the fate of Bitcoin exchange-tr...
Cryptocoins News / Finance Magnates - 10 months ago
VanEck has announced that if the US Securities and Exchange Commission (SEC) approves its application for a spot Bitcoin exchange-traded fund (ETF), the asset management firm will allocate 5% of the fund's profits to support Bitcoin developers.VanEck...
Cryptocoins News / Finance Magnates - 10 months ago
The Central Bank of Nigeria has granted the Africa Stablecoin Consortium (ASC) approval to introduce the compliant Nigerian Naira stablecoin (cNGN) within its regulatory sandbox. This marks a pivotal moment in the Nigerian financial landscape, as the...
Cryptocoins News / Finance Magnates - 10 months ago
In the heart of India's bustling financial landscape, the Reserve Bank of India (RBI) has orchestrated a revolutionary tale, marking the ascent of the e-rupee. As the digital currency surpassed one million daily transactions, India's embrace of the d...
Cryptocoins News / Finance Magnates - 10 months ago
In a regulatory development, Quickbit Limited, authorized by the Gibraltar Financial Services Commission (GFSC) as a Virtual Asset Arrangement Provider, is facing severe consequences for contraventions of the Proceeds of Crime Act. The GFSC, followin...
Cryptocoins News / Finance Magnates - 10 months ago
Bitget Wallet, a Web3 crypto wallet formerly known as BitKeep, has launched a new "Smart Money" feature powered by artificial intelligence. This tool tracks over 6,000 high-performing crypto addresses on networks like Ethereum to identify potential t...
Cryptocoins News / Finance Magnates - 10 months ago
The authorities in Taiwan raided the premises of a local crypto exchange, Ace Exchange, and arrested the Co-Founder, David Pan, for alleged fraud, Liberty Times reported yesterday (Thursday).Investigation against Taiwan’s Top Crypto Exchange Pan was...
Cryptocoins News / Finance Magnates - 10 months ago
Chelsea Football Club has closed a sleeve sponsorship deal with BingX, a prominent cryptocurrency exchange. This partnership, estimated by The Standard to be worth more than £10 million, will allow BingX's brand to appear on the club's kit for the r...
Cryptocoins News / Finance Magnates - 10 months ago
Digital asset investment products saw $2.25 billion of inflows in 2023, marking it as the 3rd largest year for inflows since 2017, according to the newest report by CoinShares. The inflows represented a dramatic turnaround from 2022 when they totale...
Cryptocoins News / Finance Magnates - 10 months ago
The South Korean Financial Services Commission (FSC) today (Thursday) published a legislative notice proposing a ban on cryptocurrency purchases using credit cards. If approved, the prohibitory rule will be imposed on the local citizens.No Crypto on...
Cryptocoins News / Finance Magnates - 10 months ago
Goldman Sachs is reportedly exploring the possibility of serving as an authorized participant for BlackRock and Grayscale's proposed spot Bitcoin exchange-traded funds (ETFs), Coindesk reported, citing unidentified sources. This potential involvement...
Cryptocoins News / Finance Magnates - 10 months ago
The Bitcoin market left behind a very long crypto winter in 2023, allowing companies in the industry to continue their dynamic development. Among them was Bitget, the crypto exchange that celebrated its fifth anniversary and expanded significantly ac...
Cryptocoins News / Finance Magnates - 10 months ago
Taiwan's Financial Supervisory Commission (FSC) has issued a directive, instructing banks to deny virtual asset providers (VASPs) the status of merchants for credit card transactions. This move signals Taiwan's cautious approach to cryptocurrencies,...
Cryptocoins News / Finance Magnates - 10 months ago
Exactly fifteen years ago, an anonymous figure named Satoshi Nakamoto mined the Bitcoin genesis block, containing the first 50 BTC ever created. The anonymous mastermind behind the cryptocurrency, could not have anticipated the experiment’s evolution...
Cryptocoins News / Finance Magnates - 10 months ago
The cryptocurrency exchange OKX has announced it is working to comply with new crypto asset regulations in the United Kingdom that go into effect in a few days, on 8 January 2024. From that date, new local regulations will be enacted regarding the ma...
Cryptocoins News / Finance Magnates - 10 months ago
To enhance cryptocurrency services, eToro, the global trading and investment platform, has announced a partnership with Tangany, a Munich-based fintech specializing in crypto custody solutions. The collaboration aims to provide secure and transparent...
Cryptocoins News / Finance Magnates - 10 months ago
The crypto gambling platform Stake.com has ramped up its marketing efforts by securing the naming rights of Sauber’s Formula One car for the next two years. The sports sponsorship kicked off in 2024 ahead of the launch of the new racing season on 5 F...
