Cryptocoins News / Finance Magnates - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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 - 1 month 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 - 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...
