Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency derivatives exchange, BitMEX from May 29, 2023, will end its Hong Kong-based users’ access to its website and application programming interface (API) connections as provided by HDR Global Trading Limited, the operator of BitMEX. In...
Cryptocoins News / Finance Magnates - 1 year ago
Regulatory concerns are a growing issue in the cryptocurrency industry, and the gaps that are opening up between different global regions are impossible to ignore. In the EU, this week saw MiCA regulations signed off, with the rules expected to come...
Cryptocoins News / Finance Magnates - 1 year ago
Binance Australia has provided an update on its ongoing local payments situation, confirming that AUD withdrawals via bank transfers will be allowed until 1 June 5 pm (AEST). Binance Australia Looks for a New Payments Partner Meanwhile, the Australia...
Cryptocoins News / Finance Magnates - 1 year ago
Miami International Holdings (MIH), a US-based exchange conglomerate, has finalized its $50 million acquisition of LedgerX from the bankrupt cryptocurrency exchange FTX and its debtors. LedgerX, one of the few solvent subsidiaries of the Founder of F...
Cryptocoins News / Finance Magnates - 1 year ago
US prosecutors have filed a lawsuit against a new suspect, Bryan Lee, 57, for his alleged involvement in ‘CoinDeal’, a fraudulent investment scheme that raised $45 million by selling unregistered securities. Neil Chandran, the mastermind behind the s...
Cryptocoins News / Finance Magnates - 1 year ago
The Bank of Korea (BOK) released a report on Thursday emphasizing the importance of introducing a comparable level of regulation that binds traditional banks into the cryptocurrency market. In addition, the central bank highlighted the potential risk...
Cryptocoins News / Finance Magnates - 1 year ago
On Friday, a delegation of lawmakers from South Korea's ruling People Power Party (PPP) conducted a visit to the office of Wemade, the issuer of play-to-earn (P2E) cryptocurrency, Wemix. The visit is part of an ongoing investigation into the crypto h...
Cryptocoins News / Finance Magnates - 1 year ago
Australian stock market operator, ASX, has abandoned its ambitious project to replace the legacy clearing and settlements system, CHESS, with a blockchain technology-based platform. CHESS Is a 30-Year Old System The decision to completely abandon the...
Cryptocoins News / Finance Magnates - 1 year ago
Coinbase (Nasdaq: COIN) has rolled out a zero-fee subscription service, Coinbase One, allowing users to trade cryptocurrency at a zero fee and receive higher staking rewards. A Subscription Model of Coinbase The $29.99-a-month service has been opened...
Cryptocoins News / Finance Magnates - 1 year ago
Dr. Aisha Ghaus Pasha, Pakistan’s Minister of State for Finance and Revenue, has said cryptocurrencies will “never be legalized” in the South Asian country, local media reports. The Minister reportedly suggested at a session of the country’s Senate S...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrency exchange Binance has announced the integration of its spot trading services with charting and analytics platform TradingView in a deliberate move to meet investors' growing interest in the cryptocurrency markets. By integrating with Tr...
Cryptocoins News / Finance Magnates - 1 year ago
Ripple, a technology company, has introduced the Ripple CBDC Platform, a solution designed to facilitate the issuance of Central Bank Digital Currencies (CBDCs) by central banks, governments and financial institutions. With over 90% of countries worl...
Cryptocoins News / Finance Magnates - 1 year ago
The Australian subsidiary of Binance has suspended Australian dollar services as its local payment service provider stopped support for the crypto exchange's service. Binance Australia Faces Banking Troubles According to a tweet on Thursday morning,...
Cryptocoins News / Finance Magnates - 1 year ago
A bankruptcy court in the United States has sanctioned the liquidation plans of the bankrupt crypto lender, Voyager Digital, permitting the firm to end its Chapter 11 reorganization efforts. Judge Michael Wiles gave the approval on Wednesday during a...
Cryptocoins News / Finance Magnates - 1 year ago
The Indian government and central bank have received proposals requesting the restoration of access to the Unified Payments Interface (UPI) for the cryptocurrency industry, CoinDesk reports, citing sources familiar with the matter. The proposals have...
Cryptocoins News / Finance Magnates - 1 year ago
A panel of cross-party British lawmakers is going against the government's stance and recommended trading of 'unbacked' crypto assets like Bitcoin and Ether to be regulated as gambling. The recommendations came when the UK government was working to r...
Cryptocoins News / Finance Magnates - 1 year ago
The Council of the European Union has adopted the Markets in Crypto-Assets (MiCA) regulation passed by the European Parliament late last month. The Council has set “an EU level legal framework for this sector for the first time,” the legislative body...
Cryptocoins News / Finance Magnates - 1 year ago
US securities regulator has sought to drastically reduce the fine it asked the court to slam against LBRY, a blockchain-based file-sharing and payment network it sued in March 2021. The watchdog had alleged that the crypto startup’s native LBC token...
Cryptocoins News / Finance Magnates - 1 year ago
In an ongoing investigation into the cryptocurrency holdings of independent lawmaker Kim Nam-kuk, South Korean prosecutors conducted raids on two local cryptocurrency exchanges on Monday, according to officials. The Seoul Southern District Prosecutor...
Cryptocoins News / Finance Magnates - 1 year ago
In recent years, cryptocurrencies have attracted a lot of attention and appeal, with Bitcoin serving as the pioneer. Many still ponder whether cryptocurrencies will have advanced sufficiently by 2023 to serve as a useful and dependable payment option...
Cryptocoins News / Finance Magnates - 1 year ago
Binance has become the latest cryptocurrency exchange to close down its operations in Canada. The exchange said , in a Tweet on Friday that Canada’s requirements around ‘stablecoins and investor limits’ pushed it out of the country. Binance Is No Lo...
Cryptocoins News / Finance Magnates - 1 year ago
Businesses have traditionally used loyalty and reward programs to encourage consumer loyalty and encourage repeat business. These programs have developed and advanced in recent years, with payment integration being a crucial factor. This article will...
Cryptocoins News / Finance Magnates - 1 year ago
Thunder only happens when it's raining, and players only love you when they're playing. Fleetwood Mac could not have been more fitting and even more precise regarding the recent money laundering trend in the UAE. Payment agents and real estate broker...
Cryptocoins News / Finance Magnates - 1 year ago
The US Securities and Exchange Commission (SEC), in its action against fraudulent investment platforms, charged GA Investors and a few other unnamed platforms. These platforms fraudulently offered securities, including crypto asset mining pools, thro...
Cryptocoins News / Finance Magnates - 1 year ago
The crypto lending firm, Nexo is making efforts to disband two of its subsidiaries in the United Kingdom. The units are Nexo Financial Services Limited and Nexo Clearing, according to a regulatory filing with the UK Companies House seen by Bloomberg....
