Cryptocoins News / Finance Magnates - 7 months ago
The number of crypto-related litigations brought by the SEC increased four times in the third quarter compared to the prior quarter, according to a recent study. This comes as the sector faces intensified scrutiny amid heightened enforcement actions...
Cryptocoins News / Finance Magnates - 7 months ago
Crypto.com sued the US securities watchdog for allegedly overstepping its mandate. The crypto exchange claims the Securities and Exchange Commission (SEC) has extended its jurisdiction beyond statutory limits by interpreting crypto assets as securiti...
Cryptocoins News / Finance Magnates - 7 months ago
Finery Markets, a non-custodial crypto ECN and SaaS trading platform provider, has announced a new partnership with technology and digital asset liquidity provider Stillman Digital. This collaboration is set to expand Finery Markets' pool of global l...
Cryptocoins News / Finance Magnates - 7 months ago
The Hong Kong Securities and Futures Commission (SFC) plans to approve more cryptocurrency exchanges by the end of the year, according to CEO Julia Leung. Speaking to local outlet HK01 on October 6, Leung noted that 11 platforms seeking licenses have...
Cryptocoins News / Finance Magnates - 7 months ago
The US bankruptcy judge Jon Dorsey has approved the reorganization plan for FTX, paving the way for the defunct cryptocurrency exchange to repay billions of dollars to its creditors. The decision marks a significant update in the company's efforts to...
Cryptocoins News / Finance Magnates - 7 months ago
Institutional investors and wealth managers predict a surge in the launch of new digital asset funds within the coming year. They expect this trend to substantially transform the sector amid growing interest among traditional institutions. According...
Cryptocoins News / Finance Magnates - 7 months ago
The United Arab Emirates (UAE) exempted all crypto transactions from value-added tax (VAT), effectively treating cryptocurrencies similarly to traditional financial services. This action reportedly aims to clarify the regulatory status of the sector....
Cryptocoins News / Finance Magnates - 7 months ago
Coinbase will remove certain stablecoins from its platform in the European Economic Area (EEA) by the end of the year. The company made the announcement today (Friday), citing upcoming regulatory changes in the region.Stablecoins are digital assets d...
Cryptocoins News / Finance Magnates - 7 months ago
Crypto startup Lejilex and the United States Securities and Exchange Commission (SEC) are engaged in a legal battle over the classification of cryptocurrencies. Both parties have submitted competing briefs for summary judgment in a Texas federal cour...
Cryptocoins News / Finance Magnates - 7 months ago
Kraken has announced the launch of its new global derivatives venue in Bermuda. This initiative aims to provide clients with a licensed trading platform in a recognized jurisdiction.Bermuda Authority Approves Kraken VenueKraken's new venue allows cli...
Cryptocoins News / Finance Magnates - 7 months ago
The Securities and Exchange Commission (SEC) yesterday (Wednesday) formally moved to appeal a federal judge's decision in the regulator’s case against Ripple, which resulted in a $125 million fine.SEC Files “Notice of Appeal”The regulator filed a "no...
Cryptocoins News / Finance Magnates - 7 months ago
Marathon Digital Holdings, the largest publicly listed Bitcoin (BTC) miner on Wall Street (NASDAQ: MARA), has caught the attention of financial group Macquarie, which initiated coverage of the company's shares with an “Outperform” rating. Due to the...
Cryptocoins News / Finance Magnates - 7 months ago
The year 2024 has recorded unprecedented losses in the cybersecurity landscape. By the end of Q3, they reached $2.11 billion in total, surpassing all the losses from 2023, Cyvers' report shows.The year has witnessed a sharp increase in hacking incide...
Cryptocoins News / Finance Magnates - 7 months ago
After successfully listing Bitcoin and Ethereum exchange-traded funds (ETFs) on US exchanges, Bitwise is now moving towards creating an XRP ETF and has already registered a trust entity in the state of Delaware on Tuesday.An XRP ETF TrustThe newly re...
Cryptocoins News / Finance Magnates - 7 months ago
Blockchain network Ripple obtained approval from Dubai's regulators to launch its payment infrastructure across the UAE. The in-principle approval was awarded by the Dubai Financial Services Authority (DFSA). According to the company's announcement,...
Cryptocoins News / Finance Magnates - 7 months ago
Binance has recently registered as a Virtual Asset Service Provider with Argentina's National Securities Commission (CNV). This registration is a notable regulatory milestone for the company, marking its 20th such achievement globally. The approval a...
Cryptocoins News / Finance Magnates - 7 months ago
Robinhood Markets announced today (Tuesday) the launch of cryptocurrency transfers for its European customers, marking an important expansion of its services in the region.The new feature enables users to deposit and withdraw two dozen digital assets...
Cryptocoins News / Finance Magnates - 7 months ago
Binance introduced a pre-market spot trading feature to enable cryptocurrency investors to buy and sell tokens before their official market listing. The new service enables users to trade tokens generated from selected Launchpool projects ahead of th...
Cryptocoins News / Finance Magnates - 7 months ago
Binance introduced a pre-market spot trading feature to enable cryptocurrency investors to buy and sell tokens before their official market listing. The new service enables users to trade tokens generated from selected Launchpool projects ahead of th...
Cryptocoins News / Finance Magnates - 7 months ago
The US Court of Appeals for the Third Circuit raised concerns over the Securities and Exchange Commission's (SEC) denial of a rulemaking petition by Coinbase. The exchange, the largest in the US, has criticized the SEC for the lack of clear rules for...
Cryptocoins News / Finance Magnates - 7 months ago
In a landmark case, Olumide Osunkoya has pleaded guilty to operating an illegal network of cryptocurrency ATMs across the United Kingdom, marking the first conviction of its kind in the country. The 45-year-old London resident admitted to five offens...
Cryptocoins News / Finance Magnates - 7 months ago
Kazakhstan granted cryptocurrency exchange Bybit full license approval. Awarded by the Astana Financial Service Authority (AFSA), this approval strengthens the exchange's expansion in the region. It allows the company to offer a range of crypto servi...
Cryptocoins News / Finance Magnates - 7 months ago
The Canadian Securities Administrators (CSA) has updated stablecoin regulations for crypto asset trading platforms. The CSA has also extended the compliance deadline for registered firms to meet new conditions or propose alternatives to protect inves...
Cryptocoins News / Finance Magnates - 7 months ago
After Revolut, American zero-commission broker Robinhood is now considering launching stablecoins, Bloomberg reported. However, a Robinhood spokesperson said the company has “no imminent plans to launch this offering” without dismissing the report.Ro...
Cryptocoins News / Finance Magnates - 7 months ago
The US government charged two individuals with operating a multi-billion-dollar money laundering scheme. Law enforcement agencies disrupted the global cybercriminal operation and seized websites associated with illegal crypto exchange activities.The...
