Cryptocoins News / Finance Magnates - 1 year ago
Paxos, a regulated blockchain and tokenization infrastructure platform, has announced a strategic move to broaden its stablecoin issuance to the Solana blockchain platform. Previously exclusive to Ethereum, this expansion marks a milestone for Paxos'...
Cryptocoins News / Finance Magnates - 1 year ago
Bitget Wallet, a Web3 trading wallet, has unveiled a plan focusing on product research, development, and increased investments. This initiative aims to provide users with enhanced trading options and an improved overall asset management experience wi...
Cryptocoins News / Finance Magnates - 1 year ago
To address economic challenges, Argentina's new government, led by President Javier Milei, has officially legalized the use of Bitcoin and other cryptocurrencies for contract settlements and payments. This announcement was made by Diana Mondino, the...
Cryptocoins News / Finance Magnates - 1 year ago
France is becoming a favorite for crypto firms as Coinbase becomes the latest to obtain a visual asset service provider (VASP) registration in the country. With this, the American exchange can offer its “full suite of retail, institutional, and ecosy...
Cryptocoins News / Finance Magnates - 1 year ago
Circle, the global financial technology firm and issuer of USDC and EURC, has announced the attainment of a conditional registration as a Digital Asset Service Provider (DASP) with the French Financial Markets Authority. Alongside this achievement, t...
Cryptocoins News / Finance Magnates - 1 year ago
A court has frozen up to $1.14 billion in assets belonging to the founders of Three Arrows Capital (3AC), a now-defunct cryptocurrency hedge fund. The order prevents Su Zhu, Kyle Davies, and Davies' wife, Kelly Chen, from transferring or selling thes...
Cryptocoins News / Finance Magnates - 1 year ago
The legal tussle surrounding Sam Bankman-Fried (SBF), the Former CEO of FTX, intensified after a federal judge denied his defense team's plea for an extended sentencing process. This decision occurred amid a looming second trial following SBF's recen...
Cryptocoins News / Finance Magnates - 1 year ago
Bitfinex Securities Ltd. has raised $5.2 million worth of USDT through its tokenized bond ALT2612. This fundraising was facilitated by ALTERNATIVE, a Luxembourg-based securitization fund managed by the microfinancing company Mikro Kapital, the compan...
Cryptocoins News / Finance Magnates - 1 year ago
As we step into 2024, the journey of Central Bank Digital Currencies (CBDCs) unfolds with intriguing developments, reshaping the economic identity of nations. Two recent reports shed light on the divergent paths taken by central banks, emphasizing th...
Cryptocoins News / Finance Magnates - 1 year ago
The Central Bank of Ireland has officially recognized Ripple, the company behind the cryptocurrency XRP, by including its Irish subsidiary, Ripple Markets Ireland Limited, in the list of registered Virtual Asset Service Providers (VASP).Ireland Embra...
Cryptocoins News / Finance Magnates - 1 year ago
Only a couple of days after reports emerged about Revolut limiting its crypto services in the UK, the fintech firm has launched crypto trading services in New Zealand. These services will be available to customers in the country starting today (Wedne...
Cryptocoins News / Finance Magnates - 1 year ago
FTX has entered into a settlement with the liquidators of its unit in the Bahamas. This agreement involves the consolidation of assets and adopting a unified approach to valuing customers’ claims.According to a statement shared with PR Newswire, this...
Cryptocoins News / Finance Magnates - 1 year ago
Coinbase Derivatives Exchange, a futures exchange licensed by the U.S. Commodity Futures Trading Commission , has announced the availability of its crypto futures products on the Trading Technologies International, Inc. (TT) platform. Trading Technol...
Cryptocoins News / Finance Magnates - 1 year ago
The Court of Appeal of Montenegro has overturned a decision allowing for the extradition of Do Kwon, the Former CEO of Terraform Labs, to either the United States or South Korea. Instead, Kwon's defense has successfully appealed this matter based on...
Cryptocoins News / Finance Magnates - 1 year ago
The latest reports of Revolut limiting its crypto offerings to UK businesses raised many questions about Britain’s plan to embrace the digital currency industry. Meanwhile, with its incoming Markets in Crypto-Assets (MiCA) Regulation, the neighborin...
Cryptocoins News / Finance Magnates - 1 year ago
Changer.ae Ltd, a crypto custodian service, has officially unveiled its platform, offering individuals worldwide a solution for managing their digital assets. The platform, regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi...
Cryptocoins News / Finance Magnates - 1 year ago
A United States court yesterday (Monday) entered an order against Binance and its former CEO, Changpeng Zhao, approving the massive settlement against the charges brought by the Commodity Futures Trading Commission (CFTC).“In formalizing the settleme...
Cryptocoins News / Finance Magnates - 1 year ago
Revolut will temporarily halt certain cryptocurrency services for its business customers in the UK. This step is a response to upcoming regulatory changes by the Financial Conduct Authority (FCA). According to a report by City A.M., the fintech firm...
Cryptocoins News / Finance Magnates - 1 year ago
In a groundbreaking move that could reshape the landscape of cross-border payments, Japan's global payment giant, JCB, has joined forces with identity technology firm IDEMIA and Malaysian fintech company Soft Space to launch the second phase of the J...
Cryptocoins News / Finance Magnates - 1 year ago
The crypto exchange platform OKX launched OKX Futures on December 15, 2023. This move, aimed at refining its derivatives trading platform, promised to streamline the exchange's offerings.OKX's overhaul introduced two essential changes: Perpetual Futu...
Cryptocoins News / Finance Magnates - 1 year ago
In a study conducted by the crypto tax software CoinLedger, the landscape of cryptocurrency payments has been unveiled, shedding light on the sectors that have embraced digital currencies as a viable method of transaction. With more than 300 major co...
Cryptocoins News / Finance Magnates - 1 year ago
The bankruptcy estate of FTX Trading Ltd, led by the CEO, John Ray III, and the lawyers of Sullivan & Cromwell, has submitted an amended reorganization plan for the distribution claims of the customers and creditors.FTX Moves to End Its Bankruptc...
Cryptocoins News / Finance Magnates - 1 year ago
The US Securities and Exchange Commission (SEC) has denied Coinbase Global's petition for the establishment of new rules governing the digital asset industry. Coinbase, a major crypto exchange, had sought tailored regulations for the crypto sector, a...
Cryptocoins News / Finance Magnates - 1 year ago
The Chief Executive Officer of OpenAI, Sam Altman, has highlighted his plans for Worldcoin, a cryptocurrency venture that aims to establish a worldwide identity and a financial network. This project, created by Tools For Humanity, has gained signific...
Cryptocoins News / Finance Magnates - 1 year ago
The Governor of the Bank of Korea, Rhee Chang-yong, emphasized the "urgency" for central banks to consider the introduction of central bank digital currencies (CBDC) in response to the challenges posed by stablecoins. Stablecoins like tether (USDT) a...
