Cryptocoins News / Finance Magnates - 1 year ago
The list of financial regulatory commissions claiming that Binance operates in their jurisdiction without official permission has expanded again. The Securities and Exchange Commission Philippines (SEC) recently issued a warning regarding the exchan...
Cryptocoins News / Finance Magnates - 1 year ago
The crypto custody and trading solutions company Copper, led by former British Chancellor Phillip Hammond, is expanding its services to include securities. This move aims to attract institutional investors by offering smart contracts and tokenized as...
Cryptocoins News / Finance Magnates - 1 year ago
Binance.US has made it clear that it is distinct from its parent company, stating that it operates independently and is not involved in the recent enforcement settlements against Binance and its Former CEO, Changpeng Zhao. The exchange has emphasized...
Cryptocoins News / Finance Magnates - 1 year ago
The landscape of cryptocurrency is evolving rapidly, with innovative networks like Tron gaining traction for their efficiency and cost-effectiveness. However, a concerning trend has emerged as these platforms become unwitting channels for illicit fin...
Cryptocoins News / Finance Magnates - 1 year ago
Dunamu has released its financial report for the third quarter, highlighting a significant downturn in its performance. The company's net profit for the quarter was KRW 29.5 billion, down 81.6% from the same period last year.The blockchain and fintec...
Cryptocoins News / Finance Magnates - 1 year ago
Hong Kong authorities reported that 145 users fell victim to a scam orchestrated by the unlicensed cryptocurrency exchange Hounax. It has resulted in a loss of 148 million HKD ($18.9 million), as reported by the local media outlet Shenzhen Commercial...
Cryptocoins News / Finance Magnates - 1 year ago
The future of the market structure for digital assets is undergoing a transformation propelled by innovation and regulation in Europe. Despite many challenges, the institutional crypto derivatives market is evolving in the region. A report released b...
Cryptocoins News / Finance Magnates - 1 year ago
In the ever-evolving landscape of digital finance, Robert F. Kennedy Jr.'s recent remarks have sparked discussions regarding the potential impact of central bank digital currencies (CBDCs) on individual financial autonomy and privacy.Bitcoin's Elegan...
Cryptocoins News / Finance Magnates - 1 year ago
Bybit, a cryptocurrency exchange, has announced growth in its trajectory by surpassing 20 million registered users. This highlights Bybit's stable presence in the cryptocurrency industry as it celebrates its 5th anniversary this December.Bybit Become...
Cryptocoins News / Finance Magnates - 1 year ago
In a move to assert greater control and oversight in the realm of cryptocurrency taxation, Spanish residents with crypto assets on non-Spanish platforms are mandated to declare them by March 31, 2024. The Spanish Tax Administration Agency, Agencia Tr...
Cryptocoins News / Finance Magnates - 1 year ago
A trading and custodial services platform, M2 has been officially launched today in the Abu Dhabi financial free zone, representing an advancement for the crypto infrastructure in the Middle East, according to the company. M2 Secures Regulatory Appro...
Cryptocoins News / Finance Magnates - 1 year ago
Binance's Former CEO, Changpeng Zhao (CZ), is embroiled in a contentious debate with the US Department of Justice (DOJ) following his guilty plea for violating anti-money laundering laws in the US. Although the DOJ is not advocating immediate incarc...
Cryptocoins News / Finance Magnates - 1 year ago
In recent years, the African continent has been at the forefront of a financial revolution marked by the exponential growth of mobile money. This growth has paved the way for a series of dynamic partnerships between Mobile Network Operators, cryptocu...
Cryptocoins News / Finance Magnates - 1 year ago
OKX has launched its cryptocurrency exchange and Web3 wallet in Brazil. This move aims to offer access to decentralized finance services and cryptocurrency trading to users in the country. OKX will provide access to hundreds of cryptocurrencies for t...
Cryptocoins News / Finance Magnates - 1 year ago
SBI Holdings, Inc. located in Tokyo has officially entered into a Memorandum of Understanding (MOU) with Circle Internet Financial, which has headquarters in Boston, Massachusetts. This collaboration aims to facilitate the circulation of USDC stablec...
Cryptocoins News / Finance Magnates - 1 year ago
In the ever-evolving realm of cryptocurrencies, nations are charting distinct courses that signal transformative shifts in fiscal and investment landscapes. Japan's Crypto Renaissance: A Web3 Powerhouse in the Making Recent developments in Japan unde...
Cryptocoins News / Finance Magnates - 1 year ago
Interactive Brokers Hong Kong has been licensed to facilitate retail crypto trading in Hong Kong. This move was confirmed on LinkedIn by David Friedland, the firm's Managing Director for Asia Pacific. It positions the brokerage firm as a key player i...
Cryptocoins News / Finance Magnates - 1 year ago
Tether and Bitfinex have withdrawn their opposition to a New York Freedom of Information Law (FOIL) request filed by Coindesk earlier this year. Nevertheless, they emphasize that transparency doesn't imply an unrestricted release of all documents. FO...
Cryptocoins News / Finance Magnates - 1 year ago
Bitvavo has secured pivotal regulatory approval from the French Autorité des Marchés Financiers (AMF), marking a significant milestone in its expansion in Europe. This approval allows the Dutch crypto exchange to extend its suite of crypto products a...
Cryptocoins News / Finance Magnates - 1 year ago
Today (Friday), a Montenegro court approved the extradition of cryptocurrency entrepreneur Do Kwon, leaving a minister to decide whether to hand him over to South Korea or the United States, both seeking his extradition. Extradition Decision: South K...
Cryptocoins News / Finance Magnates - 1 year ago
A recurring problem in crypto has been wallet hacks, with some incidents connected to large platforms, and some enormous sums of money being stolen in the form of crypto assets. Despite high profile cases, it remains to be seen how this problem will...
Cryptocoins News / Finance Magnates - 1 year ago
Grayscale has submitted an updated filing for its forthcoming spot Bitcoin Exchange-Traded Fund (ETF) to the U.S. Securities and Exchange Commission (SEC) on November 22. The filing is an amendment, a type often utilized by firms that have met report...
Cryptocoins News / Finance Magnates - 1 year ago
The latest data compiled by CryptoQuant has highlighted a notable movement in Bitcoin reserves between Binance and Coinbase. The report revealed a decrease of 5,000 BTC in Binance's reserves and an increase of around 12,000 BTC in Coinbase's holdings...
Cryptocoins News / Finance Magnates - 1 year ago
In a watershed moment for the cryptocurrency sector, Binance, the world's largest cryptocurrency exchange, finds itself grappling with an array of penalties that set new precedents in regulatory enforcement. The U.S. Department of Justice, in collabo...
Cryptocoins News / Finance Magnates - 1 year ago
It appears that once again, the Securities and Exchange Commission in the US has a major crypto exchange in its sights, as it has filed a lawsuit charging Kraken, the 10th biggest centralized crypto exchange by spot trading volume, with operating as...
