Cryptocoins News / Finance Magnates - 1 year ago
The Monetary Authority of Singapore (MAS) wants to discourage cryptocurrency speculation among retail customers, according to new regulations for Digital Payment Token (DPT) service providers in Singapore. These measures aim to address potential harm...
Cryptocoins News / Finance Magnates - 1 year ago
Latest data unveils a remarkable milestone in Bitcoin's journey, with a record-high percentage—70.35%—of the circulating supply remaining inactive for over a year, as reported by CoinDesk. This substantial figure, surpassing the previous peak in July...
Cryptocoins News / Finance Magnates - 1 year ago
In the wake of the recent crypto crackdown by U.S. authorities, the landscape of the cryptocurrency market, valued at around $1.4 trillion, is undergoing seismic shifts. As the dust settles on the conviction of Sam Bankman-Fried, former CEO of FTX cr...
Cryptocoins News / Finance Magnates - 1 year ago
The Enforcement Committee of the French& financial market regulator, the Autorité des Marchés Financiers (AMF), has issued a cautionary statement urging investors to exercise vigilance on a fraudulent automated trading service offered by Immediat...
Cryptocoins News / Finance Magnates - 1 year ago
The US federal prosecutors are seeking the court's permission to stop Changpeng Zhao, the Founder and former CEO of Binance, from leaving the country, citing an "unacceptable risk of flight." Zhao Pleads Guilty to a Criminal Charge Zhao pled guilty o...
Cryptocoins News / Finance Magnates - 1 year ago
In the pursuit of modernizing payment systems and future-proofing central banking in the digital age, central banks worldwide are exploring Central Bank Digital Currencies (CBDCs). CBDCs, as digital liabilities of central banks, hold the potential to...
Cryptocoins News / Finance Magnates - 1 year ago
In an unexpected move that could reshape the financial terrain, Joana Cotar, a member of the German Bundestag, has put forward the idea of recognizing Bitcoin as legal tender in Germany. This revelation, occurring amid a global surge in cryptocurrenc...
Cryptocoins News / Finance Magnates - 1 year ago
In a new twist to the ongoing saga between crypto lenders and exchanges, Genesis Global Capital, which filed for bankruptcy in January, has launched a lawsuit against the cryptocurrency exchange Gemini. The legal action seeks to recover a substantial...
Cryptocoins News / Finance Magnates - 1 year ago
Binance has agreed to enter into a historic corporate settlement by paying over $4.3 billion to settle charges brought by the US Department of Justice (DoJ). The crypto exchange will also remit an additional $2.85 billion to settle with the US commod...
Cryptocoins News / Finance Magnates - 1 year ago
Wintermute Asia Pte. Ltd, the digital asset derivatives trading arm of the Wintermute Group, an algorithmic trading firm in the digital assets space, has executed its first options block trade through CME Group. The BTC/USD block trade, facilitated b...
Cryptocoins News / Finance Magnates - 1 year ago
In a significant development, the Securities and Exchange Commission (SEC) has charged Payward Inc. and Payward Ventures Inc., collectively known as Kraken, for operating its crypto trading platform as an unregistered securities exchange, broker, dea...
Cryptocoins News / Finance Magnates - 1 year ago
The financial underpinnings of Hamas reveal a nuanced strategy involving global transactions and the exploitation of cryptocurrency. With an estimated annual income exceeding $1 billion, Hamas relies on physical force, ideological influence, and a di...
Cryptocoins News / Finance Magnates - 1 year ago
Another cryptocurrency exchange has just announced that it is disappearing from the market. Bittrex Global, originating from Liechtenstein, will suspend trading and operations in US dollars from the beginning of next month. This occurred after& t...
Cryptocoins News / Finance Magnates - 1 year ago
The US Justice Department is seeking over $4 billion from Binance Holdings as a part of a proposed resolution of an ongoing investigation against the crypto exchange for over a year, Bloomberg News reported. However, there is no official confirmation...
Cryptocoins News / Finance Magnates - 1 year ago
The Securities and Exchange Commission (SEC) charged crypto exchange Kraken yesterday (Monday) for illegally operating an unregistered securities exchange, broker, dealer, and clearing agency. Further, the exchange has been blamed for the comingling...
Cryptocoins News / Finance Magnates - 1 year ago
The renowned crypto-focused media publication CoinDesk has been acquired by Bullish, a company owned by the New York Stock Exchange's Former President, Tom Farley.According to a report by the Wall Street Journal, CoinDesk will operate as an autonomou...
Cryptocoins News / Finance Magnates - 1 year ago
In a recent speech in Venice, Andrea Enria, Chair of the Supervisory Board of the European Central Bank (ECB), delved into the complex realm of cryptocurrency regulation, focusing on the Markets in Crypto-Assets Regulation (MiCAR). MiCAR, operational...
Cryptocoins News / Finance Magnates - 1 year ago
Argentina has recently witnessed a seismic political shift with the election of Javier Milei as its new president. Beyond the political dynamics, this change is accompanied by a notable surge in Bitcoin's value, signaling a broader societal interest...
Cryptocoins News / Finance Magnates - 1 year ago
During the peak of the last crypto bull run, as BTC was, in 2021, approaching its $69,000 all-time high, there was, along with plenty of liquidity, and animal spirits running rampant, a prominent driver for the bullish narrative: the belief that the...
Cryptocoins News / Finance Magnates - 1 year ago
GC Exchange FZE (GCEX), a part of the broader GCEX Group, has bolstered its presence in the Middle East by securing an operational virtual asset service provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). Announced today (...
Cryptocoins News / Finance Magnates - 1 year ago
The High Court of Montenegro has denied Terraform Labs Founder's appeal, Do Kwon, upholding his four-month prison sentence for falsifying documents. This decision intensifies Kwon's plight as he faces potential extradition following the completion of...
Cryptocoins News / Finance Magnates - 1 year ago
In the dynamic realm of cryptocurrency, the absence of a unified regulatory framework among nations has become a defining challenge, giving rise to concerns about a potential Cryptosplinternet. We delve into the intricacies of this issue to shed ligh...
Cryptocoins News / Finance Magnates - 1 year ago
A fraudulent investment offer in crypto assets is at the center of a warning issued by the Financial Markets Authority (FMA) and the Paris Prosecutor's Office. The French authorities said that this platform, dubbed Immediate Connect, is using the int...
Cryptocoins News / Finance Magnates - 1 year ago
South Korea's National Pension Service (NPS) has taken a noteworthy leap into the world of cryptocurrencies, as per a recent regulatory filing with the US Securities and Exchange Commission (SEC). The NPS ventured into the crypto market in the third...
Cryptocoins News / Finance Magnates - 1 year ago
In the dynamic realm of financial technologies, tokenization stands at a pivotal juncture, grappling with challenges that could redefine the industry's landscape. However, amidst these hurdles, a transformative potential emerges — the strategic devel...
