Cryptocoins News / Finance Magnates - 2 years ago
FTX and its debtors announced on Tuesday the sale of its crypto derivatives exchange subsidiary LedgerX to M7 Holdings, an affiliate of Miami International Holdings (MIH), for a total consideration of about $50 million. FTX Offloads LedgerX to Miami...
Cryptocoins News / Finance Magnates - 2 years ago
Binance.US, the American arm of the largest global crypto exchange, has backed out of the $1 billion deal to purchase digital assets from the bankrupt crypto brokerage, Voyager Digital. The decision came within a week of US federal regulators droppin...
Cryptocoins News / Finance Magnates - 2 years ago
Coinbase has filed a suit against the Securities and Exchange Commission (SEC) for failing to respond to its July 2022 petition that asked the US securities watchdog to provide guidance for the cryptocurrency industry using its formal rulemaking proc...
Cryptocoins News / Finance Magnates - 2 years ago
The UK cryptocurrency market is not only one of the largest in the world, but also the fastest growing. According to data presented by Statista, it is expected to be worth $1.89 billion in 2023, rebounding more than 125% from cyclical lows that the b...
Cryptocoins News / Finance Magnates - 2 years ago
Binance, the largest cryptocurrency by trading volume, has quietly lifted its service restrictions for Russian users that were implemented last year following the breakout of the Russia-Ukraine war. Is Binance Going against the EU? According to a rep...
Cryptocoins News / Finance Magnates - 2 years ago
Gemini, the cryptocurrency exchange founded and operated by the Winklevoss twins, has announced the launch of a non-US crypto derivatives platform dubbed Gemini Foundation. In response to regulatory pressure in the United States, another platform has...
Cryptocoins News / Finance Magnates - 2 years ago
It all started with Taproot, the most ambitious upgrade in Bitcoin's history that went live in November 2021, the first major upgrade since the Segregated Witness (SegWit) update in 2017.The Taproot upgrade significantly improved the efficiency, scal...
Cryptocoins News / Finance Magnates - 2 years ago
Crypto has endured constant sniping and attacks through the years, denigrated, at times, as nothing more than a scam, a Ponzi scheme, or a shady conduit by which criminals can channel illicit funds. Is the crypto industry, in fact, a fraudulent enter...
Cryptocoins News / Finance Magnates - 2 years ago
European Union (EU) lawmakers have voted in favour of the Markets in Crypto-Assets (MiCA) regulation, making Europe the first major jurisdiction to introduce a comprehensive law to regulate the emerging digital assets industry. On Thursday, the Europ...
Cryptocoins News / Finance Magnates - 2 years ago
The Financial Services and Markets Authority (FSMA), Belgium’s financial markets watchdog, starting May 17, 2023, will begin enforcing a new regulation aimed at monitoring advertisements (ads) targeted at consumers in Belgium. This comes after the re...
Cryptocoins News / Finance Magnates - 2 years ago
The recent rise in popularity of non-fungible tokens (NFTs) has opened up a new world of digital art and collectibles investing. NFTs are one-of-a-kind digital assets that are maintained on a blockchain and serve as proof of ownership and validity. T...
Cryptocoins News / Finance Magnates - 2 years ago
Crypto derivatives and copy trading platform, Bitget, has successfully secured its registration in Lithuania, allowing the company to provide crypto-related services in the region in accordance with local regulations.Bitget Joins Lithuanian Booming C...
Cryptocoins News / Finance Magnates - 2 years ago
Ouinex, a crypto exchange under development led by the FX industry veteran Ilies Larbi, has announced a strategic partnership with GDA International, a Web3 investing and capital markets advisory firm supporting early-stage digital asset projects. Th...
Cryptocoins News / Finance Magnates - 2 years ago
American crypto exchange Coinbase has expanded in international presence by obtaining a new regulatory license from Bermuda Monetary Authority (BMA), an official blog post revealed on Wednesday. New Upcoming Coinbase Derivatives Exchange? The Class F...
Cryptocoins News / Finance Magnates - 2 years ago
The Securities and Commodities Authority (SCA), which oversees financial markets in the United Arab Emirates (UAE), announced this week that it has begun accepting license applications for cryptocurrency services. This follows the approval of regulat...
Cryptocoins News / Finance Magnates - 2 years ago
Luna, a Digital Currency Group-owned cryptocurrency exchange, is winding down its operations in Singapore. On Monday, the London-based exchange said it will stop offering its services in the Southeast Asian country starting from June 20, 2023. Luno’s...
Cryptocoins News / Finance Magnates - 2 years ago
Blockchain-based remittance services are a rapidly growing sector of the fintech industry, providing a new and innovative way to transmit money across borders swiftly, securely, and affordably. We will look at the possibilities of blockchain-based re...
Cryptocoins News / Finance Magnates - 2 years ago
The news of the tie-in of Twitter and eToro has made a splash in the tech space, indicating Musk's ambitions to create the "everything app". In the retail trading industry, many were curious about the nuts and bolts of the deal, which can be meaningf...
Cryptocoins News / Finance Magnates - 2 years ago
Israel’s apex monetary authority, the Bank of Israel, has listed several conditions that can speed up its decision to launch the digital shekel (SHAKED), the country’s central bank digital currency (CBDC). Issuance of CBDCs by other developed countri...
Cryptocoins News / Finance Magnates - 2 years ago
Central bank digital currencies (CBDCs) have sparked debate among governments and financial institutions all over the world. These digital currencies are supposed to act as the digital equivalent of cash and are created and supported by central banks...
Cryptocoins News / Finance Magnates - 2 years ago
Crypto derivatives and copy trading platform, Bitget has announced a strategic partnership with Core DAO, an organization focused on developing the Satoshi Plus ecosystem. The collaboration will see the establishment of a $200 million ecosystem fund...
Cryptocoins News / Finance Magnates - 2 years ago
Bybit, the crypto exchange with over 15 million users worldwide, has announced the opening of its global headquarters in Dubai. The move follows an increase of 50% in the platform's client base and aims to strengthen Bybit's foothold in the Middle Ea...
Cryptocoins News / Finance Magnates - 2 years ago
Ether (ETH), the native cryptocurrency of Ethereum, a decentralized blockchain with smart contract functionality, attracted only US$0.3 million in digital asset investment product inflow last week despite the Shapella Upgrade last Wednesday. Addition...
Cryptocoins News / Finance Magnates - 2 years ago
The US securities regulator has charged cryptocurrency exchange Bittrex and William Shihara, its Founder and former CEO, for operating as a national securities exchange, broker and clearing agency without registration. According to US Securities and...
Cryptocoins News / Finance Magnates - 2 years ago
South Korea's cryptocurrency industry is bracing for an impending shakeup as policymakers set their sights on regulation. The government's primary objective is to safeguard investors by stamping out any fraudulent activities that may be l...
