Cryptocoins News / Finance Magnates - 7 hours ago
Kraken has officially launched its services across all 30 countries in the European Economic Area under its Markets in Crypto-Assets Regulation license. It allows Kraken to offer crypto services to millions of customers across Europe within a unified...
Cryptocoins News / Finance Magnates - 1 day ago
Paxos has filed a new application with the U.S. Office of the Comptroller of the Currency to secure a national trust charter, seeking to replace its New York state license with federal oversight. The move comes shortly after Circle and Ripple submitt...
Cryptocoins News / Finance Magnates - 1 day ago
Michael Saylor’s Bitcoin accumulation strategy reached its five-year mark on Monday, with Strategy announcing a fresh purchase of 155 BTC for $18 million. The buy brings the company’s total holdings to 628,946 BTC, valued at nearly $76 billion, or ab...
Cryptocoins News / Finance Magnates - 4 days ago
The Melania Trump meme coin crash highlights the dangers of "pump and dump" schemes in the crypto world.A Meme Coin's Meteoric Rise... and FallIt was supposed to be a big deal: Melania Trump's meme coin (site), launched with the promise of transformi...
Cryptocoins News / Finance Magnates - 5 days ago
The New York Department of Financial Services announced a $48.5 million settlement with Paxos, a crypto infrastructure company. The settlement concerns Paxos' partnership with Binance and alleged shortcomings in its anti-money laundering controls.In...
Cryptocoins News / Finance Magnates - 5 days ago
Ripple has agreed to acquire Rail, a stablecoin-focused global payments platform, for $200 million. The deal, announced this week, is expected to close in the fourth quarter of 2025, pending regulatory approvals. It marks Ripple’s latest move to expa...
Cryptocoins News / Finance Magnates - 5 days ago
The United Arab Emirates has formalized a cooperation agreement between its two main crypto regulators. The Securities and Commodities Authority and the Dubai Virtual Assets Regulatory Authority have agreed to unify the country’s approach to virtual...
Cryptocoins News / Finance Magnates - 6 days ago
Interest in tokenized stocks surged sharply in July, with TSLA and SPY reaching $53.6 million in market cap – up 220% since June, Binance highlighted in its latest report.On-chain addresses linked to these assets grew from just 1,600 to over 90,000 i...
Cryptocoins News / Finance Magnates - 6 days ago
Bybit CEO and co-founder Ben Zhou recently delivered a live-streamed keynote on social media platform X. Zhou confirmed that Bybit is applying for a MiFID II license in the European Union. This would allow the crypto exchange to offer regulated deriv...
Cryptocoins News / Finance Magnates - 1 week ago
Liquid staking just got approved by the U.S. Securities and Exchange Commission. In a staff statement released Tuesday, the agency clarified that this type of staking does not require securities law disclosures, offering the industry a degree of lega...
Cryptocoins News / Finance Magnates - 1 week ago
Since Bitcoin launched, crypto scams have grown more frequent and complex. They now go beyond basic phishing or giveaways, involving even well-known companies in fraud like rug pulls. UPay reviewed 236 major crypto scam cases, revealing losses exceed...
Cryptocoins News / Finance Magnates - 1 week ago
The US Commodity Futures Trading Commission (CFTC) is set to launch an initiative to allow trading of “spot crypto asset contracts” on registered futures exchanges in the country, the regulator announced yesterday (Monday).Aligning with Working Group...
Cryptocoins News / Finance Magnates - 1 week ago
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a notice urging financial institutions to monitor suspicious transactions involving convertible virtual currency (CVC) kiosks. This follows a rise in scams and other illicit...
Cryptocoins News / Finance Magnates - 1 week ago
Crypto firm Bullish plans IPO that could raise up to $629 million, joining a growing list of blockchain companies seeking capital as regulatory sentiment shifts in their favor, Coindesk reported.The company has filed to list 20.3 million shares on th...
Cryptocoins News / Finance Magnates - 1 week ago
Cryptocurrency exchange MEXC has added five new pairs to its Stock Futures product, offering more access to tokenized U.S. equity exposure through its crypto-settled derivatives platform.MEXC on Friday announced the expansion of its Stock Futures off...
Cryptocoins News / Finance Magnates - 1 week ago
The Financial Conduct Authority will lift its ban on retail access to cryptoasset-backed exchange traded notes on 8 October this year. This follows a consultation that began in June.Retail investors will be able to access cETNs if they are listed on...
Cryptocoins News / Finance Magnates - 1 week ago
Coinbase plans to add tokenised real-world assets, stocks, derivatives, prediction markets, and early-stage token sales to its platform in the coming months, aiming to position itself as an “everything exchange.”Making of a US Super App?As reported b...
Cryptocoins News / Finance Magnates - 1 week ago
Phoenix Group, the first UAE-listed Bitcoin (BTC) mining company (ADX: PHX), posted a 43% decline in quarterly revenue compared to last year and reported a $29.2 million net loss, even as it expanded its digital asset holdings and maintained profitab...
Cryptocoins News / Finance Magnates - 1 week ago
In a recent discussion with Finance Magnates’ Jeff Patterson, Constantinos Michailides, Founder and CEO of DGM Tech Solutions, outlined how artificial intelligence, blockchain, and outsourcing are affecting the industry. The conversation took place a...
Cryptocoins News / Finance Magnates - 1 week ago
JPMorgan Chase will allow customers to use its credit cards to purchase cryptocurrency on Coinbase, following a new partnership between the two firms announced Wednesday.The rollout will begin in fall 2025, enabling Chase cardholders to fund their Co...
Cryptocoins News / Finance Magnates - 1 week ago
Cryptocurrency exchange Kraken is pursuing $500 million in fresh funding at a $15 billion valuation, people familiar with the matter told The Information, marking a significant step up from its previous $11 billion price tag in 2022.Kraken Is Buildin...
Cryptocoins News / Finance Magnates - 2 weeks ago
The U.S. Securities and Exchange Commission on Monday approved new rules allowing authorized participants to create and redeem shares of crypto exchange-traded products (ETPs) using in-kind transfers of bitcoin and ether. The decision departs from th...
Cryptocoins News / Finance Magnates - 2 weeks ago
The Australian financial market regulator has warned against the cryptocurrency exchange Bitget, which has been offering “unlicensed” futures products with 125:1 leverage. The exchange does not hold the proper local licence to offer crypto derivative...
Cryptocoins News / Finance Magnates - 2 weeks ago
Revolut has reinstated its crypto staking services for customers in Hungary following a temporary suspension triggered by new government regulations, Coindesk reported.The digital bank halted most of its cryptocurrency features in Hungary earlier thi...
Cryptocoins News / Finance Magnates - 2 weeks ago
Bybit has entered a strategic partnership with Tether to promote cryptocurrency adoption in Brazil. Bybit ranks second in global cryptocurrency trading volume. Tether is the issuer of USDT, the most widely used stablecoin globally.Plans for Crypto in...
