Cryptocoins News / Finance Magnates - 1 year ago
Because of their potential for large profits and decentralized nature, cryptocurrencies have attracted the attention of investors and enthusiasts all around the world. As the bitcoin ecosystem evolves, new financial services and platforms to harness...
Cryptocoins News / Finance Magnates - 1 year ago
Digital asset custodian BitGo has shelved its planned acquisition of one of its rivals Prime Trust, despite a preliminary agreement reached earlier in the month. The initial takeover agreement transpired amid speculation that Prime Trust was facing b...
Cryptocoins News / Finance Magnates - 1 year ago
Binance’s troubles with public authorities may be compounded in the coming days as Alfredo Gaspar, a Brazilian lawmaker, has requested that the country’s lower parliamentary house probe the cryptocurrency exchange over alleged connections to pyramid...
Cryptocoins News / Finance Magnates - 1 year ago
The fund management firm, Valkyrie Investments has filed for a Bitcoin spot exchange-traded fund (ETF) joining several companies that have submitted similar applications in the last week. The application was filed with the Securities and Exchange Com...
Cryptocoins News / Finance Magnates - 1 year ago
Ripple, a blockchain payments company, has cemented its Asia-Pacific presence with an In-Principle Approval of the Major Payments Institution License application from the Monetary Authority of Singapore (MAS). The approval was granted to the San Fran...
Cryptocoins News / Finance Magnates - 1 year ago
Binance, its US affiliates and the CEO, Changpeng Zhao have criticised a recent claim made by the US Securities and Exchange Commission (SEC) that they commingled or diverted assets belonging to customers of Binance.US. The parties on Wednesday (toda...
Cryptocoins News / Finance Magnates - 1 year ago
It might be imagined that the concept of a financial system that cannot be controlled by a central bank would be anathema to China’s ruling party, but decentralisation is not an uncommon feature of Chinese society.A paper published in the China Econo...
Cryptocoins News / Finance Magnates - 1 year ago
Binance, which obtained a permanent license in Kazakhstan in October last year, has launched a local trading platform in the Central Asian country. The new platform will offer users trading and custody of digital assets, deposit and withdrawal of fia...
Cryptocoins News / Finance Magnates - 1 year ago
Holders of the allowed debtor-in-possession (DIP) claims for the bankrupt Bitcoin miner Core Scientific will receive full and final satisfaction of their claims, the company said in a joint Chapter 11 plan filed yesterday (Tuesday).Filed before a ba...
Cryptocoins News / Finance Magnates - 1 year ago
We have seen a remarkable development in tokenization and digital assets in recent years, indicating a substantial shift in how ownership and investment opportunities are seen and accessed. Tokenization is the process of reflecting real-world assets...
Cryptocoins News / Finance Magnates - 1 year ago
Last week, BlackRock, the world's largest asset manager, filed an application to register a spot Bitcoin exchange-traded fund (ETF) in the United States, spurring two more major issuers to pursue similar financial instruments. Yesterday (Tuesday), bo...
Cryptocoins News / Finance Magnates - 1 year ago
Decentralized exchanges (DEXs) have emerged as a game changer in the world of cryptocurrency. DEXs, which are based on blockchain technology, provide a peer-to-peer trading experience that eliminates the need for intermediaries and centralized contro...
Cryptocoins News / Finance Magnates - 1 year ago
Gemini, a cryptocurrency exchange, has announced plans to expand its operations in the Asia-Pacific (APAC) region. The plans include increasing staff members in Singapore, which will serve as the regional hub, and launching an engineering base in Ind...
Cryptocoins News / Finance Magnates - 1 year ago
EDX Markets, a new digital asset marketplace, has announced the successful initiation of its trading operations, which is backed by a consortium of major financial institutions. Among the mentioned companies are several Wall Street giants, including...
Cryptocoins News / Finance Magnates - 1 year ago
Over the last decade, the world of cryptocurrencies has seen amazing development and innovation. Governments and regulatory bodies are attempting to build comprehensive frameworks to oversee the usage of digital assets as they gain popularity and gen...
Cryptocoins News / Finance Magnates - 1 year ago
Frankfurt-headquartered Deutsche Bank has applied for a digital asset license from Germany’s financial market regulator, BaFIN, according to a report by Bloomberg today (Tuesday). If approved, the license will allow the banking giant to offer custod...
Cryptocoins News / Finance Magnates - 1 year ago
The INX Digital Company (NEO: INXD), a New York-based digital asset broker-dealer partly owned and headed by the former CEO at Anyoption Shy Datika, has received an investment of $5.25 million at a valuation of $50 million from Republic, which also o...
Cryptocoins News / Finance Magnates - 1 year ago
The United Kingdom is getting closer to treating cryptocurrency as a regulated activity, with the promotion of digital assets being closely monitored. On Monday, lawmakers from Parliament’s upper chamber and the House of Lords ratified the Financial...
Cryptocoins News / Finance Magnates - 1 year ago
A court in Montenegro has sentenced Do Kwon, the Co-Founder of Terraform Labs, to four months in jail for possessing forged passports and travel documents. Han Chong-Joon, the former Chief Financial Officer at the Singapore-based blockchain company,...
Cryptocoins News / Finance Magnates - 1 year ago
The cryptocurrency exchange, Coinbase asked the federal court on Saturday to compel the Securities and Exchange Commission (SEC) to respond to a petition it filed last year. Coinbase petitioned the commission requesting clear rules for identifying wh...
Cryptocoins News / Finance Magnates - 1 year ago
Finery Markets, an OTC trading solutions provider for crypto businesses and institutions, has joined forces with Bequant, a crypto prime brokerage. Through the partnership, the service will cover over 150 crypto-to-crypto and fiat-to-crypto pairs.Beq...
Cryptocoins News / Finance Magnates - 1 year ago
The Securities and Exchange Commission (SEC) has reached a deal with Binance and Binance.US to circumvent the need for an asset freeze, limiting access to US customers' funds only to Binance.US employees. Additionally, the United States district cour...
Cryptocoins News / Finance Magnates - 1 year ago
The registration of Binance Markets Limited (BML), the UK subsidiary of the global crypto exchange, with the Financial Conduct Authority (FCA) has officially been withdrawn at the company's request. Now, none of the Binance entities is holding any op...
Cryptocoins News / Finance Magnates - 1 year ago
Binance’s local unit in France is being investigated by public prosecutors in Paris over the ‘illegal’ provision of crypto services before it was licensed in May last year, CoinDesk reported. The exchange is also being probed for ‘acts of aggravated...
Cryptocoins News / Finance Magnates - 1 year ago
Fraud has been a persistent problem in many industries, causing enormous financial losses for both corporations and individuals. The intricacy of fraudulent acts grows in lockstep with technological advancement. Blockchain technology, on the other ha...
