Cryptocoins News / Finance Magnates - 1 year ago
The French financial services giant, Societe Generale has
been awarded a license to offer cryptocurrency services in France, becoming the
first company to receive this licence of approval in the country.The license was granted
to SG Forge, the digita...
Cryptocoins News / Finance Magnates - 1 year ago
The investments in Bitcoin
exchange-traded products (ETPs) have increased in the past month due to the
recent wave of applications by asset management companies to list spot Bitcoin
exchange-traded funds (ETFs).According to a report by
the data ana...
Cryptocoins News / Finance Magnates - 1 year ago
The Australian Securities and Exchange Commission (ASIC) today (Wednesday) announced the cancellation of the Australian financial services (AFS) license held by FTX Australia Pty Ltd (FTX Australia), effective from 14 July.
FTX Australia Has Lost Its...
Cryptocoins News / Finance Magnates - 1 year ago
The intergovernmental
forum, Group of
Twenty (G20) welcomes the call made by the Financial Stability Board (FSB) for
tougher rules to guide the global cryptocurrency industry, Nirmala Sitharaman, the Finance Minister of India, said during a press con...
Cryptocoins News / Finance Magnates - 1 year ago
Social media
has evolved into a potent tool for information diffusion and impact. Social
media influencers have a crucial role in creating trends and market sentiment
in the world of cryptocurrency. With their big online followings and
interesting co...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrencies
have attracted the attention of several sectors globally, not simply the
financial industry. One area where cryptocurrencies are making a huge impact is
in sponsorship negotiations. As more businesses and organizations adopt
cryptocu...
Cryptocoins News / Finance Magnates - 1 year ago
Faruk Fatih
Özer, the fugitive Founder of the defunct Turkish cryptocurrency exchange, Thodex
who was extradited to Turkey earlier in April, has been sentenced to seven
months and 15 days in prison. The local outlet, Hürriyet Daily News reported
toda...
Cryptocoins News / Finance Magnates - 1 year ago
In recent
years, cryptocurrency mining, or the process of confirming transactions and
adding them to the blockchain, has received a lot of attention. While it has
transformed the digital money market, there are questions about its
environmental impac...
Cryptocoins News / Finance Magnates - 1 year ago
Financial
inclusion, or access to affordable and dependable financial services, is an
important aspect in encouraging economic growth and alleviating poverty around
the world. Unfortunately, a sizable segment of the world's population is still
unbank...
Cryptocoins News / Finance Magnates - 1 year ago
Artificial
intelligence (AI) may play a key role in a future financial crisis, Gary Gensler,
the Chair of the US Securities and Exchange Commission (SEC) said. Gensler
pointed out that recent advancements in AI could be harmful to the global economy...
Cryptocoins News / Finance Magnates - 1 year ago
With the
introduction of cryptocurrencies and blockchain technology in recent years, the
gaming industry has seen substantial disruption. Because of this confluence, a
new phenomenon known as crypto gaming has emerged, which mixes the fascinating
wor...
Cryptocoins News / Finance Magnates - 1 year ago
Crypto
sponsorships have grown in popularity in recent years as a popular way for
brands to engage with the cryptocurrency community and benefit on the growing
interest in digital assets. However, this new kind of sponsorship has distinct
regulatory...
Cryptocoins News / Finance Magnates - 1 year ago
The US Securities and Exchange Commission (SEC) has
sought public opinion about spot Bitcoin exchange-traded fund (ETF) applications
recently filed by asset management companies. The submission of the applications for public opinion
marks the initi...
Cryptocoins News / Finance Magnates - 1 year ago
Supply chains
are crucial to the global economy because they ensure the efficient movement of
commodities from manufacturers to consumers. Traditional supply chains, on the
other hand, are frequently plagued by inefficiencies, a lack of transparency,...
Cryptocoins News / Finance Magnates - 1 year ago
National
Australia Bank (NAB) has actively taken measures to safeguard its customers
from financial scams, recently intervening in transactions worth over $270
million. This move comes as a response to the rising scam concerns between
March and July....
Cryptocoins News / Finance Magnates - 1 year ago
An intriguing
trend has emerged in the cryptocurrency world: sportsmen becoming crypto
ambassadors. These sports influencers have used their large following and
global reach to promote and endorse numerous cryptocurrencies and blockchain
initiatives....
Cryptocoins News / Finance Magnates - 1 year ago
Ripple has expressed optimism that banks and financial
institutions in the US will start using its cryptocurrency, XRP following the
court ruling in the case between the blockchain company and the Securities and
Exchange Commission (SEC).Last week,...
Cryptocoins News / Finance Magnates - 1 year ago
The
Financial Stability Board (FSB) has issued a global regulatory framework for
crypto-asset activities. This move is aimed at bolstering the comprehensiveness
and international uniformity of crypto regulatory and supervisory approaches. The
move co...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrencies
have made huge inroads into the sponsorship industry, altering payment systems
and introducing tokenization to the sports, entertainment, and gaming
industries. As cryptocurrencies acquire widespread adoption, an increasing
number of...
Cryptocoins News / Finance Magnates - 1 year ago
Binance reportedly has made over 1,000 employees redundant in recent weeks, further shrinking its previous 8,000-strong global workforce. The Wall
Street Journal (WSJ) reported the massive cut in employment today (Friday), citing an
insider source. B...
Cryptocoins News / Finance Magnates - 1 year ago
Alex
Mashinsky, the Founder of the bankrupt cryptocurrency lender, Celsius Network, has
pleaded not guilty to fraud charges imposed on him by the US Department of
Justice (DOJ). Mashinsky
was arrested yesterday (Thursday) in New York after the
DOJ an...
Cryptocoins News / Finance Magnates - 1 year ago
The Argentinian financial markets regulator, the National
Securities Commission (CNV), has approved the first Bitcoin-based futures
contract, which gives investors exposure to the top cryptocurrency. It marks
the first time the regulator is approvi...
Cryptocoins News / Finance Magnates - 1 year ago
Central Bank
Digital Currencies (CBDCs) have emerged as a key breakthrough in the financial
environment, having the potential to transform our perception of and
interaction with money. CBDCs are central bank-issued and controlled digital
representati...
Cryptocoins News / Finance Magnates - 1 year ago
Crypto has
attracted substantial interest, penetrating a variety of industries, including
sports. Cryptocurrencies are making inroads into the world of sports, from
sponsorship deals to ticket sales and fan interaction. This article
investigates the...
Cryptocoins News / Finance Magnates - 1 year ago
The US District Court in the Southern District of New York made a landmark judgment for the cryptocurrency industry yesterday (Thursday). After a lengthy legal battle, Judge Analisa Torres ruled partially in favor of Ripple Labs, saying XRP is not a...