Cryptocoins News / Finance Magnates - 1 year ago
In a landmark judgment yesterday (Thursday), a US court ruled that XRP's token sale to retail investors on public exchanges did not violate the securities law. However, the token sale to sophisticated investors did violate federal securities law.Ripp...
Cryptocoins News / Finance Magnates - 1 year ago
With the introduction of decentralized finance, also known as DeFi, the world of money has undergone a paradigm shift. This new notion is upending existing financial systems by giving individuals greater control over their assets and upsetting the ba...
Cryptocoins News / Finance Magnates - 1 year ago
Coinbase and the US Securities and Exchange Commission (SEC) had their first face-off today (Thursday) following the securities regulator’s charges against the cryptocurrency exchange in early June. During the pre-motion hearing, both parties argued...
Cryptocoins News / Finance Magnates - 1 year ago
Alexander Mashinsky, the Founder of the bankrupt cryptocurrency lender, Celsius Network was arrested today (Thursday) in New York. The arrest was made as the United States Department of Justice (DOJ) and several regulators imposed multiple lawsuits a...
Cryptocoins News / Finance Magnates - 1 year ago
FTX's bankruptcy lawyers have sought court orders to recover $323 million paid to the leadership of FTX Europe, a subsidiary of the now-bankrupt cryptocurrency exchange. The amount is believed to be part of a larger sum of money allegedly misappropri...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrencies have not only transformed the financial world, but they have also had a big impact on a variety of industries, including sports, entertainment, and gaming. Sponsorships are one area where cryptocurrencies have had a significant impac...
Cryptocoins News / Finance Magnates - 1 year ago
The world of social trading has been evolving for more than a decade and is dominated by several major players. BitMEX, a major crypto derivatives exchange, wants to change this balance of power and has unveiled a novel approach to social trading nam...
Cryptocoins News / Finance Magnates - 1 year ago
Circle, the company behind the stablecoin USD Coin (USDC), has announced that it is reducing staff and cutting investments in non-core business activities. At the same time, the company is reportedly identifying new investment opportunities and hirin...
Cryptocoins News / Finance Magnates - 1 year ago
After Hong Kong introduced the new virtual asset service providers (VASPs) regime, many companies have decided to enter the local market in a bid to exploit its potential. OKX was one of them, introducing a version of the mobile app aimed at customer...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrencies have emerged as a disruptive force in the financial system, with an impact far beyond traditional banking and investment. Sponsorships and fan groups are two areas where cryptocurrencies are having a huge impact. Businesses are exper...
Cryptocoins News / Finance Magnates - 1 year ago
A US court has ordered Adam Todd to pay approximately $15.6 million for operating an unregistered crypto exchange, Digitex Futures. The amount includes $11.7 million in civil monetary penalty and $3.9 million as the return of illicit profit. Court S...
Cryptocoins News / Finance Magnates - 1 year ago
Blockchain technology has received a lot of attention in recent years, and its implications go beyond cryptocurrencies. Regulatory technology (Regtech) is one area where blockchain is reshaping the landscape. Regtech is the use of technology to simpl...
Cryptocoins News / Finance Magnates - 1 year ago
The European Union's banking regulator urged stablecoin issuers to adopt the Markets in Crypto Assets (MiCA) regulations, which the EU adopted in April. Specifically, the regulator has cited the provisions related to the permanent right of redemption...
Cryptocoins News / Finance Magnates - 1 year ago
Stablecoins, a sort of cryptocurrency meant to maintain a stable value, have received a lot of interest because of its potential to revolutionize financial institutions all around the world. Stablecoins offer a possible alternative in places where tr...
Cryptocoins News / Finance Magnates - 1 year ago
Companies holding or trading cryptocurrencies in South Korea will be required to disclose information about their transactions to the financial regulator, according to the draft rules released by the country's Financial Services Commission (FSC) yest...
Cryptocoins News / Finance Magnates - 1 year ago
The European Securities and Markets Authority (ESMA) is curious what the cryptocurrency industry thinks about the recently introduced Markets in Crypto-Assets Regulation (MiCA). Accordingly, it has published its inaugural consultation package and pla...
Cryptocoins News / Finance Magnates - 1 year ago
The American derivatives and securities exchange network, Cboe Global Markets, filed amended applications to list spot Bitcoin exchange-traded funds (ETFs) yesterday (Tuesday). The amended applications propose to include Coinbase as a surveillance-sh...
Cryptocoins News / Finance Magnates - 1 year ago
The London and NASDAQ-listed miner, Argo Blockchain has revealed a drop in monthly Bitcoin (BTC) production and revenue. Despite these setbacks, Argo is enhancing its total hash rate capacity and signals a stronger outlook for the future.Argo Blockch...
Cryptocoins News / Finance Magnates - 1 year ago
Sports have long been a hub of innovation and technology. Sports have embraced innovation to improve the game, from innovations in equipment to data analytics altering individual performance. A new trend has evolved in recent years, mixing the worlds...
Cryptocoins News / Finance Magnates - 1 year ago
The Bank for International Settlements (BIS) has told the Group of Twenty (G20), the intergovernmental forum comprising the world's top 19 economies, and the European Union, that cryptocurrencies cannot be adopted as a monetary instrument because t...
Cryptocoins News / Finance Magnates - 1 year ago
Three cryptocurrency exchanges based in Canada, WonderFi, CoinSmart, and Coinsquare, have reportedly completed a merger. The combined entity plans to invest in SmartPay, a digital asset payments platform launched by Coinsmart in 2020.WonderFi is a...
Cryptocoins News / Finance Magnates - 1 year ago
The newest collaboration between two European financial technology companies will provide institutional traders access to the fragmented digital assets market. 4OTC, a FinTech provider for cryptos and FX, has announced a strategic partnership with a...
Cryptocoins News / Finance Magnates - 1 year ago
Dubai's digital asset regulator, the Virtual Asset Regulatory Authority (VARA), has suspended BitOasis, a cryptocurrency trading platform, from operating in the region. VARA announced the suspension yesterday (Monday), accusing the trading platform o...
Cryptocoins News / Finance Magnates - 1 year ago
The Financial Conduct Authority (FCA) has been active in identifying and disrupting illegal crypto ATMs across the UK. Since the start of 2023, the regulatory body has inspected 34 locations suspected of hosting these machines. The operation, conduct...
Cryptocoins News / Finance Magnates - 1 year ago
Cryptocurrencies have grown in popularity and acceptability, and their influence has gone beyond the financial realm. The rise of crypto sponsorships, in which organizations and individuals use digital currencies to build alliances and endorsements,...
