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Bybit Seeks Crypto License in Austria Following Kazakhstan Approval

Bybit, a cryptocurrency exchange, has confirmed its pursuit of regulatory licensing in Austria. This move aligns with its efforts to expand into... Read more

Posted by financemagnates.com a month ago

Ripple Custody Division Debuts for Banks and Fintech amid SEC Appeal over XRP

Ripple announced the launch of new crypto custody services on Thursday (today). These services are designed to assist banks and financial technology... Read more

Posted by financemagnates.com a month ago

Wirex Pay Rolls Out Non-Custodial Wallet for Global Crypto Transactions

Wirex Pay has launched early access to its new app for select whitelisted users. The app is part of Wirex’s decentralized... Read more

Posted by financemagnates.com a month ago

11 Crypto Platforms Under Review as Hong Kong Faces Criticism on Strict Regulations

The Hong Kong Securities and Futures Commission (SFC) plans to approve more cryptocurrency exchanges by the end of the year, according... Read more

Posted by financemagnates.com a month ago

MiCA Prompts Coinbase to Remove Selected Stablecoins in Europe

Coinbase will remove certain stablecoins from its platform in the European Economic Area (EEA) by the end of the year. The... Read more

Posted by financemagnates.com 2 months ago

SEC Claims Lejilex’s Lawsuit Seeks to “Redefine Crypto as Non-Security”

Crypto startup Lejilex and the United States Securities and Exchange Commission (SEC) are engaged in a legal battle over the classification of... Read more

Posted by financemagnates.com 2 months ago

Kraken's 24/7 Derivatives Platform in Bermuda Obtains Regulatory Approval

Kraken has announced the launch of its new global derivatives venue in Bermuda. This initiative aims to provide clients with a licensed... Read more

Posted by financemagnates.com 2 months ago

Cybersecurity Losses Surge to $2.1 Billion in 2024; WazirX Seeks Court Protection

The year 2024 has recorded unprecedented losses in the cybersecurity landscape. By the end of Q3, they reached $2.11 billion in... Read more

Posted by financemagnates.com 2 months ago

Binance Secures 20th Regulatory Approval as a VASP from Argentina's CNV

Binance has recently registered as a Virtual Asset Service Provider with Argentina's National Securities Commission (CNV).This registration is a notable regulatory... Read more

Posted by financemagnates.com 2 months ago

Coinbase Challenges SEC: Judges Question the Regulator's Crypto Rulemaking Rejection

The US Court of Appeals for the Third Circuit raised concerns over the Securities and Exchange Commission's (SEC) denial of a rulemaking... Read more

Posted by financemagnates.com 2 months ago

NY Judge Denies Tornado Cash Developer’s Motion to Dismiss, Trial Set for December

Roman Storm, a software developer of Tornado Cash, is headed to trial after a New York judge ruled against his... Read more

Posted by bitcoin.com 2 months ago

Crypto Firms Must Toe the Line with Dubai VARA’s Compliance Regulations

Dubai's Virtual Asset Regulatory Authority (VARA) is set to enforce stricter requirements for companies that market cryptocurrency investments within the country. In... Read more

Posted by financemagnates.com 2 months ago

Binance Serves Users Despite 2022 Exit, Sees 43% Decline in Russian Traffic

Binance continues to serve some Russian clients despite its previous announcement of a full exit from the Russian market in 2022.Yesterday... Read more

Posted by financemagnates.com 2 months ago

Binance Serves Users Despite 2023 Exit, Sees 43% Decline in Russian Traffic

Binance continues to serve some Russian clients despite its previous announcement of a full exit from the Russian market in 2023.Yesterday... Read more

Posted by financemagnates.com 2 months ago

South Korea’s FSC Endorses Nonprofit to Secure Crypto Assets after Exchange Closures

The Financial Services Commission (FSC) of South Korea announced today (Wednesday) that it has approved the creation of a nonprofit organization aimed... Read more

Posted by financemagnates.com 2 months ago

Caroline Ellison sentenced to 24 months in prison for her role in FTX collapse

Caroline Ellison, the former chief executive of Alameda Research and ex-girlfriend of disgraced crypto entrepreneur Sam Bankman-Fried (SBF), received a... Read more

Posted by cryptoslate.com 2 months ago

Kraken Ramps Up European Presence by Acquiring BCM, Elevates Crypto Offering

Kraken has announced the completion of its acquisition of Coin Meester B.V. (BCM) today (Tuesday). This acquisition is a part of... Read more

Posted by financemagnates.com 2 months ago

Sygnum Secures Liechtenstein Crypto License, Eyes EU Expansion under MiCA

Sygnum, a digital assets banking group based in Zurich and Singapore, announced that it has obtained a crypto license in Liechtenstein. The... Read more

Posted by financemagnates.com 2 months ago

Crypto Young Investors: BaFin Study Reveals over 50% Trust Social Media and Finfluencers

A recent study by BaFin indicates a growing trend among younger investors. Many individuals aged 18 to 45 are turning to... Read more

Posted by financemagnates.com 2 months ago

ASIC Expands Corporations Act, Mandating Financial Licenses for Crypto Exchanges

Australian regulators are reportedly drafting new legislation that will require cryptocurrency exchanges to obtain financial services licenses. This will expand the current... Read more

Posted by financemagnates.com 2 months ago