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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
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