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Coinbase Seeks Federal Court Guidance in Landmark Crypto Case
- The case aims to provide clarity for the broader regulatory crypto industry, financial institutions, and consumers.
- The lawsuit originated in June 2023 when the SEC accused Coinbase of operating as an unregistered securities broker.
Wednesday, 22/01/2025 | 20:43 GMT by
Jared Kirui
Cyprus Regulator Revokes Investor Compensation Fund Membership for Four Firms
- The affected companies are IFCM Cyprus Ltd, Arumpro Capital Ltd, Greenpost Trading Europe Ltd, and Reliantco Investments Ltd.
- Eligible investors can still claim compensation for investment operations conducted before the membership status change.
Wednesday, 22/01/2025 | 14:04 GMT by
Jared Kirui
XM.com Names Former Charles Schwab Exec Nasos Topakas as Chief Technology Officer
- Before joining XM.com, Topakas served as the Chief Engineering Officer at Sitecore, a San Francisco-based company, for over three years.
- He has also held significant major roles at major companies such as Charles Schwab, Kodak, and StubHub.
Wednesday, 22/01/2025 | 13:14 GMT by
Jared Kirui
Robinhood Expands Across Europe, Launching Crypto Services in Spain
- This expansion followed the company's previously announced plan to extend its presence in the European Union and the United Kingdom.
- Robinhood’s expansion comes amid the implementation of the Markets in Crypto-Assets regulations in the European Union.
Tuesday, 21/01/2025 | 15:19 GMT by
Jared Kirui
Will Solana (SOL) Reach $1000? Positive Momentum Faces Test Beyond Meme Hype
- Key technical indicators suggest a positive momentum, with SOL maintaining levels above the 50 and 200 moving averages.
- Meanwhile, Coinbase faced criticism for delays in processing Solana withdrawals.
Tuesday, 21/01/2025 | 14:28 GMT by
Jared Kirui
ESMA Sets Deadline for Crypto Firms to Align with MiCA Stablecoin Rules
- The push has created pressure on crypto service providers, urging swift alignment with the new MiCA regulations.
- ESMA mentioned that stablecoins issued by authorized entities can be legally offered in the EU.
Monday, 20/01/2025 | 21:12 GMT by
Jared Kirui
CFTC Promotes Caroline Pham as Acting Chair
- Pham was previously involved in controversy after criticizing the CFTC's enforcement division for alleged misconduct in the MyForexFunds case.
- She was appointed as a commissioner in 2022 and previously led the agency's Global Markets Advisory Committee.
Monday, 20/01/2025 | 18:14 GMT by
Jared Kirui
Trump Inaugurated as US President, A New Crypto Era Begins
- On the day of Trump’s inauguration, Bitcoin surged to an all-time high of nearly $110,000.
- The rally was driven by investor optimism surrounding Trump’s pro-crypto policies and his pledge to repeal Biden-era regulations.
Monday, 20/01/2025 | 17:02 GMT by
Jared Kirui
Dogecoin (DOGE) Price Prediction: Political Backing Raises Hopes for Rally
- The combination of increased demand and reduced circulating supply could also contribute to a price rise for Dogecoin.
- Dogecoin ranks seventh on CoinMarketCap, with a market valuation exceeding $54 billion.
Monday, 20/01/2025 | 15:36 GMT by
Jared Kirui
A Presidential Memecoin? How $TRUMP Is Shaking Up Crypto Space
- Trump announced the launch of $TRUMP on his Truth Social and X accounts, framing it as a celebration of his ideals and leadership.
- The token has achieved a market capitalization of over $13 billion, surging by 139% on the daily chart.
Sunday, 19/01/2025 | 19:49 GMT by
Jared Kirui
Week in Focus: IG Acquires Freetrade, eToro Eyes Nasdaq Listing, and More
- Among other stories in the spotlight this week: Active DXtrade SaaS accounts tripled to 1 Million; a new report shows that copy trading generated up to 20% of brokerages' trading volume in the last couple of years.
- Elsewhere, BitMEX settled a longstanding dispute with a $100 million fine, while Robinhood was fined $45 Million for recordkeeping failures.
Saturday, 18/01/2025 | 04:00 GMT by
Jared Kirui
Germany’s Boerse Stuttgart Digital Secures MiCA Approval for EU Crypto Expansion
- The MiCA license enables Boerse Stuttgart Digital to expand its crypto services across all 27 EU member states.
- The license aligns with the MiCA regulations introduced in late 2024, which simplify the licensing process.
Friday, 17/01/2025 | 15:25 GMT by
Jared Kirui
Why Ripple (XRP) is Going Up Today: Price Nears 2018 All-Time High
- XRP experienced a significant increase in high-value transactions, with 2,365 transactions reportedly exceeding $100,000 recorded in an eight-hour period.
- The token shows bullish momentum amid expectations of favorable policy changes under the new US administration.
Friday, 17/01/2025 | 14:13 GMT by
Jared Kirui
South Korea's Crypto Exchange Upbit Faces Suspension Over KYC Violations
- Authorities also allege that Upbit violated regulations prohibiting transactions with unregistered foreign cryptocurrency service providers.
- The exchange's license renewal is also under review, with the FIU expected to finalize its decision this month.
Thursday, 16/01/2025 | 21:02 GMT by
Jared Kirui
eToro Files for Nasdaq Listing with $5B IPO Valuation: Report
- According to the Financial Times, the company is making another attempt at the IPO, potentially joining Coinbase and Robinhood.
- In a comment on LinkedIn, eToro’s CEO, Yoni Assia, said: “Hey Nasdaq, nice to see you today.”
Thursday, 16/01/2025 | 17:01 GMT by
Jared Kirui
Coinbase Expands US Services with Bitcoin-Backed Loans of Up to $100K
- This service allows users to access liquidity without selling their crypto assets.
- The exchange has now integrated Morpho's lending capabilities into its app to enhance the loan process for users.
Thursday, 16/01/2025 | 16:26 GMT by
Jared Kirui
BitMEX Settles Long-Running Legal Dispute with $100 Million Fine
- The exchange admitted guilt in 2022 for failing to implement adequate Anti-Money Laundering (AML) protocols.
- Its minimal customer verification process, which required only email addresses, was criticized by the US Attorney’s office.
Wednesday, 15/01/2025 | 20:54 GMT by
Jared Kirui
Bitcoin, Ethereum, and XRP Rise as UK Names New Economic Secretary for Crypto
- XRP is leading the rebound with a 27% increase in the past week.
- The positive sentiment comes as the UK appoints Emma Reynolds as the new Economic Secretary for crypto and CBDCs.
Wednesday, 15/01/2025 | 19:42 GMT by
Jared Kirui
Airwallex Targets Latin America with MexPago Acquisition and Brazil License
- The firm's focus in Brazil is on the B2B payment market, aiming to enhance cross-border business transactions.
- Its acquisition of MexPago also targets Mexico's rising demand for cross-border payment solutions.
Wednesday, 15/01/2025 | 16:31 GMT by
Jared Kirui
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