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CryptoCurrency
eToro Teams Up with Tangany for Crypto Custody Solutions in Germany
2024-01-02T13:25:28.734+02:00
From January 2024, the BaFin-licensed firm will extend white-label expertise to eToro's clients.
Recently, eToro has been recognized as a Crypto Asset Service Provider by CySec.
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CryptoCurrency
Catalyx Grapples with Security Breach in Canada: Operations Temporarily Frozen
2023-12-29T15:27:37.240+02:00
The report suggests the loss of customer funds, but the firm has not disclosed the extent of the losses.
Regulatory authorities has launched an investigation, imposing a 15-day freeze order.
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CryptoCurrency
Mt. Gox Trustee Wants a Refund after Paying Some Creditors Twice
2023-12-28T11:31:10.261+02:00
The trustee started to pay the creditors recently after ten years.
An email to the creditors cited “a system issue” behind the double payment.
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CryptoCurrency
“We Are So Close, Yet So Far”: Industry Leaders Unveil Insights on Crypto Regulation
2023-12-28T10:57:05.848+02:00
The FMLS panelists of “Crypto Regulation after FTX” agreed that success relies on collaboration.
The talk stressed faster rule updates through industry-regulator dialogue.
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CryptoCurrency
Security Gains in Cryptocurrency, Yet $2 Billion Lost to Scams and Hacks
2023-12-27T16:08:59.034+02:00
The fund recovery rate surged from 2% in 2022 to an impressive 10% in the latest figures.
Ethereum faced substantial losses, losing about $1.35 billion in 170 incidents.
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CryptoCurrency
UK Crypto on Pause: Why Are Revolut and Others Halting Services?
2023-12-25T15:10:01.172+02:00
Revolut temporarily pauses some services for UK Business customers due to new FCA rules.
Other firms also halt services as crypto works to ensure long-term compliance.
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CryptoCurrency
President Javier Milei's Move: Argentina Legalizes Crypto amid Economic Challenges
2023-12-22T09:52:26.340+02:00
The economic reform permits crypto payments, irrespective of legal tender status.
Legalizing crypto payments presents challenges, including security and market stability.
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CryptoCurrency
Revolut Launches Crypto Trading in New Zealand with over 100 Pairs
2023-12-20T07:05:00.000+02:00
The fintech firm has integrated a third-party crypto tax reporting solution on its platform.
It will limit crypto services to UK business customers next month.
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CryptoCurrency
Changer.ae Enters the Market with Regulated Crypto Custody Platform
2023-12-19T12:20:03.490+02:00
The firm operates under the regulatory framework established by the FSRA of ADGM.
It aims to enable users to convert virtual assets into fiat currencies and hold them in escrow.
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CryptoCurrency
Crypto in Commerce: Study Reveals 60 Retail Titans Embracing Digital Currency
2023-12-18T11:48:10.074+02:00
Food & Dining claims the second spot with 54 companies.
Luxury Retail takes third place with 35 companies, including brands, such as Gucci and Ralph Lauren.
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Institutional FX
Expanding Institutional Access: DeFinity Markets and One Trading Collaborate
2023-12-18T11:31:27.662+02:00
It aims to develop inclusive infrastructure for institutional digital assets and fiat transactions.
The partnership aligns with DeFinity Markets' recent FX market onboarding.
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CryptoCurrency
SEC Rejects Coinbase's Call for Crypto-Specific Regulations, Citing Existing Laws
2023-12-15T19:51:07.627+02:00
Gary Gensler rejected claims that identifying crypto asset issuers is unfeasible.
He emphasized the crypto market's limited share in the $110 trillion, acknowledging its vulnerability to fraud.
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CryptoCurrency
Copper Unveils OTC Trade Transformation with Custodian-Agnostic Settlement Network
2023-12-15T15:34:46.570+02:00
The network streamlines post-trade processes, reducing risks and operational inefficiencies for OTC trades.
The firm connects institutional clients to liquidity through its OTC settlement network and ClearLoop.
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CryptoCurrency
SafeMoon Unravels: Files for Bankruptcy amid Executives' Arrests
2023-12-15T15:19:37.811+02:00
The firm’s top executives face fraud and money laundering charges.
Following the bankruptcy report, SafeMoon's token plunged more than 40%.
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CryptoCurrency
Stablecoin Inflows Propel Historic Crypto Market Surge: Report
2023-12-14T22:03:05.462+02:00
Market trends show a rising institutional interest in Bitcoin.
In November, the digital asset space experienced a surge in investments.
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CryptoCurrency
Philippine SEC Sets Deadline for Binance Ban Enforcement Citing Licensing Concerns
2023-12-14T13:35:42.552+02:00
The authority has set a three-month ban effective from November 29.
Local investors are advised to choose from 17 registered VASPs offering fiat-to-crypto services.
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Retail FX
Robinhood Sees Major Growth in Crypto amid User Increase
2023-12-14T11:54:59.401+02:00
The company's monthly report shows a surge of 75% in crypto volumes.
November sees Robinhood's assets grow to $94.4 billion.
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FinTech
Global Identity Fraud Shifts from Crypto to Payments, Study Reveals
2023-12-13T21:35:04.051+02:00
The digital payments landscape experienced a surge of 56% in fraudulent activities.
The crypto sector witnessed a decline of 51% in instances of fraud.
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CryptoCurrency
Singapore's Court Investigates 3AC’s Co-Founder in $3B Legal Tussle
2023-12-13T16:31:36.243+02:00
The crypto lender's liquidators have accused Su Zhu of obstructing investigations.
Despite civil proceedings, no criminal charges have been filed against 3AC's executives.
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CryptoCurrency
Crytpo AI-Powered Profit Promise Leads to $25M Fraud Indictment
2023-12-13T10:24:11.842+02:00
Two men are charged for a cryptocurrency Ponzi scheme.
They promised high-yield profits using AI but misused funds for luxury expenses.
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CryptoCurrency
CoinMENA FZE Secures VASP License for VA Broker-Dealer Services in Dubai
2023-12-12T14:26:35.689+02:00
Based in Bahrain, the firm holds a license from the Central Bank of Bahrain as a crypto service provider.
In November, six entities secured a VARA license for crypto operations in Dubai.
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Thought Leaders
How the CS2 Unboxing Site Clash.gg Uses Cryptocurrencies
2023-12-12T11:28:08.357+02:00
The ClashGG team dedicates itself to upholding its AML policies.
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Thought Leaders
The Impact of Cryptocurrency on Traditional Banking
2023-12-11T20:06:56.477+02:00
A key area where cryptocurrency has had an impact on traditional banking is remittances.
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CryptoCurrency
Binance P2P Drops Support for RUB Pairs Post CommEX Sale
2023-12-11T16:57:16.026+02:00
It will cease support for Russian Ruble trading pairs starting January 31.
In September, the firm exited the Russian market, transferring its operations to CommEX.
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Trending
Jamie Dimon and a Crypto Critique: More Bark than Byte
2023-12-11T16:24:27.087+02:00
Dimon bashes crypto; wants it "closed down".
Crypto's alleged connections to crime irk the big man.
But, Dimon does like blockchain, so there’s hope for him yet.
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