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Retail FX
News Nuggets | 28 September: NiceHash Exits UK; CFTC Awards Whistleblower over $300,000
2023-09-28T10:44:19.879+02:00
Also, ASIC secures financial penalties for reporting failures; SEC charges for insider trading.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
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CryptoCurrency
Time to Convert Your Binance Euros: Platform Advises Shift to USDT
2023-09-28T10:11:42.968+02:00
The fiat-to-crypto partnership with Paysafe officially ended this week.
Binance encourages its users to exchange EUR to USDT.
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Thought Leaders
Veteran iGaming Team Launch Crypto Casino Portal
2023-09-27T18:50:52.411+02:00
CryptoCasinos.Casino was born out of the need for transparency and accuracy.
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CryptoCurrency
Binance Announces Exit from Russia, Sells Business to CommEX
2023-09-27T12:34:29.946+02:00
Binance's strategic move signals compliance focus.
It has initiated a year-long off-boarding plan to ensure a smooth transition.
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CryptoCurrency
Crypto Kingpin behind Bars: 12 Years for $100M Ponzi Scheme
2023-09-27T10:22:45.215+02:00
The scheme mastermind has been sentenced for running a global crypto pyramid scheme.
AirBit Club deceived investors, with assets valued at $100 million have now been seized.
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CryptoCurrency
OKX Reserve Assets Increase by $800 Million since August
2023-09-27T09:48:19.135+02:00
OKX Proof of Reserves report showcased $11.2 billion in primary assets.
This is the eleventh PoR report in a row published by the company since FTX downfall.
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CryptoCurrency
JPMorgan's Chase UK Joins Growing List of UK Banks Banning Crypto
2023-09-27T08:55:15.966+02:00
Chase UK is set to prohibit crypto transactions starting in October due to a scam surge.
The move follows similar restrictions by other UK banks like NatWest and Santander.
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CryptoCurrency
MoneyGram’s Foray into the Digital Frontier: Unveils Non-custodial Wallet
2023-09-26T19:11:34.156+02:00
The digital wallet will enable users to cash out digital assets and send money globally.
MoneyGram's wallet is based on its fiat on and off-ramp services.
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CryptoCurrency
Taiwan's Crypto Clampdown: Bans Unregistered Foreign Crypto Exchanges
2023-09-26T17:27:04.518+02:00
FSC's guidelines emphasize asset separation and self-regulation within the crypto space.
Major crypto exchanges like Binance and Kraken are affected by the new regulations.
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Trending
Binance, the Moroccan Earthquake and the $3 Million Controversy
2023-09-25T14:20:30.659+02:00
The crypto giant's sizable donation raises questions and eyebrows.
The funds are going to their users ... shouldn't it be buying beds and tents?
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News
CoinShares Expands into U.S: Launching Hedge Fund Division
2023-09-25T07:18:05.066+02:00
CoinShares returns to its roots with a hedge fund division.
It focuses on delivering a premium investor experience.
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CryptoCurrency
Core Scientific's Multi-Million Dollar Deal: 27,000 BTC Miners from Bitmain
2023-09-22T12:55:02.882+02:00
Core Scientific's key acquisition marks a milestone in restructuring efforts.
The cryptocurrency mining industry displays resilience in challenging times.
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Thought Leaders
Crypto Loans: How Do They Compare to Traditional Loans?
2023-09-22T08:04:00.000+02:00
Crypto loans function the same way many traditional bank loans do.
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CryptoCurrency
The UK's FCA Sends Final Warning as Crypto Regulation Deadline Nears
2023-09-21T13:46:07.402+02:00
The promotional regime kicks in the next two weeks, and companies still face 'challenges'.
The FCA is reminding about the consequences of failing to comply with the new regulations.
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CryptoCurrency
BaFin Doubles Crypto Regulatory Activities in 2023, Eyes AI
2023-09-21T10:55:35.228+02:00
The regulator aims to build more trust in the cryptocurrency sector.
On top of that, it wants to leverage the opportunities offered by AI.
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CryptoCurrency
How PYUSD on Venmo Could Change the Game for PayPal
2023-09-21T10:11:03.660+02:00
A month and a half after PYUSD launched, PayPal integrated it with Venmo.
For now, the service is available to a limited number of users.
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CryptoCurrency
Mt. Gox Trustee Extends Deadline for Repaying Creditors
2023-09-21T09:05:51.138+02:00
Tokyo district court approves deadline extension.
Mt. Gox creditors anticipate asset distribution.
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Retail FX
Interactive Brokers Enhances Crypto Offerings with Zero Hash Partnership
2023-09-20T11:45:27.823+02:00
IBKR joins forces with Zero Hash to offer crypto trading and custody services.
Companies aim to provide crypto services to new and existing clients.
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CryptoCurrency
Hong Kong Takes Crown in Cryptocurrency Readiness, US Holds Third
2023-09-20T11:11:51.905+02:00
Switzerland took second place.
Hong Kong wins due to friendly regulations and a low crypto tax burden.
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CryptoCurrency
Ex-Deutsche Banker Faces up to 30 Years for Crypto Investment Fraud
2023-09-20T10:45:55.406+02:00
Russell faces up to 30 years in prison after admitting to defrauding R3 Crypto Fund clients.
In addition to the crypto scam, he pleaded guilty to identity theft.
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CryptoCurrency
Coinbase Fostering a Supportive Environment for Crypto Growth
2023-09-20T09:21:53.479+02:00
The exchange amplifies advocacy efforts for crypto legislation.
It takes the “Stand with Crypto” non-profit initiative.
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Trending
Warren’s Crypto Money-Laundering Bill Gathers Bipartisan Support
2023-09-19T11:11:34.129+02:00
US crypto money-laundering bill gains support, sparking industry and political debates.
Crypto faces uncertain regulatory future as Warren's legislation gathers momentum.
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CryptoCurrency
JPEX's Legal Woes Could Signal Trouble for Hong Kong Crypto
2023-09-19T10:50:34.994+02:00
HK authorities have arrested six people linked to an unlicensed cryptocurrency exchange.
The SFC has flagged complaints against JPEX involving more than $127.9 million in losses.
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CryptoCurrency
Binance CEO CZ's Insights at Token2049 Crypto Event
2023-09-14T16:12:03.740+02:00
CZ identifies fiat ramps as crypto adoption hurdle.
It is a challenge to bring the next 100 million users to crypto.
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FinTech
U.S. Regulator's Bold Move: Creating a Federal Registry to Fight Financial Fraud
2023-09-14T09:41:44.105+02:00
A centralized registry is critical in the crypto space.
Christy Goldsmith Romero has been persistent in pursuing a registry.
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