Cryptocoins News / Finance Magnates - 2 weeks ago
Chinese tech giants, including Alibaba-backed Ant Group and e-commerce firm JD.com, have paused their stablecoin plans under Hong Kong’s regulatory framework amid concerns raised by the mainland government over the private takeover of currency contro...
Cryptocoins News / Finance Magnates - 2 weeks ago
Japan’s three largest banks – Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group – are planning to jointly issue stablecoins, according to a report by the Nikkei business daily on Friday (today).Japan has been...
Cryptocoins News / Finance Magnates - 2 weeks ago
European law enforcement cracked down on a criminal network in Latvia last week, leading to the arrest of five alleged cybercriminals of Latvian nationality and two additional suspects. Authorities also dismantled five servers and seized 1,200 SIM-bo...
Cryptocoins News / Finance Magnates - 2 weeks ago
Ripple Labs, a big name in cross-border payments using blockchain, is raising at least $1 billion to procure XRP tokens to hold in a digital asset treasury (DAT), Bloomberg reported.Digital assets meet tradfi in London at the FMLS25.Ripple’s Big Bet...
Cryptocoins News / Finance Magnates - 2 weeks ago
The Bank of England moved to calm industry concerns this week, emphasizing that proposed limits on stablecoin holdings and transaction sizes are only temporary.Digital assets meet tradfi in London at the fmls25The central bank aims to give the financ...
Cryptocoins News / Finance Magnates - 2 weeks ago
Ripple has agreed to acquire treasury management firm GTreasury in a deal valued at $1 billion, marking a major expansion of its business into corporate finance and liquidity management. The acquisition signals Ripple’s ambition to move beyond blockc...
Cryptocoins News / Finance Magnates - 2 weeks ago
Ripple has teamed up with Absa Bank to offer South Africa’s financial institutions access to institutional-grade digital asset custody. The partnership allows the bank’s customers to store cryptocurrencies and tokenized assets using Ripple’s custody...
Cryptocoins News / Finance Magnates - 2 weeks ago
Coinbase has announced an investment in CoinDCX, a cryptocurrency exchange operating in India and the Middle East. This follows previous investments made through Coinbase Ventures. The transaction is subject to regulatory approvals and other customar...
Cryptocoins News / Finance Magnates - 2 weeks ago
While protocol teams obsess over validator counts and geographic distribution, they ignore accountability through identity. The top 25 Solana validators control 45.5% of all stake, yet users delegating billions cannot identify them or assess alignmen...
Cryptocoins News / Finance Magnates - 2 weeks ago
CME Group has launched options trading on Solana (SOL) and XRP futures, offering institutional traders new ways to manage risk and diversify strategies in the crypto market. The contracts include standard and micro versions, with daily, monthly, and...
Cryptocoins News / Finance Magnates - 3 weeks ago
Kenya’s parliament has passed a bill to regulate digital currencies and virtual assets, moving the country closer to formal oversight of its fast-growing crypto market. The Virtual Asset Service Providers Bill, approved last week, now awaits Presiden...
Cryptocoins News / Finance Magnates - 3 weeks ago
The U.S. Department of Justice has seized about $15 billion in bitcoin linked to a man accused of running a large “pig butchering” crypto fraud in Cambodia. The DOJ said it is the largest forfeiture in its history, CNBC reported.Chen Zhi, also known...
Cryptocoins News / Finance Magnates - 3 weeks ago
Crypto asset manager Algoz has doubled its assets under management (AUM) to more than $200 million and will launch a Cayman Islands-based fund with a US Feeder, FinanceMagnates.com learned exclusively.Algoz Doubles AUM to $200M, Opens Cayman Fund for...
Cryptocoins News / Finance Magnates - 3 weeks ago
The Financial Conduct Authority has released plans to support tokenisation in asset management. According to the regulator, the initiative aims to promote innovation and efficiency across the sector, including new guidance to help firms adopt digital...
Cryptocoins News / Finance Magnates - 3 weeks ago
France's financial regulator approved operating rules for what will become the country's first stock exchange built entirely on blockchain technology, clearing the path for small and mid-sized companies to list tokenized shares for direct retail inve...
Cryptocoins News / Finance Magnates - 3 weeks ago
Crypto.com has received In-Principle Approval from the Central Bank of the United Arab Emirates to operate under a Stored Value Facilities (SVF) license. It brings the exchange a step closer to processing stablecoin and dirham payments for Dubai gove...
Cryptocoins News / Finance Magnates - 3 weeks ago
China is rethinking its hardline approach to crypto by carving out room for fiat-referenced stablecoins (FRS) as a tool for renminbi (RMB) internationalisation. While the mainland maintains tight capital controls and continues its 2021 ban on crypto...
Cryptocoins News / Finance Magnates - 3 weeks ago
Two days after several altcoins on Binance crashed to zero, the cryptocurrency exchange issued a statement today (Monday), blaming the incident on a “display issue”.Digital assets meet tradfi in London at the FMLS25.Manipulation or a Glitch?IoTeX, Co...
Cryptocoins News / Finance Magnates - 3 weeks ago
Blue Ocean Technologies, LLC, a fintech firm focused on global trading and data, announced plans to integrate with a forthcoming tokenized National Market System equities solution. The move would make Blue Ocean ATS the first alternative trading syst...
Cryptocoins News / Finance Magnates - 3 weeks ago
Hargreaves Lansdown, the biggest retail investment platform in the United Kingdom, warned against crypto investments, stating, “Bitcoin is not an asset class.” The caution came after the country’s regulator lifted restrictions on retail access to cry...
Cryptocoins News / Finance Magnates - 3 weeks ago
Ripple has entered into a partnership with Bahrain Fintech Bay to support the growth of blockchain and digital asset adoption in Bahrain. BFB is a fintech incubator in the Kingdom, working with government and private sector stakeholders to develop th...
Cryptocoins News / Finance Magnates - 3 weeks ago
Bybit, a cryptocurrency exchange, has secured the Virtual Asset Platform Operator License from the Securities and Commodities Authority of the United Arab Emirates. The license allows Bybit to operate regulated virtual asset trading, brokerage, custo...
Cryptocoins News / Finance Magnates - 3 weeks ago
A former Israeli intelligence official is asking a court to force Prime Minister Benjamin Netanyahu to turn over records of foreign bank accounts, cryptocurrency wallets, and overseas property as part of his defense against a $150,000 defamation laws...
Cryptocoins News / Finance Magnates - 3 weeks ago
Binance Japan announced a new partnership with PayPay, one of Japan’s cashless payment providers. PayPay, a SoftBank Corp. group company, has acquired a 40% stake in Binance Japan.The agreement aims to expand access to digital assets and Web3 service...
Cryptocoins News / Finance Magnates - 3 weeks ago
MetaMask announced plans to integrate Polymarket’s prediction markets later this year and has already rolled out perpetual futures trading powered by decentralized exchange Hyperliquid.Digital assets meet tradfi in London at the fmls25Prediction Mark...
