Tag: cryptocurrencies
All news related to cryptocurrencies, the digital assets that are revolutionizing the finance sector.
Trump’s New Meme Coin Skyrockets on His First Day in Office
Reading Time: < 1 minuteTrump’s new digital token, known as a “memecoin,” saw tremendous success in its first few days, reaching a market value of over $10 billion.
Crypto Expert Files Lawsuit Against US Attorney General
Reading Time: < 1 minuteA crypto developer has filed a lawsuit against the head of the US Justice Department, seeking a court ruling to declare their crypto software legal and prevent any potential future prosecutions.
VanEck to Issue a New ETF Focused on Crypto Companies
Reading Time: < 1 minuteAsset manager VanEck has submitted a request for approval to the US Securities and Exchange Commission (SEC) to launch the “On-chain Economy” ETF.
Illicit Crypto Volumes Reached $51B Last Year: Report
Reading Time: < 1 minuteAccording to estimates by Chainalysis, illicit crypto volumes potentially reached a whopping $51 billion in 2024.
CFTC Considering Crypto.com Probe
Reading Time: < 1 minuteThe Commodity Futures Trading Commission (CFTC) may be taking action against Crypto.com for offering investors the opportunity to place bets on major football games, including the upcoming Super Bowl.
Deribit Reportedly Exploring Buyout Offers
Reading Time: < 1 minuteCryptocurrency options exchange Deribit is considering potential buyout opportunities amidst a surge in merger activity within the blockchain industry.
Robinhood Agrees to Pay $45 Million to SEC
Reading Time: < 1 minuteThe SEC has announced that Robinhood Securities LLC and Robinhood Financial LLC will pay a combined $45 million in civil penalties to settle multiple charges stemming from regulatory failures.
Trump May Sign Crypto Executive Orders on His First Day
Reading Time: < 1 minuteUpon taking office, President-elect Donald Trump and his administration are expected to prioritize the cryptocurrency industry, with executive orders planned for the first day of his term.
Singapore Restritcs Access to Polymarket
Reading Time: < 1 minuteSingapore has joined the ranks of the US, France, Taiwan, and other jurisdictions in restricting access to the prediction marketplace Polymarket.
Bitwise: More Than Half of US Advisors Plan to Invest in Crypto This Year
Reading Time: < 1 minuteThe mainstream adoption of crypto continues to grow, as it moves beyond being limited to niche groups.
IMF: Kenya Must Develop a Regulatory Environment
Reading Time: < 1 minuteThe IMF has recommended that Kenya implement clear and predictable regulatory measures for the cryptocurrency market.
Bitcoin Bull Run Might End Soon, Analyst Says
Reading Time: < 1 minuteA CryptoQuant analyst has observed signs that the ongoing Bitcoin bull run may be reaching its final stages, based on market indicators.
GSR Wins License from FCA
Reading Time: < 1 minuteGSR Markets UK, a subsidiary of GSR, a global cryptocurrency trading firm, has been granted regulatory approval by the Financial Conduct Authority (FCA) of the United Kingdom.
KuCoin to Launch a Crypto Payment System for Merchants
Reading Time: < 1 minuteKuCoin has launched a new solution that aims to bring cryptocurrency payments to the retail sector.
Morgan Stanley May Add Crypto Trading to E-Trade Platform
Reading Time: < 1 minuteMorgan Stanley is reportedly looking into offering crypto trading services through its E-Trade platform.
Only 54% of Crypto Ads Considered Illegal by FCA Were Removed in UK
Reading Time: < 1 minuteThe UK’s Financial Conduct Authority (FCA) was only successful in removing 54% of the 1,702 illegal crypto advertisements that were reported between October 2023 and October 2024.
Chinese Regulator Introduces Stricter Crypto Rules
Reading Time: < 1 minuteThe Chinese government has implemented new foreign exchange regulations that require banks to closely monitor and flag any high-risk transactions involving cryptocurrency assets.
MoonPay Secures MiCA Approval in Netherlands
Reading Time: < 1 minuteMoonPay has been officially approved to operate under the European Union’s Markets in Crypto-Assets (MiCA) regulation by the Netherlands.
Turkey to Implement New Crypto AML Regulations
Reading Time: < 1 minuteTurkey has announced new regulations for cryptocurrencies, taking inspiration from similar developments in major jurisdictions like Europe.
30% of South Korea’s Users Have Invested in Crypto
Reading Time: < 1 minuteThe Bank of Korea has recently announced that there were more than 15.59 million domestic investors in crypto assets, which accounts for over 30% of the country’s population.
Crypto.com Launches a Custody Service in US
Reading Time: < 1 minuteCrypto.com on Monday announced the launch of its new cryptocurrency custody service, called the Crypto.com Custody Trust Company.
IRS Says Crypto Staking is Taxable
Reading Time: < 1 minuteAccording to the US IRS, the rewards received from staking activities should be treated as ordinary income and be reported on a person’s tax return as such.
New Crypto Casino Platform Winna.com Secures $15 Million in Seed Funding
Reading Time: 3 minutesSan Jose, Costa Rica, 23rd December 2024, Chainwire
Tech Giant Google Will Require UK Crypto Ads to Register with National Regulator
Reading Time: < 1 minuteGoogle has implemented a new policy that requires digital asset exchanges and wallets to be registered with the Financial Conduct Authority (FCA) in the United Kingdom before being authorized to advertise on its platform.
Jump Crypto Subsidiary Agrees to Pay $123 Million to SEC
Reading Time: < 1 minuteOn December 20, Tai Mo Shan, a subsidiary of Jump Crypto, reached a settlement with the United States Securities and Exchange Commission (SEC) for a sum of $123 million.