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Genesis Agrees to Pay $21M Fine to Settle SEC Crypto Lending Charges
19.3.2024
Bankrupt cryptocurrency lender Genesis Global Capital has agreed to pay a $21 million fine as part of a final court judgement to settle charges with the U.S. Securities and Exchange Commission (SEC). In an official ruling released on March 19, the SEC highlighted the reason for the penalty...
CoinShares Report: Investors Remain Bullish on Bitcoin Despite Market Downturn
19.3.2024
A report by CoinShares on the performance of Bitcoin investment products sheds new light on how the recently launched spot Bitcoin ETFs, together with bullish investment, have helped the products post all-time high inflows last week. Published yesterday, the digital asset manager’s findings...
SEC Requests $158 Million Increase to Tackle Crypto Market Challenges in 2025 Budget Proposal
19.3.2024
The U.S. Securities and Exchange Commission is seeking an additional $158 million for its 2025 budget to address the growing complexities in financial markets, particularly the challenges stemming from the crypto sector.
The post SEC Requests $158 Million Increase to Tackle Crypto Market...
Nonprofit Focused On “Corporate Wrongdoing” Empower Oversight Launches Lawsuit Against SEC Amidst Reports of Conflicts of Interests
19.3.2024
Empower Oversight filed a lawsuit against the United States Securities and Exchange Commission (SEC) on Friday, claiming the federal agency failed to comply with their Freedom of Information Act (FOIA) request regarding cryptocurrency conflict of interests at the agency.
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Sygnum Tokenizes $50M of Fidelity International Fund as Matter Labs Moves Reserves to Blockchain
19.3.2024
The move was part of zkSync developer Matter Labs' long-term goal to move its treasury reserves to a blockchain
Liberia is Working to Build CBDC with Blockchain Solutions Firm Gluwa
19.3.2024
Real-world asset platform Gluwa will be assisting in the research and development of Liberia’s CBDC.
The post Liberia is Working to Build CBDC with Blockchain Solutions Firm Gluwa appeared first on Cryptonews
Tokenized Asset Settlement Project will transform asset management
19.3.2024
Present-day institutional investors firmly believe in tokenization’s capacity to transform the asset management sector. ANZ (Australia and New Zealand Banking Group) effectively executed the Delivery vs. Payment (DvP) procedure to settle tokenized assets across multiple networks in various...
Fansland incorporates the Polygon PoS blockchain
19.3.2024
Fansland announced it’s incorporating the Polygon PoS blockchain to bring about a game-changing fan involvement via blockchain technology. All connected users will be provided the option of being exposed to quick and cost-friendly financial and entertainment verticals. Incidentally, Polygon...
Layer 2 Blockchain Opens New Doors Following Ethereum’s Dencun Upgrade
19.3.2024
An Ethereum layer 2 network, Base, has established user metrics incubated by Coinbase, the popular centralized cryptocurrency exchange, that have surged since the Dencun upgrade was made on Ethereum on 13 March. It lowered transaction fees by almost 98% on layer 2 networks. The Dencun upgrade...
Nigeria and Turkey Biggest Adopters of Crypto in 2024
19.3.2024
Looking into the share of cryptocurrency owners in 56 countries as of February 2024, Nigeria and Turkey lead the pack, according to data from Statista. But what does the world map look like?
The post Nigeria and Turkey Biggest Adopters of Crypto in 2024 appeared first on Cryptonews
Crypto Entities That Neglect AI and Machine Learning Investment Will Lag Behind, Warns Binance CTO
19.3.2024
Rohit Wad, the chief technology officer (CTO) of Binance said his platform has increased its compliance budget in recent years to ensure it achieves the “highest regulatory compliance standard.” According to Wad, Binance has used a compliance budget, which rose 35% year over year...
Andrew Tate Says He Made $85 Million During Last Bull Run, Advocates for Innovative Blockchain Projects
19.3.2024
Andrew Tate earned a staggering $85 million during the last bull run by investing in decentralized exchange PancakeSwap.
The post Andrew Tate Says He Made $85 Million During Last Bull Run, Advocates for Innovative Blockchain Projects appeared first on Cryptonews
Tokenize Xchange Secures $11.5 Million in Series A Funding to Expand in Singapore
19.3.2024
With $11.5 million Series A funding led by Trive, Tokenize Xchange aims for expansion in Singapore and plans to secure a total of $33 million by the end of 2024.
The post Tokenize Xchange Secures $11.5 Million in Series A Funding to Expand in Singapore appeared first on Cryptonews
Crypto Council Files New Amicus Brief Supporting Coinbase’s Legal Battle With SEC
19.3.2024
The Crypto Council for Innovation (CCI) has filed an amicus brief on March 18 in support of Coinbase challenging the Securities and Exchange Commission (SEC) denial of its rulemaking petition.
The post Crypto Council Files New Amicus Brief Supporting Coinbase’s Legal Battle With SEC appeared...
Figure Technologies’ Figure Markets promotes “everything marketplace”
19.3.2024
Figure Technologies, a well-known financial technology business in both the home equity and blockchain spaces, has launched Figures Market. In a Series A funding round, Figure Markets accumulated more than $60 million. Pantera Capital, Jump Crypto, and Lightspeed Faction led the oversubscribed...
Real-World Assets Platform Gluwa Considers Developing Liberia’s CBDC
19.3.2024
The real-world assets platform, Gluwa, is exploring the potential to assist in the development and launch of Liberia’s central bank digital currency. To increase the likelihood of the digital currency’s success, Gluwa is also considering the launch of a satellite-based internet service. Making...
South Korean Regulators Discuss Crypto Regulation with ASEAN, OECD Officials
19.3.2024
South Korean regulators talked to officials from ASEAN, the Association of Southeast Asian Nations, and the OECD about crypto policy in Seoul on March 18.
The post South Korean Regulators Discuss Crypto Regulation with ASEAN, OECD Officials appeared first on Cryptonews
Nigeria’s SEC Proposes 400% Registration Fee Increase for Crypto Firms
19.3.2024
Nigeria's Securities and Exchange Commission (SEC) has put forward amendments to the regulatory framework governing platforms offering cryptocurrency services, suggesting a significant increase in registration fees for crypto exchanges.
The post Nigeria’s SEC Proposes 400% Registration...
Russian Government to Create Crypto Confiscation Platform
19.3.2024
The Russian government is planning to build a platform that will allow the nation’s law enforcement agencies to seize and hold crypto they confiscate from criminals.
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Bitget Wallet Announces Native Token After $30 Million Raise – Here’s The Details
18.3.2024
Bitget Wallet, a cross-chain crypto wallet formerly known as Bitkeep, is launching a native crypto token to reward its early users.
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