Search
Cantor Fitzgerald announces $2B Bitcoin financing business
27.7.2024
Howard Lutnick and Cantor Fitzgerald brought a reprieve from the day’s politics with a business announcement
Bitcoin Rewards App Fold to Become Publicly Traded Company Through Merger
24.7.2024
Fold Inc., a bitcoin financial services firm, is set to go public through a merger with FTAC Emerald Acquisition Corp., a special purpose acquisition company (SPAC). The transaction, expected to close in the fourth quarter of 2024, will see Fold listed on Nasdaq under a new ticker symbol. Fold...
Gate.io to wind down services for customers in Japan
23.7.2024
The crypto exchange blamed regulatory pressures and “compliance requests” from local financial regulators as the reason it terminated its services
Hong Kong Regulators Say Proposed Stablecoin Regulation Has Received Positive Stakeholder Feedback
19.7.2024
Hong Kong regulators announced the conclusion of a stablecoin regulation consultation phase that saw stakeholders provide 108 submissions. The regulators claimed that the proposed regulatory requirements received positive feedback from stakeholders. Stakeholders Support Introduction of Stablecoin...
Tulip Siddiq Appointed as UK City Minister With Responsibity for Financial Services, Crypto
10.7.2024
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto
Hashnote Partners With Anchorage Digital to Offer Secure Crypto Investment Returns
1.7.2024
Hashnote, a digital asset manager, has announced a partnership with crypto custody firm Anchorage Digital to offer secure investment returns for institutional clients. This collaboration integrates Anchorage’s custody services with Hashnote’s derivative strategies. Hashnote...
Crypto ATM Installations Rise in 2024, Adding 2,564 New Machines Globally
30.6.2024
In June, the number of cryptocurrency automated teller machines (ATMs) saw a slight decline, yet 377 new ATMs were installed during the month. Since January 2024, data shows a total of 2,564 crypto ATMs have been deployed globally. 2024 Sees Steady Rise in Crypto ATMs Despite June Dip At the end...
T-Rex files for ‘ghost pepper’ 2X leveraged MicroStrategy ETF
28.6.2024
Financial services firm T-Rex Group has applied for what could be the “most volatile ETF” ever seen in the United States
Enforcement of South Korean virtual assets law prescribed in decree
26.6.2024
The details of enforcing the Protection of Virtual Asset Users Act are not contained in the bill, which comes into force July 19
Hong Kong targets DeFi, metaverse for fintech expansion
26.6.2024
Despite challenges in the current DeFi and metaverse landscape, the reports highlight potential growth and innovation in these emerging sectors
Crypto firm Hiddup rebrands amid $41M investigation and legal woes
25.6.2024
Hiddup continues advertising returns ranging from 6 to 16% per annum through blockchain mining on its website while facing legal action
CoinShares secures 116% return from FTX claim sale
24.6.2024
CoinShares will reinvest $39.78 million from the sale of its FTX claim into growth opportunities and enhanced client services
Patrick McHenry Explains FIT21's Passage
19.6.2024
Congressman Patrick McHenry (R-N.C.) chairs the powerful House Financial Services Committee, and has been the leading Republican on the panel for years. Last year, he spent a few weeks as the Speaker Pro Tempore of the House of Representatives, after lawmakers voted to oust then-speaker Kevin...
UBS Recommends Buying Gold Dips Amid Economic Uncertainty
12.6.2024
The UBS editorial team, comprising financial analysts and economists at UBS, a prominent global financial services firm, recommends purchasing gold during price dips rather than selling. Recently, gold prices fell by over $80 per ounce due to strong U.S. payroll and earnings data, coupled with...
Public blockchains too ‘fragile’ for tokenization: Professor tells Congress
6.6.2024
Allen argued that public blockchains “can’t process large volumes of transactions” — though on-chain data suggests otherwise
UAE central bank approves licensing system for stablecoins
5.6.2024
KARM Legal Consultants founder Kokila Alagh said that the regulations clarify the issuance, licensing and supervision of AED-backed payment tokens
Dubai Financial Services Authority Updates Regulatory Framework for Crypto Tokens
4.6.2024
The Dubai Financial Services Authority (DFSA) announced amendments to its crypto token regime on Monday, enhancing the regulatory environment for crypto tokens in the Dubai International Financial Centre (DIFC), a special economic zone. The amendments address investment in recognized...
Bitcoin Firm Unchained Partners With University of Texas to Launch $5 Million Bitcoin Endowment Fund
1.6.2024
The financial services firm Unchained and the University of Texas have partnered to launch a long-term endowment fund in bitcoin (BTC). Joseph Kelly, CEO and co-founder of Unchained, set the ball rolling with a personal donation of two bitcoins. The bitcoin financial services firm also intends...
EU watchdog urges banks to prioritize clients in AI usage
31.5.2024
The EU's top financial regulator, ESMA, mandates that banks and investment firms ensure AI tools prioritize client interests, reinforcing accountability under MiFID
NYDFS Issues New Crypto Firm Guidance for Consumer Complaints
30.5.2024
New York’s top financial regulator has issued new guidance which requires cryptocurrency service providers to collect relevant data to assess whether they are resolving customer service requests and complaints in a timely and fair manner, it announced Thursday