Cryptocoins News / Finance Magnates - 12 hours ago
Cryptocurrency exchange MEXC has added five new pairs to its Stock Futures product, offering more access to tokenized U.S. equity exposure through its crypto-settled derivatives platform.MEXC on Friday announced the expansion of its Stock Futures off...
Cryptocoins News / Finance Magnates - 20 hours ago
The Financial Conduct Authority will lift its ban on retail access to cryptoasset-backed exchange traded notes on 8 October this year. This follows a consultation that began in June.Retail investors will be able to access cETNs if they are listed on...
Cryptocoins News / Finance Magnates - 1 day ago
Coinbase plans to add tokenised real-world assets, stocks, derivatives, prediction markets, and early-stage token sales to its platform in the coming months, aiming to position itself as an “everything exchange.”Making of a US Super App?As reported b...
Cryptocoins News / Finance Magnates - 2 days ago
Phoenix Group, the first UAE-listed Bitcoin (BTC) mining company (ADX: PHX), posted a 43% decline in quarterly revenue compared to last year and reported a $29.2 million net loss, even as it expanded its digital asset holdings and maintained profitab...
Cryptocoins News / Finance Magnates - 2 days ago
In a recent discussion with Finance Magnates’ Jeff Patterson, Constantinos Michailides, Founder and CEO of DGM Tech Solutions, outlined how artificial intelligence, blockchain, and outsourcing are affecting the industry. The conversation took place a...
Cryptocoins News / Finance Magnates - 2 days ago
JPMorgan Chase will allow customers to use its credit cards to purchase cryptocurrency on Coinbase, following a new partnership between the two firms announced Wednesday.The rollout will begin in fall 2025, enabling Chase cardholders to fund their Co...
Cryptocoins News / Finance Magnates - 2 days ago
Cryptocurrency exchange Kraken is pursuing $500 million in fresh funding at a $15 billion valuation, people familiar with the matter told The Information, marking a significant step up from its previous $11 billion price tag in 2022.Kraken Is Buildin...
Cryptocoins News / Finance Magnates - 3 days ago
The U.S. Securities and Exchange Commission on Monday approved new rules allowing authorized participants to create and redeem shares of crypto exchange-traded products (ETPs) using in-kind transfers of bitcoin and ether. The decision departs from th...
Cryptocoins News / Finance Magnates - 5 days ago
The Australian financial market regulator has warned against the cryptocurrency exchange Bitget, which has been offering “unlicensed” futures products with 125:1 leverage. The exchange does not hold the proper local licence to offer crypto derivative...
Cryptocoins News / Finance Magnates - 1 week ago
Revolut has reinstated its crypto staking services for customers in Hungary following a temporary suspension triggered by new government regulations, Coindesk reported.The digital bank halted most of its cryptocurrency features in Hungary earlier thi...
Cryptocoins News / Finance Magnates - 1 week ago
Bybit has entered a strategic partnership with Tether to promote cryptocurrency adoption in Brazil. Bybit ranks second in global cryptocurrency trading volume. Tether is the issuer of USDT, the most widely used stablecoin globally.Plans for Crypto in...
Cryptocoins News / Finance Magnates - 1 week ago
Hidden Road has expanded its prime brokerage services by adding support for over-the-counter (OTC) options on digital assets. The new offering allows institutions to execute OTC options and apply cross-margining with their other crypto holdings.Launc...
Cryptocoins News / Finance Magnates - 1 week ago
Binance has integrated Circle’s USYC token into its platform, allowing institutional clients to use this tokenized money market fund as off-exchange collateral in derivatives trading. This collaboration aims to meet growing institutional demand for t...
Cryptocoins News / Finance Magnates - 1 week ago
A new report from cryptocurrency exchange MEXC reveals that most Generation Z crypto traders now rely on artificial intelligence tools to guide their investment decisions. The findings highlight how automation and AI-driven strategies are reshaping c...
Cryptocoins News / Finance Magnates - 1 week ago
Finvasia has taken a stake in Genius Digital Partners, the developer of UGold, after supporting the firm passively for several months. The decision to add the company to Finvasia’s holdings came after the tokenised gold continued to gain traction in...
Cryptocoins News / Finance Magnates - 1 week ago
The FBI ended its investigation into Jesse Powell over alleged hacking of a nonprofit. Powell faces no criminal charges, and the devices seized have reportedly been returned.According to Fortune report, the FBI has officially closed its criminal inve...
Cryptocoins News / Finance Magnates - 1 week ago
Polymarket has acquired the parent company of QCEX, a CFTC-licensed exchange and clearinghouse, in a $112 million deal that paves the way for the crypto prediction market’s return to the United States.Based on the sale's terms, Quadcode Group will as...
Cryptocoins News / Finance Magnates - 1 week ago
Fintech has long been obsessed with building the next great app. From neobanks to DeFi protocols, the playbook has been to launch a standalone product and then convince users to download it, create an account, and learn a new interface. But this mode...
Cryptocoins News / Finance Magnates - 2 weeks ago
President Donald Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into law on Friday, marking the United States' first formal step toward regulating digital assets. The legislation focuses on defining an...
Cryptocoins News / Finance Magnates - 2 weeks ago
Cryptocurrency exchange KuCoin has introduced xStocks, a new product offering tokenized versions of major U.S. equities, including Tesla, NVIDIA, and the S&P 500 ETF. The assets are now available for trading on KuCoin and are denominated in USDT....
Cryptocoins News / Finance Magnates - 2 weeks ago
The GENIUS Act, which sets out a framework for stablecoins in the US, has received the lawmakers' approval in the House of Representatives, clearing its way to become the first major crypto law in the country.A Signature Away from Becoming LawThe Gui...
Cryptocoins News / Finance Magnates - 2 weeks ago
UK regulators have seized seven cryptocurrency ATMs during coordinated raids on four properties in southwest London. The operation was carried out jointly by the Financial Conduct Authority and the Metropolitan Police Service.FCA Seizes Crypto ATMs i...
Cryptocoins News / Finance Magnates - 2 weeks ago
In mid-2022, the crypto markets faced a brutal reckoning. Over $2 trillion in market capitalization evaporated in a matter of months. The collapse of Terra, followed by cascading failures like Celsius, Voyager, and Three Arrows Capital, exposed a fra...
Cryptocoins News / Finance Magnates - 2 weeks ago
The push by big banks towards a blockchain-based financial system is becoming more noticeable. Citi’s CEO, Jane Fraser, recently revealed that her bank is “looking at the issuance of a Citi stablecoin.” She added that the Wall Street firm is also con...
Cryptocoins News / Finance Magnates - 2 weeks ago
Kraken has launched Kraken Derivatives US, a regulated service offering U.S. clients direct access to CME-listed cryptocurrency futures. The move follows Kraken’s acquisition of retail futures broker NinjaTrader, a deal that laid the foundation for i...
