crypto — Page 2 of 3
54 total articles about crypto.
Report: Russia Designates Ukrainian Crypto Exchange as ‘Undesirable' Organization
WhiteBIT banned in Russia The Russian government has recently declared WhiteBIT, a Ukrainian crypto exchange, as an “undesirable organization.” This ban effectively prohibits any of the company’s operations within the country and criminalizes any involvement or association with the exchange. This development has caused
Crypto custody startup BitGo aims to raise about $201 million in US IPO
What is BitGo? BitGo is a leading digital asset financial services provider that offers secure storage, custody, and trading solutions for cryptocurrencies and digital assets. Founded in 2013, BitGo has become a trusted partner for institutions and individuals looking to manage their digital wealth. The Need for Crypto
Lloyds Bank completes UK's first gilt purchase using tokenized deposits
Archax and Canton Network: As two leading players in the crypto industry, Archax and Canton Network were the perfect partners for Lloyds in this transaction. Archax is a digital assets exchange platform that offers institutional-grade services and deep liquidity. With a focus on security and compliance, Archax is a tru
Anti-Crypto Commissioner Exits SEC, Signaling Pro-Innovation Shift for Digital Assets
New SEC Chair Signals Support for Crypto Innovation The appointment of Gary Gensler as the new Chair of the Securities and Exchange Commission has been met with anticipation and excitement by the crypto community. Gensler, a former Goldman Sachs executive and professor at MIT, is known for his expertise in blockchain t
Coinbase CEO says reopening GENIUS Act is ‘red line,' slams bank lobbying
Reopening the GENIUS Act The GENIUS Act, or the “Growing and Empowering Minority Depository Institutions and Credit Unions” Act, was introduced in 2020 as a way to help minority depository institutions (MDIs) and credit unions access capital and support. However, recently there have been discussions about reopening the
MSCI's crypto treasury rules could spur $15B of forced selling
The Impact of MSCI Exclusion The potential exclusion of crypto treasury firms from MSCI indexes has sparked concerns and debates within the crypto community. This move could have a significant impact on the market and the companies involved. What is MSCI? MSCI, also known as Morgan Stanley Capital International, is a l
Crypto exchange Hashkey raises $206 million in Hong Kong IPO, source says
HashKey Holdings Goes Public with HK$1.6 Billion IPO Introduction HashKey Holdings, Hong Kong's largest licensed crypto exchange, is making headlines as it prepares to go public with its highly anticipated initial public offering (IPO). The company is set to raise a whopping HK$1.6 billion ($206 million) after pricing
Standard Chartered, Coinbase deepen alliance to build institutional crypto infrastructure
The Partnership Standard Chartered, a leading international banking group, and Coinbase, one of the largest cryptocurrency exchanges, have announced an expansion of their partnership. The two companies will work together to develop trading, custody and financing services specifically tailored for institutional crypto c
Kraken Agrees to Buy Tokenization Specialist Backed Finance as RWA Trend Accelerates
XStocks: A New Era of Tokenized Equity XStocks is a groundbreaking platform that brings traditional equity investments to the world of cryptocurrencies. It allows users to invest in tokenized stocks, giving them access to some of the biggest companies in the world, all through the use of blockchain technology. What is
KuCoin Pay integrates with Brazil's Pix payments network
Adoption in Brazil: The adoption of cryptocurrency in Brazil has been on the rise in recent years. With a population of over 211 million, Brazil has become a hot spot for cryptocurrency adoption. The country has a high percentage of unbanked individuals, making it an ideal market for alternative forms of currency. Bitc
Crypto exchange Kraken confidentially files for US IPO
What is an Initial Public Offering (IPO)? An Initial Public Offering, or IPO, is the process by which a private company offers its shares to the public for the first time. This allows the company to raise capital and become publicly traded on a stock exchange. For crypto exchanges like Kraken, an IPO can provide a majo
Japan's FSA plans to classify crypto as financial products, eyes 20% tax rate: Report
Regulatory Changes in Japan Japan's Financial Services Agency (FSA) has recently announced its plans to reclassify cryptocurrencies as financial products. This move is a significant step towards regulating the crypto market and providing more security and stability for investors. Disclosure and Insider Trading Rules In
21shares launches two US crypto index ETFs
Introducing 21shares' Crypto ETFs 21shares, a Swiss-based digital assets manager, has recently launched its first exchange-traded funds (ETFs) that track the prices of a basket of cryptocurrencies. The ETFs are specifically designed for U.S. investors, making it easier for them to access the growing crypto market. What
Coinbase's New Platform Brings Back Digital Token Offerings
Introducing the Coinbase Token Sale Platform The popular cryptocurrency exchange Coinbase (COIN) is launching a new token sale platform, which aims to revolutionize the way projects raise funds through public offerings. With this new platform, Coinbase hopes to address the issues that plagued the ICO boom of 2017-2018,
Majority of traditional hedge funds now exposed to crypto assets: Survey
Traditional Hedge Funds Embrace Crypto As the cryptocurrency market continues to gain mainstream attention and adoption, traditional hedge funds are also taking notice. According to the Alternative Investment Management Association (AIMA), over half of traditional hedge funds are now investing in crypto assets. This is
21Shares files for Hype ETF amid robust crypto allure
Hype Token ETF in the Works The proposed ETF, named the Hype Token ETF, will be listed on the New York Stock Exchange under the ticker symbol HYPE. It will track the price of Hype token, a popular cryptocurrency that has gained significant traction in the market in recent months. The ETF will provide investors with a c
Crypto Prime Broker FalconX to Buy ETF Provider 21Shares: WSJ
Expanding into ETFs FalconX's acquisition of a brokerage firm marks a major step in the company's growth and diversification strategy. By expanding into the ETF market, FalconX will be able to offer institutional clients a wider range of investment options and tap into a rapidly growing sector of the cryptocurrency mar
South Carolina dismisses its staking lawsuit against Coinbase, joining Vermont
Lawsuit Dismissed South Carolina has become the latest US state to dismiss its lawsuit against crypto exchange Coinbase over its staking services. The lawsuit, which was officially dismissed in a joint stipulation between the crypto exchange and the South Carolina Attorney General's securities division on March 27, had
Fidelity Files for OnChain U.S. Treasury Fund, Joining the Asset Tokenization Race
. Introduction: Exploring the Growth of Tokenized Money Market Funds What are Tokenized Money Market Funds? Tokenized money market funds are a type of investment vehicle that allows individuals and institutions to invest in a diversified portfolio of low-risk, short-term debt securities. These funds are typically manag
South Korea eyes KuCoin, BitMEX in crypto exchange crackdown
Possible Sanctions for Non-Compliant Exchanges The FIU has identified several crypto exchanges that have not registered with the appropriate authorities, which is a violation of the country's laws on financial transactions. These exchanges may face fines, suspension of operations, or even potential shutdowns if found g
Pakistan eyes crypto legal framework to spur foreign investors
Regulatory Clarity for Crypto in Pakistan Pakistan, a Central Asian country, is making moves to attract international investors by creating a legal framework for crypto. The Pakistan Crypto Council CEO, Bilal Bin Saqib, stated in an interview with Bloomberg on March 20 that the country is no longer content with sitting
Treasury Secretary Wants US to Take 'Worldwide Lead' in Crypto
The Potential of Crypto: A Global Perspective Crypto has been a hot topic in the financial world, with many experts predicting its potential to revolutionize the way we handle transactions and store value. This has been further amplified by recent statements from top government officials and influencers, signaling a gr
Trump Admin Throws Weight Behind Bill to Repeal Anti-DeFi IRS Crypto Tax Rule
Crypto Tickers: BTC, ETH, XRP Trending Hashtags: #cryptocurrency #blockchain #crypto What is the Resolution? The resolution in question is House Joint Resolution 115, which aims to overturn a regulation put in place by the Consumer Financial Protection Bureau (CFPB) that restricts the use of mandatory arbitration claus
Coinbase Launches Inquiry Into Costs of SEC's War on Crypto
SEC's Actions Against Crypto: The Securities and Exchange Commission (SEC) has been cracking down on the cryptocurrency industry, causing concern and confusion among investors and businesses alike. This has led to many companies and individuals taking action to better understand the extent of the SEC's involvement and