Tag: Cryptocurrencies
SEC Sues Unicoin Executives Over Alleged $110 Million Crypto Fraud
Reading time: < 1 minuteThe US Securities and Exchange Commission has filed charges against New York-based Unicoin and three of its senior executives
US Votes in Favor of Key Cryptocurrency Regulation Bill
Reading time: < 1 minuteThe Senate advanced a key cryptocurrency regulation bill on Monday with bipartisan approval, after previously being stalled by unanimous Senate Democrat opposition.
UK Crypto Firms to Report Every Transaction
Reading time: < 1 minuteThe United Kingdom is embracing crypto with a focus on transparency, requiring detailed documentation for every user, trade, and transfer.
Wintermute Opens an Office in NYC
Reading time: < 1 minuteWintermute, a leading global algorithmic trading firm and OTC desk, has established its US headquarters in New York City, marking a key step in its American expansion.
Europol Dismantels a Mafia Crypto Bank
Reading time: < 1 minuteEuropean authorities dismantled a “mafia crypto bank” in a series of raids earlier this year, seizing weapons and over €2.5 million ($2.7 million) in real estate.
Robinhood Announces It Is Buying Canada-based Crypto Company WonderFi
Reading time: < 1 minuteRobinhood Markets Inc. shares rose on Tuesday following the announcement of its acquisition of the Canadian crypto trading platform, WonderFi Technologies, in an all-cash deal valued at approximately C$250 million ($178.9 million).
BitGo Wins MiCA License in Germany
Reading time: < 1 minuteCryptocurrency custodian BitGo has obtained a Markets in Crypto-Assets Regulation (MiCA) license from Germany’s Federal Financial Supervisory Authority, enabling it to offer crypto services across Europe.
Crypto.com Teams Up with Dubai to Allow Crypto Payments
Reading time: < 1 minuteDubai Finance (DOF) yesterday signed a Memorandum of Understanding (MoU) with the cryptocurrency exchange Crypto.com to enable cryptocurrency payments for government service fees.
SEC Commissioner Criticizes Ripple’s Settlement
Reading time: < 1 minuteCaroline Crenshaw, a US SEC Commissioner, suggested on May 8th that the SEC’s settlement with Ripple might lead to a regulatory gap.
OCC Says National Banks Can Buy and Sell Customers’ Crypto
Reading time: < 1 minuteThe OCC has given national banks the go-ahead to buy, sell, and custody digital assets for customers, effective immediately.
