Category: Crypto

Key Points: The Danish Financial Supervisory Authority has ruled that Saxo Bank’s proprietary cryptocurrency transactions are not within the legal business scope of financial institutions. Unregulated...

Crypto futures exchange OPNX has launched a credit currency for margin trading, according to a July 5 statement made to Cointelegraph from the exchange’s co-founder, Mark Lamb. Called “oUSD,” the curr...

The Danish Financial Supervisory Authority (Finanstilsynet) on July 4, 2023, issued a directive to Saxo Bank, instructing the financial institution to divest its holdings in cryptoassets. This move is...

Denmark’s Financial Supervisory Authority (FSA) ordered investment bank Saxo to divest its cryptocurrency holdings because financial institutions in the country are prohibited from crypto trading acti...

Crypto exchanges operating without a license after 30 November could invite enforcement action. 9.44% of South Africa’s total population owned cryptocurrency. South Africa has announced a deadline of ...

Key Points: Anchorage Digital has experienced a significant increase in business due to a growing demand for safer custody of assets in the crypto industry. The company reported an 80% jump in assets ...

Crypto exchanges will be classified as financial service providers. With an estimated 6 million people in South Africa owning cryptocurrencies, South Africa’s financial regulator has updated its crypt...

In Denmark, the financial regulator has instructed Saxo Bank to scrap its crypto holdings due to their unregulated status in the country. The Danish Financial Supervisory Authority (FSA) said that the...

The UK Financial Conduct Authority (FCA) has asked crypto firms marketing to UK customers to comply with its guidelines by October 8, 2023. As the UK moves to regulate crypto, its financial watchdog h...

The total value locked on liquid staking crypto protocols is rising on Solana’s blockchain: the trend is expanding outside Ethereum as well. As a result of the Shapella update and the integration of L...

Two Canadian teenagers recently executed a crypto hack, stealing $4.2 million from a U.S. victim. Last weekend, cross-chain bridge Poly Network suffered a hack worth $5-$10 million. July has hardly st...

Key Takeaways Crypto prices are rising sharply, with Bitcoin up 20% in the last three weeks The filing of a number of high-profile Bitcoin ETFs has pushed optimism in the market Under the hood, liquid...

The government of Taiwan has signaled plans to bar crypto from its 2024 presidential elections. The move aims to curb bribery and corrupt practices. The nation’s Supreme Court has prosecuted over 1,30...

As the crypto community continues to ride the wave of meme coins, a new contender is turning heads – Wall Street Memes ($WSM). During a massively successful presale that has now raised $12.5m, Wall St...

More than $300 million in digital assets were lost to crypto hacks and exploits in the second quarter of 2023, according to on-chain data compiled in the quarterly report by the blockchain security co...

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation,...

Former SEC official John Reed Stark highlighted the challenges posed by CBDCs. Comparing traditional financial institutions and crypto exchanges, he argued that the former is regulated while the latte...

Two teenagers from Canada have been apprehended and charged in connection with a cryptocurrency theft amounting to $4.2 million. According to reports on July 4, the accused individuals posed as Coinba...

CCData’s most recent report on the crypto market’s performance has unveiled some promising trends. After a dreary three-month dry spell, June signaled a revival with a notable increase in trade volume...

SPONSORED POST* With the rapid growth and increasing adoption of cryptocurrencies, many investors and traders are looking to enter this dynamic market. However, the vast array of established cryptocur...

The UK financial watchdog is calling on crypto firms to fall in line with the regulator’s new rules for ads by October.  The Financial Conduct Authority’s new rules target how companies communicate in...

The cryptocurrency market is experiencing a surge in activity and excitement as several projects gain significant momentum. Among them, DigiToads (TOADS) stands out with its skyrocketing presale, rais...

South Korea’s financial authorities are preparing for the second phase of virtual asset legislation to regulate various aspects of the country’s crypto market, local media ChosunBiz reported on June 5...

In the fast-paced world of cryptocurrencies, one platform has differentiated itself from the rest of the fray – Binance. What began in 2017 as a simple app and website for crypto transactions has sinc...

The UK’s Economic Crime and Corporate Transparency Bill passed a third reading after a meeting of the House of Lords (the Parliament’s upper chamber). If officially approved, the legislation will allo...

Cryptocurrency-friendly bank DBS is cooperating with mainland China on the development of a new payment solution for the digital yuan, also known as e-CNY. DBS Bank China officially announced on July ...

UK regulator warned that failure to comply with the latest guidelines is a criminal offense. There were 42 FCA-compliant crypto firms in the UK as of this writing. The financial regulator of the Unite...

Businessman Mark Cuban and former SEC official John Reed Stark recently had a Twitter exchange on how to tackle crypto regulation. Stark expressed caution about cryptocurrencies, while Cuban stressed ...

The last couple of months have seen a huge uptick in meme coins activity on the market. Several tokens have made huge waves, making fortunes for their early investors and now we are witnessing another...