Top crypto lending firms, Gemini Trust Co, Celsius Network, and Voyager Digital Limited, are under investigation by the US Securities and Exchange Commission (SEC). High-interest rates attract regula...
Tag: firms
US Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate Crisis – Mining Bitcoin News
Eight U.S. lawmakers, including Senator Elizabeth Warren, have sent letters to top U.S.-based bitcoin mining firms questioning them about their crypto mining operations. “The extraordinarily high ener...
SEC Probes Three Crypto Firms in New Enforcement Review: Report
The U.S. Securities and Exchange Commission (SEC) is probing several cryptocurrency firms that offer high-interest yields amid a broader governmental effort to regulate digital assets. According to a ...
Crypto Firms Gemini, Celsius & Voyager Under SEC Probe for Offering Lending Services
As part of an investigation into companies that pay interest on virtual token deposits, the U.S. Securities and Exchange Commission (SEC) is scrutinizing crypto lending firms Gemini Trust Co, Celsius ...
Walmart Startup Hazel Acquires Two Fintech Firms to Develop Finance Super App
On January 26, Walmart’s fintech venture firm, Hazel, announced that it is acquiring two financial technology companies as it aims to develop a financial services super app where consumers can manage ...
Big Tech Continues Bleeding Talent As Two Youtube Execs Leave Their Roles For Crypto Firms ⋆ ZyCrypto
Advertisement     YouTube has lost two executives to the growing crypto industry. The news comes amid revelations of the company’s plans to adopt NFTs. Tech companies...
SEC Probes Crypto Firms for Offering Lending Products
The United States Securities and Exchange Commission (SEC) is scrutinizing three crypto companies, Celsius Network, Voyager Digital, and Gemini Trust, as a part of a broader investigation against cryp...
Valkyrie Files for ETF That Invests in Firms That Derive 50% Revenue From Bitcoin Mining Industry – Bitcoin News
The digital currency asset manager Valkyrie has applied for an exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The fund plans invest at least 80% of its net assets i...
Valkyrie aims for ETF linked to Bitcoin mining firms on Nasdaq
Crypto asset manager Valkyrie has filed an application with the United States Securities and Exchange Commission to trade an exchange-traded fund (ETF) with exposure to Bitcoin mining firms on the Nas...
Colizeum Collects $8.4 Million From Latest Round Joined By Leading Venture Capital Firms
Capital To Advance Ecosystem Development With SDK Alongside New Games Blockchain-powered mobile game development ecosystem, Colizeum, has announced the successful completion of its latest fundraising ...
Indonesian Regulator Moves to Ban Financial Services Firms by Dealing with Crypto
Indonesian market watchdog, the Otoritas Jasa Keuangan (OJK) has warned all financial service outfits operating in the country to abstain from dealing or facilitating transactions bordering on digital...
Indonesia’s Regulator Prohibits Financial Firms From Facilitating Crypto Trading – Regulation Bitcoin News
Indonesia’s Financial Services Authority (OJK) has prohibited financial firms from using, marketing, and/or facilitating crypto trading. The financial regulator also cautioned the public to always bew...
Local Firms Are Not Allowed to Offer Crypto Services (Report)
The top monetary watchdog of Indonesia – the Financial Services Authority (OJK) – reportedly prohibited local companies from using, offering, or facilitating cryptocurrency services. The regulator bel...
Crypto firms ignore Africa at their peril as continent set for major adoption
Even though the digital asset market seems to be witnessing a bit of a lull at the moment, the adoption of crypto-centric tech has continued to move forward with a full head of steam globally. Africa,...
Indonesia Regulator Bans Crypto Trading and Sales for Finance Service Firms
The Financial Services Authority of Indonesia, also known as the OJK, tightened its grip on trading crypto and facilitating sales in the fifteenth largest economy in the world. The OJK banned crypto-r...
Oman Invites Bids From Firms Interested in Creating Regulatory Framework for Virtual Assets – Regulation Bitcoin News
Authorities in the Middle Eastern state of Oman have asked specialized companies, interested in helping the country set up a regulatory framework for virtual assets, to submit their proposals. Interes...
Indonesia Bans Crypto Operations for Financial Firms
Arman Shirinyan Indonesia financial regulator adds new limitation for financial institutions that are working with digital assets The Financial Service Authority of Indonesia has warned numerous finan...
Mercado Libre Injects Liquidity into Crypto Firms Paxos & 2TM
Mercado Libre, a publicly traded retail giant, based in Argentina has injected an undisclosed sum of money into two regional cryptocurrency-focused firms, Paxos and 2TM Group. According to the company...
ASIC Selects 5 Regtech Firms to Solve Corporate Disclosure Challenges
The Australian financial market regulator, ASIC, has selected five regulatory technology (regtech) companies for the Business Research and Innovation Initiative (BRII) to find a solution for the chall...
E-Commerce Giant Mercado Libre Invests in Crypto Firms Paxos, 2TM
“As a leading technology company, we are actively evaluating the various innovations and opportunities around this market as it evolves, aiming to be a core participant in this disruption. Digital ass...
China Orders Entertainment and Tech Firms to Stay in Their Lane
Chinese regulators teamed up on Wednesday to issue a volley of orders that will crimp the expansion of the country’s entertainment and tech giants, including Alibaba, Tencent and TikTok-owner Bytedanc...
ETF firms will launch Web3 ETFs in the coming weeks
According to industry experts, more ETF providers will want to establish Web3 ETFs in the coming months since the trend provides access to crypto but with a different brand. Silver believes that aroun...
Firms in Singapore Shutter Crypto ATMs Amid Advertising Crackdown
Cryptocurrency ATMs are shutting down across Singapore after the Monetary Authority of Singapore (MAS)—the city-state’s financial services regulator— announced a crackdown on crypto-related adve...
Blossom Capital to support crypto-powered firms with $432 third fund
The funds from the Venture Capital firm, Blossom Capital, would be headed to European startups, the majority of which will be crypto-powered firms. They have NFTs but won’t disclose what, the Managing...
Auditing Firms Claim Crypto.com Lost $15 Million in Incident as Users Report Suspicious Activity – Bitcoin News
Crypto.com, a leading cryptocurrency exchange, experienced an incident on January 17 when some of its users reported strange activity in their accounts. The exchange acknowledged the event, and conduc...
Singapore prohibits crypto firms from advertising publicly
Authorities in Singapore have stepped up their regulatory oversight of the crypto industry, with new guidelines prohibiting crypto service providers from promoting their services and products to the p...
MAS Warns Crypto Firms Against Advertising Their Services to the Public
The Monetary Authority of Singapore (MAS) has issued a stern warning to crypto firms against advertising their services to the general public. The financial regulator on Monday released a set of guide...
Drone Stocks To Buy And Watch As Military, Commercial Firms Invest In Technology
Drone stocks are on the rise as the military invests in new drone platforms and the FAA establishes rules for commercial drones, opening up the possibility of drone delivery services. X As of Janurary...
Crypto Firms Can’t Outrun the Travel Rule
None of that has turned out to be true. In contrast, the onset of regulation is strengthening trust to the industry and is promising to be a great boon to the industry. Since Bitcoin emerged 12 years,...