Cryptocoins News / Finance Magnates - 4 weeks ago
Ripple has completed the acquisition of non-bank prime broker Hidden Road and immediately rebranded the business as Ripple Prime. The rebrand positions Ripple to expand deeper into prime brokerage services while linking the business to its wider digi...
Cryptocoins News / Finance Magnates - 4 weeks ago
Crypto.com filed an application with the U.S. Office of the Comptroller of the Currency (OCC) to become a National Trust Bank in a major push to expand its custody and staking services for corporate and institutional investors.Digital assets meet tra...
Cryptocoins News / Finance Magnates - 4 weeks ago
B2C2, the institutional crypto liquidity provider acquired by Japanese SBI, has launched a new platform designed to simplify cross-chain stablecoin transfers and reduce operational risks. The aim is to provide continuous liquidity across major digita...
Cryptocoins News / Finance Magnates - 4 weeks ago
Cryptocurrency use in the United States has grown over the past year, but concerns over fraud and trust continue to dominate. New research from Sumsub, a global verification and anti-fraud firm, shows that one in three Americans have either experienc...
Cryptocoins News / Finance Magnates - 4 weeks ago
Kraken, the US-based crypto exchange now entering traditional finance, revealed that tokenised stocks on its platform have exceeded $5 billion across both centralised and decentralised venues. The number of unique holders of these tokenised stocks al...
Cryptocoins News / Finance Magnates - 4 weeks ago
The UK’s financial watchdog has sued crypto exchange HTX, alleging it unlawfully promoted digital asset services to British consumers. The move marks the latest step in the Financial Conduct Authority’s effort to bring global crypto operators under t...
Cryptocoins News / Finance Magnates - 4 weeks ago
Large Bitcoin holders, often called whales, are increasingly moving their holdings into exchange-traded funds. Asset managers, including BlackRock, are seeking to attract these early investors. Robbie Mitchnick, BlackRock’s Head of Digital Assets, to...
Cryptocoins News / Finance Magnates - 1 month ago
Coinbase is taking a major step into the world of decentralized fundraising. The crypto exchange has acquired Echo, an on-chain capital formation platform founded by crypto veteran Cobie, in a deal valued at around $375 million.Digital assets meet tr...
Cryptocoins News / Finance Magnates - 1 month ago
Evernorth Holdings, a Nevada-based company founded by former Ripple executive Asheesh Birla, plans to go public through a merger with Armada Acquisition Corp II in a transaction expected to raise more than $1 billion.Digital assets meet tradfi in Lon...
Cryptocoins News / Finance Magnates - 1 month ago
The Securities and Futures Commission participated in a seminar organised by the Association of Fund Administrators of Hong Kong and the Greater Bay Area last week. The event aimed to raise awareness of regulatory compliance standards in the digital...
Cryptocoins News / Finance Magnates - 1 month ago
Finery Markets has extended its liquidity partnership with Sage Capital Management, bringing institutional clients consolidated access to crypto markets through a three-way arrangement that includes connectivity provider Gold-i.The expanded agreement...
Cryptocoins News / Finance Magnates - 1 month ago
Chinese tech giants, including Alibaba-backed Ant Group and e-commerce firm JD.com, have paused their stablecoin plans under Hong Kong’s regulatory framework amid concerns raised by the mainland government over the private takeover of currency contro...
Cryptocoins News / Finance Magnates - 1 month ago
Japan’s three largest banks – Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group – are planning to jointly issue stablecoins, according to a report by the Nikkei business daily on Friday (today).Japan has been...
Cryptocoins News / Finance Magnates - 1 month ago
European law enforcement cracked down on a criminal network in Latvia last week, leading to the arrest of five alleged cybercriminals of Latvian nationality and two additional suspects. Authorities also dismantled five servers and seized 1,200 SIM-bo...
Cryptocoins News / Finance Magnates - 1 month ago
Ripple Labs, a big name in cross-border payments using blockchain, is raising at least $1 billion to procure XRP tokens to hold in a digital asset treasury (DAT), Bloomberg reported.Digital assets meet tradfi in London at the FMLS25.Ripple’s Big Bet...
Cryptocoins News / Finance Magnates - 1 month ago
The Bank of England moved to calm industry concerns this week, emphasizing that proposed limits on stablecoin holdings and transaction sizes are only temporary.Digital assets meet tradfi in London at the fmls25The central bank aims to give the financ...
Cryptocoins News / Finance Magnates - 1 month ago
Ripple has agreed to acquire treasury management firm GTreasury in a deal valued at $1 billion, marking a major expansion of its business into corporate finance and liquidity management. The acquisition signals Ripple’s ambition to move beyond blockc...
Cryptocoins News / Finance Magnates - 1 month ago
Ripple has teamed up with Absa Bank to offer South Africa’s financial institutions access to institutional-grade digital asset custody. The partnership allows the bank’s customers to store cryptocurrencies and tokenized assets using Ripple’s custody...
Cryptocoins News / Finance Magnates - 1 month ago
Coinbase has announced an investment in CoinDCX, a cryptocurrency exchange operating in India and the Middle East. This follows previous investments made through Coinbase Ventures. The transaction is subject to regulatory approvals and other customar...
Cryptocoins News / Finance Magnates - 1 month ago
While protocol teams obsess over validator counts and geographic distribution, they ignore accountability through identity. The top 25 Solana validators control 45.5% of all stake, yet users delegating billions cannot identify them or assess alignmen...
Cryptocoins News / Finance Magnates - 1 month ago
CME Group has launched options trading on Solana (SOL) and XRP futures, offering institutional traders new ways to manage risk and diversify strategies in the crypto market. The contracts include standard and micro versions, with daily, monthly, and...
Cryptocoins News / Finance Magnates - 1 month ago
Kenya’s parliament has passed a bill to regulate digital currencies and virtual assets, moving the country closer to formal oversight of its fast-growing crypto market. The Virtual Asset Service Providers Bill, approved last week, now awaits Presiden...
Cryptocoins News / Finance Magnates - 1 month ago
The U.S. Department of Justice has seized about $15 billion in bitcoin linked to a man accused of running a large “pig butchering” crypto fraud in Cambodia. The DOJ said it is the largest forfeiture in its history, CNBC reported.Chen Zhi, also known...
Cryptocoins News / Finance Magnates - 1 month ago
Crypto asset manager Algoz has doubled its assets under management (AUM) to more than $200 million and will launch a Cayman Islands-based fund with a US Feeder, FinanceMagnates.com learned exclusively.Algoz Doubles AUM to $200M, Opens Cayman Fund for...
Cryptocoins News / Finance Magnates - 1 month ago
The Financial Conduct Authority has released plans to support tokenisation in asset management. According to the regulator, the initiative aims to promote innovation and efficiency across the sector, including new guidance to help firms adopt digital...
