Category : Finance Magnates

Finance Magnates

New Zealand Regulator Rules NZDD Stablecoin, Citing “Not a Financial Product”

New Zealand’s financial regulator has determined that the NZDD stablecoin does not qualify as a financial product. The decision follows an assessment conducted through the country’s financial technology sandbox program. Lawyers involved in the proces...

Bitpanda's Profit Falls 75%, Firm Blames Pre-IPO Spending Push

Bitpanda reported €371 million ($430 million) in adjusted revenue for fiscal year 2025, a 16% gain from the year before, as the Vienna-based crypto broker added users and stretched its product lineup. Profitability, however, told a different story: a...

U.S. Justice Department Launches Inquiry Into $1B Iran-Tied Transfers at Binance: Report

The U.S. Justice Department is investigating whether Iranian networks used cryptocurrency exchange Binance to move funds and evade American sanctions, according to a report by The Wall Street Journal.The probe focuses on more than $1 billion in crypt...

Ripple Seeks Australian License as It Expands Regulatory Footprint

Ripple said it plans to obtain an Australian Financial Services License (AFSL) through the acquisition of local firm BC Payments Australia, extending its regulated payments business in the Asia-Pacific region. If approved, the license would allow Ri...

Cryptocurrency Hack Losses Fall 87% in February as Scammers Shift to Phishing

As crypto investors caught their breath after a bruising start to the year, the tide of digital heists appeared to ease in February. According to new data from Nominis, hackers and scammers stole roughly $49.3 million across major incidents, down sha...

Crypto Fraud Tops UK Agenda as £14B Losses Spur New Strategy

Fraud cost the UK economy £14.4 billion between 2023 and 2024, and the government plans to spend £250 million over the next three years to fight back. In its newly published 2026–2029 fraud strategy, the Home Office identified cryptocurrency scams as...

There Are Many Obstacles Behind the CLARITY Act Delay, but Stablecoin Yield Is Not One

By the time another headline declares the CLARITY Act stalled because "crypto bros want yield," we have already lost the plot. The narrative that stablecoin rewards alone are holding up America's first comprehensive digital asset market structure fra...

Dollar-Pegged Stablecoins Surge to $313B in Risk-Off Pivot amid US–Iran Tensions

Investors continue to move into dollar-pegged tokens as geopolitical risk and prolonged weakness in crypto markets push them toward perceived safety on-chain. The total stablecoin market capitalization hit a record $313 billion on Sunday, underscorin...

Dollar-Pegged Stablecoins Surge to $313B in Risk-Off Pivot amid US–Iran Conflict

Kraken Teams Up with Nasdaq to Bring Traditional Stocks onto Blockchain Networks

The parent company of crypto exchange Kraken Payward and Nasdaq will jointly develop an infrastructure connecting tokenized equity markets with decentralized blockchain networks.According to Monday announcement, xStocks framework will power the permi...

CySEC Regulated Coinbase Expands OTC Derivatives Offering Across the EEA

Cryptocurrency exchange Coinbase has launched new futures contracts for users in Europe. The rollout provides access to both crypto and traditional market exposure through regulated products.The offering is Coinbase’s first under its MiFID II licence...

Why NYSE’s Parent Is Betting on OKX to Rebuild U.S. Market Structure

The owner of the New York Stock Exchange is moving deeper into crypto. Intercontinental Exchange (ICE) has taken a minority stake in exchange OKX, linking one of Wall Street’s key infrastructure operators with a major global trading platform. The inv...

Russian Central Bank Proposes Allowing Banks and Brokers to Obtain Crypto Licenses

The Bank of Russia has proposed allowing banks and brokerage firms to obtain licenses to operate crypto exchanges, a move that would place traditional financial institutions at the center of the country’s future regulated digital asset market. The p...

Kraken Just Plugged Into the Fed’s Payment System. Here’s Why It Matters

Crypto firms have spent years trying to gain direct access to the plumbing of the U.S. financial system. Kraken has now become the first to get it.The decision could reshape how digital-asset firms move dollars and interact with the traditional finan...

Bitcoin Miner Core Scientific Bets on AI Boom With $1 Billion Backing From Morgan Stanley

Core Scientific has secured a financing agreement with Morgan Stanley worth up to $1 billion to expand its digital infrastructure operations. The company completed the initial $500 million closing of a 364-day loan facility, which includes an option...

Dubai Regulator Says KuCoin May Be Serving Residents “Without Approval”

Dubai’s virtual asset regulator has issued a public warning about crypto exchange KuCoin, saying the platform may have offered services to residents of Dubai without regulatory approval.The regulator has previously taken enforcement action against fi...

Tradeweb Enters Institutional Crypto Market, Leads Crossover $31M Series B Round

Crossover Markets has raised $31 million in a Series B round led by Tradeweb Markets, valuing the digital asset trading technology firm at $200 million. The deal marks Tradeweb’s first move into institutional crypto trading as it partners with Crosso...

US Crypto Perps Are Coming Within a Few Weeks, Says CFTC Chair

The US’ top derivatives regulator is gearing to open the door to crypto perpetual futures. Speaking on Tuesday at the Milken Institute’s Future of Finance conference, Michael Selig, Chairman of the Commodity Futures Trading Commission (CFTC), said th...

Kraken Becomes First US Digital Asset Bank with Direct Federal Reserve Access

Kraken has received approval for a Federal Reserve master account, allowing its banking unit, Kraken Financial, to access the Fed’s core payment systems directly. The move makes it the first U.S. digital asset bank to operate on the same payment rail...

Iran Crypto Market “In the Dark”: Trading Volumes Plunge 80% After Strikes

When US-Israeli strikes on Iran began last weekend, local crypto activity did not explode in a rush for the exits. Instead, transaction volumes and flows on Iranian platforms fell sharply as authorities enforced sweeping internet restrictions and exc...

Nasdaq Wants Investors to Make Yes or No Bets on Its Index amid Event-Trading Boom

Nasdaq has filed a request with the U.S. Securities and Exchange Commission (SEC) to list binary options tied to the Nasdaq‑100 index and its smaller micro version. Nasdaq’s filing follows Cboe’s similar plans to offer prediction‑style derivatives. B...

US Military Action Against Iran Exposes Split Between Polymarket and Kalshi Models

US and Israeli strikes on Iran over the weekend sent shockwaves through prediction markets, exposing sharp operational contrasts as hundreds of millions of dollars were wagered under pressure.How Polymarket Handled the Iran Shock Polymarket alone saw...

Crypto Spot OTC Rises 109% YoY as CEX Spot Growth Remains Muted: Finery Markets

Institutional crypto spot trading is increasingly distributed across OTC desks, derivatives venues, and hybrid execution models, while growth in centralized exchange order books remains relatively subdued. Institutional crypto spot over-the-counter...

British Gamblers Could Soon Pay with Crypto as FCA Eyes New Rules

The United Kingdom’s Gambling Commission is considering the possibility of allowing cryptocurrency payments at licensed online casinos, in line with the Financial Conduct Authority’s proposed rules for cryptoasset firms. The FCA consultation, which m...

Richard Teng Explains Why Binance Chose Greece for Its EU MiCA License

Binance co-CEO Richard Teng defended seeking the exchange’s European MiCA license in Greece, citing its labor force and security as key reasons for the choice. Speaking at the GFTN Forum in Tokyo, Teng said that although the Markets in Crypto-Asset...

	The Riveting World of Bombay Club
	SOCIAL GOOD 100$ free sign up bonus + 100% Cashback on daily purchases
	Ethereum Expected to Thrive in 2023
	How To Get Started On Cryptocurrency Gaming
	5 Important Features of White Label NFT Marketplace
	How to get started with crypto gambling
	Best 7 Web3 Apps That Pay You Crypto
	6 Must-Have Tools For Crypto Traders
	Can Ethereum 2.0 Be Converted to Cash?
	Cryptocurrency in Gambling: Features and Benefits
	What are the Core Facets of a Successful Cryptocurrency?
	Cost to Develop Your Own Cryptocurrency Website
	EgldRush - The best Elrond NFT project Farming, Staking, Rewarding
	Choosing a Safe Cryptocurrency Exchange 2022
	Let's Talk About Security in Crypto