Alchemy Pay, a cryptocurrency payment gateway, has recently acquired a Money Transmitter License in the state of Arkansas, USA. This license allows the company to offer a wide range of financial services, including the sale and issuance of payment instruments, stored value, prepaid access, as well as the receipt and transmission of money, virtual currency, […]
The Australian Securities and Investments Commission (ASIC) has initiated legal proceedings against Bit Trade, the operator of the Kraken cryptocurrency exchange in Australia. ASIC alleges that Bit Trade neglected to establish a target market determination before offering its margin trading product to Australian clients, in violation of design and distribution requirements for financial product providers […]
Bitcoin – the world’s largest cryptocurrency – is a “bargain” today, according to Robert Kiyosaki, the renowned author of Rich Dad Poor Dad. He recommends taking advantage of the recent weakness to build a position in the “future” at a discount. On-chain activity has increased to levels not seen since April, and there are a […]
Bitget is a crypto exchange that has been at the forefront of the crypto revolution for the past five years. It was founded by a group of traditional finance experts and innovators with the goal of reshaping the digital landscape. Bitget offers a variety of unique offerings for the EN market, such as welcome bonuses, […]
PayPal has announced that its PYUSD stablecoin is now available on Venmo. The payments firm said that the stablecoin, which is pegged to the U.S. dollar, is already available to Venmo users and will be “rolling out fully in the coming weeks”. The stablecoin is issued by Paxos Trust and is fully backed by U.S. […]
OKX, a leading crypto exchange and Web 3.0 technology company, announced today that it has successfully completed the SOC 2 Type II audit, demonstrating that the company’s processes for governing its services, managing sensitive data and protecting data privacy meet the highest global standards. The internationally recognized SOC 2 Type II report is one of […]
David Hirsch, the United States SEC crypto enforcement chief, has issued a warning that more punishment and charges are imminent for the crypto industry. Hirsch made it clear that the regulatory body has not yet exhausted its arsenal when it comes to the crypto space. Speaking at the Securities Enforcement Forum Central in Chicago, Hirsch […]
South Korea’s tax agency recently revealed that taxpayers have declared overseas cryptocurrency assets worth 130.8 trillion won ($98.5 billion) this year. This is a significant increase from the previous year’s figures, indicating the growing importance of cryptocurrencies in the country’s financial landscape.The National Tax Service outlined an increase in the total reported amount of overseas […]
SOTERIA, a leader in the cryptocurrency and blockchain industry, has announced a major expansion of its commitment to pioneering investor security. The platform is dedicated to setting new standards in security and has implemented innovative safety protocols to protect user data and transactions, as well as user funds. These protocols include advanced encryption, multi-factor authentication, […]
Grayscale Investments, the world’s largest digital assets manager, has submitted an application for an Ethereum futures exchange-traded fund (ETF) to the United States Securities and Exchange Commission (SEC). This application has been filed under the Securities Act of 1933, a regulatory framework typically used for commodities and Bitcoin ETFs. This is the second application for […]
