Komainu, a cryptocurrency custody firm co-created by crypto investment firm CoinShares, hardware wallet company Ledger and Japanese Nomura, has been granted major regulatory approval in the United Kingdom. The company has been given the green light by the U.K. Financial Conduct Authority (FCA) to register as a custodian wallet provider under the Money Laundering, Terrorist […]
MetaMask, a wallet provider, has developed a new feature called MetaMask Snaps to give users more insights into their transactions and interactions within the application. Francesco Andreoli, the head of the developer community at ConsenSys, spoke about how they ensure that the feature is secure for users. He highlighted the importance of consent and ensuring […]
PrimeXBT has rapidly expanded its Crypto Futures platform, adding support for 20 new Altcoin pairs including Dogecoin. This major expansion demonstrates the exchange’s commitment to rapidly improving its Futures offerings to attract more traders. The full list of newly added assets includes ADA/USD, ALGO/USD, AVAX/USD, AXS/USD, DOGE/USD, DOT/USD, EGLD/USD, EOS/USD, FIL/USD, FTM/USD, ICP/USD, KLAY/USD, LINK/USD, […]
Charles Edwards, founder of the Capriole Fund, recently observed the hodl waves for long-term Bitcoin holders. He noted that the recent surge in long-term Bitcoin holders is comparable only to 2016, and that this jump will have big consequences in 2024. Edwards also pointed out that this was not seen in the last bull cycle, […]
The Canadian Securities Administrators (CSA) has provided guidance to the trading of stablecoins on crypto exchanges in the country. The update comes months after major exchanges, including Binance, halted operations in the country due to regulatory developments.The CSA has acknowledged that stablecoins, which it terms as “value-referenced crypto assets,” may constitute securities or derivatives. The […]
Elon Musk, the billionaire entrepreneur, is facing a lawsuit from the U.S. Securities and Exchange Commission (SEC) for failing to comply with a subpoena for his testimony related to his acquisition of Twitter/X shares. The SEC has accused Musk of not appearing for a testimony scheduled for September 15, which had been served to him […]
Ripple’s XRP is following a bullish path above the $0.50 pivot zone. A major rising channel is forming with support near $0.5140 on the 4-hour chart. The price could dip to $0.5140 before it marches higher and clears the $0.550 resistance.Earlier this week, the XRP price increased strongly from the $0.505 support zone. The price […]
Yassin Mobarak, founder of the private equity firm Dizer Capital, believes that the United States Securities and Exchange Commission (SEC) could withdraw all accusations against Ripple and its CEO Brad Garlinghouse. Mobarak claims that the SEC is using litigation to maintain uncertainty in the crypto sector and that a trial could expose their corruption. The […]
Lennix Lai, the global chief commercial officer at crypto exchange OKX, recently spoke with Cointelegraph at the Blockchain Economy Summit in Dubai. He discussed the differences between working in traditional finance and crypto, how OKX handled the wave of exchanges implementing mandatory Know Your Customer (KYC) checks, and how the exchange navigates the rapidly changing […]
Hong Kong is making progress in allowing individual investors to trade cryptocurrencies, but retail stablecoin trading is not yet allowed. Christian Hui, the Secretary for Financial Services and the Treasury, recently stated that Hong Kong has not adopted regulations for stablecoins like Tether USDT and USD Coin USDC, meaning retail investors are not allowed to […]
