Financemagnates

Financemagnates

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Gold Backed Stablecoins Wait as Hong Kong Holds to Fiat-Only Rules

Gold Backed Stablecoins Wait as Hong Kong Holds to Fiat-Only Rules

Hong Kong has signaled that it is not moving quickly toward gold-backed stablecoins, despite growing global interest in asset-backed digital currencies. Recent

BitGo Takes the First Swing for Crypto Custody IPOs, Chasing Nearly $2B Valuation

BitGo Takes the First Swing for Crypto Custody IPOs, Chasing Nearly $2B Valuation

BitGo’s push to list its shares in New York marks a fresh test of how much confidence US investors still place in crypto infrastructure after a volatile stretch

Bakkt to Acquire Stablecoin Infrastructure Provider DTR Following Sale Speculation

Bakkt to Acquire Stablecoin Infrastructure Provider DTR Following Sale Speculation

Bakkt Holdings, backed by Intercontinental Exchange, has agreed to acquire Distributed Technologies Research, a stablecoin payments infrastructure provider. The

Scam-Yourself Attacks Are Spreading – and AI Is Making Them Harder to Spot

Scam-Yourself Attacks Are Spreading – and AI Is Making Them Harder to Spot

Cybercrime is increasingly targeting people, not devices. Attackers are using so-called “scam-yourself” techniques across everyday channels such as SMS, email,

Coinbase to Use Cyprus License to Offer Crypto Perps and Futures, Closes BUX's CFD Accounts

Coinbase to Use Cyprus License to Offer Crypto Perps and Futures, Closes BUX's CFD Accounts

Coinbase appears to be launching its services under its Cyprus-regulated entity, as its website has recently gone live and shows “perpetual-style and traditional

Elon Musk’s X Teases In-App Crypto Trading, but How Will It Work?

Elon Musk’s X Teases In-App Crypto Trading, but How Will It Work?

Elon Musk’s X is planning to add a Smart Cashtags feature for cryptocurrencies next month, which could allow users to buy and sell crypto directly from the social

Report: Iran’s Revolutionary Guard Moved $1 Billion Through UK Crypto Exchanges

Report: Iran’s Revolutionary Guard Moved $1 Billion Through UK Crypto Exchanges

Iran's Islamic Revolutionary Guard Corps (IRGC) shifted roughly $1 billion in cryptocurrency through two exchanges registered in the United Kingdom between 2023

Ripple Gets FCA Green Light for UK Payments via Local Unit, but with Tight Limits

Ripple Gets FCA Green Light for UK Payments via Local Unit, but with Tight Limits

Ripple has secured a key regulatory approval in the UK that lets its local subsidiary offer regulated payment services, while the country moves toward a full licensing

BingX Expands TradFi Futures as Crypto Platforms Move Closer to Broker Territory

BingX Expands TradFi Futures as Crypto Platforms Move Closer to Broker Territory

Crypto exchange BingX has launched BingX TradFi, a new feature offering futures tied to traditional assets. The move reflects a broader industry shift toward building

Crypto Firms Must Apply for FCA Authorisation Starting September This Year

Crypto Firms Must Apply for FCA Authorisation Starting September This Year

The UK’s Financial Conduct Authority has outlined requirements for firms seeking to undertake new regulated cryptoasset activities, with the application period