<p>The UK’s financial market supervisor, the <a href=”https://www.financemagnates.com/terms/f/financial-conduct-authority-fca/” class=”terms__main-term” id=”4c85a54d-15e0-4e44-a214-8c55f71cb286″ target=”_blank”>Financial Conduct Authority (FCA</a>), announced on Monday that all local and overseas <a href=”https://www.financemagnates.com/cryptocurrency/cryptocurrency-fraud-in-uk-rises-by-32-to-270m/” target=”_blank” rel=”follow”>crypto companies marketing to UK consumers</a> must comply with the country’s upcoming new financial promotions regime.</p><p>FCA Warns “Robust Action” for Breaches</p><p>The financial market watchdog ordered cryptic companies to prepare for […]
Tag: STO
Investing In Osmosis (OSMO) – Everything You Need to Know
Osmosis (OSMO) operates as a high-performance blockchain ecosystem. The network includes the largest interchain DEX (decentralized exchange), a smart contract programmable blockchain, and DeFi functionalities. Notably, Osmosis operates in the fourth-generation Cosmos blockchain ecosystem, where it has become a popular project. Osmosis has a growing community of users. According to company documentation, the network averages […]
Exchange Updates – Binance WazirX Dispute Escalates, Kraken Pulls Out of Abu Dhabi, Bittrex Trims Staff, and More
January’s price returns for the digital assets market painted a streak of sanguine among participants recouping from compounded losses towards the end of Q4. Still, reverberations of the protracted market depression that was aggravated by the collapse of FTX and its affiliated firms in November are yet to recede from view. More than 14 firms […]
What is Token Gating & How Does it Work?
NFTs, or non-fungible tokens, are a new type of digital asset that is unique and non-interchangeable. NFTs are stored on a blockchain and can represent ownership of digital assets such as art, music, and other digital media. They have already seen widespread adoption in the digital art world thanks to their many benefits, including the […]
Crypto Influencer Tricked Into Promoting Site Detailing His Alleged Scams
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Dillon Danis, a Twitter user with nearly 342 million followers, was recently tricked into promoting a website that details a number of alleged scams he promoted. Danis was tricked into posting the expose disguised […]
Was Bitcoin’s January Rally Driven by “Smart Money”?
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Over the month, Bitcoin has returned to its highest level since August, gaining 41% to $23.5k. Is this a sign that institutional crypto investing is making a comeback? Data indicates that a lot of […]
The United Kingdom Publishes Draft Regulations for Crypto-Assets
The HM Treasury published a paper titled “Future financial services regulatory regime for crypto-assets,” on which it is seeking consultation from the audience and is calling for evidence this week. In the February 2023 consultation paper, Andrew Griffith MP, Economic Secretary to the Treasury, said that it is the government’s firm ambition for the UK […]
Crypto price predictions: SUSHI, Immutable X, AGIX
SushiSwap price jumped as volume and revenue in DEX platforms rose. Immutable X (IMX) did well after the launch of Passport. SingularityDEX token could be forming a double-top pattern. Bitcoin price held quite well this week as the market focused on the Federal Reserve decision, big-tech earnings, and the strong jobs numbers. As a result, […]
Binance Invests in Crypto Exchange GOPAX Years after South Korea Exit
<p>Binance, the world’s largest cryptocurrency exchange, has injected capital into the distressed South Korean crypto exchange, GOPAX, two years after it shut down its affiliate firm in the country due to low patronage. </p><p>Bloomberg reports that the crypto exchange purchased a majority stake in GOPAX. Earlier in the month, Finance Magnates reported that Binance was […]
One of Ledger’s Top Exec Leaves to Focus on a New NFT Project
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Jean-Michel Pailhon, Chief of Staff at Ledger, will be stepping down from his role at the company after six years, he said in a blog post on LinkedIn. The move comes as Pailhon plans […]
