Finance Magnates London Summit (FMLS) is already shaping up to be one of the most anticipated events of the year. The summit will be held on November 20-22 at Old Billingsgate, emphasizing Web3 and the future of payments in the Metaverse. Indeed, as we edge closer into the digital domain of Web3, the way the […]
Tag: STO
Binance and CEO Zhao Seek Court Approval to Dismiss SEC Lawsuit
Binance, its US arm Binance.US, and Changpeng Zhao “CZ” have officially filed a joint motion in court to dismiss the lawsuit brought against them by the Securities and Exchange Commission (SEC). Binance Files Motion to Dismiss SEC Lawsuit In the motion filed yesterday (Thursday), crypto exchanges and CZ claimed that the US regulator had overstepped […]
Has Bitcoin Surpassed Visa?
Since Bitcoin’s launch in 2009, the digital currency ecosystem has changed tremendously. Bitcoin has evolved from an experimental experiment to a household name, attracting the attention of investors, corporations, and governments all over the world. One recent debate has been whether Bitcoin, frequently referred to as “digital gold” and a store of value, has surpassed […]
Galaxy Digital reveals plans of ‘aggressively’ expanding in Europe
Galaxy Digital names Leon Marshall its head of Europe operations. The crypto company had recently partnered with DWS in Europe. Galaxy Digital shares are down about 30% versus their YTD high. Galaxy Digital just revealed plans of expanding its footprint in Europe. Its shares are keeping about flat at writing. Leon Marshall to head Galaxy’s […]
Crypto Market Turmoil Ahead? Binance Predicts Massive Stablecoin Delisting
Binance has raised concerns about how the Market in Crypto Asset (MiCA) regulation will apply to decentralized and foreign issuers. One of the exchange’s concerns is its provisions regarding stablecoins. These digital assets, whose values are tethered to traditional assets like fiat currency or precious metals, are facing a critical moment as MiCA’s provisions on […]
Crypto Industry Ramifications of FTX Suing LayerZero Labs
Legal disagreements can have far-reaching effects in the fast-paced world of cryptocurrency and blockchain technology. The recent lawsuit brought by FTX against LayerZero Labs has piqued the interest of the crypto community. While legal conflicts in the crypto realm are not uncommon, this case is gaining attention due to the high-profile nature of the people […]
Bitcoin’s Resilience in the Face of Challenges: Lessons from Recent Events
The cryptocurrency sector is sometimes fraught with upheaval, yet maybe no digital asset exemplifies resilience more than Bitcoin. Bitcoin has encountered various hurdles throughout its existence, ranging from regulatory scrutiny to market crashes, yet it has continually survived these storms and emerged stronger. In this article, we look at recent events that put Bitcoin to […]
Galaxy Digital Turns to Europe: Appoints New Regional CEO amidst US Regulatory Uncertainty
As the United States tightens its grip on cryptocurrency regulations, Galaxy Digital has set its sights on Europe, appointing Leon Marshall, a seasoned executive from the crypto industry, to spearhead its expansion efforts. This move is in response to what Galaxy Digital’s CEO, Mike Novogratz calls a “legislative stalemate” in the United States. In June, […]
Binance could delist multiple stablecoins as MiCA takes effect next year
Key takeaways A Binance executive has warned that the exchange could delist multiple stablecoins soon. The delisting will be fueled by the EU’s MiCA regulation taking effect next year. Binance to delist multiple stablecoins A Binance executive has warned that the cryptocurrency exchange could delist multiple stablecoins from its platform. The delisting could happen as […]
The UK’s FCA Sends Final Warning as Crypto Regulation Deadline Nears
As the 8 October 2023 deadline approaches for activating the new financial promotions regime for digital assets, the UK’s Financial Conduct Authority (FCA) issued its last advisory warning today (Thursday), urging crypto companies targeting UK consumers to brace for the forthcoming regulatory adjustments. UK Government Tightens Regulations on Cryptoasset Promotions The UK Government has recently […]
