Category: Crypto
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Elon Musk’s Twitter Transformation to “X” Could Turn It Into The Largest Crypto Exchanges!
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Elon Musk, the enigmatic entrepreneur, is no stranger to the world of cryptocurrencies. With his influential tweets often impacting the market, he has demonstrated a keen interest in the digital asset space. Now, with his recent announcement of renaming Twitter to “X” and changing its logo, speculation has arisen that…
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Binance With Regulatory Headache in Germany and Austria!
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This week, Binance, the world’s largest crypto asset trading exchange, withdrew its license application to the FMA. Moreover, the German BaFin is allegedly reluctant to authorize Binance as a crypto custodian. Recently, the company withdrew from the Netherlands and Cyprus due do regulatory issues. In the U.S. Binance is faced…
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Bitpanda Launches Crypto Leverage Trading Product!
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The option of leverage trading with cryptocurrencies is intended to enable platform users to react to short-term developments in the market. Austrian crypto platform Bitpanda is launching CFDs (Contract for Difference) for cryptocurrencies such as Bitcoin, Ethereum, or Solana.
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Crypto Finance Launches A Platform For Building Crypto Products!
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Until now, anyone who wants to offer crypto-finance products to their customers has had to gather many partly unregulated components on the market. The Swiss fintech Crypto Finance now wants to solve this problem.
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Swiss FinTech Centi Issues Franc Stablecoin As A Payment Alternative!
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Zurich-based payment startup Centi has launched a stablecoin tied to the Swiss franc. Several merchant acceptance systems have been developed around the Centi Franc.
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Crypto Payment Processor MoonPay Successfully Registered With The UK Regulator!
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The UK entity of crypto payment processor MoonPay has received the UK’s Financial Conduct Authority (FCA) license. Moonpay (UK) Limited appeared on the Registered Cryptoasset Firms list on 9 December 2022 and is the 40th cryptocurrency service provider authorized by the UK watchdog. It joins the likes of crypto ventures…
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Crypto Lender BlockFi Is Insolvent
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Following the collapse of the cryptocurrency exchange FTX, the U.S. bank BlockFi, which specializes in virtual currency, has now also filed for bankruptcy. More broadly, the BlockFi business has been on a knife-edge since the spring, when the collapse of several major crypto companies sent the market into a panic…
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RIPPLE Seeks Irish License As SEC Case Decision Looms!
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Ripple CEO Brad Garlinghouse told CNBC that the U.S.-based company has applied to the Irish Central Bank, the financial services regulator, for a virtual asset services provider license. The Ireland office will also give Ripple access to the country’s financial and technology talent pools. From Dublin, Ripple can develop and…
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Amazon Prime Is Working on FTX Story
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An 8-part series about the crashed crypto exchange FTX is being planned by Amazon.Avengers creators Anthony and Joseph Russo are to direct the series. Amazon has ordered a miniseries on FTX, reports Variety. The Russo brothers, who have directed some of the central films of the Marvel Cinematic Universe –…
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Crypto Exchange Bitpanda Receives A BaFin License
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The German Federal Financial Supervisory Authority BaFin grants Bitpanda the “license for custody and proprietary trading of crypto assets”. The company, which is registered as Bitpanda Asset Management GmbH in Vienna, has thus officially received a license from the German securities regulator for the custody and proprietary trading of crypto…