HONG KONG – The virtual assets scene in Hong Kong is witnessing significant growth as two major financial institutions, Interactive Brokers and Victory Securities, have received regulatory approval to provide currency trading services electronic. This development comes amid the city’s ongoing efforts to establish a strong regulatory framework for digital assets, following recent investor losses […]
Tag Archives: online money receipt format
South Korean cryptocurrency exchange Gopax is facing increased scrutiny and uncertainty as Binance, the world’s largest cryptocurrency exchange, encounters regulatory headwinds. The Korean Financial Services Commission is closely examining Binance’s previous acquisition of Gopax shares. The move follows a lawsuit by the US Securities and Exchange Commission (SEC) that raised questions about Binance’s compliance practices. […]
© Reuters. Fueled by growing interest in Ordinals NFTs, Bitcoin transaction fees rose to a six-month high, eclipsing transaction fee income for the first time in three years. Data from IntoTheBlock shows a significant increase in fees over both one- and three-month periods. Although these fees are still below the peak on May 8 and […]
NFT platform BLUR saw a significant increase in the value of its tokens following the conclusion of the Part 2 airdrop and subsequent listing on the Binance exchange. As of today, BLUR’s price stands at $0.63, marking significant weekly growth, according to data from CoinGecko. The platform recently launched a two-day 30% airdrop event and […]
© Reuters Coinbase (NASDAQ:), a leading cryptocurrency exchange, saw its (NASDAQ:COIN) shares rise to $115.75 per share today, marking a significant recovery in levels last seen more than a year ago. COIN’s recovery coincides with a broader rise in the cryptocurrency market, with it surpassing the $38,000 mark and approaching $2,131. The resurgence in Coinbase […]
Cryptocurrency exchange Binance has expanded its trading landscape by introducing BLUR to the spot market. The move marks BLUR’s transition from being available only on futures platforms to now being traded alongside other cryptocurrencies on the spot market. According to analysis from Layergg, Binance’s decision could set the trend for other future proprietary tokens to […]
© Reuters. Global – The cryptocurrency industry is facing a significant transformation as regulatory scrutiny intensifies. In the latest developments, Binance, one of the world’s largest cryptocurrency exchanges, has reached a staggering $4.3 billion settlement with the United States Securities and Exchange Commission ( SEC) on compliance issues. The agreement comes shortly after Changpeng Zhao, […]
© Reuters. Forbes recently revealed the existence of four secret state-run mining sites in Bhutan, a revelation made possible through satellite imagery from Planet Labs, Satellite Vu and Google (NASDAQ: ) Earth, as well as internal disclosures. These facilities are strategically located near the Dochula Pass with its sacred memorial temples, the rugged landscape of […]
© Reuters In a notable reversal, Jim Cramer, host of CNBC’s Mad Money, has changed his stance on , now encouraging those confident in its future to invest in cryptocurrency. This pivot comes as Bitcoin recently surpassed the $37,000 mark, marking a significant year-to-date gain of 125.30%. Following Cramer’s revised guidance today during CNBC’s Lightning […]
FOMO Pay, a payment solutions provider that has partnered with blockchain company, has obtained a Money Services Operator (MSO) License in Hong Kong. The license will enable FOMO Pay to provide payment and remittance services in the region. The company, which has been licensed by the Monetary Authority of Singapore (MAS(HN:)) for remittance services, is […]