Just another Finance Magnates Sites site
2k followers 29 articles/week
From SEBA to AMINA: Swiss-Regulated Crypto Bank Rebrands

The Swiss crypto bank SEBA Bank AG has rebranded to AMINA Bank AG. This move, which was announced on November 30, 2023, has been described by the company as a new era of potential growth for its clients globally. Franz Bergmueller, the CEO of AMINA Bank AG, mentioned in a statement on Businesswire: " While we say goodbye to the SEBA name, we...

Fri Dec 1, 2023 18:23
Do Kwon and Terraform Labs Face Escalating Troubles: Class Action Advances in Singapore

A class-action lawsuit against Terraform Labs and its Co-Founders will advance in Singapore. This follows a decision by the High Court to dismiss the defendants' appeal. It marked an important milestone in a case initiated by Julian Moreno Beltran and Douglas Gan on behalf of multiple parties, the Business Times reported. Following the collapse...

Fri Dec 1, 2023 15:51
Crucial Bitcoin ETF Decision Looms as SEC Engages Asset Managers

The US Securities and Exchange Commission (SEC) is actively engaging with asset managers in anticipation of a crucial decision on the approval of a bitcoin exchange-traded fund (ETF), as revealed in memos released this week.SEC's Postponements: Aiming to Address Multiple Bitcoin Fund ApplicationsIn a memo, the SEC disclosed a recent meeting...

Fri Dec 1, 2023 12:40
Brazil Passes 15% Tax on Offshore Crypto Holdings

The Brazilian Senate has passed legislation proposing an income tax on crypto gains from offshore exchanges, awaiting final approval from the country's president. This proposal is slated for potential enactment on January 1.The bill aims to introduce a levy of 15% on all earnings garnered from cryptocurrencies held on offshore exchanges, Cointelegraph...

Thu Nov 30, 2023 22:32
The U.S. in Crypto: Domestic Chaos, Global Ambitions

In the complex realm of cryptocurrency regulation, the U.S. Treasury has boldly extended its reach, seeking expanded powers that transcend national borders. Deputy Secretary of the Treasury Wally Adeyemo's impassioned plea to Congress for extraterritorial control over stablecoins, notably targeting Tether, adds a layer of complexity to the...

Thu Nov 30, 2023 19:21
FTX Given Green Light to Sell $873M in Assets Managed by Grayscale, Bitwise

A recent court ruling has granted FTX permission to sell approximately $873 million worth of assets held in trust. Around $700 million of these assets are from Grayscale's primary offering, the Grayscale Bitcoin Trust (GBTC). The approval, dated November 29 and issued by a bankruptcy court in Delaware, enables the defunct crypto exchange to...

Thu Nov 30, 2023 17:09

Build your own newsfeed

Ready to give it a go?
Start a 14-day trial, no credit card required.

Create account