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Coincheck's Nasdaq Listing Gains Traction, Proposal Submitted to SEC

Coincheck and Spacial Purpose Acquisition Company Thunder Bridge Capital Partners IV are progressing with a merger deal that will enable the Japanese cryptocurrency exchange to list on Nasdaq. Coincheck has reportedly submitted a proposal regarding the agreement to the SEC, signifying a significant step for both companies and investors seeking exposure...

Tue May 7, 2024 23:01
Australia Eyes Unreported Crypto Transactions: Taxman Targets 1.2 Million Accounts

Australian Taxation Office (ATO) has requested personal data and transaction details from crypto exchanges of up to 1.2 million accounts to crack down on potential tax evaders, Reuters reported. This move marks a significant escalation in the ATO's efforts to ensure compliance in the rapidly expanding digital currency market.Oversight of Crypto...

Tue May 7, 2024 21:02
Revolut X: Fintech Firm Ventures into Crypto Exchange Arena

London-based digital banking firm Revolut has introduced Revolut X, a cryptocurrency exchange tailored for professional traders, marking the institution as the pioneer in developing a dedicated platform for cryptocurrency trading within the banking sector.Crypto Offerings with New Exchange PlatformWith a user base of 40 million worldwide, Revolut...

Tue May 7, 2024 16:03
Stablecoins Under Scrutiny: Study Reveals 90% Non-User Transactions

Over 90% of stablecoin transactions do not originate from real users, a recent study by Visa and Allium Labs revealed. These findings raise questions about the potential of stablecoins revolutionizing the payment sector despite the optimism from industry leaders and the overall positive market sentiment. Stablecoin Potential in PaymentsOut of a...

Mon May 6, 2024 23:07
Crypto.com Hits 100 Million User Milestone, Credits Marketing Campaigns

Crypto.com has reached a new milestone by surpassing 100 million users globally, marking a significant achievement for the company since its inception in 2016. The cryptocurrency exchange attributed this achievement to its latest marketing campaigns, which include partnerships with renowned personalities, venues, and events.Partnerships Propel Crypto.comSome...

Mon May 6, 2024 20:08
SEC Targets Robinhood's Crypto Trading Arm with Potential Enforcement Action

The Securities and Exchange Commission (SEC) could potentially bring an enforcement action against Robinhood, according to a Wells notice recently issued to the company's cryptocurrency trading arm on May 4. This development comes despite Robinhood asserting that the assets listed on the platform are not securities.Navigating Regulatory Challenges"On...

Mon May 6, 2024 18:09

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