CryptoCurrency – Finance Magnates | Financial and business news
The US Securities and Exchange Commission (SEC) approved applications from major exchanges, including Nasdaq, CBOE, and the NYSE, to list exchange-traded funds tied to the price of ether today (Thursday). This approval potentially opens the door for these products to begin trading later this year.Issuers to Seek Regulatory ApprovalNine issuers,...
B2C2, a provider of institutional liquidity for digital assets, has announced a partnership with Swissquote, an online banking and financial services provider based in Switzerland. Swissquote has developed Swissquote Exchange (SQX), a central limit order book that offers deep liquidity and a secure environment for trading cryptocurrencies. Cryptocurrency...
Muinmos and Blade Labs have partnered to set new compliance standards in the Web3 space by integrating Muinmos' Client Onboarding Platform into Blade Labs' Digital Asset Platform. The collaboration aims to simplify the onboarding process and address the challenges faced by compliance officers in the digital assets landscape.Muinmos, Blade Labs...
As the decision on US Ethereum exchange-traded funds (ETFs) is approaching, BlackRock, Grayscale, and Bitwise amended their applications with the Securities and Exchange Commission (SEC) yesterday (Wednesday), removing the provisions for staking.No Staking Yields for Ether ETFsStaking allows Ethereum holders to earn yield on their holdings, a feature...
Argo Blockchain, a publicly-listed cryptocurrency mining company, announced its unaudited financial results for the first quarter of 2024, which showed an improvement compared to the same period last year. The company reported a revenue of $16.8 million, a 4% increase from the previous quarter, and a threefold reduction in net loss to $3.2 million....
Federal officials have initiated the process to transfer Sam Bankman-Fried, the founder of FTX cryptocurrency exchange, to a new prison despite his preference to remain in New York to assist in preparing his appeal. Prison Transfer Despite New York PreferenceAccording to a report by the Wall Street Journal today (Wednesday), this decision was made...