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SEC Withdraws Appeal as Crypto Industry Pushes Back - CryptoCoin.News
The U.S. Securities and Exchange Commission (SEC) has withdrawn its appeal against a court ruling that struck down its broker-dealer rule, signaling a potential shift in its approach to cryptocurrency regulation. This decision follows industry backlash and a legal challenge that questioned the agenc
Russia Blocks BestChange Crypto Aggregator - CryptoCoin.News
Russia’s communications agency Roskomnadzor has once again blocked BestChange the country’s largest cryptocurrency aggregator While the official reason has not yet been disclosed the platform is now listed among restricted websites Founded in 2007 BestChange is one of the leading services for ove
Solana Meme Coin Platform Facing Legal Challenges - CryptoCoin.News
Solana-based meme coin launcher Pump.fun is once again under legal scrutiny as U.S. law firms allege that some tokens on the platform violate intellectual property rights. The controversy escalated on February 5, when law firms Burwick Law and Wolf Popper LLP issued a cease and desist letter demandi
BTCS's New Protection System Could Transform How Ethereum Transactions Work - CryptoCoin.News
Nasdaq-listed blockchain company BTCS Inc. (NASDAQ: BTCS) has teamed up with Figment Inc. and WonderFi Technologies to introduce a system that changes how Ethereum transactions are processed and validated. This innovative solution called the Staker Protection Plan (SPP), aims to make Ethereum transa
Coinbase Pushes US Regulators to Let Banks Offer Crypto Services - CryptoCoin.News
Coinbase is urging US banking regulators to clarify whether banks can provide cryptocurrency-related services. The exchange argues that clear regulations would allow financial institutions to offer custody and execution services for digital assets, either directly or through third-party partnerships
Italy Tightens Crypto Regulations for Financial and Cybersecurity Safety - CryptoCoin.News
Italy is stepping up its engagement with crypto firms as regulators work to strengthen financial safeguards and cybersecurity measures The Bank of Italy and the country’s financial markets regulator Consob are in active discussions with cryptocurrency service providers to ensure compliance with evol
BNB Surpasses Solana as BNB Chain Announces 2025 Upgrades - CryptoCoin.News
BNB Chain has unveiled a series of upgrades set for 2025, aiming to enhance transaction speed, reduce costs, and integrate AI-driven features. The improvements include sub-second block times, gasless transactions, and advanced security mechanisms designed to optimize blockchain efficiency and scalab
Purpose Investments Plans First XRP ETF in Canada - CryptoCoin.News
Purpose Investments is preparing to launch Canada’s first XRP exchange-traded fund (ETF), aiming to provide institutional and retail investors with a regulated way to gain exposure to the cryptocurrency. The asset manager, known for introducing the first Bitcoin and Ethereum ETFs in Canada, has file
Bitpanda Expands into the UK After Securing FCA Approval - CryptoCoin.News
Bitpanda, a leading European cryptocurrency platform, has officially secured approval from the UK’s Financial Conduct Authority (FCA), paving the way for its expansion into the British market. With this regulatory milestone, the company can now offer UK investors access to crypto trading, staking se
Sniper Cashes In on Meme Coin Frenzy After CZ Reveals Dogs Name - CryptoCoin.News
A seemingly harmless social media post by Binance’s former CEO, Changpeng Zhao (CZ), sparked a full-blown meme coin frenzy, leading to one opportunistic trader walking away with a staggering $27.8 million. The chaos erupted after CZ casually revealed the name of his dog Broccoli prompting traders to
Poverty-Fighting Cryptocurrency Aims for Historic $250M Debut - CryptoCoin.News
In a bold move that's raising eyebrows across the cryptocurrency landscape, Scotland's indigenous digital currency Scotcoin is targeting a $250 million valuation ahead of its February 2025 exchange listing. But unlike typical crypto launches focused on speculation and profit, this unique digital tok
The Global Bitcoin Race Accelerates - CryptoCoin.News
The race to accumulate Bitcoin as a strategic reserve is gaining momentum. While the United States has been debating the creation of a national Bitcoin stockpile, other countries are moving quickly. The Czech Republic is emerging as a potential leader in Europe, with plans to become the first nation
Binance Investigated in France for Money Laundering - CryptoCoin.News
Binance, the world’s largest cryptocurrency exchange, is facing a new investigation by French authorities over alleged money laundering tied to drug trafficking, tax fraud, and unregulated promotions. This latest scrutiny adds to the growing regulatory challenges the company has been dealing with ac
Scott Bessent Takes Over US Treasury with a Pro Crypto Vision - CryptoCoin.News
Scott Bessent, known for his role as a billionaire hedge fund manager and advocate for cryptocurrencies, has been confirmed by the US Senate as the new Treasury Secretary. With a strong majority vote of 68, Bessent joins former President Donald Trump’s cabinet, bringing a pro-crypto perspective to o
North Dakota Moves to Protect Crypto ATM Users - CryptoCoin.News
Lawmakers in North Dakota have introduced a bill aimed at curbing cryptocurrency fraud and protecting its residents. House Bill 1447 was submitted on January 15 in response to an alarming $6.5 million in crypto-related fraud losses reported by 103 residents in 2023. The proposed legislation, sponsor
Circle Acquires Hashnote to Revolutionize Tokenized Asset Adoption - CryptoCoin.News
Circle, a leading stablecoin issuer, has announced its acquisition of Hashnote, the issuer of the US Yield Coin (USYC). This strategic initiative aims to integrate USYC with Circle's flagship stablecoin, USDC, creating new opportunities in traditional and digital financial markets. The acquisition i
Trump’s Plan to Prioritize Crypto Could Redefine the Industry - CryptoCoin.News
Donald Trump’s potential executive order to prioritize cryptocurrency is sparking discussions across the crypto community. Although not yet confirmed, reports suggest the move could signal a dramatic shift in how the U.S. approaches digital assets, potentially positioning the country as a global lea
World Liberty Financial Moves to Solidify DeFi Leadership - CryptoCoin.News
World Liberty Financial (WLFI), a decentralized finance platform supported by Donald Trump and his sons Eric Trump, Donald Trump Jr., and Barron Trump, is taking strategic steps to strengthen its position in the competitive DeFi market. Recent asset reallocations and potential integrations highlight
Chainalysis Invests $150M in AI Fraud Detection Startup Alterya - CryptoCoin.News
Chainalysis has made a significant move in the battle against financial crime by acquiring Alterya, an AI-powered fraud detection startup, for $150 million. This acquisition highlights the blockchain analytics firm’s commitment to tackling illicit activities in the cryptocurrency space, while markin
Portuguese Bank BiG Halts Crypto Transfers - CryptoCoin.News
Portugal’s Banco de Investimentos Globais (BiG), one of the country’s largest banks, has decided to block fiat transfers to cryptocurrency platforms, citing compliance with European Central Bank guidelines and concerns over the risks associated with virtual assets. This unexpected move has sparked c
Backpack Exchange Acquires FTX EU in Crypto Recovery - CryptoCoin.News
Backpack Exchange, a cryptocurrency platform founded by former FTX and Alameda Research employees, has officially acquired FTX EU, the European arm of the defunct FTX exchange. The acquisition has been approved by the FTX bankruptcy court and the Cyprus Securities and Exchange Commission (CySEC), si
Wemade Plans Blockchain Gaming Communities for 2025 - CryptoCoin.News
South Korean gaming giant Wemade is preparing to transform the gaming industry by integrating blockchain technology into social communities, with plans to roll out these innovations in 2025. This move represents a strategic effort to merge gaming and blockchain, creating decentralized ecosystems tha
Hong Kong Legislator Proposes Bitcoin Reserve - CryptoCoin.News
Hong Kong is making waves in the cryptocurrency world as legislator Wu Jiexhuang advocates for the city to include Bitcoin in its national reserves. This bold proposal aligns with the city’s unique “one country, two systems” framework, aiming to fortify financial security while positioning Hong Kong
Floki Plans FLOKI Token ETP in Switzerland - CryptoCoin.News
Floki, the project behind the FLOKI token, is preparing to launch an exchange-traded product (ETP) on Switzerland’s SIX Swiss Exchange in the first quarter of 2025. If approved, this initiative would make FLOKI the second memecoin, after Dogecoin, to offer a regulated investment product in Europe. T
Trump Picks Bo Hines to Lead Crypto Council - CryptoCoin.News
President-elect Donald Trump has taken a bold step by appointing Bo Hines, a former college football player and Yale graduate, to lead the newly established Presidential Council of Advisers for Digital Assets. This appointment reflects Trump’s growing focus on positioning the United States as a glob
Bitwise Launches Solana Staking ETP in Europe - CryptoCoin.News
Bitwise Asset Management, a prominent player in the crypto investment space, has taken another bold step in expanding its offerings. The company has launched a Solana staking exchange-traded product (ETP) in Europe, providing investors with an enticing annual percentage yield (APY) of 6.48%. Operati
Binance Alpha Showcases Early Crypto Opportunities - CryptoCoin.News
Binance has unveiled Binance Alpha, a new initiative aimed at spotlighting promising early-stage crypto projects and offering users the chance to discover the next big opportunities in the Web3 space. The newly launched Binance Alpha platform will operate as part of Binance Wallet, the exchange’s
Hong Kong Accelerates Crypto Licensing - CryptoCoin.News
Hong Kong is positioning itself as a global leader in cryptocurrency innovation by accelerating licensing processes for trading platforms, regulating stablecoin issuers, and introducing measures for custody services. These initiatives are part of a broader effort to solidify its status as a premier
Senate to Vote on Caroline Crenshaw's Renomination as SEC Commissioner - CryptoCoin.News
The U.S. Senate Banking Committee will vote on December 11 on whether to renominate Caroline Crenshaw as a commissioner of the Securities and Exchange Commission (SEC). This decision comes as Crenshaw, known for her strong skepticism toward cryptocurrencies, faces mounting criticism from industry ad
US Government Transfers Nearly $2 Billion in Bitcoin to Coinbase - CryptoCoin.News
The cryptocurrency market witnessed a significant event this week as the US government moved nearly $2 billion worth of Bitcoin to Coinbase. This transaction, flagged by blockchain analytics platform Arkham Intelligence, involved 19,800 BTC seized from the infamous Silk Road dark web marketplace. Th
Coinbase Steps Back from Turkey’s Crypto Market Amid Regulatory Shifts - CryptoCoin.News
Coinbase, one of the world’s leading cryptocurrency exchanges, has decided to withdraw from Turkey’s crypto market. The company has filed for the liquidation of its local operations after withdrawing its application to operate in the country. This decision comes just three months after Coinbase had
Swiss Lawmakers Embrace Study on Bitcoin Mining to Boost Energy Grid Stability - CryptoCoin.News
Swiss lawmakers in the Canton of Bern have approved a motion to evaluate Bitcoin mining's potential in stabilizing the energy grid and utilizing surplus energy. This decision marks a significant step forward in exploring how emerging technologies can align with sustainable energy policies. Spearhead
Metamask Co-Founder Launches Consent Token on Solana and Base - CryptoCoin.News
Dan Finlay, co-founder of Metamask, has introduced a new token called Consent ($CONSENT), available on the Solana and Base blockchains. This innovative token seeks to highlight the importance of user consent and intellectual property in an era increasingly dominated by artificial intelligence. Finla
Germany’s Missed Opportunity with Bitcoin Lessons from a $2 Billion Gap - CryptoCoin.News
Germany’s decision to sell nearly 50,000 Bitcoin earlier this year at an average price of $53,000 per coin has drawn sharp attention, especially as Bitcoin has since skyrocketed to new all-time highs of $93,434. This move left Germany potentially missing out on an estimated $2 billion, a stark remin
Crypto.com Expands Horizons with Aussie Brokerage Buy - CryptoCoin.News
Crypto.com is making headlines with its recent acquisition of Fintek Securities Pty Ltd., an Australian brokerage firm that comes with a coveted Financial Services License. This strategic move allows Crypto.com to extend its reach into the world of derivatives, securities, and a host of other financ
Mt. Gox's $2.4 Billion Bitcoin Shuffle Sparks Market Speculation - CryptoCoin.News
Mt. Gox, once a behemoth in the world of cryptocurrency exchanges, has recently sent ripples through the market with a colossal $2.4 billion Bitcoin transfer. As Bitcoin's price flirts with the $82,000 mark, the crypto community is abuzz with speculation about the implications of this massive financ
SHIB Burn Sparks Curiosity as Millions Go Up in Smoke - CryptoCoin.News
Shiba Inu (SHIB) enthusiasts were recently taken by surprise when the SHIB burn rate inexplicably dropped to zero, yet millions of coins found their way into unspendable wallets. This puzzling event coincided with a notable SHIB price increase of over 7%. Despite the burn rate showing a zero reading
Binance and Coinbase Clash Over Token Listing Practices - CryptoCoin.News
In the ever-evolving world of cryptocurrency, the battle between Binance and Coinbase over token listing practices has taken center stage. The process of getting a digital asset token listed on major exchanges is a significant milestone for any crypto project. It opens doors to global investors and
BlackRock's Crypto Move Steals Spotlight from US Election - CryptoCoin.News
BlackRock's dive into the crypto market is causing quite a stir, even stealing some thunder from the buzz around the U.S. presidential election. Darius Sit, the brains behind QCP Capital, reckons that BlackRock's crypto involvement is more impactful than whether Donald Trump or Kamala Harris takes t
Florida's Bold Move to Bring Bitcoin into Pension Portfolios - CryptoCoin.News
Florida is making waves with a bold proposal that could shake up the world of retirement planning. The state's Chief Financial Officer, Jimmy Patronis, is considering integrating Bitcoin into its pension portfolios, dubbing it "digital gold." This move aims to diversify Florida's investment strategi