Genesis Global Trading has agreed to pay $8 million and give up its BitLicense to settle anti-money laundering and fraud charges against it, New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris said Friday in a statement.
1000x Crypto have gathered the best in the investment world under one virtual roof. Trading in bitcoin markets is the primary activity. This is the most profitable section of the financial investment industry. As a result, our investors earn a consistent profit. Because long-term collaboration is our aim, we are most interested in the success…
Bybit, a Dubai-based cryptocurrency exchange, announced the listing of the PayPal USD stablecoin, PYUSD. PYUSD is a stable coin issued by Paxos, a regulated financial company based in New York. The listing of PYUSD marks a significant collaboration between Bybit and PayPal, two leading players in the traditional and crypto payments sectors. By integrating PYUSD…
UK Finance says it’s not too late for the UK to catch up with other jurisdictions’ quicker start to tokenizing securities, and it better do so if it wants to remain a global financial leader. Advocacy group UK Finance is urging the British government to encourage the tokenization of securities. The market is small now,…
Despite the fact that the digital currency market has suffered a huge drop in market capitalization and has lost a substantial number of pips across its various assets. However, market investors are looking for profitable opportunities to invest their money in the midst of the downward movement that is taking place in the market. With…
Bakkt recently announced that Hanover Bank will integrate with its platform to expand access to Bitcoin and Ethereum. The New York-based financial institution will be part of Bakkt’s early adopter program and will be able to connect to the crypto platform through its mobile banking app. Related Reading | Mastercard integrates with Bakkt, merchants will…
Software giant MicroStrategy continues to suffer thanks to its ongoing ties to bitcoin. The world’s number one digital currency by market capitalization has been seeing a series of big losses in recent weeks that have finally seen all of its 2021 gains disappear over the course of a few months, and now it looks like…
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