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Crypto News

  • Swede dreams! Binance lands its seventh regulatory approval in the EU

    January 11, 2023

    Binance has been granted registration as a financial institution for management and trading in virtual currency by the Swedish FSA.

  • Fintech expert Wooller joins Coincover as Business Unit Director

    January 11, 2023

    Prominent fintech expert Katherine Wooller has been appointed as Business Unit Director at Cardiff-based Coincover.

  • FTX: Now UK investors are caught up in collapse of crypto trading platform

    January 11, 2023

    Thirteen investors caught up in the collapse of cryptocurrency trading platform FTX have made fraud reports to UK police. FTX filed for bankruptcy on November 11 after it was alleged that then-chief executive Sam Bankman-Fried, 30, had illegally diverted massive sums of customer money from the company to a second firm that he owned, Alameda [...]

  • Matrixport now using Chainalysis to enhance compliance standards

    January 10, 2023

    Digital asset eco-system Matrixport today began using Chainalysis’ blockchain data platform as part of its efforts to enhance compliance.

  • City minister says UK crypto regulations unlikely to be ready in 2023

    January 10, 2023

    City minister Andrew Griffith said regulations for digital currencies are unlikely to be ready in 2023, as he reaffirmed the government’s aim to be “the home of well-regulated [and] technologically-advanced financial systems”.  In a wide-ranging Treasury committee hearing today, Griffith was quizzed by MPs on the risks facing the crypto industry and the potential for [...]

  • Crypto exchange Tap Global becomes one of London’s first listings of 2023

    January 10, 2023

    Tap Global has become one of London’s first listings of 2023 and the UK’s first listed crypto exchange services provider.

  • Aggressive institutional investors pushing into digital assets set to replace retail players

    January 10, 2023

    Institutional investors are set to replace retail investors as the major holders of digital assets in 2023, according to new research shared with City A.M. today. More than 7 out of 10 of professional investors believe institutions will hold 60 per cent of digital assets within seven years, reversing the current status where institutions hold [...]

  • Bitcoin millionaires ‘drop like flies’ as FTX fallout shakes crypto market

    January 9, 2023

    The number of bitcoin millionaires has plunged and scammers have filled their boots in the past year as the market is gripped by a ‘crypto winter’, brought on by soaring inflation and a string of high profile bankruptcies.

  • FTX: Investors in collapsed crypto exchange facing questions from regulator over sloppy due diligence

    January 6, 2023

    Investors in crypto exchange FTX are facing regulatory probes into their due diligence processes after pumping millions into the firm before it spectacularly collapsed in early November. FTX, founded by disgraced former billionaire Sam Bankman-Fried, had been valued at $32bn prior to its collapse and won hefty backing from a host of big name backers [...]

  • The Sandbox, Quant and Axie Infinity experienced biggest rise in open positions on eToro

    January 5, 2023

    Digital asset investors coalesced around big crypto names in 2022 as the market faced significant price volatility, according to eToro.

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