cryptocurrencies Archives

Major Crypto Executive Accused Of Involvement In 0 Million Money Laundering Scheme

Major Crypto Executive Accused Of Involvement In $500 Million Money Laundering Scheme

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Federal prosecutors in Brooklyn have charged Iurii Gugnin, the founder of a US-based crypto payments company, with orchestrating a sophisticated international money laundering operation that allegedly moved over $530 million on behalf of sanctioned Russian banks and entities. According to a CNBC […]

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Paul Atkins Delivers Key Points On DeFi At SEC’s Crypto Task Force Roundtable

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a significant address on Monday, Paul Atkins, the new Chair of the US Securities and Exchange Commission (SEC), outlined his vision for decentralized finance (DeFi) and the broader cryptocurrency industry. His remarks, delivered at a roundtable titled “DeFi and the American

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A New Era For Circle: CEO Jeremy Allaire Celebrates Historic IPO

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Circle, the issuer of the USDC stablecoin, made a highly anticipated entrance onto the public market on Thursday, with its stock (CRCL) skyrocketing as much as 200% during trading. The shares opened at approximately $69 and closed at $83.23, marking a remarkable

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Bitstamp Acquisition: Robinhood Gains Over 50 Global Crypto Licenses

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Financial crypto services platform firm Robinhood (HOOD) has officially wrapped up its $200 million acquisition of crypto trading platform Bitstamp, founded in 2011 and based in Luxemburg. The all-cash deal, first announced last year, provides Robinhood with an immediate international presence, obtaining

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Crypto Whale Send Message With Massive 44M XRP Transfer

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A stunning movement of XRP has just been recorded, with 44.1 million tokens, worth over $97 million at current market price, transferred from Turkish crypto exchange Paribu to an unknown wallet. The sudden move, initially flagged by an XRP investor known as

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Santander’s Crypto Ambitions: Spain’s Top Bank To Roll Out Stablecoin

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Banco Santander SA, one of the largest banks in Europe and Spain, is reportedly considering introducing its own stablecoin. The bank also plans to give its digital banking arm, Openbank, the ability to offer crypto services to retail clients. According to a

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Bipartisan Support For Crypto: CLARITY Act Introduced By Rep. French Hill

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On May 29, House Financial Services Committee Chairman French Hill (R-AR) introduced the Digital Asset Market Clarity (CLARITY) Act, a pivotal piece of legislation aimed at establishing a regulatory framework for crypto assets in the United States. Co-sponsored by eight other members

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Bitcoin Just Got Bigger—Top Global Firm Rolls Out B Lending Program

Bitcoin Just Got Bigger—Top Global Firm Rolls Out $2B Lending Program

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Cantor Fitzgerald has launched a new $2 billion loan program backed by Bitcoin. According to a report, the firm has already closed its first deals. This move comes as crypto lending starts to find its feet again after big defaults in 2022.

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Circle Targets .7 Billion Valuation In Ambitious US IPO Move

Circle Targets $6.7 Billion Valuation In Ambitious US IPO Move

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Circle Internet, the issuer of the USDC stablecoin, announced plans for an initial public offering (IPO) that could value the company at up to $6.71 billion on a fully diluted basis. The New York-based company aims to raise as much as $624

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SEC Chair Slams Agency’s Previous ‘Head-In-The-Sand’ Crypto Regulation

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a significant address aimed at revitalizing the relationship between regulators and the cryptocurrency market, new US Securities and Exchange Commission (SEC) Chair Paul Atkins outlined his vision for a more constructive regulatory environment. Trust Deficit Between SEC And Crypto Industry Speaking

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