The US Securities and Exchange Commission (SEC) is facing mounting criticism from current and former officials over its evolving stance on crypto staking services. On May 29, the SEC’s Division of…
Trading with XM: What You Need to Know | Full Review by Finance Magnates
Trading with XM: What You Need to Know…
In brief
Singapore's financial authority has set a June 30 deadline for crypto firms operating overseas from Singapore to obtain a license or shut down, citing financial crime risks.
The new rules…
The net profit of 26 Degrees Global Markets Group, which offers prime brokerage services, dropped by about 92 per cent in 2024 to AU$410,000, according to the company’s annual financial…
Singapore’s central bank has set a deadline of June 30 for local crypto service providers to stop offering digital token (DT) services to overseas markets.The directive came from the Monetary…
Elon Musk leaves DOGE as Trump's budget slashes support for electric vehicles (EVs), signaling tough times ahead for Musk and Tesla.It started with chainsaws and Cabinet meetings. It ended with…
In brief
Binance founder CZ proposed a new type of decentralized exchange that hides trades and liquidation points to protect users from front-running and manipulation.
Analysts say the idea could enable institutional-grade…
South Korea’s crypto scene will gain either way in the country’s presidential elections, as both candidates have run on pro-crypto platforms, pledged to ease regulations and expand crypto access.South Koreans…
In brief
The SEC raised concerns about whether the REX-Osprey ETH and SOL ETFs qualify under the Investment Company Act of 1940.
Despite ongoing discussions, the ETFs’ registration became effective on May…
Czech Justice Minister Pavel Blazek has stepped down following a scandal over his ministry’s sale of nearly $45 million worth of Bitcoin donated by a convicted drug trafficker.The controversy erupted…