Tag: News

The settlement underscores the critical need for robust compliance frameworks in crypto partnerships to protect financial system integrity. The post Paxos to pay $48 million in New York settlement over AML compliance failures appeared first on Crypto Briefing....

In today’s Crypto for Advisors newsletter, Alex Tapscott, explains the flywheel effect, and it’s impact on the crypto markets. Then, Natalie Hirsch from Polymath answers questions about questions about investing in public crypto companies in Ask an Expert. Thank you to our sponsor of this week’s newsletter, Grayscale. For...

New York’s top financial regulator has fined Paxos, a New York City-based stablecoin issuer, $26.5 million for “systemic failures” in its compliance and anti-money laundering programs, including a past partnership with global crypto exchange Binance, according to a Thursday announcement. In addition to the fine, Paxos agreed to spend...

With U.S. equities nearing fresh highs and expectations for a rate cut gathering pace, investors are reevaluating how Bitcoin (CRYPTO: BTC) fits into the broader macroeconomic landscape. Historically considered a “risk-on” asset alongside tech stocks, Bitcoin has lately moved in tandem with traditional markets. However, several experts believe a structural shift may...

Bitcoin is facing renewed volatility after weeks of tight consolidation, with price action showing signs of weakening bullish momentum. Following an extended period of sideways movement near all-time highs, the market has shifted into a more uncertain phase, marked by increased selling pressure and fading volume. Some analysts believe...

Despite its stablecoins’ effective ban in the EU, Tether invested in a company that recently obtained MiCA registration....

Ripple has agreed to acquire Toronto-based stablecoin payments firm Rail in a deal worth $200 million. Ripple, the company behind the XRP (XRP) cryptocurrency token and stablecoin Ripple USD (RLUSD), announced its acquisition of Rail on Thursday, Aug. 7, noting…...

SharpLink Gaming has secured $200 million from institutional investors in a direct offering, setting the stage for what could become one of the largest ETH treasuries in the world, surpassing $2 billion in value, according to the company. On August…...

Dogecoin‘s (CRYPTO: DOGE) single-day rally lifts bullish sentiment, but traders are split between optimism and caution. The meme coin’s upward momentum has brought it into focus for both accumulation and potential trap setups. Cryptocurrency Ticker Price Market Cap 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2143  $32.2 billion -1.9%  Shiba Inu (CRYPTO:...

The Middle East now has its first regulated Bitcoin options provider. Here’s how Dubai’s decision could influence pricing, adoption, and investor participation worldwide. Dubai’s Bitcoin options approval Dubai is taking a new step forward in its approach to digital asset…...