Tag: Services

Australia Mandates Financial Services Licenses for Crypto Firms Under New ASIC Regulations

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The Australian Securities and Investments Commission (ASIC) has announced new legislation requiring cryptocurrency exchanges to obtain financial services licenses. This expansion of the Corporations Act aims to provide clearer oversight of the crypto sector, ensuring that widely traded crypto assets, such as bitcoin, are appropriately regulated. The new regulations are set to be implemented by […] Source link

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Okx Launches in Australia With Comprehensive Crypto Services

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Global crypto exchange and Web3 technology company, Okx, has officially launched its services in Australia. The platform now offers spot trading for all users and derivatives trading for verified wholesale clients. Users can deposit and withdraw AUD via most Australian banks and have access to express buy/sell, P2P, convert functions, and spot trading. A total […] Source link

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FBI Warns Against Using Unregistered Cryptocurrency Money Transmitting Services

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The Federal Bureau of Investigation (FBI) has issued a warning about using unregistered cryptocurrency money transmitting services that fail to comply with U.S. anti-money laundering laws. The agency has provided tips for the public to protect themselves, advising them to avoid providers that do not require Know Your Customer (KYC) information. FBI’s Crypto Warning The […] Source link

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Strike CEO Jack Mallers Announces Expansion of Services into Africa

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Today, Jack Mallers, the CEO of Strike, has announced the expansion of Strike’s suite of Bitcoin services into several African markets. I just published Announcing Strike Africa Today, we are launching Strike Africa, expanding our full suite of #Bitcoin services into Gabon, Ivory Coast, Malawi, Nigeria, South Africa, Uganda, and Zambia with more markets to come in the future. LFG! 🌍🫡https://t.co/icN0DZ4bGS pic.twitter.com/khxKecltAY — Jack Mallers (@jackmallers) February 27, 2024 Strike Africa will now be available in Gabon, Ivory Coast, Malawi, Nigeria, South Africa, Uganda, and Zambia, with plans for further…

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Ethereum staking services agree to 22% limit of all validators

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At least five Ethereum liquid staking providers have either imposed or are working to impose a self-limit rule in which they promise not to own more than 22% of the Ethereum staking market — seen as a move to ensure the Ethereum network remains decentralized. Among the Ethereum staking providers either already committed or are working to commit to the self-limit rule include Rocket Pool, StakeWise, Stader Labs and Diva Staking, according to Ethereum core developer Superphiz. Puffer Finance, another liquid staking service, also announced its commitment to the self-limit. …

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HSBC rolls out cryptocurrency services in Hong Kong: Report

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Hong Kong and Shanghai Banking Corporation (HSBC) — the biggest bank in Hong Kong — has reportedly introduced its first local cryptocurrency services. HSBC has enabled its customers to buy and sell Bitcoin (BTC) and Ether (ETH)-based exchange-traded funds (ETFs), local journalist Colin Wu reported in a tweet on June 26. According to the report, HSBC will specifically offer cryptocurrency ETFs listed on the Stock Exchange of Hong Kong. At the time of writing, the exchange lists three crypto ETFs, including CSOP Bitcoin Futures ETF, CSOP Ethereum Futures ETF and Samsung…

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Bitcoin Financial Services Provider River Announces $35 Million Series B Fundraising Round

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Bitcoin technology and financial services company, River, has announced a successful $35 million equity round in its Series B fundraising effort. Led by Kingsway Capital, the round also saw participation from notable investors such as Peter Thiel, Cygni, Goldcrest and Valor Equity Partners. The company provides a range of Bitcoin services, including zero-fee recurring orders, full-reserve custody, mining and a Bitcoin wallet that supports both on-chain and Lightning Network transactions. Alex Leishman, the CEO of River, highlighted the growing interest in Bitcoin driven by business and institutional adoption. He emphasized…

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Gbitcoins – Providing Top-Notch Cloud Mining Services – Sponsored Bitcoin News

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sponsored Cloud mining is one of the newest, most innovative developments in the cryptocurrency space in recent years. It provides an affordable and more accessible entry point into the world of crypto mining. Various cloud mining sites have become popular as the demand for cryptocurrency mining grows. However, among the cloud mining sites that provides convenience, affordability, efficiency and flexibility, one name stands out – Gbitcoins Sustainable and Affordable Cloud Mining Services from Gbitcoins Founded back in 2016, Gbitcoins is a cloud-mining platform that has been gaining a reputation for…

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