Action Financial News
19.05 / 12:11
18.05 / 20:17
Blockchain
Binance
Digital
Action
Strategy
legislation
Chamber of Digital Commerce
crypto legislation
Chamber of Digital Commerce Pens Call to Action for US Congress To Pass Crypto Legislation
The Chamber of Digital Commerce is calling on the US Congress to get it together and pass legislation for digital assets.
18.05 / 16:45
Provident
Twitter
regulation
Progressive
Action
FATF
FATF President Calls on G-7 To Take the Lead To Regulate Crypto Ahead of Japan Summit
The president of a global money laundering and terrorist financing watchdog is calling on the G-7 to put an end to “lawless spaces” and to take the lead to regulate cryptocurrencies.
18.05 / 13:59
Blockchain
Ethereum
Provident
Platform
Action
Cronos
Bitcoin
Support
Crypto.com Expands Pay Service, Adds Support for MATIC, USDC, and DAI
Crypto.com, a leading cryptocurrency exchange, has revealed significant upgrades to its payment services, introducing new features and expanding the range of supported coins.
18.05 / 08:41
18.05 / 06:35
Blockchain
COST
Provident
Platform
Action
Pool
Introduction to Decentralized Finance (DeFi)
Disclaimer: The following article is part of Cryptonews Deals Series and was written as a promotional article in collaboration with the sponsor of this offer. If your company has an exclusive promotion that you would like to share with our readers, we invite you to reach out to us. Let’s build together.
18.05 / 06:27
FIVE
Action
class action
settlement
Deutsche Bank agrees to pay $75m settlement in Epstein accusers’ class action
Deutsche Bank has agreed to pay $75m to settle a proposed class-action lawsuit charging that the financial institution facilitated Jeffrey Epstein’s sex-trafficking ring, said lawyers who sued the bank on behalf of alleged victims.
17.05 / 19:45
17.05 / 17:37
Citi
Provident
Digital
Ripple
CEO
Action
coinbase
Swiss
regulatory
Ripple Buys Swiss Crypto Startup Amid US Regulatory Uncertainty
Financial technology company Ripple acquired Switzerland-based crypto custody firm Metaco as U.S. crypto firms look overseas amid a regulatory crackdown at home.
17.05 / 17:11
Binance
Ripple
XRP
SEC
Action
Bitcoin
Crypto Conferences Scale Back
The crypto winter has been long and harsh, and as a result, crypto conferences are toning down the lavishness. Attendees are no longer interested in DJs and parties; they want to focus on discussing regulation and tax issues. Tiffany Fong, a popular crypto vlogger, attended her first crypto conference this year and observed that attendees were more interested in asking intelligent questions and discussing regulatory issues, rather than enjoying the extravagances of past events.
17.05 / 15:53
17.05 / 12:27
Digital
Ripple
XRP
SEC
CEO
Action
Fighting
Swiss
Crypto firm Ripple buys Swiss startup as SEC crackdown forces companies to consider overseas moves
Blockchain firm Ripple said Wednesday it has acquired Metaco, a Swiss firm that holds digital assets securely on behalf of clients, in a bid to expand its international footprint and broaden its range of services.
16.05 / 19:39
Provident
Digital
Platform
Action
Strategy
crypto rules
EU Member States Accept World's First Sweeping Crypto Rules
European Union member states gave the final stamp of approval to a regulation on Markets in Crypto-Assets (MiCA), the world's first comprehensive set of cryptocurrency regulations.
16.05 / 11:33
Blockchain
Waves
Lowe's
Ripple
Action
Bitcoin
Crypto Whales are Accumulating This Viral New SpongeBob Meme Coin at Just $20 Million Market Cap – How to Buy Early?
As eye-watering volatility continues to supercharge meme coin price action, one coin is sending ripples through markets as whales ape in for a second pump.
16.05 / 08:51
15.05 / 16:55
UPS
SEC
CEO
Action
ICO
Bitcoin
Coinme Fined $4 Million by SEC
The US Securities and Exchange Commission (SEC) has fined Coinme, a cryptocurrency exchange, nearly $4 million for allegedly offering unregistered securities and making «misleading statements» about its crypto token, UpToken. Coinme, its subsidiary Up Global SEZC, and its CEO, Neil Bergquist, were charged by the SEC on April 28, with Up Global agreeing to pay a $3.52 million penalty, for which Coinme was also held liable. The SEC alleged that Coinme's Initial Coin Offering (ICO) of UpToken between October and December 2017 was an investment contract under the Howey test and was an unregistered securities offering. The ICO raised around $3.6 million to expand Coinme's fleet of Bitcoin ATMs, with the funds used to add 30 ATMs, and UP holders received benefits such as discounted fees and cashback when using the ATMs. However, in January 2019, Coinme changed its offering and partnered with Coinstar to use its cash-counting kiosks to facilitate cash-to-crypto transactions instead of its own ATMs. Coinme shut down all of its ATMs by July 2019, and there is currently no use for UpToken, with its market cap falling to around $50,000 and 24-hour trading volumes topping just over $180.
15.05 / 15:55
UPS
Lowe's
Action
Remark
Poloniex
Bitcoin
Is It Too Late To Buy Wen Token? WEN Price Rallies Up 4,000% and Whales Are Now Accumulating This New Coin – Here’s Why
WEN token has enjoyed a sensational run, with supercharged profits fuelling an electric meme coin rally, but has this high-flying project run out of steam?
15.05 / 14:53
Provident
Digital
Progressive
CEO
Action
Pool
Future
stars
Turfcoach and Atom Stars to Shape the Future of Football with Southampton FC
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
15.05 / 12:37
15.05 / 00:49
UPS
Digital
Ripple
SEC
CEO
Action
coinbase
Agency
Crypto Companies
Crypto companies are playing poker with the SEC as agency cracks down on the industry
Cryptocurrency companies are playing a game of poker with the Securities and Exchange Commission, making bold threats to leave the U.S. as the regulator steps up pressure on the industry to toe the line.
13.05 / 16:25
UPS
Digital
SEC
Action
coinbase
Citigroup
Coinbase vs SEC: Legal Battle Heats Up
Coinbase, the largest US-based cryptocurrency exchange, has been embroiled in a legal battle with the US Securities and Exchange Commission (SEC) over regulatory clarity for trading digital assets. On May 4th, Coinbase’s chief legal officer Paul Grewal announced that the US Court of Appeals for the Third Circuit has responded to the complaint against the SEC, marking a significant development in the ongoing legal battle.
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