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Latest Results from /crypto

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Crypto exchange OKX hit with $505m penalty over AML violations

The operator of the OKX crypto exchange will pay more than $504 million in fines and fees after admitting breaking US anti-money laundering laws.

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Avalanche launches Visa crypto card

The Avalanche Foundation has launched a physical and digital credit card that lets users make purchases against the value of their crypto assets anywhere Visa is accepted.

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SEC drops another crypto case

The main financial regulator in the US has dropped its investigation against a crypto exchange, adding further credence to the notion that there has been a seismic shift in the US's regulation of decentralised finance (DeFi).

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Taurus launches private token standard for banks

Swiss blockchain startup Taurus has released what it describes as an open-source token standard for debt and equity transactions in a move designed to boost the digital assets market.

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SEC drops Robinhood Crypto investigation

Robinhood says the Securities and Exchange Commission is ditching its investigation into the trading app's crypto arm.

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Coinbase says SEC has agreed to drop enforcement case

Coinbase is claiming victory in its long-running tussle with the Securities Exchange Commission, stating that the regulator has agreed to drop its enforcement case against the crypto firm.

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Bybit wallet hack sees crooks nab $1.4bn in ETH

Crypto exchange Bybit says hackers have stolen nearly $1.5 billion in Ethereum (ETH) from one of its cold wallets.

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Securities and Futures Commission unveils roadmap to make Hong Kong a global virtual asset hub

The Securities and Futures Commission (SFC) outlined a 12-point strategy today to boost Hong Kong’s virtual asset (VA) market.

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Standard Chartered backs StraitsX stablecoins

Standard Chartered Bank is stepping deeper into the stablecoin space through a strategic partnership with StraitsX, a Singapore-licensed stablecoin issuer, to strengthen the reserve management of its US Dollar and Singapore Dollar stablecoins, XUSD and XSGD.

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Ziglu raises £5 million; plans to introduce Ziglu Coin

Ziglu, a UK-based cryptocurrency business that once commanded a $170 million price tag, has raised £5 million at a £45 million valuation.

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Standard Chartered anchors HK dollar-backed stablecoin joint venture

Standard Chartered has formed a joint venture partnership with Animoca Brands and HKT to issue a Hong Kong dollar-backed stablecoin.

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EToro files for IPO

Israeli multi-asset investment platform eToro has confirmed a filing for an IPO on Wall Street.