Crypto.com, a leading cryptocurrency exchange based in Singapore, has recently announced a partnership with Standard Chartered, a multinational banking institution, to offer fiat services to retail users globally. This partnership will allow users to deposit and withdraw the United States dollar (USD), the euro (EUR), and the United Arab Emirates Dirham (AED) on the Crypto.com
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The recent Wells notice sent by the U.S. SEC to OpenSea has raised concerns about the regulation of digital assets, particularly non-fungible tokens (NFTs). The SEC is suggesting that some NFTs traded on OpenSea could be classified as unregistered securities, potentially implicating the platform itself in illegal activity. This has sparked a debate about whether
In an exciting development for football fans, NFL Rivals has announced a new partnership with the Kansas City Chiefs, the reigning champions of Super Bowl LVIII. As the “Official Mobile Game of the Chiefs,” NFL Rivals will bring fans a host of engaging opportunities to interact with their favorite team throughout the upcoming NFL season
After being released from prison, Pavel Durov, the CEO of Telegram, is now under judicial supervision with strict conditions imposed on him. These conditions include posting a €5 million bond, remaining within French territory, and checking in with the police station twice a week. The Paris Judicial Court has formally charged Durov with six offenses,
Recent findings by TRM Labs have brought attention to the concerning trend of illicit activity at crypto ATMs. The report highlighted that these cash-to-crypto services have processed over $160 million in illicit volumes since 2019, with a sharp increase in 2023. The lack of stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols at
The U.S. Securities and Exchange Commission (SEC) recently brought charges against two brothers, Jonathan Adam and Tanner Adam, for allegedly running a $60 million Ponzi scheme. The complaint, filed in the United States District Court for the Northern District of Georgia in Atlanta, accused the brothers of defrauding over 80 individuals. The scheme involved falsely
The Nigerian Securities and Exchange Commission (SEC) has recently granted two local crypto exchanges, Busha Digital Limited and Quidax, “Approval-in-Principle” to commence operations under the Accelerated Regulatory Incubation Program (ARIP). These approvals are part of the SEC’s efforts to promote innovation while ensuring investor protection within the digital asset space. The ARIP was designed to
Recently, both Binance and Bybit have dropped hints about launching new products related to Solana. This has led to speculation within the crypto community about the possibility of these exchanges entering the Solana liquid staking market. Binance’s official X account posted a cryptic message with “BNSOL” followed by “coming soon,” while Bybit announced the introduction
When it comes to the world of cryptocurrency, one of the important aspects to consider is the age requirements for buying and selling digital assets. Knowing the minimum age needed to purchase cryptocurrencies legally in 2024 is crucial for compliance with regulations and making informed decisions within the crypto market. In 2024, the typical minimum
The US Securities and Exchange Commission has recently set its sights on various cryptocurrency platforms, with its most recent target being the NFT platform OpenSea. OpenSea’s CEO, Devin Finzer, took to social media to express his disappointment in the SEC’s actions. Finzer revealed that OpenSea had received a Wells Notice from the SEC, signaling that