Wollito UAB

Fines and Imprisonment for eToro Reps

Philippines SEC Says eToro Unauthorized to Sell Securities

The Securities and Exchange Commission (SEC) in the Philippines said the retail trading platform eToro is unauthorized to sell or offer securities to the public in the Philippines. In ...

5 months ago

WORMHOLE'S W TOKEN OFFERS 999% WEEKLY RETURN ON SOLANA'S KAMINO PLATFORM

Wormhole’s W Token Is Paying Out 999% a Week on Solana Protocol Kamino

Staking bridging application Wormhole’s newly released W token is making traders 999% a week as long as its capacity on Kamino, a decentralized finance (DeFi) platform on Solana,...

5 months ago

The recent Bitcoin price volatility in Asia has been closely linked to automated trading algorithms that track US ETF flows.

Asian Bitcoin Investors Face Volatility Due to Automated ETF Trading Bots: Report

In Asia, investors face turbulent times as automated trading bots react to data streaming from spot Bitcoin exchange-traded funds (ETFs). A

5 months ago

The Bank of England and the U.K.’s financial regulator, the Financial Conduct Authority, aim for the inaugural group of applicants to join the Digital Securities Sandbox in autumn 2024.

Bank of England and FCA launch digital securities sandbox for DLT testing

The Bank of England (BoE) and the Financial Conduct Authority (FCA) have begun a consultation on the draft guidance for their Digital Securities Sandbox (DSS), which is designed to allow partici...

5 months ago

“Crypto Mom” called for more positive engagement with crypto firms and fewer enforcement threats from the SEC.

SEC’s closed-door policy stifling crypto innovation — Hester Peirce

United States Securities and Exchange Commission Commissioner Hester Peirce has taken another swipe at her agency, criticizing the regulator’s guidance on crypto custody while calling for ...

5 months ago

In a crypto.news exclusive, Merkle Science Policy Director Natalia Latka discusses how the MiCA regulation could impact USDT and other stablecoins in the EU.

Will MiCA regulation end Tether’s dominance in the EU?

OKX, one of the largest global crypto exchanges, has recently delisted all USDT trading pairs to ensure compliance with the forthcoming Markets in Crypto-Assets Regulation (MiCA). This...

5 months ago

SINGAPORE EXPANDS CRYPTO REGULATIONS

Singapore expands crypto rules, now covers custody and payments

Singapore has broadened the scope of its digital asset regulations to encompass the custody of tokens and a wider range of firms involved in fund transfers, as part of the city-state’s ong...

5 months ago

Leverage traders are nursing losses of over $165 million, as the price of Bitcoin tumbled 5%.

Bitcoin 5% flash crash leads to $165M in leveraged crypto liquidations

A sudden 5% drawdown in the price of Bitcoin BTC $66,162 on Tuesday has seen traders with leveraged exposure to Bitcoin and other cryptocurrencies rack up over $165 million in losses i...

5 months ago

Blockchain and crypto have a place in a partnered remittance ecosystem in Latin America, the financial services giant found.

Mastercard sees partnerships as key to blockchain remittances in Latam

Mastercard has released a white paper on remittances in Latin America. Remittance rates are growing faster than the global average in the region, and mobile phone and internet penetration will f...

5 months ago

FCA Removed Misleading Advertisements in 2023

UK Watchdog Clarifies Rules for Memes and Finfluencers in Social Media Promotions

The UK’s Financial Conduct Authority (FCA) on Tuesday issued new guidelines for financial services promotions on social media. These apply to formats like memes, reels, and gamin...

5 months ago