A Paraguayan Deputy has said that he will be working on a crypto-related project this week, specifically with Bitcoin, which could also have PayPal payments on board. During a tweet, Carlos Rejala announced it in the wake of El Salvador’s government bill submission to Congress to make BTC a legal […]

21Shares AG, a Switzerland-based cryptocurrency ETP issuer, today announced that the company will launch a Bitcoin exchange-traded product (ETP) on the Aquis Exchange. According to an official press release, UK-based institutional investors will be able to trade the Bitcoin ETP on Aquis Exchange. For the latest launch, 21Shares has collaborated […]

Trading technology provider, FDCTech informed Finance Magnates that it has entered into a purchase agreement for the acquisition of Genesis Financial, a financial services company with operations in wealth management and direct-to-customer lending, thus closing the major deal. The companies officially agreed on the deal with the submission of an […]

PRESS RELEASE. Bitcoin.com Exchange is ecstatic to announce the listing of STAK, being available to trade on the 7th June 2021 at 10:00AM UTC. STAK was created by the Jigstack team, as the driver and as its governance token, incorporating a variety of specific DeFi protocols under one Jigstack umbrella. […]

Peter Leonidou, an industry veteran with more than 20 years of experience in international financial markets, has joined Exclusive Capital as the company’s Chief Sales Officer. According to an announcement on LinkedIn, Leonidou has joined the financial firm in June 2021. Prior to Exclusive Capital, Leonidou served as the Director […]

United States lawmakers have deliberated on the prospect of banning cryptocurrencies as a solution to the ransomware attacks that befell U.S. institutions in the past month, and opinions appear to be mixed. The largest fuel pipeline in America was brought to a halt in early May when hackers infected the […]

South Korea’s Financial Services Commission has moved to ban cross trading on crypto exchanges in the country. The move is part of a raft of amendments to the country’s Act on the Reporting and Use of Certain Financial Transaction Information. Cross trading, an illegal practice in many jurisdictions, involves offsetting […]

China’s crackdown on cryptocurrencies has reportedly spread to social media. Weibo, China’s Twitter-like microblogging service with over 530 million monthly active users, has reportedly suspended several popular Bitcoin (BTC) and crypto-related content creators on the platform. According to local reports, at least a dozen crypto influencers on Weibo have been […]