financial services

Guidelines for firms listing and delisting cryptocurrencies in New York have tightened up to better protect investors, according to the state’s financial regulator.The New York State Department of Financial Services (NYDFS) unveiled new restrictions on Nov. 15 which mandate crypto co ...

The United States House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion received an education in the uses of blockchain technology in a hearing entitled “Crypto Crime in Context: Breaking Down the Illicit Activity in Digital Assets” on Nov. 15. Th ...

The United States Financial Services Committee (FSC) has scheduled a Nov. 15 hearing for a deep dive into the illicit activities in the cryptocurrency ecosystem. The hearing, ‘Crypto crime in context: breaking down the illicit activity in digital assets,’ will feature prominent ...

A new crypto-lending platform dubbed Tokenet says it will service what it expects to be an influx of institutional clients following the potential United States approval of spot Bitcoin (BTC) exchange traded fund (ETF). The platform was launched by a team of executives who previously ...

Fiat payment rails and neobanking services are becoming a vital cog in driving mainstream adoption and acceptance of the wider cryptocurrency space, according to key industry figures at the intersection of traditional finance and Web3.Executives from OpenPayd, Ramp Network and Damex unpack ...

Fiat payment rails and neobanking services are becoming a vital cog in driving mainstream adoption and acceptance of the wider cryptocurrency space, according to key industry figures at the intersection of traditional finance and Web3.Executives from OpenPayd, Ramp Network and Damex unpack ...

The Financial Services Commission (FSC) of Mauritius started collecting feedback from industry stakeholders and the general public regarding the inclusion of metaverse within the financial services industry.The FSC Mauritius dedicated the entire month of November to amass comments on the s ...

Around 1 in 3 United States investors would be open to following AI-generated financial advice without verifying it with another source, according to a recent survey. On Aug. 22 the Certified Financial Planner Board of Standards released the results of a poll that surveyed over 1,100 adults in ea ...

Hester Pierce, commissioner of the United States Securities and Exchange (SEC), has raised concerns about the watchdog's recent statement advising accounting firms against taking on non-audit work for crypto firms.In a July 28 tweet, Pierce challenged the recent statement made by the ...

Crypto market’s volatility and potential for profit and lossThe crypto market is known for its high volatility, which refers to the rapid and unpredictable price fluctuations of cryptocurrencies. Market sentiment, recent news events, regulation changes, technological advancements, and general mar ...

The Australian financial services regulator has finally canceled the financial license of FTX Australia, the bankrupt crypto exchange’s local subsidiary. On July 19, the Australian Securities and Investments Commission announced the cancellation, which took effect July 14. FTX A ...

The Belgian Financial Services and Markets Authority (FSMA) has ordered major cryptocurrency exchange Binance to stop offering crypto exchange and custody wallet services. In a June 23 notice, the FSMA said that by Binance offering crypto-related services “from countries that are not ...

Despite plenty of regulatory action in the United States and an ongoing crypto winter, former TradFi executives, now in crypto, said there’s no desire to return to their old banking lives.Instead, several former traditional bankers told Cointelegraph they remain bullish about the ind ...

United States crypto lobby group Blockchain Association has filed a request with the U.S. Securities and Exchange Commission, seeking information about the formerly little-known crypto company Prometheum.The company became the center of the crypto industry's attention this week when its CE ...

Progress can have its drawbacks, as the French stock market regulator, the nongovernmental Autorité des marchés financiers (AMF), has noticed. According to the AMF ombudsman, digital asset-related mediations rose sharply in 2022, as did the number of registered digital asset service ...

Credit cards may be excellent financial instruments if used responsibly. However, many individuals fall into the trap of collecting excessive debt due to careless credit card usage. This article will cover numerous tactics and best practices to help you use credit cards sensibly, avoid debt and m ...

As reported by Reuters, holders of the first cryptocurrency on the Binance Australia platform are selling bitcoins at a discount of A$9,000 (nearly $6,000). On the Binance Australia platform, the bitcoin price was about A$34,000 ($23,000). At the same time on the local c ...

European Securities and Markets Authority (ESMA) has published an official warning about the risks of investing in cryptocurrencies, which remain relevant until the entry into force of the law on the regulation of cryptocurrencies in the European Union (MiCA). ESMA states t ...

European Central Bank (ECB) governor Fabio Panetta commented on the growing need, benefits and security of central bank digital currency (CBDC). European Central Bank (ECB) board member Fabio Panetta said the European regulator fully supports research into the digital e ...

The U.K. Parliament has released a 28-page report proposing to regulate cryptocurrencies that are not backed by real assets as gambling. The study stresses that such cryptocurrencies, including bitcoin and ether, could potentially be used for fraud and money laundering. ...

Treasury Committee in the House of Commons opposes regulation of cryptocurrencies as traditional assets A group of lawmakers is pushing to equate trading in unsecured tokens with gambling Appears it will reduce risks for investors The UK Treasury Comm ...

Starting from May 17th, the Financial Services and Markets Authority (FSMA) of Belgium will oversee the advertisement of cryptocurrencies. In line with this development, the FSMA has also conducted a comprehensive survey amongst investors on their involvement with crypto assets. This digital c ...

According to Christian Hui, the Minister of Financial Services in Hong Kong, the city's crypto-friendly policies are drawing the attention of numerous crypto companies, with over 80 expressing interest in establishing offices. This surge in interest is attributed to the official announcement of s ...

According to recent findings from Juniper Research, digital currencies issued by central banks are expected to experience significant growth by 2030, with transactions increasing by a staggering 210,000% to a value of $213 billion. Analysts believe that this surge will be fueled by central banks' ...

Media reports suggest that Jefferies, an investment company based on Wall Street, is considering purchasing FTX, a failing cryptocurrency exchange, and plans to return it to the forefront of the cryptocurrency industry. With over 40 potential buyers expected to participate in the auction for the ...

"The Zambian government is taking a big step forward by embracing the use of crypto assets for payments," declared Felix Mutati, the Minister of Science and Technology. He stated that Zambia is prepared to integrate digital currencies into its financial system and that the government has already ...