FM Crypto

SEC Opens Onchain Stock Trading, but Existing Tokens May Not Qualify The SEC has granted temporary exemptions allowing onchain trading in tokenised US stocks. But at least two prominent existing products - xStocks and Binance bStocks - may not qualify in their curre... https://www.financemagnates.com/cryptocurrency/regulation/sec-opens-onchain-stock-trading-but-existing-tokens-may-not-qualify/?tg=1789670534

FCA Targets Three London P2P Crypto Sites With HMRC, Police The UK Financial Conduct Authority has carried out further operations with law enforcement partners against illegal peer-to-peer crypto trading in London. https://www.financemagnates.com/cryptocurrency/fca-targets-three-london-p2p-crypto-sites-with-hmrc-police/?tg=1789649237

Payward Wants to Put US-Regulated Perpetual Futures on Hyperliquid Payward plans to bring US-regulated perpetual futures to Hyperliquid’s on-chain order book. The markets would use Hyperliquid’s infrastructure, but access, clearing and administration would stay wi... https://www.financemagnates.com/cryptocurrency/exchange/payward-wants-to-put-us-regulated-perpetual-futures-on-hyperliquid/?tg=1789587900

Deribit Moves Beyond Crypto with 90+ USDC-Settled Perpetuals Deribit is adding more than 90 USDC-settled linear perpetual futures, including contracts tied to public companies, ETFs, commodities and private-company valuations. https://www.financemagnates.com/cryptocurrency/exchange/deribit-moves-beyond-crypto-with-90-usdc-settled-perpetuals/?tg=1789567915

'Ethics', Not Economics, Sink the CLARITY Act in the Senate The US Senate failed to advance the Digital Asset Market Clarity Act on September 15, with Senator Elissa Slotkin calling its ethics provisions "simply too thin" as she cast one of the no votes. https://www.financemagnates.com/cryptocurrency/ethics-not-economics-sink-the-clarity-act-in-the-senate/?tg=1789535147

Bitpanda CEO to Depart as Crypto Broker Delays Frankfurt IPO Bitpanda is preparing for another change at the top less than a year after Lukas Enzersdorfer-Konrad became its sole CEO. The move comes as the crypto broker delays a potential initial public offer... https://www.financemagnates.com/cryptocurrency/exchange/bitpanda-ceo-to-depart-as-crypto-broker-delays-frankfurt-ipo/?tg=1789504860

Assetera Brings 200 Tokenised Stocks to European Retail Investors Assetera has added xStocks to its platform, giving eligible retail investors and B2B partners access to more than 200 tokenised stocks across 30 EU and EEA markets. https://www.financemagnates.com/cryptocurrency/assetera-brings-200-tokenised-stocks-to-european-retail-investors/?tg=1789487303

KuCoin Opens Managed Portfolios to Users with Deposits from 100 USDT KuCoin is offering eligible users access to professionally managed portfolios starting at 100 USDT; customers can subscribe to a strategy instead of selecting individual assets. https://www.financemagnates.com/cryptocurrency/exchange/kucoin-opens-managed-portfolios-to-users-with-deposits-from-100-usdt/?tg=1789485600

CoinEx Cashes Out: Hong Kong Crypto Exchange to Shut After Nine Years CoinEx, a Hong Kong-based cryptocurrency exchange founded in December 2017 by mining pool ViaBTC, today (Tuesday) announced that it will cease operations and begin an orderly liquidation, citing th... https://www.financemagnates.com/cryptocurrency/coinex-cashes-out-hong-kong-crypto-exchange-to-shut-after-nine-years/?tg=1789459837

Kraken Lets Users Earn DeFi Yield on Nvidia and ETF xStocks Kraken has launched on-chain yield vaults for three tokenised securities, enabling qualified clients to earn variable rewards from their tokenised positions in Nvidia and two major US ETFs. https://www.financemagnates.com/cryptocurrency/exchange/kraken-lets-users-earn-defi-yield-on-nvidia-and-etf-xstocks/?tg=1789415841

18 Attorneys General Challenge CLARITY Act Ahead of Senate Vote Senate Republicans have added language giving state attorneys general a role in enforcing parts of the CLARITY Act. That has not resolved the larger dispute over whether the crypto market-structure... https://www.financemagnates.com/cryptocurrency/regulation/18-attorneys-general-challenge-clarity-act-ahead-of-senate-vote/?tg=1789410166

The $245 Million Phone Call: How Crypto Fraud Became a Business One of the largest cryptocurrency thefts from a single victim did not require breaking Bitcoin's cryptography. Stolen data, a credible story and the victim's cooperation were enough to take over $2... https://www.financemagnates.com/cryptocurrency/the-245-million-phone-call-how-crypto-fraud-became-a-business/?tg=1789059420

If MiCA Can Crack DeFi, Its Slow-and-Steady Approach Could Beat CLARITY Back in the 6th century BC, ancient Greek fabulist Aesop came up with the story The Tortoise and the Hare, which still resonates today. https://www.financemagnates.com/cryptocurrency/if-mica-can-crack-defi-its-slow-and-steady-approach-could-beat-clarity/?tg=1789056000

Nasdaq Invests US$100 Million In Kraken Parent Payward Nasdaq has announced today (Thursday) that it has invested US$100 million in Payward, the parent company of Kraken. The capital injection from Nasdaq’s venture arm aims to support the “continued ev... https://www.financemagnates.com/cryptocurrency/nasdaq-invests-us100-million-in-kraken-parent-payward/?tg=1789042096

Kraken Adds Editable Grid Bot with Backtesting to Desktop App Kraken has added Smart Grid, an automated range-trading tool, to its desktop application for eligible Pro users. The exchange is entering a crowded grid-bot category by focusing on backtesting, sav... https://www.financemagnates.com/cryptocurrency/exchange/kraken-adds-editable-grid-bot-with-backtesting-to-desktop-app/?tg=1788987720

Bybit Adds Chat to Its AI Stack, Pointing to a Broader Shift While crypto exchanges and retail brokers have largely converged on MCP integrations in their AI roadmaps, some, such as Bybit, are now adding a conversational AI front end that sits on top of that... https://www.financemagnates.com/cryptocurrency/bybit-adds-chat-to-its-ai-stack-pointing-to-a-broader-shift/?tg=1788940814

FCA Puts Net Benefit of Its Crypto Regime at Just GBP 120 Million The UK Financial Conduct Authority (FCA) expects its new cryptoasset regime to generate a net benefit of just GBP 120 million. FM Intelligence said today (Tuesday) its analysis found GBP 1. https://www.financemagnates.com/cryptocurrency/fca-puts-net-benefit-of-its-crypto-regime-at-just-gbp-120-million/?tg=1788894840

Bybit Adds 24/7 FX Majors to Its Crypto Derivatives Account Bybit is adding 24/7 FX perpetuals to the account structure it uses for crypto derivatives, while keeping them separate from its MetaTrader 5-based CFD service. https://www.financemagnates.com/cryptocurrency/exchange/bybit-adds-247-fx-majors-to-its-crypto-derivatives-account/?tg=1788890400

Binance Plans Kazakhstan Settlement Hub for CIS and Eastern European Clients Kazakhstan is trying to turn its new first-category payment organisation licence into a regulated channel for crypto-linked regional settlement. https://www.financemagnates.com/cryptocurrency/exchange/binance-plans-kazakhstan-settlement-hub-for-cis-and-eastern-european-clients/?tg=1788814200

Purported White Hats Pull $320M From Liquid Reserve, Putting L-BTC Peg Under Scrutiny Liquid’s halt turned on the part of the network that matters most to L-BTC holders: the reserve mechanism behind its stated 1:1 Bitcoin peg. https://www.financemagnates.com/cryptocurrency/purported-white-hats-pull-320m-from-liquid-reserve-putting-l-btc-peg-under-scrutiny/?tg=1788792782