Category: Gemini

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Gemini receives license to provide electronic money services in Ireland

The license does not allow Gemini to operate as an exchange in the country, but it will let it passport e-money services throughout the EEA. Cryptocurrency exchange Gemini has received an electronic money license from the Central Bank of Ireland. It was the 18th organization to receive the license, and the first since October 2020.…
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Indian Crypto Tax Move, Shorting Coinbase, FTX and Gemini in New Markets + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____… Read More: Indian Crypto Tax Move, Shorting Coinbase, FTX and Gemini in New Markets + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

ApeCoin Soars After Launch, BAYC NFT Prices Pump and Dump

  The Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection’s new utility and governance token ApeCoin (APE) was airdropped to holders of NFTs in the BAYC ecosystem on Thursday, soaring in price as major exchanges rushed to list it. At 10:13 UTC on Friday, APE traded at USD 14.61, up 41% for its first…
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Gemini joins Coinbase and Block at the Crypto Council for Innovation

The crypto exchange declared it spent $120,000 on lobbying activities in the U.S. in the third and fourth quarters of 2021. The Crypto Council for Innovation, or CCI, has announced that Gemini will be joining its list of crypto-friendly firms aimed at supporting lawmakers on related regulation. In a Thursday announcement, the CCI said that…
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Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’

On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is described as an “industry-driven solution” developed to comply with the Financial Action Task Force (FATF) Travel Rule. There are currently 18 crypto firms that have joined TRUST so…
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IRA Financial Trust Hack Reportedly Sees USD 36M in Crypto Stolen From Users

  US-based IRA Financial Trust, a regulated financial institution that offers self-directed retirement accounts, has been hit with a hack that resulted in the loss of USD 36m in crypto, Bloomberg reported, citing a person familiar with the investigation…. Read More: IRA Financial Trust Hack Reportedly Sees USD 36M in Crypto Stolen From Users  Read…
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Bitso Expands to Colombia Amidst Growing Cryptocurrency Adoption in the Country

Bitso, a Mexico-based cryptocurrency exchange, is expanding and strengthening its push into the Colombian market in the midst of growing interest in these new technologies in the country. Bitso has appointed Emilio Pardo as a new country manager, to debut the start of operations in Colombia in partnership with Banco de Bogota. Bitso Enters…
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What’s Behind the KPMG Bitcoin & Ethereum Hype?

  The cryptoverse is hyped about the news that full-service Audit, Tax, and Advisory firm KPMG in Canada added the top two cryptoassets to its treasury. However, while the news is important for the space, it might help to keep in mind that the company in question is an independent KPMG affiliate, and the size…
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13 Crypto Exchanges Custody 7% of the Crypto Economy, Coinbase Dominates With $56.2B AUM

As 2022 begins, 13 different cryptocurrency exchange platforms have more than a billion dollars each in digital currencies held in reserves. Between all 13 trading platforms, the group of exchange platforms hold a whopping $165.25 billion worth of bitcoin, ethereum, and tether. 13 Crypto Exchanges Hold a Billion or More in Crypto Equalling Over $165…
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Crypto News Rewind 2021: Q2 – Bitcoin Crash, China’s Crypto Crackdown, El Salvador’s BTC Move, Musk vs BTC

  Here is what happened in the Cryptoworld in the second quarter of this year: Total crypto market capitalization in Q2 ____ Learn more:- Crypto News Rewind 2021: Q1 – Rallies, Tesla & MicroStrategy & PayPal Bitcoin Moves, Historic NFT Moments … Read More: Crypto News Rewind 2021: Q2 – Bitcoin Crash, China’s Crypto Crackdown, El…
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