Articles for tag: anti-money laundering, digital currency trading, Ethiax, financial security, regulatory compliance, trading transparency, U.S. MSB license

January 28, 2025

Ethiax Proudly Achieves MSB License Certification: A Milestone in Financial Services Compliance and Trustworthiness

Ethiax, a leading global digital currency trading platform, has achieved a significant milestone by obtaining the U.S. Money Services Business (MSB) license. This certification improves its regulatory compliance, offering users a safer and more transparent trading experience. Ethiax emphasizes strict adherence to international regulations, focusing on anti-money laundering, counter-terrorism financing, and customer identity verification. With ...

January 27, 2025

Market News

Crypto

Alchemy Pay Secures AUSTRAC Approval as Approved Digital Currency Exchange Provider in Australia

Alchemy Pay has successfully obtained approval from AUSTRAC to operate as a Digital Currency Exchange Provider in Australia. This milestone allows the company to offer smooth and secure fiat-to-crypto payment services tailored for the Australian Market. By establishing local payment partnerships, Alchemy Pay aims to enhance crypto exchange services competitively. This regulatory approval not only ...

January 27, 2025

Market News

Crypto

Russian Power Grid Titan Explores Bitcoin Mining Ventures for Sustainable Energy Solutions and Economic Growth

Rosseti Group, Russia’s largest power grid operator, is looking into cryptocurrency mining at its underused power centers. The company aims to enhance its revenue and taxes by coordinating the deployment of mining infrastructure across the country. With its existing facilities and technical capabilities, Rosseti is well-prepared for mining operations, and it’s considering a unique tariff ...

January 26, 2025

Market News

Crypto

TelpyX Exchange: Your All-in-One Cryptocurrency Trading Platform Offering Diverse Blockchain Solutions for Seamless Trading Experience

TelpyX Exchange, based in Denver, is making waves in the cryptocurrency Market by partnering with over 400 companies to develop custom blockchain solutions. Since its launch in 2023, TelpyX has rapidly grown, boasting more than 500,000 registered users and handling over $1 billion in daily trading volume. The platform stands out for its advanced technology, ...

January 26, 2025

Market News

Crypto

TelpyX Exchange: Your All-in-One Cryptocurrency Trading Platform with Comprehensive Blockchain Solutions for Seamless Transactions and Investments

TelpyX (TEL) Exchange, based in Denver, is making waves in the cryptocurrency Market by partnering with over 400 companies to offer tailored blockchain solutions. Launched in 2023, TEL provides a secure and innovative trading platform for global investors, featuring advanced technologies and a commitment to customer service. With regulatory compliance from both the Australian Securities ...

January 13, 2025

Market News

Crypto

US Bank Regulator Sets February Deadline for BlackRock’s Bank Stake Review, Bloomberg Reports

The Federal Deposit Insurance Corporation (FDIC) has set a new deadline of February 10 for BlackRock to address concerns about oversight of its investments in banks regulated by the FDIC. This follows BlackRock’s failure to meet a previous deadline on January 10. If progress isn’t made, the FDIC may investigate further and request more information ...

January 9, 2025

Market News

Crypto

1Kbit Evolves: From Cryptocurrency Custodian to Advanced Trading Platform for Enhanced User Experience and Market Growth

1Kbit, a leading cryptocurrency wallet service in the U.S., has transformed into an integrated trading platform. This shift aims to enhance its offerings, introducing advanced features like copy trading to help beginners replicate the trades of experienced investors. Known for prioritizing security, 1Kbit employs top blockchain technologies to safeguard user funds. As it evolves, the ...

January 7, 2025

Market News

Crypto

Gemini Settles Bitcoin Case with Winklevoss Twins, Agrees to Pay $5M Fine

Gemini Trust Company, founded by the Winklevoss twins, has agreed to pay a $5 million fine to resolve charges from the US Commodity Futures Trading Commission (CFTC). The allegations stem from misleading statements made by Gemini in 2017 regarding a bitcoin futures contract they aimed to introduce. As part of the settlement, Gemini will also ...

December 17, 2024

Market News

Crypto

Ripple Launches Stablecoin Initiative Aiming for Global Exchange Integration and Enhanced Cryptocurrency Adoption

Ripple, a well-known blockchain company, is set to launch its stablecoin, Ripple USD (RLUSD), on December 17. This dollar-backed digital currency aims to enhance the use of stablecoins in global finance, especially with expected regulatory clarity following Donald Trump’s recent election. Initially, RLUSD will be available on platforms like Uphold and Bitso, with plans to ...

December 12, 2024

Market News

Crypto

Macau Completes Digital Currency Prototype, Potential Link to Future Digital Renminbi

The Macau SAR Government has completed the development of the Digital Macau Dollar, known as e-MOP, which will soon enter testing phases. This digital currency will hold the same legal value as traditional cash and cannot be declined by merchants. e-MOP will offer two wallet types: “soft wallets” for mobile app transactions and “hard wallets” ...