Jupiter Asset Management’s compliance team blocked its investors from having any exposure to a cryptocurrency exchange-traded product (ETP) in one of its Irish UCITs funds, according to a Financial Times report. The reason for blocking the investment was due to, “divergent regulatory approaches in the EU.” UCITS are open-ended investment funds and are a popular […]

Fidelity Digital Assets speculates losses for some miners if the Bitcoin price remains under $80,000 after the upcoming halving in April. The company released its 2024 market outlook, highlighting the growth recorded so far in Bitcoin, the state of miners, and possible perspectives for the near future. Bullish narratives have been on the rise in […]

ARK Invest, the asset management firm led by prominent Bitcoin (BTC) advocate Cathie Wood, has sold a significant amount of Coinbase stock ahead of the crypto exchange’s impressive earnings report. According to a filing on Thursday, ARK Invest sold $34.3 million worth of Coinbase shares from three of its funds, including ARK Innovation ETF (ARKK), […]

Shiba Inu ecosystem experiences another 41% surge in mysterious Shibarium anomaly

Number of Bitcoin whales up, hinting at potential rally

The post SEC Under Fire: The Hinman Ethereum Speech and Its Aftermath appeared first on Coinpedia Fintech News The U.S. Securities and Exchange Commission (SEC) is currently in the final stages of an investigation concerning a potential financial conflict of interest involving William Hinman, a prominent figure within the agency, particularly in matters related to […]

The African stablecoin on/off ramp, Yellow Card, is set to introduce the stablecoin USDC on the Stellar network. This partnership has the potential to transform global payments and accelerate the adoption of digital assets. Lightning Fast Transfer Speed Yellow Card, a major licensed stablecoin on/off ramp in the African continent, recently announced plans to introduce […]

Kraken, a U.S.-based cryptocurrency exchange, has started requiring additional information in the U.K. regarding transactions of self-custody wallets made to and from its accounts. Kraken sent an email to some of its U.K. customers, stating that if the information required was not provided, it could result in an account lock until the required data is […]

According to Chainalysis’ report on money laundering trends, the value of crypto transferred by illicit addresses in 2023 fell by nearly $10 billion from $31.5 billion to the latest $22 billion. The report attributes the drop to the overall decline in both legitimate and illicit crypto transaction volumes in 2023. An analysis of services used […]

Diana Tlupova, Head of Compliance at Nexera ID, has argued players in the decentralized finance (defi) space can stay ahead of regulators who might want to impose stringent Know-Your-Customer (KYC) rules by using zero-knowledge (zk) proofs to authenticate user credentials. Tlupova contends that, in addition to allowing users to maintain control over their KYC data, […]