News list for " its crypto"
Northern Data AG is closing in on a deal to sell its cryptocurrency mining business as it looks to capitalise on bitcoin's rally in November. According to Elliot Jordan, chief financial officer of Northern Data, the company has hired bankers, invited bidders to submit bids and is currently reviewing proposals. "Use'in progress' to describe the most...
Argentina is innovating its cryptocurrency framework. Argentina's securities regulator (CNV) recently announced a public consultation on a draft to regulate the operations of virtual asset service providers (VASPs) in the country, imposing new compliance requirements on these institutions. If Resolution 1025 is approved, it will force cryptocurrency companies to disclose their agreements with third parties and clients. In addition, it also seeks to prevent money laundering and terrorist financin...
Northern Data AG is studying the possibility of selling its crypto mining business to free up funds to expand its artificial intelligence business. Northern Data, whose main shareholder is stablecoin issuer Tether Holdings Ltd., said in a statement Monday that it will use the proceeds from the sale of Peak Mining to focus on its artificial intelligence solutions division. Affected by this news, Northern Data's share price rose by 12% at one point, and as of 12:06 pm Frankfurt time, the share pri...
Cryptocurrency market maker Wintermute has announced that its crypto CFD (Contract for Difference) product is now available on the electronic over the counter platform Wintermute NODE. Since its launch in February this year, Wintermute's crypto CFD trading volume has increased by 19 times between March and August. The company also pioneered the launch of GMCI index CFD trading on the OTC trading desk.
Donald Trump announced that his cryptocurrency project, World Liberty Financial, would go live on September 16. He said on his official X account that the project aims to "embrace the future of cryptocurrencies" and "throw out the big, outdated banks". Trump actively embraced cryptocurrencies during his campaign and promised to fire SEC Chairperson Gary Gensler and block the sale of 213,000 bitcoins in the United States if re-elected president. The project will be based on decentralized financia...
Payment platform Mercuryo has announced that its cryptocurrency access solution has been integrated into the People's Bank of Indonesia (BRI) and Bank Negara Indonesia (BNI). The company's access solution has also enabled the Indonesian Quick Response Code Standard (QRIS), Indonesia's cashless payment system and e-wallet provider Ovo. According to Mercuryo, the new integration will allow local users to exchange Indonesian Rupiah (IDR) for 40 different digital tokens, including Bitcoin, Ethereum,...
Robinhood announced that its cryptocurrency trading service is now available in Hawaii, Puerto Rico, and the U.S. Virgin Islands. Users can now trade cryptocurrencies through the Robinhood platform in these regions.
