Financemagnates

Crypto.com's Plan to Trade Against Users Puts "No House" Model Under Scrutiny

Crypto.com is building an internal market-making team with the stated goal of profiting from trading on its own prediction market, Bloomberg reports.This move might

2025/12/26

Binance Affiliate Trust Wallet Hacked, but CZ Assures $7M Loss Compensation

Trust Wallet, a crypto wallet owned by Binance founder Changpeng Zhao, has been compromised, resulting in the confirmed theft of at least $7 million in cryptocurrencies

2025/12/26

“UK Parliament Wasn’t Skeptical of Crypto — It Was Unfamiliar with It,” Lessons From FMLS:25

Speaking at the Finance Magnates London Summit (FMLS:25), former MP and UK-US Crypto Alliance founder Dr Lisa Cameron warned that the UK risks forfeiting its ambition

2025/12/25

Ethereum’s Vitalik Buterin Defends Prediction Markets, Calling Them ‘Healthier’ Than Stocks

Ethereum co-founder Vitalik Buterin has pushed back against growing criticism of prediction markets, arguing that their risks are overstated and often comparable

2025/12/25

Spain to Enforce MiCA and DAC8 in 2026, Ending Crypto’s Regulatory Grey Area

Spain is moving to close the regulatory gap for crypto firms. From 2026, MiCA and DAC8 will bring digital asset providers under the same licensing and reportin

2025/12/24

Bybit Pulls Back in Japan as Crypto Regulation Forces Tough Choices

Bybit will begin restricting access to its platform for residents of Japan from next year as it moves to align more closely with the country’s financial regulations

2025/12/24

“Third-Party Dependencies Are the Biggest Friction for Stablecoins,” Insight from FMLS:25

As stablecoins mature, financial institutions are exploring ways to integrate them into everyday operations, moving beyond pilot programs toward real-world applications

2025/12/24

CySEC Confirms February Deadline for Crypto Firms Seeking MiCA Approval

The Cyprus Securities and Exchange Commission has reminded Crypto-Asset Service Providers operating in Cyprus of the deadline to apply for authorisation under the

2025/12/23

CME-FanDuel New Prediction App Lets Users Wager on S&P 500, Oil and Sports Results

Sports betting operator FanDuel has teamed up with CME Group to launch a mobile app where users can trade on real-world outcomes, including financial market moves

2025/12/23

As Sub-Saharan Africa’s Crypto Flows Top $200 Billion, Ghana Lays Down the Rules

Ghana has taken a major step toward embracing the digital economy by formally legalizing cryptocurrency trading. The move marks a turning point for the country’

2025/12/22