Author: admin | Page 369 | Crypto500 News

Crypto Market Maker Wintermute Eyes US Growth With New OTC Products

Wintermute, a crypto market maker, is expanding its operations into the U.S., including opening a New York office and introducing OTC products for American customers. Wintermute Plans U.S. Expansion, Cites Trump’s Pro-Crypto Stance Wintermute, one of the largest...

Nigerian authorities seeking a $79.5B penalty against Binance

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Nigeria’s federal government has sued Binance for a $79.5B penalty. The government demands $2B in back taxes for 2022-2023. Binance is accused of tax evasion and operating without a license. In an unprecedented escalation of legal confrontations, Nigeria’s federal...

Nigeria Eyes Crypto Tax Revenue

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Nigeria’s Securities and Exchange Commission is working to bring licensed crypto exchanges into the formal tax system, with a related bill likely to pass in early 2025. Nigeria Aims to Increase Revenue The Nigerian Securities and Exchange Commission (SEC) has...

Coinbase launches CFTC-regulated Solana (SOL) and Hedera (HBAR) futures contracts

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Coinbase launches CFTC-regulated Solana (SOL) futures. The launch of the regulated Solana futures contracts is seen as a pointer to Solana ETF approval in the US. Coinbase is pushing for Commodity Futures Trading Commission (CFTC) spot market control. Coinbase has...

Bitcoin ETFs Steal Gold’s Shine

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The price of gold has shot up nearly 45% since February 2024 to $2,927.10 per ounce according to gold.org, but Bloomberg exchange-traded fund (ETF) Analyst Eric Balchunas says “No one cares,” in a post on X. Indeed, gold ETFs have virtually stalled within that same...