Coinroot

Binance, the largest cryptocurrency exchange globally, has obtained a long-awaited regulatory license in Dubai. Binance acquired its Virtual Asset Service Provider (VASP) license after co-founder Changpeng Zhao surrendered his voting power in the exchange’s local entity, as revealed by Binance CEO Richard Teng to Bloomberg on April 18. The final requirement from the Virtual Assets […]

The UK’s Finance Minister has revealed the government’s intention to establish a regulatory framework for cryptoassets by the end of July. Prime Minister Rishi Sunak, during his tenure as the nation’s finance minister, expressed the ambition to position the UK as a global center for cryptocurrencies. Economic Secretary to The Treasury, Bim Afolami, confirmed that […]

The Financial Sector Conduct Authority (FSCA) of South Africa has granted VALR, a cryptocurrency exchange backed by Pantera with headquarters in Johannesburg, both Category I and Category II licenses to operate as a Crypto Asset Service Provider (CASP). This achievement makes VALR one of the pioneer platforms for cryptocurrency assets in South Africa to receive […]

Bitcoin remains the preferred choice in investors’ portfolios (91%), with Ethereum trailing closely behind (78%), indicating strong asset preferences. A recent study by KPMG indicates a resurgence in investor sentiment following a turbulent year in the cryptocurrency market. The research, encompassing approximately 2,400 private crypto investors across Germany, Austria, and Switzerland, provides insights into evolving […]

Story Highlights: Hong Kong is set to approve its first Bitcoin and Ethereum ETFs soon, aiming to lead the Asian crypto market. The move is viewed positively for investor protection and attracting investments, but concerns linger about stringent regulations. Approval signifies a significant step for digital asset development in Asia and could establish a new […]

1. The issuance seeks to gather $6.25 million, providing a 10% coupon over a 5-year period. 2. Inversiones Laguardia S.A. de C.V. will issue the tokenized debt. Bitfinex Securities, El Salvador’s primary digital asset provider, has declared the initiation of a tokenized debt offering. This offering seeks to gather $6.25 million and provides a 10% […]

kucoin-token-kcs-cryptocurrency-kcs-coin-growth-chart-exchange-chart.webp

In an official update shared on X, the cryptocurrency exchange based in Seychelles announced its plan to initiate a one percent Tax Deducted at Source (TDS). India has been intensifying its efforts to ensure investor safety within the crypto sector. KuCoin recently joined other international exchanges in complying with India’s Financial Intelligence Unit (FIU). In […]

Monad Labs Secures $225 Million Funding Round Led by Paradigm Monad Labs secured $225 million in a financing round spearheaded by Paradigm. The funds will support the creation of a swifter iteration of the Ethereum blockchain, aligning with current DeFi applications. The funding will primarily fuel the advancement of Monad Labs’ accelerated Ethereum blockchain. This […]

abstract-virtual-social-network-concept-chinese-flag-skyline-background-multiexposure-1280x854.webp

During this challenging time, FIL tokens valued at approximately $23 million have disappeared to an undisclosed external address. STFIL, a primary liquid staking platform for Filecoin (FIL), is embroiled in controversy as its core technical team undergoes investigation by local Chinese authorities. Legal assistance has been sought to support the team members currently in custody. […]

Bitget, a cryptocurrency exchange, has announced the launch of its new initiative called the “Bitget COO Apprentice” program in Europe. This program aims to provide young individuals with the opportunity to work closely with Bitget’s executive team and gain hands-on experience in the industry. It falls under Bitget’s Blockchain4Youth initiative, which aims to offer participants […]

Binance Receives Dubai Cryptocurrency License After CZ’s Departure

UK to Issue New Crypto, Stablecoin Legislation by July, Minister Says

Crypto Exchange VALR Secures Crypto Asset Service Provider (CASP) License in South Africa

Growing Crypto Investments Among German Investors Ahead of Bitcoin Halving

Hong Kong Nears Launch of Landmark ETFs for Bitcoin and Ethereum

Bitfinex Securities Introduces El Salvador’s First Tokenized Debt to Fund New Hilton Hotel

𝗞𝘂𝗖𝗼𝗶𝗻 𝗔𝗰𝗵𝗶𝗲𝘃𝗲𝘀 𝗙𝗜𝗨 𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗶𝗻 𝗜𝗻𝗱𝗶𝗮 𝗮𝗻𝗱 𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝗲𝘀 𝗧𝗗𝗦 𝗗𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻

Monad Labs Raises Huge $225M, with Paradigm as Main Investor

Filecoin’s Second Largest DeFi Protocol Team Faces Scrutiny by Chinese Authorities

Bitget Introduces Crypto Apprentice Program to Cultivate Future Web3 Talent

Russia Proposes 15% Tax on Crypto and Mining Restrictions

WazirX Plans to Launch New Decentralized Exchange

Binance, Indian Police Bust Energy Scam, Recover $100K USDT

Indian Govt. Officials Probe Crypto Exchange WazirX's $234M Hack

Dubai's VARA Updates Marketing Regulations and Guidelines for VASPs

Germany Shuts Down 47 Crypto Exchanges for Illegal Activities

𝗬𝗼𝘂𝗿 𝗜𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝘁 𝗖𝗿𝘆𝗽𝘁𝗼 𝗮𝗻𝗱 𝗚𝗹𝗼𝗯𝗮𝗹 𝗡𝗲𝘄𝘀 𝗔𝗹𝗹𝘆

Coinroot is dedicated to delivering current, accurate, and comprehensive news in the dynamic world of cryptocurrency and global events. We aim to simplify complex crypto-economic concepts for our audience, providing a trusted source of information for crypto enthusiasts and the wider public alike.