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Crypto Transactions Surge in Spain’s Real Estate Market

[Nov 18, 2024 9:30 AM] According to Enlace, a real estate tech company, the number of real estate transactions involving some form of cryptocurrency as payment has surged this year. The company found that this usage grew by 15% in 2024, driven by the benefits these…

Crypto.com Expands Offerings With Acquisition in Australia

[Nov 17, 2024 10:30 AM] Crypto.com has announced its acquisition of Fintek Securities Pty Ltd., a brokerage firm with an Australian Financial Services Licence regulated by the Australian Securities and Investments Commission. This move allows Crypto.com to broaden its…

DOJ’s Crypto Enforcement Cracks Down on $73M Laundering Scheme

[Nov 17, 2024 6:30 AM] The U.S. Department of Justice (DOJ) announced Tuesday that Daren Li, a dual citizen of China and St. Kitts and Nevis, has pleaded guilty to conspiracy to commit money laundering, admitting to laundering over $73 million from cryptocurrency…

Hong Kong Exposes Crypto Firms Misrepresenting as Licensed Banks

[Nov 16, 2024 9:30 AM] The Hong Kong Monetary Authority (HKMA) has issued a warning about the misuse of the term “bank” by overseas crypto firms operating in Hong Kong, cautioning the public to verify the legitimacy of such claims. The HKMA observed that two crypto…

Coinbase Acquires Utopia Labs Team to Accelerate Onchain Payments

[Nov 14, 2024 8:55 PM] Coinbase is enhancing its onchain payments capabilities with the acquisition of the Utopia Labs team, which will join Base to advance the onchain payments roadmap within Coinbase Wallet. Jesse Pollak, who is stepping up to lead both Coinbase Wallet…

Revolut Launches Standalone Crypto Exchange Across Europe

[Nov 14, 2024 11:30 AM] Revolut is expanding the international reach of its digital asset services with the rollout of Revolut X in 30 new countries across Europe. This expansion follows the standalone crypto platform’s launch in the UK in May, where it was designed…