Crypto.com Partners With Mastercard to Expand Digital Payments in GCC Region

December 4, 2024 Bitcoin.com

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Crypto.com has announced a strategic partnership with Mastercard, enabling the cryptocurrency platform to issue payment cards directly in the Gulf Cooperation Council (GCC) region, starting with Bahrain. Crypto.com Secures Principal Licence to Issue Mastercard-Powered Cards The collaboration revealed on Dec. 4, grants Crypto.com a principal licence to issue cards on Mastercard’s payment network. This move, […]

Bitcoin whales have scooped up 34K BTC since December dump: Analyst

Crypto.com to launch Mastercard-powered card in Bahrain

December 4, 2024 Coin Telegraph

Bahrain

The new offering will be available across all Crypto.com card tiers with up to 8% rewards on spending.

Mastercard announced on Dec. 4 that it had issued a license to Hong Kong-based cryptocurrency exchange Crypto.com to begin offering its pre-paid payments card services on the Mastercard network in the Gulf Cooperation Council (GCC) region, beginning with Bahrain in January of 2025.

According to a blog post from Mastercard, once issued, cardholders will be able to fund their accounts via the Crypto.com app using e-money wallets or third party-issued credit and debit cards.

The card will be offered across all five Crypto.com card tiers, including its top-level “Black Obsidian” offering, with rewards of up to 8% and card payouts in US dollars.

Bitcoin whales have scooped up 34K BTC since December dump: Analyst

Crypto.com Expands Offerings With Acquisition in Australia

November 17, 2024 Bitcoin.com

Australia

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 financial product offerings, including derivatives, securities, foreign exchange, and managed investment schemes, to eligible users. CEO Kris Marszalek highlighted the acquisition […]

Bitcoin whales have scooped up 34K BTC since December dump: Analyst

FTX tries to reclaim $11M from Crypto.com-controlled Alameda account

November 8, 2024 Coin Telegraph

FTX tries to reclaim M from Crypto.com-controlled Alameda account

Bankruptcy

Alameda Research has filed complaints against crypto exchange KuCoin and Crypto.com to recover millions in locked funds as FTX prepares to repay users.

Alameda Research, one of the sister firms connected to defunct crypto exchange FTX and a party to its bankruptcy case, is seeking to recover more than $11 million in a Crypto.com account held since 2022.

In a Nov. 7 filing in the United States Bankruptcy Court for the District of Delaware, Alameda filed a complaint to “recover at least $11.4 million in debtor assets contained in a Crypto.com exchange account” controlled by the company. The firm requested an order from the bankruptcy court “directing Crypto.com to turn over to the Debtors the assets” that were not of “inconsequential value.”

Source: Kroll

Bitcoin whales have scooped up 34K BTC since December dump: Analyst

Crypto.com Unveils ‘Level up’ Rewards Program, Integrates New Service Suite

November 8, 2024 Bitcoin.com

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Singapore-based Crypto.com has unveiled its “Level Up” rewards program, seeking to deliver stocks, banking services, and cards under one roof. The company will integrate these new functionalities, offering 3% on stock deposit transfers, 7.5% rewards on idle cash balances, and 8% in uncapped rewards on card spending. With this move, including these new and improved […]

Bitcoin whales have scooped up 34K BTC since December dump: Analyst

Crypto.com To Offer Equities Trading to US Customers After Acquiring Broker-Dealer

November 2, 2024 The Daily Hodl

crypto trading

The Singapore-based digital asset exchange Crypto.com has acquired the US broker-dealer Watchdog Capital in an effort to launch equities trading for American customers. The New Hampshire-based broker is registered with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA), a self-regulatory organization that creates and enforces rules […]

The post Crypto.com To Offer Equities Trading to US Customers After Acquiring Broker-Dealer appeared first on The Daily Hodl.

Bitcoin whales have scooped up 34K BTC since December dump: Analyst

Crypto.com Acquires SEC-Registered Broker-Dealer Watchdog Capital to Expand US Trading Offerings

November 1, 2024 Bitcoin.com

bitcoin.com

Crypto.com announced on Thursday the acquisition of Watchdog Capital, LLC, a broker-dealer registered with the SEC and a member of FINRA and SIPC. This acquisition will allow Crypto.com’s new subsidiary to offer equities and equity options to eligible traders in the U.S. CEO Kris Marszalek emphasized the company’s commitment to integrating traditional financial tools with […]

Bitcoin whales have scooped up 34K BTC since December dump: Analyst

Crypto.com acquires SEC-registered broker to expand equities offerings

October 31, 2024 Coin Telegraph

acquistion

The acquisition will allow Crypto.com’s family of companies to offer stocks and equity options to eligible traders in the United States.

Cryptocurrency exchange Crypto.com has announced the acquisition of Watchdog Capital, a broker-dealer registered with the United States Securities and Exchange Commission (SEC).

The move will allow the exchange’s subsidiary in the country to offer stocks and equity options to eligible traders, broadening its suite of financial services beyond crypto. According to an Oct. 31 announcement, Watchdog Capital is also a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).

Watchdog Capital was established by Bruce Fenton, a long-time advocate for digital assets.

Bitcoin whales have scooped up 34K BTC since December dump: Analyst

SEC’s Crypto Regulation Labeled a ‘Disaster’ by Commissioner

October 12, 2024 Bitcoin.com

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A U.S. Securities and Exchange Commission (SEC) commissioner has called the agency’s approach to cryptocurrency regulation a “disaster,” highlighting the SEC’s reliance on enforcement without clear guidance. He criticized the lack of regulatory clarity, which has led to conflicting court rulings, and emphasized the need for clearer distinctions on what falls under securities law. SEC’s […]

Bitcoin whales have scooped up 34K BTC since December dump: Analyst

Blockchain data firm Arkham to launch derivatives exchange: Report

October 11, 2024 Coin Telegraph

Arkham

Arkham Intelligence's token, ARKM, is up more than 16% on the news, according to CoinGecko.

Blockchain analytics firm Arkham Intelligence reportedly plans to launch a cryptocurrency derivatives exchange as soon as next month, according to a Bloomberg report.

The exchange will target retail traders and compete with existing platforms such as Binance, Bloomberg said, citing a person familiar with the matter.

Arkham is already reportedly in the process of obtaining a license in the Dominican Republic, where it plans to operate the exchange.

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