Latest news by Industry Spread
FCA Freezes Assets Of Concept Capital Group Amid Alleged £23m Investment Scam
Britain’s financial watchdog has launched legal action against Concept Capital Group and a group of associates over an alleged £23 million unauthorised investment scheme involving static homes pitched as safe, government-backed social housing plays. The…
Bitcoin Miner Argo Blockchain Faces Nasdaq Delisting Over Low Share Price
Argo Blockchain, a London-based Bitcoin miner, is at risk of being delisted from the Nasdaq after failing to meet the exchange’s minimum share price requirement, the company said on Tuesday. Argo received a notice from…
Lummis Pushes Bill To Let Homebuyers Use Crypto In Mortgage Applications
Senator Cynthia Lummis has introduced legislation that would give digital assets a formal role in U.S. mortgage applications, building on a recent move by a federal housing regulator. The proposal, called the 21st Century Mortgage…
SEC Greenlights In-Kind Redemptions For Crypto ETFs
The U.S. Securities and Exchange Commission approved a long-awaited change to how cryptocurrency exchange-traded products (ETPs) are managed, giving the green light for in-kind creations and redemptions. The decision allows authorized participants to exchange shares…
Samourai Wallet Founders Set To Plead Guilty In Bitcoin Mixing Case
The co-founders of Samourai Wallet are expected to plead guilty this week to charges tied to laundering over $100 million through their bitcoin mixing service, in a case that parallels the high-profile Tornado Cash trial…
Cyprus Warns Of Wave Of Fake ‘Loss Recovery’ Sites Targeting Scammed Investors
Cyprus’s top financial watchdog is sounding the alarm over a surge in fraudulent “loss recovery” websites posing as official agents of the country’s securities regulator and preying on desperate victims of previous scams. The Cyprus…
Zap Africa Unveils New Brand Identity
The Nigerian finance firm Zap Africa has made a big makeover to its identity, including a new logo and a big update to its main product, Zap Exchange. This change shows how the company has…
Binance To Launch PlaysOut (PLAY) On Alpha And Futures Markets
On July 31, 2025, Binance, one of the biggest cryptocurrency exchanges in the world, will debut PlaysOut (PLAY) on its Binance Alpha and Futures platforms. This is the first time that PLAY, a token that…
Ruble-Backed Stablecoin A7A5 Moves $40B Amid Sanctions Workarounds
A Ruble-backed stablecoin tied to a Russian defense bank and a sanctioned payments firm has seen its usage spike sharply, with over $40 billion moved through the system to date, according to blockchain analytics firm…
RAKBANK And Bitpanda Launch UAE’s First In-App Crypto Trading Service
The National Bank of Ras Al Khaimah (RAKBANK) has created history by being the first traditional bank in the United Arab Emirates to provide retail cryptocurrency trading through its mobile banking app. This groundbreaking service,…