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Coins.ph says its Philippine central bank license remains intact amid reports of possible revocation over alleged offshore gambling transactions. [Update, 11:00 am UTC: Added a follow-up response from a Coins.ph spokesperson.] Coins.ph said it remains licensed by the country’s central bank following reports that it could face license revocation over alleged transactions involving restricted offshore gambling operators.  Coins.ph is one of the largest crypto exchanges in the Philippines, recording approximately $52 million in 24-hour spot trading volume on Wednesday, according to CoinGecko. The reported license risk follows restrictions imposed by the Bangko Sentral ng Pilipinas (BSP) on incoming InstaPay and PESONet transfers involving DCPay Philippines, the entity operating Coins.ph’s peso e-wallet services. “Coins.ph firmly denies any claim that it knowingly serves offshore gaming or gambling operators,” the company said in an official statement shared with Cointelegraph on Wednesday. “Our users’ funds are ...

The traditional crypto exchange experience is anything but simple. You need to create an account, then verify your email, and submit identity documents. Then wait for approval and set up two-factor authentication. Deposit funds. Withdraw to your wallet. The process can take days and goes on and on before you actually own the asset you […] The post No Email, No Account, No KYC: How GhostSwap Swaps 1,600+ Coins in One Step appeared first on Cryptonews.

Cardone Capital has added 130 BTC through a Miami River refinance at 4.89% and has said eight more deals are in progress after June’s 1,000-BTC buy. It has targeted 4,000 BTC in 2025. The 10X Miami River Bitcoin Fund has launched, backed by a 346-unit property and $15 million in BTC. The post Cardone Capital Deepens Bitcoin Bet With 130 BTC Deal – Targeting 4,000 Coins by Year-End appeared first on Cryptonews.

Hashed Emergent’s Vishal Achanta told Cointelegraph that COINS Act aims to turn India from a “regulatory minefield” into a destination of choice for the crypto community. Web3 venture firm Hashed Emergent and policy advisory group Black Dot have released a model crypto law aimed at clarifying India’s regulatory framework for digital assets. Announced Monday, the Crypto-systems Oversight, Innovation and Strategy (COINS) Act offers a legislative blueprint to support a clearer, industry-led policy environment for crypto in India. The model law is non-binding and does not carry any legal effect unless formally introduced and passed by the Indian parliament.  Still, the framework offers policymakers a blueprint for crypto-related digital rights, including self-custody, protocol access and financial privacy. It also addresses key legal pain points in the country such as punitive taxation, regulatory uncertainty and the absence of a dedicated crypto regulator.  The model law recommends the creation of a new regulato...