CompaniesBIO

N26 Crypto will let users buy and sell 100 tokens including bitcoin and ether. N26 European digital bank N26 announced Thursday it is launching a crypto trading service, starting with Austria as the first market for the product. The service, called N26 Crypto, is set to become available to N26's Austrian clients in the coming weeks and will initially include 100 tokens including bitcoin and ether. N26 plans to roll out the feature to users in other markets over the next six months and eventually expand its token offering to include a total 194 coins. Gilles BianRosa, N26's chief product officer, told CNBC the bank's crypto brokerage feature allows users to "dip their toes into the water in a way that's not frothy." To make a trade, users select a coin and specify how much they want to buy or sell. Once they complete their order, cash is deducted from their main account balance and appears alongside the token of their choice. Customers can also "drag ...

Mega-influencer Kim Kardashian agreed to pay $1.26 million in penalties to the Securities and Exchange Commission to settle charges that she illicitly touted a cryptocurrency token on social media without disclosing how much she was paid for the promotion, the SEC said Monday.  In June 2021, Kardashian posted an Instagram story inviting her 328 million followers to invest in EthereumMax.  “This is not financial advice ,” Kardashian wrote in her story. “But sharing what my friends just told me about the Ethereum Max token!” Among other hashtags, she included the word “ad.” Kardashian was one of many celebrities who were part of a crypto craze last year, which included intense interest in and advertising and funding of cryptocurrencies and their related technologies. Cryptocurrencies are digital assets , such as Bitcoin, that can be bought and sold via cryptocurrency exchanges . EthereumMax is a cryptocurrency token , which is a tradable asset built on pre-existing cryptocurrency technol...