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CryptoCurrency
Indonesia Launches State-Backed Crypto Exchange and Clearing House
2023-07-21T15:18:57.716+02:00
CoFTRA has unveiled managers for a crypto depository service.
The platform was expected to launch in 2021.
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CryptoCurrency
FTX Launches $1B Lawsuit against Sam Bankman-Fried and Former Executives
2023-07-21T11:49:10.991+02:00
The exchange is accusing the defendants of misappropriating users' funds.
The alleged fraudulent transactions reportedly took place from 2020 onwards.
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CryptoCurrency
Bitget Joins ByBit and OKX in Newest Dubai Crypto Push, Opens Local Office
2023-07-20T12:00:00.000+02:00
Bitget extends its global reach to the Middle East, targeting UAE and Bahrain.
The company plans to hire 60 employees for the Middle East expansion.
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CryptoCurrency
Nasdaq Shelves Crypto Custody Plan, Cites ‘Shifting Reg Environment’ in US
2023-07-19T19:19:38.683+02:00
Nasdaq introduced its digital asset division in September 2022.
In other news, the SEC has accepted six spot BTC ETF applications for review.
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CryptoCurrency
OKX to Offer Crypto Trading Signals to Retail Traders
2023-07-06T11:22:59.603+02:00
The cryptocurrency exchange wants to expand its services to include trading signals.
The product will be available in August or September 2023.
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CryptoCurrency
Germany Joins Anti-Binance Sentiment, BaFin Rejects License Application
2023-06-29T13:02:38.578+02:00
Local media reports that BaFin rejected Binance's application for a crypto custody license.
This is another European country where Binance is encountering problems.
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CryptoCurrency
Coinbase Wins Supreme Court Backing for Arbitration
2023-06-24T00:04:33.042+02:00
A customer filed a class action lawsuit last year over $31K of crypto lost to scammers.
However, Coinbase is seeking to take the case into private arbitration.
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CryptoCurrency
Wall Street Giants Propel EDX Markets into Digital Asset Trading Scene
2023-06-20T19:37:38.654+02:00
EDX Markets has commenced trading operations, and completed a fresh investment round.
Later this year, the platform plans to launch a clearinghouse to boost its market efficiency.
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Retail FX
Exegy's Metro Platform Expands with Deribit Crypto Options Exchange Integration
2023-06-20T19:08:28.749+02:00
Metro offers access to options, including crypto assets.
Exegy cooperates with three exchanges, including CME, Ledger X and Deribit.
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CryptoCurrency
Binance’s Acquisition of Gopax under Threat amid Ongoing SEC Battle
2023-06-07T12:50:55.582+02:00
The crypto exchange wanted to buy a local business to build its presence in South Korea.
However, the ongoing legal battle with the SEC may foil these plans.
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CryptoCurrency
California Issues Desist Order against Coinbase amidst SEC Lawsuit
2023-06-06T22:13:58.349+02:00
California's state regulator ordered Coinbase to halt its crypto-staking services.
Conversely, Alabama's regulator gave Coinbase 28 days to avoid a cease-and-desist order.
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CryptoCurrency
After Binance, SEC Sues Coinbase over Illegal Operation of Crypto Exchange
2023-06-06T15:48:08.144+02:00
The firm allegedly operates as an unauthorized exchange, broker and clearing agency.
Coinbase CLO says the exchange is operating "business as usual."
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CryptoCurrency
OKX Partners with Komainu to Boost Institutional Cryptocurrency Trading Security
2023-06-06T11:24:15.247+02:00
Komainu's platform will allow OKX to mitigate counterparty risks.
The partnership should ensure the safety of institutional assets.
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CryptoCurrency
CoinEX Targets Hong Kong Users with New Crypto Trading Service
2023-05-29T22:25:16.357+02:00
BitHK offers crypto trading and storage services for users in Hong Kong.
The launch comes when Hong Kong is re-establishing itself as a crypto hub.
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CryptoCurrency
Despite Rivals' Retreat, Binance Returns to Japan, without Derivatives
2023-05-29T10:26:48.857+02:00
Binance acquired a Japanese crypto exchange in November.
With this move, it is expected to return to the local market in June.
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CryptoCurrency
Winklevoss Twins Shift Crypto Exchange Gemini to Dublin, Bypassing London
2023-05-26T09:16:26.127+02:00
Gemini is moving its European headquarters.
Initial reports suggested London, but in the end, it settled on Dublin.
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CryptoCurrency
TP ICAP’s Institutional Crypto Exchange Finally Goes Live for Spot Trading
2023-05-24T21:06:01.952+02:00
The interdealer broker secured a UK license for the platform in December 2022.
Partners on the project include Fidelity Digital Assets and Flow Traders, among others.
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CryptoCurrency
Binance Jumbled Customer Funds with Company Revenue: Report
2023-05-24T00:45:41.657+02:00
Binance allegedly mingled $20M from a corporate account with $15M of customer funds.
The CCO, Patrick Hillmann blasted the report, calling it "weak" and "conspiracy theories."
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CryptoCurrency
Bitget Continues European Expansion with Polish Registration
2023-05-23T15:44:16.144+02:00
The crypto exchange says it currently serves over 8M users in more than 100 countries.
Binance recently secured its 7th EU license with registration in Sweden.
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CryptoCurrency
Regulatory Hostility Pushes Binance Out of Canada
2023-05-15T07:19:56.159+02:00
Canada labeled stablecoins as ‘securities and/or derivatives’, prohibiting exchanges from offering them.
Several other crypto companies decided to exit Canada recently.
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CryptoCurrency
Media Giants Ask Court to Release Details of 9M FTX Customers
2023-05-04T21:38:57.140+02:00
The firms include Bloomberg, Dow Jones, The New York Times and The Financial Times.
FTX wants to claw back about $4 billion from Genesis.
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CryptoCurrency
Crypto Exchange Poloniex Pays $7.6M to Settle US Sanctions Violations
2023-05-02T10:37:50.017+02:00
The exchange allowed customers from the sanctioned region to trade digital assets.
It did not have a compliance measure in place until mid-2015.
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CryptoCurrency
Bitget Banks on ChatGPT's Popularity, Invests $10 Million in Fetch.ai
2023-04-27T12:00:00.000+02:00
The investment came after Bitget announced two crypto investment funds a few weeks ago.
The platform is trying to capitalize on the current hype around AI and ChatGPT.
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CryptoCurrency
Gemini Foundation Takes Flight with New Crypto Derivatives Platform outside US
2023-04-24T11:28:47.248+02:00
Gemini will offer crypto derivatives trading outside of the country.
A rising number of crypto exchanges are moving their services due to the regulatory pressures in the US.
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CryptoCurrency
Crypto Trading Exchange Bitget Expands into Lithuanian Market
2023-04-20T12:00:00.000+02:00
Bitget has successfully registered in Lithuania to offer its services in this part of Europe.
In the meantime, it dedicated $200 million to DApps innovation.
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