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CryptoCurrency
Turkish Traders Welcome OKX.TR: Goes Live with TRY Trading Pairs
2024-02-27T11:33:45.510+02:00
The firm has introduced trading pairs, such as USDT/TRY, BTC/TRY, and ETH/TRY.
Turkish banks such as Akbank and Garanti BBVA have entered the cryptocurrency arena.
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CryptoCurrency
BitForex Plunges Offline amidst $57 Million Crypto Withdrawal Mystery
2024-02-27T09:51:31.395+02:00
The shutdown amid the withdrawal mystery echoes past Japanese regulatory warnings.
In September 2023, the firm ranked among the top global exchanges, trading $2.6 billion daily.
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CryptoCurrency
FCA Registered OANDA Crypto Platform to Offer Crypto Trading in the UK
2024-02-26T08:48:47.330+02:00
The establishment followed the acquisition of a crypto firm Coinpass last year.
The firm has a presence in the US crypto market through a partnership with Paxos.
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Thought Leaders
How to Create a Well-Balanced Crypto Portfolio
2024-02-23T16:41:27.715+02:00
How to create a crypto portfolio and balance it out to lower risks and mitigate volatility
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CryptoCurrency
Kraken Fires Back: Challenges SEC Lawsuit as Regulatory Overstep
2024-02-23T09:48:30.964+02:00
The testimony delivered on May 10, 2023, highlighted inadequate digital asset industry regulation.
The firm disputes the SEC's token-contract stance citing a lack of buyer-issuer agreement.
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CryptoCurrency
Binance Faces Regulatory Scrutiny in Nigeria amid Calls for Crypto Ban
2024-02-22T12:22:14.068+02:00
Crypto users in Nigeria struggle accessing exchanges' websites like Binance and OctaFX.
Binance's P2P platform has imposed limits on USDT sales, causing trading issues for users.
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Thought Leaders
Why It’s Practical to Buy and Hold Cryptocurrencies Today
2024-02-22T11:12:12.038+02:00
The market has expanded from individual traders and brokers to business establishments.
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Institutional FX
FX Expert 360T Facilitates First-Ever Crypto NDF Trade
2024-02-21T12:51:56.777+02:00
Crypto NDFs will allow direct exposure to digital assets without the need to handle them.
The first crypto NDF trade was executed between Wintermute and Crypto Finance.
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CryptoCurrency
Tyr Capital Faces Client Dispute over Exposure to FTX's Bankruptcy
2024-02-20T11:40:23.858+02:00
The $22 million claim from a client confronts the firm as it pursues asset recovery.
The entity withdrew assets from FTX on the day of its bankruptcy filing.
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Retail FX
XTB Introduces Crypto ETNs for European Traders Seeking BTC ETF Alternatives
2024-02-20T11:10:38.956+02:00
Broker introduces 3 new exchange-traded products for crypto investments.
This way, the company is expanding crypto access beyond CFDs.
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CryptoCurrency
From AllianceBlock to Nexera: A Shift towards Digital Asset Community Growth
2024-02-19T17:19:33.914+02:00
By 2030, approximately 10% of global wealth is expected to be tokenized.
The foundation nurtures its ecosystem and enhances the utility of the NXRA token.
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CryptoCurrency
Beyond ETFs: Crypto Is Going Mainstream with Big Partnerships
2024-02-16T11:36:29.557+02:00
Partnerships announced between ENS and GoDaddy, MetaMask and Robinhood, and Transak and Visa.
The trend is towards greater integration between traditional firms and crypto products.
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CryptoCurrency
Bonk Goes Mainstream: Revolut's Leap into Meme Coin Adoption
2024-02-15T11:19:52.253+02:00
The learn campaign aims to grow Bonk's user base by 500,000 individuals.
Six out of twelve council members voted in favor with no opposing votes.
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CryptoCurrency
Abu Dhabi's First Crypto Miner Shows Initial Report Following $370M IPO Success
2024-02-15T11:15:32.319+02:00
Phoenix Group UAE reported a jump in net income of 50% despite visibly lower revenues.
Crypto assets growth and a one-time contract boosted company's earnings.
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CryptoCurrency
Institutional Crypto Investors Demand CFDs: Wintermute Responds to Their Needs
2024-02-15T10:00:00.000+02:00
Crypto OTC products are no longer enough. Investors are looking for new solutions.
The new offering is aimed at efficient market access without direct asset handling.
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FinTech
Payments Infrastructure Provider Banxa Joins FCA's Roster
2024-02-13T15:35:36.802+02:00
The firm offers fiat-processing services to cryptocurrency exchanges like Binance and OKX.
Unregistered firms have reassessed operations, resulting in service withdrawals for specific clientele.
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CryptoCurrency
Crypto Finance Clinches Four BaFin Licenses Strengthening Institutional Services
2024-02-12T12:19:18.130+02:00
The licenses cover regulated digital asset trading, settlement, and custody services.
BaFin has expedited the licensing process for crypto custody services recently.
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CryptoCurrency
DNB Greenlights Kraken with VASP Registration: Opens Doors to Dutch Market
2024-02-08T18:18:10.824+02:00
The acquisition of BCM in October highlights the importance of the Dutch market.
Approximately 20% of Dutch citizens hold digital assets, among the highest rates in Europe.
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CryptoCurrency
SEC Targets Former Zipmex Thailand CEO amid Fraud Allegations
2024-02-08T14:04:31.788+02:00
The firm is accused of providing false statements regarding customer asset management.
Earlier, the firm was ordered to halt digital asset services due to unresolved issues.
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CryptoCurrency
Crypto Exchanges Hit New Record, Leader Gains 600% in a Year
2024-02-07T23:00:00.000+02:00
January 2024 sees crypto exchange volumes grow 23% year-on-year.
Binance remains on top spot, but ByBit leads with a sixfold increase.
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CryptoCurrency
FSC Implements New Legislation for Crypto Market in South Korea
2024-02-07T12:33:07.003+02:00
New act imposes severe penalties: prison terms over one year, fines 3-5 times of illegal profits.
Individuals who accumulate over $3.8 million from illicit crypto schemes could face life sentences.
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CryptoCurrency
Crossover and Ouinex Collaborate for Crypto Market Advancements
2024-02-06T16:32:55.407+02:00
The integration of CROSSx ECN technology marks a development in the crypto sphere.
Earlier, Ouinex secured its VASP registration from the KNF.
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CryptoCurrency
South Korean Financial Watchdog Turns to SEC for Bitcoin ETF Guidance
2024-02-05T11:50:27.325+02:00
The FSS chief has planned to visit major financial markets like New York in 2024.
Earlier, South Korea's President’s office challenged FSC on Bitcoin ETFs.
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CryptoCurrency
Crypto Enters the Field: Juventus Welcomes Zondacrypto as Sponsor
2024-02-02T18:25:10.796+02:00
The firm's logo will adorn Juventus players' jerseys for half of the season.
Stadium branding will accompany home matches for the next two seasons.
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CryptoCurrency
US Charges Belarusian-Cypriot National for Operating Unlicensed Crypto Exchange
2024-02-01T22:13:19.685+02:00
BTC-e allegedly facilitated global criminal activities through Bitcoin transactions.
The platform's servers in the US were reportedly central to the cybercrime operation.
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