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Canary Capital Files Registration for Litecoin ETF With SEC
15.10.2024
Canary Capital has submitted a registration statement with the U.S. Securities and Exchange Commission (SEC) for its new exchange-traded product, the Canary Litecoin ETF. The ETF will provide investors with exposure to the value of litecoin (LTC), tracking the Coindesk Litecoin Price Index. Canary...
Binance Seeks Release of Jailed Employee Before Pursuing Nigerian License
19.9.2024
Binance has made the release of Tigran Gambaryan a condition for seeking registration in Nigeria. The exchange is reluctant to register due to outstanding issues with the government. It reportedly believes the SEC’s hastily formulated framework is not supported by law. Despite this, Binance...
Nigeria Approves Two Crypto Exchanges, Warns Against Patronizing ‘Illegal Operators’
31.8.2024
The Nigerian Securities and Exchange Commission (SEC) has granted “approval-in-principle” to Busha Digital and Quidax Technologies, the first digital asset exchanges to operate in the country. Additionally, four digital asset offering platforms and one custodian have been admitted...
Thai Finance Minister Revokes Crypto Exchange Zipmex’s Licenses
13.6.2024
The Securities and Exchange Commission (SEC) of Thailand announced Monday that the Thai Minister of Finance has revoked Zipmex’s digital asset exchange and broker licenses effective May 28, 2024. This decision, which followed the Thai SEC Board’s recommendation, was based on concerns over...
South Korean convenience store sells Bitcoin-themed 'meal boxes'
9.5.2024
A convenience store in South Korea is offering Bitcoin meal boxes in collaboration with the local exchange Bithumb where customers can win small amounts of Bitcoin with their purchase
Crossover Markets’ Digital Asset Exchange Surpasses $3.15 Billion in Trading Volume in Q1 2024
25.4.2024
Digital asset technology firm Crossover Markets has released impressive performance data for Q1 2024 from its flagship digital assets platform, CROSSx.
The post Crossover Markets’ Digital Asset Exchange Surpasses $3.15 Billion in Trading Volume in Q1 2024 appeared first on Cryptonews
South Korea: Are Busan’s Digital Asset Exchange Plans in Jeopardy?
25.4.2024
The South Korean city of Busan’s plans to launch a city-run, blockchain-powered digital assets exchange may be in peril, a report claimed on April 24.
The post South Korea: Are Busan’s Digital Asset Exchange Plans in Jeopardy? appeared first on Cryptonews
Bitcoin Should Remain Well-Supported On Institutional Inflows For Several Months: Coinbase Research
16.2.2024
Coinbase research analysts project adequate support for Bitcoin (BTC) in the market for the next three to six months due to institutional inflows. The institutional research arm of the digital asset exchange explained the trajectory of Bitcoin, Ethereum, and other on-chain data post-ETF approvals...
South Korea Exchange Association Petitions OKX for Offering Services Without Approval
7.2.2024
A group of cryptocurrency exchanges known as the Digital Asset Exchange Alliance (DAXA) has reported rival OKX to the financial authorities in South Korea. According to a Feb 7 report, OKX faces regulatory scrutiny by South Korean authorities after a report that it targeted local traders without...
Digital Asset Exchange Bybit Applies For Hong Kong VATP License
1.2.2024
Digital asset exchange Bybit has applied for a Virtual Asset Trading Operator (VATP) license in Hong Kong. The exchange filed the application to Hong Kong’s Securities and Exchange Commission (SFC) through Spark Fintech Limited according to the regulator’s website. The SFC official website shows...
Binance Launches Inscription Marketplace for BRC-20 Tokens
1.2.2024
Digital asset exchange, Binance has launched its inscription marketplace that will allow users to trade and inscribe BRC-20 tokens and other related assets. According to a Feb 1 announcement, Binance noted that the marketplace will be a one-stop solution for inscription-based tokens with...
Binance to Reduce Stake in South Korean Digital Asset Exchange GOPAX
31.1.2024
Cryptocurrency exchange Binance is looking to reduce its majority stake in GOPAX, a digital asset exchange based in South Korea. According to a new report from local media sources, Binance is considering selling some of its shares. The exchange will reveal its decision within a month or two citing...
Bitfinex Securities to Launch in El Salvador on Jan 31 as First Registered Service Provider
31.1.2024
Bitfinex is set to launch in El Salvador on January 31, becoming the first registered and licensed digital asset service provider in the country. Bitfinex Securities, a prominent digital asset exchange, disclosed its plan to establish operations in El Salvador in an email shared with...
Coinbase Begins Technical Assessment to Onboard New Ethereum Execution Client for Diversity
23.1.2024
Digital asset exchange Coinbase has revealed its effort toward Ethereum execution client diversity after users complained about the platform’s overreliance on Go.Ethereum (Geth). In a Jan 23 X (formerly Twitter) post, Coinbase quelled community concerns about the dominance of Geth as the only...
CFTC Files Civil Enforcement Action Against Bogus Crypto Exchange Debiex
21.1.2024
The U.S. commodities regulator revealed on Jan. 19 that it had filed a civil enforcement action against a bogus digital asset exchange platform. According to the Commission, Debiex customers were not aware that the entire set-up was a clever scam designed to dupe prospective investors. Romance Scam...
Crypto Exchange OKX Upgrades McLaren Branding to Widen Reach
18.1.2024
Digital asset exchange, OKX has increased its level of partnership with McLaren’s Formula 1 team citing more adoption and visibility. In a recent post on its website, the company announced the updated agreement of its partnership with McLaren F1 2024 branding with the desire to gain more...
Digital Asset Exchange OKX Obtains Retail License in Dubai – Here’s More
16.1.2024
Image Source: Adobe Cryptocurrency exchange OKX has received regulatory approval from Dubai’s financial authorities to offer retail virtual asset services to customers. In a statement on Jan 16, the company disclosed that its Dubai subsidiary has been granted a virtual asset service provider...
Binance Launches Digital Asset Exchange in Thailand in Collaboration with Gulf Innova
16.1.2024
Binance , one of the leading global crypto exchanges, has unveiled its joint venture crypto exchange Binance Thailand, which comes in collaboration with Gulf Innova, a subsidiary of Gulf Energy Development. Binance Thailand, abbreviated as Binance TH, provides a platform for digital asset exchange...
South Korea’s Tax Authority, DAXA Form Committee to Prevent Illegal Transactions: Report
8.1.2024
Source: Pixabay South Korea’s tax Authority, the Korea Customs Service group and five major cryptocurrency exchanges including Bithumb Korea, Coinone, Korbit, and Streami have formed a group to prevent illegal foreign transactions, according to a report by News1.KR. The Digital Asset Exchange...
HKbitEX Collaborates with Shanghai Technology Exchange for Asset Tokenization Solutions
28.12.2023
  The Hong Kong-based digital asset exchange, HKbitEX, partners with Shanghai Technology Exchange to develop asset tokenization (RWA) solutions for tech companies, supported by China’s Ministry of Science and Technology and Shanghai municipal government. On December 28, in a significant...