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Singapore Grants Crypto Licenses to DBS and Independent Reserve


The Monetary Authority of Singapore (MAS), the country’s central bank, has formally approved two companies to provide crypto services. One is the brokerage arm of DBS, the largest bank in Singapore and Southeast Asia. The other is Independent Reserve, a crypto exchange and OTC trading desk....

SEC Kicks the Bitcoin ETF Down the Road Again, Legal NFT Battle + More News


f="https://www.sec.gov/rules/sro/nasdaq/2021/34-93172.pdf">citing the requirement for additional time to decide whether to accept the 19b-4 applications. The approval of the ETFs — Global X Bitcoin Trust, Valkyrie XBTO Bitcoin Futures Fund, WisdomTree Bitcoin Trust, and Kryptoin Bitcoin ETF - ha

Bitcoin (BTC) Rallying Again; Takes Support From $40,000


The Bitcoin movement was mostly mum for the entire month of September, but we are witnessing a phenomenal return of buying sentiment on the first day of October. 200 DMA active at $45,212 has been breached and should ideally work as a support level in case of any fallback or sudden profit booking. ...

Egyptian Banks Set to Launch Multi-Million Dollar Fintech Fund


Egyptian banks are reportedly on course to launch a $69.6 million fund which is earmarked to support the country’s fintech companies. According to a report, this fund is expected primarily to target the digital banking and financial services sector. Fintech Apps Targeted Fintech apps that...

Crypto Exchange Bitbay Passes Audit Under Estonia’s Tougher New Regulations


Bitbay has become a fully licensed cryptocurrency exchange in Estonia which introduced stricter rules for the industry last year. The European trading platform has recently passed an independent audit that confirmed its “solvency, security and fiscal responsibility.” Audit Examines...

Dydx Trading Volumes Explode After Latest Chinese Crypto Ban


Dydx, a decentralized exchange, has seen its trading volumes explode in the last few days, surpassing other recognized decentralized exchanges like Uniswap and Pancakeswap. Some analysts have suggested this might be the result of the latest Chinese cryptocurrency ban causing China-based users...

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