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Proposal to Set Up Russian Crypto Exchange Circulated in Moscow


Russia may establish a dedicated exchange to carry out cryptocurrency transactions locally, a high-ranking member of the State Duma has suggested. The new platform can be hosted by the Moscow Exchange, according to Anatoly Aksakov, head of the parliamentary financial market committee. Russian...

Short Bitcoin ETF Sees Higher Trading Volume Last Week as Longs Liquidated


The recently-launched short Bitcoin (BTC) exchange-traded fund (ETF) BITI saw higher trading volumes last week compared to its launch week. The peak in volume so far happened as liquidations of leveraged bitcoin long positions reached its highest in close to two weeks.... Read More: Short Bitcoin...

Bitstamp Drops Inactivity Fee Following Massive Backlash From Community


Luxembourg-based crypto exchange Bitstamp has abandoned plans to charge a monthly fee on inactive users with low balances after massive backlash from the community. The exchange announced today that they are scrapping the idea, saying:  "After listening to our community’s response, we’ve changed...

LBank Exchange Will List IX Token (IXT) on July 7, 2022


PRESS RELEASE. INTERNET CITY, DUBAI, Jul. 6, 2022 – LBank Exchange, a global digital asset trading platform, will list IX Token (IXT) on July 7, 2022. For all users of LBank Exchange, the IXT/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on July 7, 2022. As...

Crypto Lender Nexo Moves Forward With Plan to Acquire Troubled Rival Vauld


Leading cryptocurrency lender Nexo has offered to buy distressed competitor Vauld, which halted operations in the face of financial difficulties. The proposal comes after the Singapore-based company said it was exploring restructuring options. Nexo Secures Exclusive Agreement to Explore...

Singapore Considers Imposing New Restrictions on Crypto Trading


The Monetary Authority of Singapore (MAS) has told Parliament that the central bank is considering imposing additional restrictions on cryptocurrency trading. They include “placing limits on retail participation, and rules on the use of leverage when transacting in cryptocurrencies.”...

One Exchanges Stands Out as Indian Crypto Trading Drops Following New Tax


Crypto trading volumes on major Indian exchanges saw a notable decline on July 1 compared to the day before, after a new 1% tax on all crypto transactions was implemented in the country. However, one exchange still stood out as a winner, with trading volumes rising. According to trading data from...

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