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Register Here for a Weekly Update on African News
21.7.2022
The African continent may not be the biggest crypto/blockchain market yet but the growing adoption of the technology illustrates that this will likely be a key market in the future. For instance, instead of being seen or used as a tool for speculative trading, crypto is proving to be a more...
Crypto Exchange Coincoinx to Launch Crypto to Fiat Payments App in Venezuela
2.7.2022
Coincoinx, a cryptocurrency exchange, will reportedly launch a service that will allow users to skip trading crypto for fiat to make payments in Venezuela. The service, which is called Coinpago, will allow users to make payments in every store and retailer in the country that accepts Pagomovil,...
Thailand Exempts Crypto Transfers From VAT Until End of 2023
25.5.2022
Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will also apply to digital currency issued by the Bank of Thailand. Royal Decrees Enforce...
Dutch Finance Official Wants to Ban Retail Investors From Trading Crypto Derivatives
17.5.2022
Regulators think options and futures should only be for professional investors, but the Authority for Financial Markets doesn’t yet have powers for a UK-style ban
Nomura Starts Trading Crypto Derivatives, Joining Rivals Goldman, JPMorgan
13.5.2022
The Japanese investment bank began trading cryptocurrency derivative contracts this week, joining rivals including Goldman Sachs and JPMorgan in giving clients a way to access the crypto market
Stronger dollar prospects risk pushing down Bitcoin price to $32K
7.4.2022
The U.S. dollar index could rally further in the coming weeks, which is typically bad news for Bitcoin
Wall Street Watchdog Cautions Banks on Trading Crypto Derivatives
31.3.2022
Goldman Sachs completed a novel crypto OTC trade last week, something Acting Comptroller of the Currency Michael Hsu warned may lead to further tail risks
Terra price signal that preceded an 80% LUNA rally is back
21.3.2022
LUNA price still risks correcting, however, with a weakening RSI and decreasing trading volume
3 reasons why Bitcoin can rally back to $60K despite erasing last week's gains
7.3.2022
Several technical and on-chain indicators are flashing bullish despite the BTC price pullback below $40,000
Bulgarian Stock Exchange Launches 8 Crypto ETNs
20.2.2022
Bulgarians can now invest in crypto assets through their country’s stock market. The Bulgarian Stock Exchange has recently launched eight ETNs based on two digital currencies, bitcoin and ethereum, following the example set by leading European platforms that support such products....
Youtube Seeks Web3 Director With Experience Trading Crypto, According to Recent Job Listing
16.2.2022
Youtube, the online video sharing and social media platform owned by Google, is hiring a director to work with Web3 technology, according to a job listing published on Linkedin. While Youtube requires 15 years of product management experience, the company prefers a candidate that is familiar with...
Aussie trading platform SelfWealth to offer crypto trading to its 325K users
16.2.2022
BTC Markets CEO Caroline Bowler emphasized that the partnership with SelfWealth demonstrated further legitimacy of broad-scale crypto adoption
Genesis Trading Sees ‘Strong Signs’ of Institutional Crypto Investment Growth Accelerating Next Year
29.12.2021
Genesis Trading’s head of market insights says that the institutional investment growth in the crypto space over the last 12 months “has been astonishing.” The executive added: “We’re seeing strong signs of that accelerating over the next year.” Strong...
Hebei is the latest China province to wield the crypto crackdown hammer
14.9.2021
Authorities in the province say crypto mining is inimical to China's environmental conservation efforts
Crypto soars to account for 73% of trading commissions on eToro in Q2
26.8.2021
According to eToro’s Q2 report, crypto drove the 125% surge in trading volumes in Q2, with crypto representing 73% of total trading commissions
Binance halts KRW pairs amid tightening crypto exchange regulations in Korea
13.8.2021
The crypto exchange giant said the decision was part of efforts aimed at proactive compliance with regulatory demands
Bank of Russia Advises Stock Exchanges to Avoid Trading Crypto Instruments
23.7.2021
In line with its hardline stance on cryptocurrencies, the Central Bank of Russia (CBR) has issued a recommendation against the listing of securities tied to crypto assets on the country’s stock exchanges. The “preventive measure” will not affect state-issued digital currencies....
Despite Negative Press, Binance Is Still the World’s Largest Crypto Spot and Derivatives Exchange
19.7.2021
While Binance has had a few issues with payment service providers and regulators from a few countries, the centralized cryptocurrency exchange is still the largest trading platform in terms of trade volume. During the last 24 hours, Binance has recorded roughly $8.6 billion in swaps and the trading...
Korean Regulators Want to Police All Int’l KRW Trading Crypto Exchanges
13.7.2021
All crypto exchanges must apply for trading permits if they are targeting South Korean investors – no matter where in the world they are based, according to Eun Sang-soo, the head of the South Korean Financial Services Commission (FSC), the top regulator for the financial and crypto industries.
As...
Robinhood's cash cow under SEC scrutiny amid IPO filing
7.7.2021
Robinhood’s main revenue source for the first quarter of 2021 could come under SEC review