Tagged: crypto trading

April 13, 2025 @ 1:39 pm By Michael Wong  |  

The US Securities and Exchange Commission’s (SEC) Crypto Task Force convened its second roundtable in Washington, D.C., spotlighting the challenges and opportunities surrounding crypto trading in the United States. Acting Chairman Mark T. Uyeda, addressing an audience of regulators, industry representatives, and legal experts, drew… Read More

April 6, 2025 @ 5:14 pm By Omar Faridi  |  

Kraken has officially obtained a Restricted Dealer registration in Canada, reaffirming its commitment to serving Canadian crypto investors while adhering to “enhanced investor protection guidance for crypto exchanges.” Kraken also welcomes Cynthia Del Pozo as their new General Manager for North America. Cynthia will lead… Read More

March 30, 2025 @ 11:28 pm By Omar Faridi  |  

Digital bank Revolut continues to make strategic moves in 2025, blending business expansion with product development and innovation. As widely reported, Schroders Capital Global Innovation Trust, once managed by Neil Woodford, boosted its valuation of its Revolut stake by 85%, reportedly implying a $48 billion… Read More

February 24, 2025 @ 7:55 am By Omar Faridi  |  

The cryptocurrency market in 2024 witnessed significant shifts in trading volumes among centralized exchanges (CEXs), as detailed in CoinGecko’s latest research report, “Largest Centralized Crypto Exchanges, 2020 – 2024.” The research study, analyzing spot trading volumes from the time period between January 1 to December… Read More

January 29, 2025 @ 12:04 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN), provider of a cryptocurrency trading and investing platform, is expanding its global presence to Argentina, as part of its mission to support economic freedom worldwide. This move is designed to increase access to cryptocurrency services for millions of Argentinians. To operate in Argentina, Coinbase… Read More

January 25, 2025 @ 5:24 pm By Omar Faridi  |  

The peer-to-peer cryptocurrency trading platform NoOnes has revealed it was the victim of a significant security breach earlier this month, resulting in the loss of approximately $8 million in crypto assets. CEO Ray Youssef confirmed the hack after it was disclosed by crypto researcher ZachXBT… Read More

January 25, 2025 @ 1:00 pm By Omar Faridi  |  

CLS Global FZC LLC, a financial services firm known in the cryptocurrency industry as a “market maker,” has agreed to resolve criminal charges relating to its fraudulent manipulation of cryptocurrency trading volume. As part of the criminal resolution, CLS Global will plead guilty to the… Read More

January 22, 2025 @ 7:22 am By Omar Faridi  |  

Gemini says it has chosen Malta as its hub for the Markets in Crypto-Assets (MiCA) framework. This strategic decision underscores Gemini’s ongoing dedication to “enhancing regulatory compliance and European growth.” Having received their Virtual Financial Assets (VFA) Service License in Malta in Dec 2024 (their… Read More

January 9, 2025 @ 12:28 pm By Omar Faridi  |  

Bullish Group, one of the providers of digital asset market infrastructure and information services, announced that its German digital asset trading business received crypto-asset custody, proprietary trading, and principal brokerage licenses from the German Federal Financial Supervisory Authority (BaFin) on December 20, 2024. This development… Read More

January 3, 2025 @ 12:42 pm By Omar Faridi  |  

In a development that underscores Binance’s commitment to adhering to   regulatory standards globally and regionally, they claim to have secured approval from the Central Bank of Brazil for the acquisition of Sim;paul, a broker-dealer licensed in Latin America’s most populous nation. According to the update… Read More

November 17, 2024 @ 10:35 pm By Omar Faridi  |  

Revolut is expanding its crypto offering to 30 new markets across Europe. Revolut, the London-headquartered Fintech firm, has reportedly expanded its standalone crypto trading platform, Revolut X, to various other markets across Europe. Introduced earlier in 2024 in the United Kingdom, Revolut X aims to… Read More

November 9, 2024 @ 1:41 pm By Omar Faridi  |  

Galaxy Digital Holdings Ltd. (TSX: GLXY) released financial results for the three months and nine months ended September 30, 2024, for both itself and Galaxy Digital Holdings. Galaxy Digital has shared key Corporate and Business Updates: Financial Highlights: In the third quarter, Galaxy reported a… Read More

November 7, 2024 @ 5:54 pm By Omar Faridi  |  

Binance has launched a new privacy center, which reportedly features easy data download for enhanced user privacy. To empower users with a greater degree of control over their personal data, Binance has launched a feature that consolidates various tools for exercising privacy rights in one… Read More

October 22, 2024 @ 8:02 am By Omar Faridi  |  

The US Securities and Exchange Commission (SEC) has approved proposals from two different exchanges in order to list and trade options on several bitcoin ETFs, thus helping with further expanding the range of crypto-focused investment products for US based investors. As mentioned in the SEC… Read More

October 14, 2024 @ 6:49 pm By Omar Faridi  |  

As we enter the final three months of 2024, the digital assets and blockchain ecosystem is emerging from the so-called crypto winter. After a decade-long initiative by the digital assets and DLT industry, crypto ETFs were officially introduced in the US markets. And institutional players… Read More

September 24, 2024 @ 8:03 am By Omar Faridi  |  

Kraken announced the closing of the Coin Meester B.V. (BCM) acquisition, which is said to be a key element in their European growth strategy. With the acquisition of BCM, one of the Netherlands’ oldest registered crypto brokers, Kraken have expanded their Dutch footprint and enhanced… Read More

September 23, 2024 @ 8:34 am By Omar Faridi  |  

Boerse Stuttgart Digital provides crypto infrastructure to DZ BANK, giving cooperative bank customers access to cryptocurrencies Safe and easy access to regulated cryptocurrency trading and custody services for retail customers. This is said to represent a key milestone for mass crypto adoption in Europe. As… Read More

September 17, 2024 @ 1:12 pm By Omar Faridi  |  

Adaptive Financial Consulting, the custom trading technology solutions provider, announced its collaboration with Bullish, which claims to be one of the fastest-growing, regulated digital asset exchanges, to increase trading capacity and boost throughput as it looks to scale and meet growing business demand. Bullish has… Read More

September 5, 2024 @ 11:04 am By Omar Faridi  |  

California Attorney General Rob Bonta announced a $3.9 million settlement with crypto trading platform Robinhood Crypto, LLC for failing to allow customers to withdraw their cryptocurrency from their Robinhood accounts from 2018 to 2022, and for “failing to fully disclose aspects of its trading and… Read More

July 29, 2024 @ 7:34 am By Omar Faridi  |  

One Trading, a European crypto-asset exchange, has reportedly been granted an Organized Trading Facility (OTF) License by the Dutch financial market regulator. This license establishes One Trading as “a MiFID II trading venue and marks a significant milestone in the company’s multi-year journey with the… Read More