Tagged: crypto trading

Gemini Remains Focused on Serving UK Market and Compliance with Financial Promotions Rules

On 8 October 2023, the FCA Financial Promotions Regime brought into effect new rules around qualifying cryptoassets. These rules set out new standards for financial promotions of cryptoassets and “apply to firms offering these products to UK consumers.” Since inception, Gemini claims it has “been… Read More

Coinbase Announces Germany As Regional Talent Hub

Coinbase (NASDAQ:COIN) is reporting that Germany will become a Regional Talent Hub, “marking another key milestone in our international expansion strategy.” In 2021, Coinbase claimed that it had become the first crypto company “to receive a crypto license from BaFin.” This license, for crypto custody… Read More

Talos Integrates with Coinbase to Provide Institutional Clients Expanded Access to Perpetual Futures Trading

Talos, a provider of institutional digital assets trading technology, announced its integration with Coinbase International Exchange, a licensed digital assets exchange that launched earlier this year. The integration allows mutual clients of Talos and Coinbase International Exchange based in eligible jurisdictions outside of the US… Read More

Phishing Scams: Binance’s Hong Kong Clients Have Reportedly Lost $450K+ via Series of Fraudulent Texts

Hong Kong’s authorities have claimed that 11 of the city’s Binance clients had been targeted in a series of phishing scams that were reportedly carried out via text messages. Hong Kong law-enforcement agencies have cautioned users of the scam as part of an October 9,… Read More

Bitcoin Adoption: Long-Term BTC Holders Increase as Market to Closely Watch Inflation Data – Report

Matteo Greco, Research Analyst at the publicly listed digital asset and fintech investment business Fineqia International, has shared insights on the latest developments in the Bitcoin (BTC) and digital assets markets. Analyzing BTC supply, Greco notes that approximately 68.5% of “the total circulating supply has… Read More

Crypto.com Is Reportedly Compliant with the UK FCA’s Updated Rules for Digital Assets

Crypto.com says it’s compliant with the UK Financial Conduct Authority’s (FCA) new rules that went into effect on October 8th. UK customers continue to have uninterrupted access to Crypto.com’s products and services. Crypto.com says it’s “deeply committed to developing their platform and presence in the UK… Read More

Binance Introduces UK Domain in Compliance with Financial Promotions Rules

In compliance with the updated Financial Promotions Regime, Binance has reportedly launched a new domain for UK users and partnered with Rebuildingsociety.com Limited which will “approve Binance’s marketing and communications materials.” Rebuildingsociety.com is an FCA regulated firm which is “authorized to approve crypto marketing and… Read More

DeFi Adoption: Oku, the Crypto Trading Terminal Powered by Uniswap v3, Integrates with zkSync Era, an L2 Ethereum Scaling Solution

GFX Labs, the creators of Oku, the DeFi trading terminal powered by Uniswap v3, are pleased to announce their integration with zkSync Era, a Layer 2 scaling solution for Ethereum. This collaboration brings efficient DEX trading “to zkSync, along with the charts and analytics that… Read More

Digital Asset Firm Kraken to Acquire Dutch Crypto Broker BCM

Kraken is pleased to announce their planned acquisition of Coin Meester B.V. (BCM) in the Netherlands. The deal highlights our commitment “to growing their business in Europe by leveraging our strong financial position and highly competitive product offering.” Founded in 2017, BCM claims it is… Read More

Coinbase Shares Report Aiming to Highlight Opportunity of Web3 for the UK

At Coinbase (NASDAQ:COIN), they’re working hard to help update the financial system by building trusted products that aim to “expand the utility and adoption of crypto because they believe crypto and blockchain technology have the ability to increase economic freedom and opportunity around the world.”… Read More

Blockchain Infrastructure Adoption, Ethereum L2 Networks, 2024 Bitcoin Halving Are Potential Crypto Market Drivers – Report

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Coin Metrics has provided a data-driven look at the most “important” developments that have significantly impacted the digital assets industry from Q3 2023. With Q3 in the books, Coin Metrics reflects on the notable developments and trends shaping digital asset markets as we transition “into… Read More

Gemini Announces Key Update for Institutional Clients, Will Focus on Building Crypto-Native Solutions

Digital asset firm Gemini is pleased to unveil the new Gemini Institutional website, showcasing the breadth of crypto-native solutions available to Gemini’s institutional customers. Gemini‘s commitment to being “a secure and regulated onramp to crypto for institutions goes beyond just providing a best-in-class crypto trading… Read More

Coinbase Acquires Major Payment Institution License from Monetary Authority of Singapore

Coinbase Singapore has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. This development, coming after Coinbase’s (NASDAQ:COIN) initial In Principle Approval, amplifies their commitment to the Singapore market, enabling them “to expand their provision of Digital Payment Token services to… Read More

Digital Asset Firm Gemini to Expand Business Operations in India, with Plans to Invest in Gurgaon Engineering Hub

Pravjit Tiwana, CEO APAC and Global CTO at Gemini, notes that in May, they announced the launch of Gemini’s Gurgaon technology development center in India. Now, Gemini are pleased to build on that announcement and reveal that they have opened their office “within the Cyber Hub… Read More

Kraken Remains Focused on European Markets, Secures EU E-Money License

Kraken, one of the “longest-standing” crypto platforms, announced it has received authorization from the Central Bank of Ireland as an E-Money Institution (EMI). In addition, Kraken has also “registered with the Bank of Spain as a Virtual Asset Service Provider (VASP).” These authorizations highlight Kraken’s… Read More

Binance “Fully” Exits Russian Markets with Sale to CommEX

Binance, which is being sued by US regulators for a wide range of issues along with facing other major compliance and operational challenges, has entered into an agreement to sell the entirety of its Russia business to CommEX. To ensure a smooth process for existing… Read More

Digital Asset Firm Gemini Plans to Expand Passkey Support beyond 2FA to Enable Passwordless Logins

Gemini says that it continues to be focused on crypto innovation by allowing users to add passkeys “for two-factor authentication to their accounts.” As explained in a blog post by Gemini, passkeys provide two major advantages “over other account authentication methods: increased security and ease… Read More

Coinbase Obtains Bank of Spain Registration

Coinbase (NASDAQ:COIN) has registered as a cryptocurrency exchange and custodian wallet provider with the Bank of Spain. This registration will allow Coinbase to offer their full suite of products and services “to retail and institutional users in Spain, all in compliance with the national legal… Read More

Digital Assets: Robinhood Claims to Offer Competitive Crypto Trading Services

Robinhood (NASDAQ:HOOD) announced the results of a study—”verified” by Radius Insights—showing that Robinhood reportedly offers the “lowest cost” to trade crypto on average. The analysis compares prices quoted from various platforms and exchanges, “including Cash App, Coinbase Advanced, Coinbase, Crypto.com, and Kraken, concluding that customers… Read More

Binance.US Legal and Risk Execs Are Resigning – Report

Certain executives working at the US division of Binance are reportedly leaving at a time when the crypto firm is struggling with heightened regulatory scrutiny, the WSJ reported this past Thursday, citing sources familiar with the issue. Krishna Juvvadi, head of legal, and Sidney Majalya,… Read More

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