Crypto Exchanges

August 21, 2024

Turkey’s Crypto Surge & Market Growth


The state of cryptocurrencies in Turkey is changing dramatically as interest from both local and international players is growing. Major international exchanges like Coinbase, KuCoin, and Gate.io are fighting for operating licenses as the nation improves its regulatory structure to give more evident standards; this represents a substantial rise from 47 to 76 applications. Turkey […]

Crypto Exchanges

August 7, 2024

SEC Challenges Coinbase’s Extensive Document Requests in Court


The US Securities and Exchange Commission (SEC) has intensified its legal conflict with Coinbase by declining the cryptocurrency exchange’s request for more document discovery. In this heated legal development, the SEC has described Coinbase’s requests, which include obtaining emails and documents pertaining to SEC Chairman Gary Gensler, as overly broad and onerous. This denial demonstrates […]

Crypto Exchanges

July 30, 2024

Russia to Launch International Crypto Payment System by Year-End


Russia is ready to make a contribution to international finance by launching its first international cryptocurrency payment before the end of this year. Elvira Nabiullina, Chairwoman of the Russian Central Bank, delivered this ground-breaking pronouncement on July 30, 2024. This program is part of Russia’s larger goal of using digital currencies, specifically the digital ruble, […]

Crypto Exchanges

July 29, 2024

OKX Launches Pre-Market Futures for Upcoming Token Trading


OKX  has launched its new Pre-Market Futures product, allowing consumers to trade futures contracts for forthcoming tokens before their public offers. This revolutionary device will enable customers to engage in early market trading with up to 2x leverage and has an easy-to-use interface. The first cryptocurrency accessible for Pre-Market Futures trading is the HMSTR token […]

Crypto Exchanges

July 2, 2024

The Growth of Solana’s Liquid Staking Ecosystem


As Solana rises to fifth place among global cryptocurrencies, its liquid staking environment is expanding rapidly, reflecting its growing usage. The liquid staking ratio increased by 1.76% this quarter, with the quantity of Liquid Staking Tokens (LSTs) doubling, indicating market diversification. This transition is shown by the decline in dominance of the top three liquid […]

Crypto Exchanges

June 19, 2024

Crypto Market Narratives: Telegram’s Blockchain and the Coming Summer Chill


Telegram’s blockchain, TONNE, is gaining traction in the cryptocurrency industry, carving out its own story in an environment dominated by Bitcoin and Solana. While many cryptocurrencies need help to maintain their value, TONNE defies the trend with its unique projects and increasing usage. Despite the more significant market’s possible troubles this summer, TON’s progress provides […]

Crypto Exchanges

June 18, 2024

Tether Introduces Alloy: A Gold-Backed, Dollar-Pegged Stablecoin


Tether is breaking new ground with the introduction of Alloy (aUSDT), a stablecoin linked to the US dollar and backed by gold. Alloy is over-collateralised by Tether Gold (XAUt), which reflects physical gold ownership and is intended to function as a synthetic dollar. This novel technique lets holders keep their gold exposure while employing a […]

altcoins

Crypto Exchanges

June 10, 2024

$215 Million Boost: ARB Foundation’s Big Bet on Gaming Innovation through Arbitrum


The ARB Foundation has approved a $215 million funding campaign to support gaming companies on the Ethereum rollup-based Layer 2 network, Arbitrum. The issue of 225 million ARB tokens will power the newly created Gaming Catalyst Programme (GCP), supporting growth within the thriving developer and player ecosystem. This intelligent step will likely strengthen Arbitrum’s position […]

Crypto Exchanges

May 27, 2024

Nomura and GMO Join Forces with Laser Digital to Pioneer Stablecoin Issuance in Japan


Nomura, one of Japan’s largest banks, and its digital asset unit, Laser Digital, have partnered strategically with GMO Internet Group to explore stablecoin issuance in Japan. The alliance intends to make creating, redeeming, and circulating stablecoins in Japanese yen and US dollars easier. The alliance will provide “stablecoin-as-a-service” products to assist businesses with regulatory compliance, […]

Crypto Exchanges

May 22, 2024

UK Approves First Physical Bitcoin and Ethereum ETFs


The UK Financial Conduct Authority (FCA) has approved the country’s first physically-backed Bitcoin and Ethereum exchange-traded funds (ETFs). WisdomTree has been awarded the regulatory green light to list its products—WisdomTree Physical Bitcoin and WisdomTree Physical Ethereum—on the London Stock Exchange. These ETFs are already available on exchanges such as Deutsche Börse Xetra, Swiss Exchange SIX, […]

Crypto Exchanges

May 7, 2024

Robinhood’s SEC Challenge Over Crypto Trading


The US Securities and Exchange Commission (SEC) recently issued a procedural “Wells notice” to Robinhood Markets, indicating that the company may face enforcement action for its cryptocurrency trading activity. This notification, sent on May 4, does not imply any misconduct by Robinhood but indicates the SEC’s willingness to pursue legal action potentially. This incident adds […]

Crypto Exchanges

May 6, 2024

Potential Expansion of Hong Kong’s Bitcoin ETFs


Recent remarks by Richard Byworth, Managing Partner at SyzCapital, have ignited social media discussions concerning the prospective accessibility of Bitcoin ETFs, now listed in Hong Kong, to mainland Chinese investors. Byworth’s tweet alluded to discussions on including these ETFs in the Stock Connect system, which may significantly expand investment opportunities for mainland Chinese capital into […]

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