Kraken, the second-largest crypto exchange in the United States, has unveiled its latest coin listing roadmap featuring 19 tokens, including BNB, DYDX, AR, and LQTY. This move signals Kraken’s expansion strategy as it anticipates a more relaxed regulatory environment under President-elect Donald Trump. The crypto community expects fewer restrictions on token listings in the US,…
South Korea’s second-largest crypto exchange, Bithumb, has introduced Korean won trading pairs for TONCOIN (TON) and METIS (METIS), with trading set to begin at 8:00 PM KST on November 21. TONCOIN is gaining traction, showing a promising trend reversal after breaking a downtrend line. Analysts believe this structural breakout is more significant than the Bithumb…
The judge denied Kraken’s appeal, allowing the SEC lawsuit to proceed without delay. Kraken’s attempt to challenge the SEC lawsuit on securities law issues is rejected. SEC lawsuit against Kraken moves forward after court dismisses exchange’s appeal. The US District Court for the Northern District of California Judge William Orrick denied Kraken’s interlocutory appeal, asserting…
The U.S. crypto exchange giant Gemini owned by the Winklevoss twins has recently launched its operations in France. As per the latest sources, this move marks the latest crypto expansion in the E.U. region. Notably, Gemini now operates in over 70 countries. The recent move comes after France showed active involvement with and support of…
Cryptocurrency exchange OKX introduces instant SGD deposits and withdrawals in Singapore. OKX has partnered up with DBS Bank to allow payments through PayNow and FAST. The exchange expands its foothold amid bullish crypto conditions and Bitcoin price rally. Cryptocurrency exchange OKX has announced the implementation of instant Singapore dollar (SGD) deposits and withdrawals for its…
Upbit has violated KYC regulations by neglecting users’ identification processes. Many users opened accounts by submitting blurred or unrecognizable identification cards. The exchange may face fines of up to $71.7k & complications for its license renewal process. Upbit, South Korea’s largest crypto exchange, has reportedly violated Know Your Customer (KYC) regulations by neglecting to conduct…
Coinbase has just dropped a big surprise on the crypto world—the Coinbase 50 (COIN50) index fund. This fund tracks the top 50 cryptocurrencies, excluding stablecoins. But is it really going to shake up the market? Let’s dive into what this means for investors. A New Way to Invest in Crypto The COIN50 fund gives investors…
As per the latest updates FTX has sued crypto.com. Notably, Alameda had an account in Crypto.com before the company had filed for bankruptcy. Reportedly, the account was opened under the name of Ka Yu Tin, a former Alameda employee. Claims state that such practice was common in the company as this trading firm used shell…
SEC seeks court approval to dismiss Kraken’s defenses in a crypto securities lawsuit. Kraken claims SEC’s crypto regulations lack clarity and that it wasn’t given fair notice. Court ruling on Kraken’s defenses could set a precedent for future U.S. crypto regulations. The US Securities and Exchange Commission (SEC) has sought to strike out three defenses…
Flipster, a rapidly expanding crypto derivatives trading platform, has bolstered its security framework with the integration of Fireblocks, an industry leader in digital asset security, leveraging its advanced cold wallet technology to enhance asset protection. With this integration, the trading platform aims to deliver a more secure and trustworthy trading environment, fulfilling growing security expectations…
Cryptocurrency exchanges collaborate to drive new stablecoin innovation forward. Global Dollar Network launched to enhance stablecoin adoption and market integration. Paxos issues USDG stablecoin aligning with Singapore’s updated regulatory framework. Several cryptocurrency exchanges like Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos, and Robinhood launched the Global Dollar Network on Tuesday. According to an official…
Kraken launches licensed brokerage in Australia for institutional crypto investors. Australian clients can now trade crypto derivatives through the Kraken Pro app. Kraken’s upcoming “Ink” blockchain will enable token trading and lending without brokers. Kraken, one of the prominent crypto exchanges, has launched a licensed brokerage service in Australia. This service kicked off on November…
In cryptocurrency trading, exchanges play a pivotal role in connecting buyers and sellers. However, not all exchanges are created equal. Centralized exchanges (CEXs) and decentralized exchanges (DEXs) represent two distinct approaches to facilitating cryptocurrency transactions, each with its own set of advantages and drawbacks. In this article, we’ll delve into the fundamental differences between centralized…
The UK raises concerns over TikTok’s virtual currency system and unlicensed exchange claims. Accusations highlight TikTok Coins’ potential money transmission without regulation. FCA may impose stricter oversight on TikTok’s financial activities if investigated. The UK legal authorities have recently turned their sights on TikTok as it is being accused of running an unlicensed crypto exchange…
Kraken, a California based major cryptocurrency exchange has acquired BCM to expand its business to Europe. Coin Meester B.V. (BCM), is a respected crypto broker in the Netherlands launched in 2017. This will help the crypto exchange to expand its wings in Europe and in return the BCM will get exposure to Kraken services. BCM’s…
Binance is just one step away from becoming the first fully regulated crypto exchange in kazakhstan. It has achieved a major milestone by securing formal consent from the Astana Financial Services Authority (AFSA). This is a major development for the company and reflects its unwavering commitment to regulatory compliance and security in the crypto industry….
The post OKX Appoints Gracie Lin as CEO of Singapore Division appeared first on Coinpedia Fintech News OKX, a leading crypto exchange, has appointed Gracie Lin as the CEO of its Singapore division. Lin, who previously held key positions at the Monetary Authority of Singapore (MAS), Grab, and GIC, brings significant regulatory and financial expertise…
Crypto Live News Author: Elena R Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing – accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena. Aug 20, 2024 10:52 The BitMEX cryptocurrency exchange has officially started the sales…