Deutsche Bank Partners with HashKey Exchange to Expand Fiat Deposit Services LeapRate

February 20, 2025 BY Sam Boughedda

Deutsche Bank Partners with HashKey Exchange to Expand Fiat Deposit Services

As part of the collaboration, Deutsche Bank will now provide fiat currency deposit services, allowing HashKey Exchange clients to deposit Hong Kong dollars and US dollars into virtual accounts managed by the bank. The bank explains that the initiative introduces an alternative deposit option, utilising API-based virtual account solutions to streamline transactions. The partnership also…

January 29, 2025 BY Sam Boughedda

Coinbase Gains Approval for Argentina Launch

The cryptocurrency exchange secured a Virtual Asset Service Provider (VASP) registration from Argentina’s National Securities Commission (CNV). The registration allows the company to operate within the country’s legal framework for virtual assets. Argentina, where Coibase says five million people use cryptocurrencies daily, presents a key market for Coinbase. According to Coinbase, 87% of Argentinians believe…

November 14, 2024 BY Sam Boughedda

21Shares Launches Aptos Staking ETP in Europe

The move means it is the first-ever ETP in Europe tracking the performance of the Aptos (APT) cryptocurrency. Aptos is a layer-1 blockchain, which the company says is designed for high scalability and low transaction costs. It is said to be particularly well-suited for applications like gaming and decentralized finance (DeFi), leveraging the Move programming…

November 06, 2024 BY Sam Boughedda

Coinbase to Launch New Singapore Engineering Hub

The initiative, supported by the Singapore Economic Development Board (EDB), aims to foster the local developer ecosystem by supporting engineers to build the future of Web3, the decentralized internet powered by blockchain technology. "This brings us one step closer to our goal of increasing economic freedom by onboarding one billion people into the cryptoeconomy, and…

January 24, 2024 BY Simon Mugo

Nexo, a Crypto Lender, Has Sued Bulgaria Seeking $3Bn in Damages

The claim was filed with the International Centre for Settlement of Investment Disputes (ICSID), a part of the World Bank based in Washington, D.C. ICSID, known for arbitrating disputes between global investors and states, registered the case on January 18, as indicated on its website. The Bulgarian finance ministry acknowledged receiving an arbitration request from…

November 27, 2023 BY Elizabeth Anderson

Zipmex halts all digital asset trading in Thailand

While the move is only temporary, it’s yet another blow for a company that is struggling to maintain a steady cash flow and repay its creditors. Zipmex looked to have secured its financial future earlier this year when V Ventures announced a $100m buyout, but the acquisition fell through weeks later. _______________________________________________________________________________________________________________________________ Don’t miss out…

November 23, 2023 BY Elizabeth Anderson

LMAX Group granted a Recognised Market Operator Licence from the Monetary Authority of Singapore

Clients can now hedge their FX exposure against non-convertible currencies on a Central Limit Order Book (CLOB). Transparent price discovery, efficient market structure, firm limit order market data, deeper liquidity and streaming real-time will now be available to all participants. LMAX intends to create a more diversified offering for institutional investors. That results from a…

November 21, 2023 BY Simon Mugo

Bittrex Ceases Its Operations for Good After the US Bankruptcy

Yet another cryptocurrency exchange has decided to exit the market, as Bittrex Global, originally hailing from Liechtenstein, has declared its intention to halt trading and operations involving US dollars from the start of December. ______________________________________________________________________ Don’t miss out the latest news, subscribe to LeapRate’s newsletter _______________________________________________________________________ The move follows a series of actions initiated by…

November 02, 2023 BY Elizabeth Anderson

New steps for PayPal crypto activities approved by the FCA

The platform was permitted entry to the registry on Tuesday and was approved by noon on Wednesday to engage in certain cryptoasset activities as stated by the FCA. Recently, the FCA declared that companies offering crypto services in the UK must be approved for registration and comply with the FCA's anti-money laundering rules, or charges…

October 13, 2023 BY Elizabeth Anderson

Coinbase’s (COIN) spot trading volume down 52% in Q3

Coinbase’s volume has been on a steady decline since Q4 2021, a boom year for the industry. It closed that year with more than $400bn in volume. The broader cryptocurrency market has contracted during the last 18 months, making it more difficult for exchanges to drive growth. However, Coinbase did gain market share in Q3 as…

Category: Exchange