Crypto exchange Currency.com stops operations for Russian residents LeapRate

April 13, 2022 BY Steffy Bogdanova

Crypto exchange Currency.com stops operations for Russian residents

The company further explained that clients of other countries and regions will not be impacted by the decision. The Russian invasion of Ukraine was followed by a barrage of sanctions from western countries and the exit of foreign companies form Russia. Several financial services companies, like Goldman Sachs and payment firms Visa, Mastercard, American Express…

March 21, 2022 BY Steffy Bogdanova

Crypto exchange FTX launches operations in Australia

Australia a is a significant growing market for FTX. The company highlighted that the launch of FTX Australia shows the its long-term commitment to the local market and represents the natural next step in the FTX's global expansion. Last week, FTX announced obtaining a license to establish and operate its Virtual Asset Exchange and Clearing…

March 15, 2022 BY Steffy Bogdanova

FTX Europe obtains license to operate Virtual Asset Exchange in Dubai

FTX CEO, Sam Bankman-Fried, commented: FTX is proud to be the first licensee under Dubai's prudential supervision regime. It's an honor to be one of the first approved applicants in such a specialised category and we are excited to be able to introduce complex crypto-derivatives products with centralised counterparty clearing to institutional markets. FTX receiving…

March 07, 2022 BY Steffy Bogdanova

Crypto exchange FTX secures CySEC approval to operate in Europe

Currently headquartered in Switzerland, FTX Europe has an additional regional headquarter in Cyprus. The company noted that it will devote “significant resources” in developing strong relationship with the regulatory authorities. Patrick Gruhn, Head of FTX Europe, concluded: We're excited to bring FTX's innovative offerings to the European markets and that CySEC officially approved our domain.…

February 17, 2022 BY Steffy Bogdanova

24 Exchange secures Bermuda license to trade crypto

Dmitri Galinov, 24 Exchange CEO and Founder, said: This BMA license for 24 Exchange Broker Ltd. enables us to bring spot cryptocurrency trading onto our institutional-grade platform, making it more available, accessible and standardized. We are pleased to continue to drive the institutional adoption of crypto products trading at the best available rates and with…

February 15, 2022 BY Steffy Bogdanova

NAGA to launch crypto exchange NAGAX

Following the launch, the German fintech online broker will also release its NFT and Staking platform under the label "NAGA Earn". Additionally, the firm also saw a dynamic beginning of the year. Brokerage revenues went as high as €8 million, nearly triple the amount it recorded during the same period last year. Bilski added: A…

February 02, 2022 BY Steffy Bogdanova

FTX acquires fintech firm Liquid

Quoine integration Following Liquid’s acquisition by the FTX, Quoine will integrate FTX's products and services into its own offering, according to the official announcement. FTX's existing Japanese customers will be migrated to Quoine's platform. FTX has also agreed to provide Liquid’s existing Japanese users with services in compliance with Japanese laws. From 30 March 2022…

January 31, 2022 BY Steffy Bogdanova

Deutsche Börse sees rise in demand for crypto products in 2021

ESG ETFs were the most popular categories in Europe at €33.6 billion in turnover, climbing 176% YoY. Xetra remained the largest exchange venue for ESG ETFs in terms of trading turnover and number of listed ETFs. Stephan Kraus, head of Deutsche Börse's ETF segment, said: Continued strong growth in our ESG segment reaffirms how mission-critical…

January 31, 2022 BY Steffy Bogdanova

Crypto exchange Binance restricts 281 Nigeran accounts

Zhao further outlined in his letter the importance of user security and confirmed the company’s devotion to its Nigerian community. Zhao said: Protection mechanisms such as KYC, anti-money laundering measures, collaboration with law enforcement, and account restrictions are in place to ensure our community remains protected and that fraudulent activity is prevented. This is a…

December 16, 2021 BY Steffy Bogdanova

Binance to launch crypto exchange in Indonesia with Telkom partnership

Binance founder and chief executive Changpeng Zhao, said: Our ambition at Binance is to grow the blockchain and cryptocurrency ecosystem globally, and this initiative in Indonesia is a significant step in that direction. With fast technology adoption and strong economic potential, Indonesia could become one of the leading centers of the blockchain and crypto ecosystem…

Category: Exchange