However, the launch of the platform comes as US regulators tighten their grip on digital asset firms. Last month, Coinbase filed a lawsuit against the Securities and Exchange Commission (SEC) for not providing guidance on the cryptocurrency industry using its formal rulemaking process. This was followed by the SEC sending a Wells notice to Coinbase,…
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The company noted that the ATFX NFT Loyalty Program is only available to Southeast Asia and Latin America. NFTs are digital assets held on a blockchain network. Each token has its own distinct value and cannot be swapped on a one-to-one basis with others. Earlier last month, ATFX announced hiring former Swissquote executive Gonzalo Canete…
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The official announcement highlighted that through the extension of their collaboration, GCEX can provide its clients with access to Komainu’s staking solutions, allowing them to earn rewards on their digital assets while remaining under secure, segregated custody. GCEX CEO, Lars Holst commented: We are delighted to extend our partnership with Komainu, giving our clients access…
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Voyager announced the deal was stopped on Twitter, saying it received a letter from Binance. The crypto bank said it plans to use a "toggle option" in their bankruptcy plan to directly reimburse investors whose assets have been frozen since July. Voyager stated: Today, we received a letter from Binance.US terminating the asset purchase agreement.…
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The Swiss firm further warned people against providing their personal information on the clone website. The company stated: Do not trust any information to be found on the website https://www.jdh023.top/index/login/login/token/0c1e7103c3e0e56edb5f978f03103f9f.html. Do not provide any personal data on this website. Dukascopy concluded the announcement by saying it is “taking action” against the fake website. Earlier in…
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In a tweet, European Financial Services Commissioner Mairead McGuinness said the vote was “a world first” and that the new regulation can come into effect in July after approval from all member states. Some of the rules will take effect in time with some set for 2024. She stated: I welcome the European Parliament’s vote…
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Yoni Assia, CEO and Co-Founder of eToro, said: Financial content on social media has provided education to many who have felt excluded by more traditional channels. Twitter has become a crucial part of the retail investing community – it’s where millions of ordinary investors go every day to access financial news, share knowledge and converse.…
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Clayton Passero, Managing Director and Head of Futures Online, StoneX Financial Group, said: StoneX is committed to providing our clients with greater choice and access across financial markets to maximize their futures trading needs. This agreement enables StoneX clients to access Coinbase’s robust portfolio of products while benefiting from StoneX’s high-value and transparent clearing and…
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The Cypriot regulator initially suspended the license of the crypto exchange on 11 November 2022 following its collapse and extended the suspension once in December 2022 until March 2023. CySEC noted that during the suspension, the exchange is not permitted to offer or carry out investment services in the country or enter into any business…
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Paolo Ardoino, Chief Technology Officer of the Bitfinex group, said: We are delighted to be the first company to be awarded this licence. It will enable Bitfinex Securities to facilitate the issuance and secondary trading of assets with clearly defined rights and obligations as outlined in the new digital asset regulatory regime. The new DASP…
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