Hong Kong’s Financial Services and Treasury Bureau said in a statement: We recognise VA is here to stay, given how it has attracted attention of global investors and is increasingly viewed as a conduit for financial innovations, not to mention the future opportunities that will be opened up as VA moves into the areas of…
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Ryan Moroney commented: As more institutional clients move toward Web3 blockchain-driven technology, Optio gives CQG the opportunity to accelerate our footprint and play a leading role in the fast-growing digital asset space. Terry Lam added: Over the last few years, we have seen the crypto marketplace develop rapidly. However, it is evident that the workflow…
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BitMEX has not revealed the reasons behind the Hoeptner’s departure, only noting that it takes “immediate effect”. Hoeptner joined the exchange in January 2021, replacing Vivien Khoo as interim CEO. He became full-time CEO following co-founder Arthur Hayes stepping down after criminal charges were brought against him. Founded in 2014, BitMex has in recent years…
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ASIC Deputy Chair Sarah Court said: We allege that, despite what BPS represented in its marketing, Qoin merchant numbers have been declining, and that there have been periods of time where it was not possible to exchange Qoin tokens through independent exchanges. ASIC is particularly concerned about the alleged misrepresentation that the Qoin Facility is…
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FTX’s Founder and CEO, Sam Bankman-Fried commented on Twitter: We’ve mostly stamped out sites that try to phish users by masquerading as FTX. But we can’t fix fake sites impersonating *other* services. A few users accidentally registered at fake other sites, including 3 Commas. The reimbursement for the phishing scam is a one-time step taken…
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Under the new CASP license, Binance can offer crypto services such as pot, custodian, staking, and card services. The CySEC authorisation follows similar registrations in Europe for Binance including in France, Italy and Spain. The crypto exchange also expanded its presence in the Middle East with registrations in Abu Dhabi, Dubai, and Kazakhstan. Changpeng Zhao…
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OANDA explained that opening a Paxos account, funding and trading s all managed within the app so investors can access major cryptocurrencies such as Bitcoin, Ethereum and PAX Gold against the US dollar from the platform. Gavin Bambury, Chief Executive Officer of OANDA, said: As the number of Americans seeking exposure to cryptocurrencies grows, it's…
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Gilles BianRosa, the Chief Product Officer at N26, commented: The N26 banking experience has always been built around the customers’ needs, with features that make money management easy. With N26 Crypto, we have created a simple, intuitive product that integrates seamlessly into N26’s fully-regulated banking experience where one’s bank balance, savings, and investment portfolio sit…
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ASIC’s interim order is valid for 21 and stops the funds from issuing interest. Investors in these funds are likely to experience significant price volatility and deep negative returns in periods of asset price decline. The highly volatile and complex nature of crypto-assets makes the investments “risky and speculative”. Holon has disclosed in its product…
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The new version of the payment solution is currently offered without the minimum monthly fee for all clients who join until the end of the year. There two variants of the solution – a crypto wallet managed by the provider’s team and a self-managed solution with the client’s sole control over the wallet. The official…
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