Brian Myers, CEO of Equiti Brokerage, said: We’ve worked hard to meet the changing needs of our clients, and the message is clear when it comes to cryptos, there is a need for both short-term speculation and long-term investing. It is for this reason that we now provide one of the largest dual offerings in…
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The saga began in October 2020, when the CFTC filed a complaint against BitMEX trading platform and its co-founders for operating the business from the US without any license. Two other co-founders of BitMEX, Arthur Hayes and Samuel Reed, have also pleaded guilty to defying AML rules. Hays was already sentenced in May to serve…
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Brian Armstrong stated: We appear to be entering a recession after a 10+ year economic boom. A recession could lead to another crypto winter, and could last for an extended period. While it’s hard to predict the economy or the markets, we always plan for the worst so we can operate the business through any…
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The firm added: We firmly believe that acquiring all or part of Celsius’ qualifying, outstanding collateralized loan receivables will go a long way in providing immediate liquidity to Celsius clients. We are still waiting to hear from their management and will update you. The lender stated that the offer is subject to risk management and…
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Tom Higgins, CEO, Gold-i commented: We added Binance due to significant client demand, including from high-growth regions such as Asia. Binance is a fantastic exchange for us to have integrated with. It is the biggest exchange globally and this creates great opportunities for our clients. We have now completed our integration and are certain that…
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Zhao also disclosed the exchange’s plans to expand its operations within the country. He said: We are interested in investing in traditional financial service centers including payment service providers, banks, etc. We want to help bring those businesses into the blockchain world. Earlier in May, Binance tconfirmed it is in talks with Germany’s financial regulator…
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Brian Mulcahy, Head of StoneX Digital, commented: StoneX is committed to providing our clients access to a wide array of markets, diverse asset classes, and the tools necessary to interact with those markets effectively. We are thrilled that StoneX Digital will give institutional investors the ability to execute and custody cryptocurrencies just as they would…
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The new feature offered by PauPal allows its customers to move cryptocurrencies from PayPal to external crypto addresses, including exchanges and hardware wallets, and send crypto to family and friends on PayPal, with no fees or network charges. Jose Fernandez da Ponte, Senior Vice President and General Manager, Blockchain, Crypto & Digital Currencies at PayPal,…
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TT CEO Keith Todd commented: Our acquisition by 7RIDGE late last year has given us the ability to make a substantial investment into broadening our offering into new asset classes, including through partnerships with the most innovative and reliable firms with domain expertise. Among our first priorities is becoming a primary hub for crypto trading,…
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Acting Director of Enforcement Gretchen Lowe Making false or misleading statements to the CFTC in connection with a futures product certification undermines the CFTC’s work to ensure the financial integrity of all transactions subject to the CEA, protect market participants, deter and prevent price manipulation, and promote responsible innovation and fair competition. This enforcement action…
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