Bybit, a Dubai-headquartered cryptocurrency exchange, has announced the suspension of services to the United Kingdom in response to pending rules from the country’s Financial Conduct Authority (FCA). Starting October 1, Bybit will no longer allow new account applications, followed by the suspension of new deposits, new contracts and changes to positions for existing users on […]
Domini.art ($DOMI) has emerged as one of the top DeFi projects launched in 2023, offering investors the potential to see their investments grow by up to 440% during the presale and up to 3,400% once tokens hit exchanges. Domini.art provides a solution to one of the biggest problems facing high-end art markets: low liquidity due […]
Cryptocurrency-friendly brokerage firm eToro is expanding its crypto services worldwide by securing new regulatory approval in Europe. eToro has received the Crypto Asset Service Provider (CASP) registration from the Cyprus Securities and Exchange Commission (CySEC), which will authorize it to offer regulated crypto services to all countries in the European Union from one single entity […]
Alchemy Pay, a cryptocurrency payment gateway, has recently acquired a Money Transmitter License in the state of Arkansas, USA. This license allows the company to offer a wide range of financial services, including the sale and issuance of payment instruments, stored value, prepaid access, as well as the receipt and transmission of money, virtual currency, […]
The Australian Securities and Investments Commission (ASIC) has initiated legal proceedings against Bit Trade, the operator of the Kraken cryptocurrency exchange in Australia. ASIC alleges that Bit Trade neglected to establish a target market determination before offering its margin trading product to Australian clients, in violation of design and distribution requirements for financial product providers […]
Bitcoin – the world’s largest cryptocurrency – is a “bargain” today, according to Robert Kiyosaki, the renowned author of Rich Dad Poor Dad. He recommends taking advantage of the recent weakness to build a position in the “future” at a discount. On-chain activity has increased to levels not seen since April, and there are a […]
Bitget is a crypto exchange that has been at the forefront of the crypto revolution for the past five years. It was founded by a group of traditional finance experts and innovators with the goal of reshaping the digital landscape. Bitget offers a variety of unique offerings for the EN market, such as welcome bonuses, […]
PayPal has announced that its PYUSD stablecoin is now available on Venmo. The payments firm said that the stablecoin, which is pegged to the U.S. dollar, is already available to Venmo users and will be “rolling out fully in the coming weeks”. The stablecoin is issued by Paxos Trust and is fully backed by U.S. […]
OKX, a leading crypto exchange and Web 3.0 technology company, announced today that it has successfully completed the SOC 2 Type II audit, demonstrating that the company’s processes for governing its services, managing sensitive data and protecting data privacy meet the highest global standards. The internationally recognized SOC 2 Type II report is one of […]
David Hirsch, the United States SEC crypto enforcement chief, has issued a warning that more punishment and charges are imminent for the crypto industry. Hirsch made it clear that the regulatory body has not yet exhausted its arsenal when it comes to the crypto space. Speaking at the Securities Enforcement Forum Central in Chicago, Hirsch […]
