The deal marks the largest-ever merger between traditional finance and crypto. Kraken added that the move also strengthens its position as a 24/7 multi-asset trading platform. Founded in 2003, NinjaTrader serves nearly two million traders and operates as a CFTC-registered Futures Commission Merchant (FCM). The acquisition provides Kraken with a direct pathway into the U.S.…
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As part of the collaboration, Deutsche Bank will now provide fiat currency deposit services, allowing HashKey Exchange clients to deposit Hong Kong dollars and US dollars into virtual accounts managed by the bank. The bank explains that the initiative introduces an alternative deposit option, utilising API-based virtual account solutions to streamline transactions. The partnership also…
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The cryptocurrency exchange secured a Virtual Asset Service Provider (VASP) registration from Argentina’s National Securities Commission (CNV). The registration allows the company to operate within the country’s legal framework for virtual assets. Argentina, where Coibase says five million people use cryptocurrencies daily, presents a key market for Coinbase. According to Coinbase, 87% of Argentinians believe…
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The move means it is the first-ever ETP in Europe tracking the performance of the Aptos (APT) cryptocurrency. Aptos is a layer-1 blockchain, which the company says is designed for high scalability and low transaction costs. It is said to be particularly well-suited for applications like gaming and decentralized finance (DeFi), leveraging the Move programming…
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The initiative, supported by the Singapore Economic Development Board (EDB), aims to foster the local developer ecosystem by supporting engineers to build the future of Web3, the decentralized internet powered by blockchain technology. "This brings us one step closer to our goal of increasing economic freedom by onboarding one billion people into the cryptoeconomy, and…
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The claim was filed with the International Centre for Settlement of Investment Disputes (ICSID), a part of the World Bank based in Washington, D.C. ICSID, known for arbitrating disputes between global investors and states, registered the case on January 18, as indicated on its website. The Bulgarian finance ministry acknowledged receiving an arbitration request from…
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While the move is only temporary, it’s yet another blow for a company that is struggling to maintain a steady cash flow and repay its creditors. Zipmex looked to have secured its financial future earlier this year when V Ventures announced a $100m buyout, but the acquisition fell through weeks later. _______________________________________________________________________________________________________________________________ Don’t miss out…
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Clients can now hedge their FX exposure against non-convertible currencies on a Central Limit Order Book (CLOB). Transparent price discovery, efficient market structure, firm limit order market data, deeper liquidity and streaming real-time will now be available to all participants. LMAX intends to create a more diversified offering for institutional investors. That results from a…
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Yet another cryptocurrency exchange has decided to exit the market, as Bittrex Global, originally hailing from Liechtenstein, has declared its intention to halt trading and operations involving US dollars from the start of December. ______________________________________________________________________ Don’t miss out the latest news, subscribe to LeapRate’s newsletter _______________________________________________________________________ The move follows a series of actions initiated by…
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The platform was permitted entry to the registry on Tuesday and was approved by noon on Wednesday to engage in certain cryptoasset activities as stated by the FCA. Recently, the FCA declared that companies offering crypto services in the UK must be approved for registration and comply with the FCA's anti-money laundering rules, or charges…
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