Category: Exchange

February 17, 2022 BY Steffy Bogdanova

24 Exchange secures Bermuda license to trade crypto

Dmitri Galinov, 24 Exchange CEO and Founder, said: This BMA license for 24 Exchange Broker Ltd. enables us to bring spot cryptocurrency trading onto our institutional-grade platform, making it more available, accessible and standardized. We are pleased to continue to drive the institutional adoption of crypto products trading at the best available rates and with…

Read more
NAGA Group
February 15, 2022 BY Steffy Bogdanova

NAGA to launch crypto exchange NAGAX

Following the launch, the German fintech online broker will also release its NFT and Staking platform under the label "NAGA Earn". Additionally, the firm also saw a dynamic beginning of the year. Brokerage revenues went as high as €8 million, nearly triple the amount it recorded during the same period last year. Bilski added: A…

Read more
FTX acquires Liquid
February 02, 2022 BY Steffy Bogdanova

FTX acquires fintech firm Liquid

Quoine integration Following Liquid’s acquisition by the FTX, Quoine will integrate FTX's products and services into its own offering, according to the official announcement. FTX's existing Japanese customers will be migrated to Quoine's platform. FTX has also agreed to provide Liquid’s existing Japanese users with services in compliance with Japanese laws. From 30 March 2022…

Read more
Deutsche Börse
January 31, 2022 BY Steffy Bogdanova

Deutsche Börse sees rise in demand for crypto products in 2021

ESG ETFs were the most popular categories in Europe at €33.6 billion in turnover, climbing 176% YoY. Xetra remained the largest exchange venue for ESG ETFs in terms of trading turnover and number of listed ETFs. Stephan Kraus, head of Deutsche Börse's ETF segment, said: Continued strong growth in our ESG segment reaffirms how mission-critical…

Read more
January 31, 2022 BY Steffy Bogdanova

Crypto exchange Binance restricts 281 Nigeran accounts

Zhao further outlined in his letter the importance of user security and confirmed the company’s devotion to its Nigerian community. Zhao said: Protection mechanisms such as KYC, anti-money laundering measures, collaboration with law enforcement, and account restrictions are in place to ensure our community remains protected and that fraudulent activity is prevented. This is a…

Read more
December 16, 2021 BY Steffy Bogdanova

Binance to launch crypto exchange in Indonesia with Telkom partnership

Binance founder and chief executive Changpeng Zhao, said: Our ambition at Binance is to grow the blockchain and cryptocurrency ecosystem globally, and this initiative in Indonesia is a significant step in that direction. With fast technology adoption and strong economic potential, Indonesia could become one of the leading centers of the blockchain and crypto ecosystem…

Read more
Bitfinex Upgrade
October 15, 2021 BY Steffy Bogdanova

Bitfinex doubles its server capacity

Paolo Ardoino, CTO at Bitfinex, said: With today’s increase in server capacity, we’ve beefed up the exchange’s front-end and back-end servers. This doubling of server capacity combined with the improvement to internal networking is likely the biggest upgrade we've had since we moved to our data center. We have an obsessive interest in technical improvement.…

Read more
September 27, 2021 BY Steffy Bogdanova

Binance stops offering crypto trading to Singapore clients

The official statement said: Binance constantly evaluates its product and service offerings. We will be restricting Singapore users in respect of the Regulated Payments Services in-line with our commitment to compliance. Users in Singapore are advised to cease all related trades, withdraw fiat assets and redeem tokens by Wednesday, 2021-10-26 04:00 AM UTC (12:00 PM…

Read more
August 19, 2021 BY Steffy Bogdanova

Binance restricts crypto derivatives offering in Australia

Binance has faced an intense scrutiny and regulatory backlash recently. In June, the FCA banned Binance from undertaking any regulated activity in the UK, following a warning placed by the Japanese regulator, the FSA. However, this did not happen in Australia. The move follows the recent warning the Australian regulator issued against trading crypto through…

Read more