Category: Cryptocurrency

June 14, 2023 BY Steffy Bogdanova

Gold-i announces integration of Crypto Switch with Hidden Road

Tom Higgins went on to express his delight in the newly announced integration of Gold-i’s Crypto Switch with Hidden Road’s API. He highlighted Hidden Road’s offering which includes connectivity and a pool of OTC Market Makers, ensuring deep liquidity for institutional digital asset adoption, a trend that continues to grow. Michael Higgins, Global Head of…

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June 13, 2023 BY Steffy Bogdanova

GCEX expands partnership with Hex Trust to include staking

GCEX’s collaboration with Hex Trust will enable GC Exchange A/S to offer its institutional and professional clients nine additional assets for staking, including ETH, HBAR, Flare, Apecoin, etc. The official announcement added that new asset types will be included in the future based on client demand. Michael Aagaard, Managing Director, GCEX Denmark said: We have…

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Robinhood
June 12, 2023 BY Alan Sayer

Robinhood to End Support for Cardano, Polygon, and Solana

While the decision to end support for Cardano, Polygon, and Solana comes as part of the company's regular review, it also follows the three tokens being named as securities in the recent Securities and Exchange Commission (SEC) lawsuits against Binance and Coinbase. Currently, Robinhood offers users the ability to buy and sell 18 cryptocurrencies. However,…

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Crypto firms in the UK are abandoning their FCA registration
June 08, 2023 BY Alan Sayer

FCA to Launch New Crypto Rules, Bans Incentives

The FCA said in its policy statement: Even when the financial promotions regime comes into force, cryptoassets will remain high risk and largely unregulated. Consumers should only invest in cryptoassets if they understand the risks involved and are prepared to lose all their money. Consumers should not expect protection from the Financial Service Compensation Scheme…

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June 05, 2023 BY Alan Sayer

Mercado Bitcoin Obtains Payment Institution in Brazil

The license also means the company can now offer digital banking services to its customers using held crypto assets. Moreover, there are also said to be plans for the exchange to establish a debit card with a crypto off-ramp offering. Mercado Bitcoin is a leading crypto exchange in the South American country, with more than…

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June 01, 2023 BY Steffy Bogdanova

Crypto.com secures payment institution license from MAS

Kris Marszalek, CEO of Crypto.com, said: The Monetary Authority of Singapore is recognized globally as a regulator that ensures responsible innovation of the digital assets sector. We are proud to receive the licence from a regulator that prioritizes consumer protection, safety, and security. We look forward to continuing to collaborate with MAS and leading at…

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TP ICAP
May 25, 2023 BY Steffy Bogdanova

TP ICAP’s marketplace for spot cryptoassets goes live

The newly introduced platform combines TP ICAP's in-house over-the-counter electronic platform, Fusion, with the institutional-grade custodial expertise of Fidelity Digital Assets. Leveraging TP ICAP's order matching and trade execution technology, the exchange benefits from the extensive liquidity derived from the firm's diverse global client base. At present, the venue offers trading in Bitcoin and Ether…

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May 24, 2023 BY Steffy Bogdanova

OKX applies for DASP license in France

According to the official announcement, France has turned into a European hub for OKX because of its transparent regulatory framework, as well as its high concentration of crypto enthusiasts and experienced traders, and the qualified workforce available. Over the years, OKX has grown its international compliance team and has worked on further developing its approach…

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