The unit was created in 2017 and since then it has brought over 80 enforcement actions in cases related to fraudulent and unregistered crypto asset offerings and platforms, and has brought monetary relief of over $2 billion. The expanded Crypto Assets and Cyber Unit will use SEC’s expertise to protect investors in the crypto market.…
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Cboe announced that it plans to operate the company as a subsidiary. ErisX’s Chief Executive Officer Thomas Chippas will remain as head of the digital asset business. As part of Cboe, Chippas will report directly to Chris Isaacson, Executive Vice President and Chief Operating Officer of Cboe. Thomas Chippas, Chief Executive Officer of ErisX, commented:…
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The new offering includes no overnight fees, low commissions, and tight spreads from $9 on BTCUSD. Brian Myers, CEO of Equiti Brokerage (Seychelles) Limited, said: Our global teams have worked diligently to create one of the strongest crypto offerings possible. After numerous requests from our global retail clients for a crypto investment product, Equiti has…
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Kraken stated that it is the first global virtual assets exchange group in the United Arab Emirates to receive a full financial licence from the Abu Dhabi regulator. Kraken MENA’s goals is to provide access to virtual assets through regulated funding, trading, and custodial services in UAE's currency, dirhams. The Middle East is one of…
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Gregory added: Our mission is to help make it easy and safe for everyone to invest in cryptocurrencies. We make buying and holding cryptocurrencies so simple and intuitive that you no longer think of it as ‘cryptic’- it’s just new money. The expansion of the company comes as Currency.com registered a strong growth across its…
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Mark Hipperson, Founder and CEO of Ziglu, commented: Ziglu and Robinhood share a common set of goals, working to reduce the barriers to entry for a new generation of investors, and we’re excited to pursue that mission together. As part of Robinhood, we’ll supercharge Robinhood’s expansion across Europe and bring better access to crypto and…
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A competitor of Coinbase Global Inc., Blockchain.com, was valued at $14 billion at a Series D funding round that took place in March and was led by Lightspeed Venture Partners. Blockchain.com has a presence in more than 30 states in the US including Michigan, Georgia and North Dakota.
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Nexo said in the official announcement: The card requires no minimum repayments, monthly, or inactivity fees. There are no FX fees for up to €20,000 per month. Additionally, there are no restrictions on what a customer can spent or withdraw. Interest is with no cost for Nexo customers who maintain a loan-to-value ratio of 20%…
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The company further explained that clients of other countries and regions will not be impacted by the decision. The Russian invasion of Ukraine was followed by a barrage of sanctions from western countries and the exit of foreign companies form Russia. Several financial services companies, like Goldman Sachs and payment firms Visa, Mastercard, American Express…
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With its latest announcement, Robinhood is addressing the demand for broader selection of cryptocurrencies. Steve Quirk, Chief Brokerage Officer at Robinhood, commented: We’re excited to add more choices for our customers as we work to make Robinhood the best place to invest in crypto. As a safety-first company, we have a rigorous framework in place…
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