Commissions on crypto trading with Paxos on Interactive Brokers’ RIA platform can go as low as 0.12% - 0.18% of trade value, depending on monthly volume with a $1.75 minimum per order. Initially, the service will be available in the US, however the brokerage firm’s future plans include launching it for financial advisors in other…
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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.…
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Mark McGinness commented: The rapid mainstream adoption of blockchain and crypto technology signals a need for a deeper understanding and appreciation among governments, regulatory bodies and users alike. I aim to bridge this divide through working closely with industry leaders and policymakers to not only set best practices and regulatory frameworks, but also broaden their…
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With the SOL scalable crypto asset ran via the Solana blockchain, users of the eToro platform can buy, hold or sell it. Doren Rosenblum, Vice President of Business Solutions at eToro, commented: The long-term potential of crypto is clearly a concept that is now widely accepted, and the interest in crypto from both institutional and…
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Impact of cryptocurrencies in Nvidia Q2 Report Another major business that has stepped into the world of crypto trading lately is Nvidia. Let's find out how their new business ambitions affected their net revenue and growth. How Nvidia entered the world of crypto trading Nvidia unveiled new CPUs exclusively for mining virtual coins in February,…
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This approval is a significant development for Swiss crypto market. The official announcement stated: For the first time, FINMA has approved a Swiss fund that invests primarily in cryptoassets, that is to say in assets based on the blockchain or distributed ledger technology. The fund concerned goes by the name of the “Crypto Market Index…
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Acting Director of Enforcement Vincent McGonagle, said: This action is part of the CFTC’s broader effort to protect U.S. customers. Margined, leveraged or financed digital asset trading offered to retail U.S. customers must occur on properly registered and regulated exchanges in accordance with all applicable laws and regulations. According to the CFTC, Kraken offered margined…
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Guido Buehler, CEO of SEBA Bank, said: Two years ago SEBA Bank received a Swiss banking and securities firm licence and is now enjoying excellent business momentum as institutional adoption of crypto & digital assets accelerates globally. The newly secured CISA licence extends the bank’s digital asset investment activities by offering digital custody services for…
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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…
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The recent blow to crypto follows China’s concerns over cryptocurrency trading’s connection to fraud, money laundering and excessive energy consumption. China is one of the largest crypto markets in the world. This is the latest crackdown of China on crypto currency trading but it is not the first. In May, the country promised to focus…
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