The move follows Webull’s crypto trading launch in Brazil last month and is part of a broader push to expand digital asset offerings globally. The company explained that the arrangement will see Webull Pay Inc., the parent company of Webull Pay LLC, become a subsidiary of Webull Corporation (NASDAQ: BULL). The transaction has been approved…
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The cryptocurrency exchange explained in a press release that the products are designed to replicate the functionality of global perpetual futures while remaining fully compliant with the Commodity Futures Trading Commission (CFTC) regulations. Perpetual futures are said to dominate international crypto markets, accounting for more than 90% of trading activity in some estimates. However, such…
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The new service, launched in partnership with crypto asset platform Uphold, is said to be fully integrated into IG’s existing infrastructure, allowing customers to trade cryptocurrencies alongside stocks, indices, ETFs, commodities and FX within a single platform. “This is a huge moment for IG and a major milestone in the UK's crypto journey,” said Michael…
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The company revealed that on February 21, 2025, the SEC’s Enforcement Division notified RHC in a letter that it had concluded its inquiry. The investigation stemmed from a Wells Notice issued to RHC in May 2024, which suggested that the SEC was considering enforcement action. “We applaud the staff’s decision to close this investigation with…
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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 SEC alleges that Cumberland has been engaged in buying and selling crypto assets offered and sold as securities for its own accounts since at least March 2018. According to the SEC, as part of its complaint, Cumberland acted as a dealer by trading crypto assets via its Marea online trading platform and by engaging…
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FTX's high-profile collapse in November 2022 sent shockwaves through the cryptocurrency industry. It resulted in the criminal conviction of FTX founder Sam Bankman-Fried, who was sentenced to 25 years in prison for fraud earlier this year. The United States Department of Justice states on its website that "Samuel Bankman-Fried orchestrated one of the largest financial…
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The feature allows users to deposit and withdraw over 20 cryptocurrencies, including major players like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). “With the launch of crypto transfers in Europe, we’re making self-custody and entering DeFi simpler and more accessible for our customers,” commented Johann Kerbrat, VP and GM of Robinhood Crypto. “Support for deposits…
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The latter half of 2023 saw a surge in investor interest in major cryptocurrency tokens, spurred by expectations of the U.S. Securities and Exchange Commission's (SEC) approval of spot bitcoin ETFs. This anticipation contributed to a 57% increase in bitcoin's price in the fourth quarter, which enhanced Coinbase's trading fee revenue. Despite concerns that the…
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The strategic plan of Bitget Wallet is expansive, covering a wide array of services specifically tailored to the Bitcoin ecosystem. Platform users can look forward to robust BTC asset management, seamless cross-chain swaps, support for both EOA and MPC wallets, compatibility with Taproot, and efficient asset transfers for BRC-20 tokens and NFTs. Additionally, Bitget Wallet…
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