This was confirmed with the news that the company, which runs the world’s biggest crypto exchange, has received a licence to operate as a full virtual-asset services provider (VASP). The licence has been issued by Dubai’s Virtual Assets Regulatory Authority (VARA). The regulatory process goes through four stages in Dubai, with Binance entering the third…
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This authorisation opens the doors for investing in the globally dominant cryptocurrency without having to own a single bitcoin. The approved filing contains ETFs from issuers such as BlackRock (BLK), ARK Invest (ARKK), VanEck, Fidelity, and Grayscale (GBTC), which received the go-ahead to uplist GBTC on the NYSE. Don’t miss out the latest news, subscribe…
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By becoming authorised participants, JPMorgan and Goldman Sachs would have the ability to create and redeem shares, adding to the stability of liquid maintenance. An impressive benefit would also be the ability to align ETF share prices with each firm’s underlying assets, and, as global giants, this would benefit all parties involved. Don’t miss out…
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CEO Vlad Tenev was confident on Thursday as he announced the upcoming launch. Many would be apprehensive after two failed launches in a region, but Tenev said there was no sense of “deja vu”. He believes Robinhood is capable of serving customers “tightly”. One major advantage for the company, is that it has already secured…
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This news follows the May announcement regarding the company’s launch of the Coinbase International Exchange. This is a non-US exchange with a class F licence from the BMA. Experts believe this regulatory approval will open doors for crypto asset trading. This would be a positive move for the industry at a time when financial regulations…
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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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Interactive Brokers Hong Kong’s new crypto trading has commissions of 0.20% - 0.30% of trade value, which also depends. Additionally, there is a $2.25 minimum per order charge with no added spreads or markups. David Friedland, Head of APAC at Interactive Brokers, said: Investor demand for digital assets continues to grow in Hong Kong and…
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Mathias Schuetz, Chief Commercial Officer EMEA, said: SEBA is a crypto banking industry leader, bridging and simplifying traditional and digital finance. Since its creation, we have developed a unique universe of products and services. With the launch of the SEBA new offering consisting of the Gold program, the Platinum program, and the Corporate program, we…
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Haider Rafique, Global CMO, OKX, commented: In the last year we have added a number of features that make it easy for new traders to follow or learn from other successful traders on the platform. Advancing social trading to include copy trading now adds more utility to the community of traders available to anyone on…
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OANDA explained that opening a Paxos account, funding and trading s all managed within the app so investors can access major cryptocurrencies such as Bitcoin, Ethereum and PAX Gold against the US dollar from the platform. Gavin Bambury, Chief Executive Officer of OANDA, said: As the number of Americans seeking exposure to cryptocurrencies grows, it's…
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