Binance co-founder Yi He takes the reins of its $7.5 billion venture capital arm LeapRate

August 04, 2022 BY Steffy Bogdanova

Binance co-founder Yi He takes the reins of its $7.5 billion venture capital arm

Focus and goals As head of Binance Labs, Yi will be responsible for global strategy and the day-to-day operations. She will also focus on supporting infrastructure projects and improving utility in crypto and blockchain projects. Yi aims to drive future adoption of Web3 and blockchain technology. Her work at Binance Lab will have additional focus…

August 02, 2022 BY Steffy Bogdanova

SEC issues charges on 11 people in a $300 million crypto pyramid scheme

Furthermore, SEC alleges that cease-and-desist actions by the Securities and Exchange Commission of the Philippines in September 2020 and by the Montana Commissioner of Securities and Insurance in March 2021 did not stop Forsage from operating and the defendants continued to promote the scheme while denying the claims in several YouTube videos. Carolyn Welshhans, Acting…

July 25, 2022 BY Steffy Bogdanova

Crypto.com secures regulatory approval to operate in Cyprus

Kris Marszalek, Co-Founder and CEO of Crypto.com, said: Europe is a priority region for Crypto.com and our continued expansion in the market is a testament to our commitment to compliance and collaboration with regulators. Our registration in Cyprus is the next significant step in our continued progress as we expand our products and services to…

July 24, 2022 BY Steffy Bogdanova

Binance to offer crypto CFDs in Australia

Leigh Travers, Director of Binance Australia Derivatives said: Launching crypto derivatives under an AFSL delivers on our core strategy of becoming a regulated institution in Australia. The Binance Australia Derivatives products will enable wholesale customers the opportunity to hedge their crypto portfolio as well as grow the total size of Australian crypto markets. Changpeng Zhao,…

July 19, 2022 BY Steffy Bogdanova

TraderCryptoX offering now includes 60 cryptos

Spread out the eggs Risk is present in every type of financial instrument. However, the risk factor is more meaningful for crypto trading because of the nature of these assets. Learning how to navigate through it properly can help investors benefit from crypto trading’s potential. Geitner added: It is well known that when risk is…

July 18, 2022 BY Steffy Bogdanova

Coinbase secures crypto licence in Italy

Nana Murugesan, Vice President, International and Business Development, said: Building a constructive relationship with regulators in every jurisdiction in which we operate is incredibly important as we march toward our mission of increasing economic freedom in every corner of the world. Gaining this regulatory approval is a testament to our close collaboration and positive working…

July 14, 2022 BY Steffy Bogdanova

OKX granted Dubai VARA provisional license

Lennix Lai, General Manager, OKX Dubai, commented: The MENA region is one of the fastest growing markets for our industry, and we are very excited to be at the heart of this thriving ecosystem. OKX looks forward to contributing meaningfully to the free exchange of ideas that is going to be so important to the…

July 08, 2022 BY Steffy Bogdanova

Binance announces gaining virtual asset services provider registration in Spain

Changpeng Zhao (CZ), founder and CEO of Binance, commented: Effective regulation is essential for the widespread adoption of cryptocurrencies. We have invested significantly in compliance and introduced AMLD 5 and 6 compliant tools and policies to ensure that our platform remains the safest and most trustworthy in the industry. Moon Tech’s registration in Spain is…

June 30, 2022 BY Steffy Bogdanova

Coinbase is going after European licenses as it looks to expand outside of US

Murugesan said: In all these markets our intention is to have retail and institutional products. It’s almost like an existential priority for us to make sure that we are able to realize our mission by accelerating our expansion efforts. Coinbase ‘s expansion plans come as response to the looming “crypto winter.” Murugesan stated that the…

June 27, 2022 BY Steffy Bogdanova

NinjaTrader and Tradovate now offer Nano Bitcoin futures from Coinbase Derivatives Exchange

Boris Ilyevsky, Head of Coinbase Derivatives Exchange, said: NinjaTrader's reputation within the retail futures sector is unparalleled, and Tradovate has collaborated with us from day one by sharing our values in creating best-in-class products for their customers. We couldn't be more excited to continue our partnership with them and innovate on new products together for…

Tag: Crypto