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Coinbase Announces Spot Crypto Trading for Non-US Investors
13.12.2023
Coinbase announced the launch of spot trading for non-US investors on its international exchange on Wednesday, marking the latest phase of the company’s global expansion. The start of something new Beginning on Thursday, December 14th, non-US institutional clients will be able to trade Bitcoin...
Pudgy Penguins to Launch Webkinz-like Virtual World in 2024
10.12.2023
Pudgy World, an interactive digital world available to Pudgy Penguin NFT holders, will become available in alpha mode sometime next year, according to the company’s CEO
Large Asset Managers Getting Ready to Buy BTC Ahead of Spot Bitcoin ETF Launches, Says Moody’s Director
6.12.2023
A senior director with Moody’s Analytics has highlighted the biggest driver behind the recent bitcoin price surge. “The race is heating up” to launch spot bitcoin exchange-traded funds (ETFs), he explained, emphasizing that large asset managers are “getting ready...
Retail broker Saxo Bank profitability rose in 2023
5.12.2023
Saxo Bank Group, Saxo Hong Kong’s parent company, recently released its financial results for H1 2023, projecting a spectacular performance amidst an otherwise challenging market scenario. Saxo Bank Group reported a profitability increase of $75 million, marking a considerable increase of around...
UK Treasury Advises Lower Limits on Retail Digital Pound Over Fears of Bank Runs
4.12.2023
The UK Treasury Committee advised proceeding slowly on a digital pound in a Dec. 2 report due to financial stability risks like sparking bank runs. Image by Alexey Novikov, Adobe Stock. The UK Treasury Committee released a report on December 2, advising the Bank of England to proceed cautiously...
Institutional Traders Split Between Bitcoin and Ether, Skeptical of Altcoins: Bybit Research
4.12.2023
Source: nuttapon / Adobe Stock A recent report from Bybit Research reveals insights into the sentiment and asset allocation of institutional traders in the cryptocurrency market during the first three quarters of 2023. The Bybit Research report delves into the asset allocation strategies...
Ethereum-Based Fasset Secures Operational License in Dubai for Tokenized Offerings
1.12.2023
Source: fasset.ae Digital asset brokerage Fasset FZE has received a Virtual Asset Service Provider (VASP) license from the Virtual Asset Regulatory Authority (VARA) in Dubai, UAE. According to the press release, the operational license is the final stage in VARA’s approval process. It authorizes...
Interactive Brokers Partners with OSL to Launch Crypto Trading for Retail Clients in Hong Kong
28.11.2023
Source: Pixabay / Andy Leung Interactive Brokers, an automated global electronic broker, is expanding cryptocurrency trading to retail investors in Hong Kong. The broker is now the first SFC-licensed securities broker to be approved to allow retail clients to trade cryptocurrencies in Hong Kong....
Interactive Brokers opens Hong Kong retail crypto trading with OSL
28.11.2023
Hong Kong clients will be able to purchase Bitcoin and Ethereum in their personal accounts
Hong Kong’s Victory Securities to Offer Digital Asset Services in Retail Markets
24.11.2023
Source: Pixabay Hong Kong’s investment management firm, Victory Securities has obtained approval to offer digital asset services to retail clients expanding the country’s number of cryptocurrency licences. In a Nov 24 press release, the company made the announcement that it obtained a license from...
Interactive Brokers Hong Kong licensed in Hong Kong for retail virtual asset trading
24.11.2023
Interactive Brokers Hong Kong was approved for a license in Hong Kong for virtual asset trading for retail clients, as announced by the regional managing director on LinkedIn
Hong Kong Investment Firm Victory Securities Obtains Retail Crypto Trading License
24.11.2023
The publicly traded company joins crypto-native firms HashKey Exchange and OSL Digital Securities with a license
Singapore to restrict retail crypto speculation with new rules
24.11.2023
According to MAS, speculative cryptocurrency trading is partly fueled by unverified success stories, celebrity endorsements and the fear of missing out (FOMO) on good returns
CryptoQuant Reports Decline in Binance’s Bitcoin Reserves as Retail Flow Shifts to Coinbase
23.11.2023
Bitcoin reserves on the world’s largest cryptocurrency exchange, Binance, are rapidly depleting, according to data from blockchain analytics firm CryptoQuant. The outflow is notably shifting towards the premium digital asset platform of the US-based crypto exchange Coinbase. Providing more...
Singapore Proposes Rules to Tighten Crypto Speculation in Retail Markets – Here’s the Latest
23.11.2023
Source: Pixabay / Sasin Tipchai The Monetary Authority of Singapore (MAS) has proposed revised guidelines to curb the growing rate of digital asset speculation in retail markets. In a recent publication, the Central Bank released amended regulations for digital payment token providers and related...
Binance's Bitcoin Reserves Drop as Retail Flow Moves to Coinbase: CryptoQuant
23.11.2023
The move appears to be in anticipation of the approval of spot bitcoin ETFs
Austria’s Raiffeisen Bank to Roll Out Crypto Trading for Retail Customers in January
23.11.2023
The bank will start its crypto services to customers in Vienna, in partnership with Bitpanda
Russian Lawmakers Urge Central Bank to Rethink Digital Ruble Plans
20.11.2023
Source: Alex Zarubi/Unsplash Russian lawmakers want the country’s Central Bank to ditch its current retail model digital ruble in favor of a wholesale alternative. Per Interfax, three State Duma committees submitted a joint response to the Central Bank’s monetary policy report for 2024-2026....
CBDC Milestone: Kazakhstan’s Central Bank Introduces Digital Tenge in Pilot Phase
16.11.2023
Source: Adobe/Сергей Шиманович The National Bank of Kazakhstan has initiated a pilot phase for its central bank digital currency (CBDC), becoming the latest bank to jump on the CBDC craze. In a recent announcement, the bank said the pilot phase started with the first retail payment using...
Lloyds Bank Issues ‘Urgent Warning’ on Rising Threat of Crypto Scams
16.11.2023
Lloyds Bank, a major retail and commercial bank in the U.K., has issued an “urgent warning” about the growing threat of cryptocurrency scams. “Crypto is a highly risky asset class and remains largely unregulated, which makes it an attractive area for fraudsters to exploit....