Two US Representatives Urge the SEC To Approve Options on Spot Bitcoin Exchange-Traded Funds: Report

A pair of bipartisan US congressmen are reportedly asking the U.S. Securities and Exchange Commission (SEC) to greenlight options trading on spot Bitcoin (BTC) exchange-traded funds (ETFs). Citing a letter sent to SEC chair Gary Gensler, Axios reports that Representatives Mike Flood (R-NE) and Wiley Nickel (D-NC) say that approving options trading on Bitcoin ETFs is critical and crucial to investors that the securities watchdog seeks to protect. Reads the document, according to Axios, “We urge you, without delay, to approve options on spot Bitcoin ETPs or to provide an…

Swiss Exchange SIX Partners with Dubai Financial Market for Dual Listings

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MultiBank.io: A Revolutionary Leap in Cryptocurrency Derivatives Trading

PRESS RELEASE. MultiBank Group, a prominent global financial institution, proudly announces the launch of MultiBank.io, its state-of-the-art cryptocurrency derivatives trading platform. This significant initiative heralds a transformative milestone in the progression of cryptocurrency trading, driven by MultiBank.io’s advanced technological infrastructure and pioneering product portfolio. Facilitating Traders with Unparalleled Leverage and Diversity The MultiBank.io platform presents […] Source

Crypto Exchange Coinbase Adds New Canadian Stablecoin to Listing Roadmap

The top US crypto exchange Coinbase has announced that a stablecoin pegged to the Canadian dollar could soon be trading on its platform. Announcing via the social media platform X, Coinbase says it’s adding QCAD to its listing roadmap, which alerts customers that the company could soon add support for certain assets. QCAD was relaunched last year by digital asset company Stablecorp with the promise to maintain reserves at least equal to the amount of QCAD in circulation on public blockchains. QCAD is available for use on Ethereum (ETH), Stellar…

Chartering The Future Of Regulatory-Compliant Cryptocurrency Trading

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Russian Crypto Exchange Unable to Process Withdrawals; Angry Users Try to Storm Offices

Approximately 50 users of Beribit, a Russian cryptocurrency exchange, recently tried to storm the company’s Moscow offices to demand their digital assets. Beribit’s management has attributed the delay in processing withdrawal requests to an audit initiated following the discovery of discrepancies in the exchange’s balance sheet. Balance Sheet Discrepancies About 50 users of the Russian […] Source

Nigeria Cryptocurrency Clampdown: Central Bank Directs Fintech Firms to Stop Opening New Accounts

The Central Bank of Nigeria has directed four fintech companies to cease the creation of new accounts, citing their potential use by cryptocurrency traders. An executive from one of the affected fintech companies has associated the Central Bank’s directive with a current audit of the Know Your Customer (KYC) procedures implemented by these firms. Fintech […] Source

Revolut's Former Exec Launches $6.5M Crypto Exchange

The former Head of Crypto Ops at Revolut, Ruslan Fakhrutdinov, has launched a crypto exchange with an investment of $6.5 million. Tioga Capital, Semantic Ventures, Cherry Ventures, Starkware, and Cyber Fund are some investors in the new exchange dubbed X10. Self-Custody and On-Chain Settlement According to the press release, executives from Revolut and the Founder of Lido, Konstantin Lomashuk, have invested in the crypto exchange. X10 combines aspects of a centralized exchange and a decentralized finance platform. It promises full self-custody of digital assets and on-chain settlement of transactions. “With…

Devexperts Teams Up with nuam Exchange to Boost Equity and Derivatives Trading

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