Category: Exchanges

New Kraken CEO Says Crypto Exchange Won’t Be Registering With the SEC: Report

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The incoming chief executive of crypto exchange Kraken reportedly says that the firm has no plans to register with the U.S. Securities and Exchange Commission (SEC). According to a new report by Reuters, Dave Ripley, who will take the place of current CEO Jesse Powell, says that Kraken won’t register with the SEC as a market intermediary or delist tokens the regulatory agency has deemed to be securities. In July, the SEC reportedly opened an investigation into leading US crypto exchange Coinbase for allegedly offering unregistered securities. At the time,…

What is a cryptocurrency mining pool?

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In the early days of Bitcoin (BTC), crypto enthusiasts only required a basic personal computer with an internet connection to generate new BTC tokens through a distributed computing process known as mining.  However, with more people chasing the same number of block rewards, Bitcoin’s mining process has become more challenging with time. In fact, the quantum of rewards will progressively reduce by half every four years, making it less rewarding for individual miners who will need to allocate greater computational resources with time. Available on blockchain protocols that employ a…

Cryptocurrency Exchange Bitso Launches Interoperable QR Payments in Argentina – Exchanges Bitcoin News

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Bitso, a Mexico-based, Latam-focused cryptocurrency exchange, has launched an initiative that aims to allow Argentines to use crypto for their everyday purchases. The exchange is introducing QR payments directly in its app, which will be interoperable with other platforms already using this method of payment in Argentina. Bitso Seeking to Drive Crypto Payments in Argentina Bitso, one of the biggest exchanges in Latam, with more than 5 million customers, is extending its focus on payments in Argentina. The exchange has launched one of the first interoperable QR payment…

Crypto Exchange Coinbase Sued Over Patent Infringement

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Moscow Exchange drafting bill on digital financial assets and securities trading: Report

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The Moscow Exchange (MOEX) is drafting a bill to allow trading in digital financial assets (DFAs) and securities based on them, according to a report in the Russian press. The stock exchange is writing the bill on the behalf of the Russian Central Bank, which does not have the power to introduce legislation, Vedomosti newspaper reported on Thursday.  Speaking at a banking conference, MOEX supervisory board chair Sergei Shvetsov said the bill in preparation foresees trading in both DFAs and DFA certificates that would trade like securities. “The exchange and its…

Turn its debt into a new cryptocurrency

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Since bankrupt crypto lender Celsius froze withdrawals in June, customers’ funds have been in limbo. Now, leaked audio shared with CNBC reveals a preliminary plan to compensate them. The company wants to issue an “IOU” cryptocurrency  to customers that signed up for some of its accounts.  The recording was provided by Tiffany Fong, who says she is one of the 500,000 Celsius customers with funds locked in the platform. Fong says she received the audio from a self-identified employee, who stayed anonymous during their communications. CNBC was not able to…

PRIMEZTOKEN Is Now Available for Trading on LBank Exchange – Press release Bitcoin News

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press release PRESS RELEASE. INTERNET CITY, DUBAI, Sep. 23, 2022 – LBank Exchange, a global digital asset trading platform, has listed PRIMEZTOKEN on September 23, 2022. For all users of LBank Exchange, the PRIMEZTOKEN/USDT trading pair is now officially available for trading. Aiming to introduce Japan’s world-class contents to Japan and overseas using blockchain technology, Primez provides an NFT marketplace where Japanese contents can be converted into NFTs. Its native token PRIMEZTOKEN has been listed on LBank Exchange at 8:00 UTC on September 23, 2022, to further expand its global…

Coinsquare acquires publicly-traded crypto exchange CoinSmart

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Canada’s crypto exchange landscape appears to be consolidating after Coinsquare, one of the largest digital asset trading platforms in the country, acquired CoinSmart for an undisclosed amount.  On Thursday, Coinsquare announced that it had entered into a definitive agreement to purchase all issued and outstanding shares of CoinSmart’s wholly-owned subsidiary Simply Digital. Once the deal becomes final, CoinSmart will hold a roughly 12% ownership stake in Coinsquare on a pro-forma basis. Shares of the CoinSmart crypto exchange, which trade on the NEO Exchange, were up 67% on Friday, largely in…

NYSE and TSE Partner on Product Dev, Marketing and Info Exchange

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The New York Stock Exchange (NYSE) and the Tokyo Stock Exchange (TSE) on Thursday announced a partnership to support cross-border investment activities between the United States and Japan. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. Under the partnership, the exchanges will work together to develop investment products and marketing activities targeted at investors in both countries. Furthermore, they will exchange information on sustainability and the use of digital technologies as well…

Crypto Exchange Coinbase Granted Operating License in European Union’s Fifth-Largest Economy

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Crypto exchange Coinbase will begin offering its services in the Netherlands after winning approval to operate in the country, which has the fifth largest economy in the European Union. Coinbase says they are now the first major global crypto exchange to successfully register with the Dutch Central Bank, the central bank of the Netherlands. The achievement is part of the company’s continued expansion in countries outside of the United States. Nana Murugesan, Coinbase’s vice president of international and business development, says the approval illustrates how the company is working to…