Category: Exchanges

UK-Based Fiinu Discloses £12M Purchase of Foreign Exchange Brokerage Firm Everfex

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Fiinu has announced the proposed acquisition of foreign exchange brokerage Everfex P.S.A. in a transaction valued at up to £12 million. Under the terms of the agreement, Fiinu will issue 80 million new ordinary shares to Granicus Holdings O.Ü, the sole owner of Everfex, at a price of 10 pence per share, equating to an initial consideration of £8 million. An additional £4 million may be payable if Everfex meets certain performance targets after 1 January 2026. This further consideration would be settled via 20 million new Fiinu shares at…

SBI Holdings Proposes Bitcoin/XRP ETF for Tokyo Stock Exchange

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Japan’s SBI Holdings said it plans to launch a bitcoin/ XRP exchange-traded fund (ETF) on the Tokyo Stock Exchange, but the launch is contingent on the Financial Services Agency approving cryptocurrency-linked investment trusts and ETFs. FSA’s Regulatory Review The Japanese financial services group, SBI Holdings, recently revealed its plan to launch a bitcoin/ XRP exchange-traded […] Source

CFTC Approves Spot Crypto Trading on Registered Exchanges

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In a landmark development, the Commodity Futures Trading Commission (CFTC) announced on August 4, 2025, that it will permit spot crypto trading on exchanges registered under its jurisdiction. The decision, announced in coordination with the Securities and Exchange Commission (SEC) as part of the broader Project Crypto initiative, was first reported by Reuters. The following […] Source

XRP Ramps up in Korea as BDACS Taps Into Top Regulated Exchanges

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XRP strengthens its foothold in South Korea as BDACS enables institutional custody and compliant exchange access, accelerating adoption amid rising demand for regulated crypto infrastructure. XRP Lights up Korea’s Crypto Scene as BDACS Bridges Institutions and Regulations Ripple shared on social media platform X on Aug. 5 that digital asset custody firm BDACS has added […] Source

Coinbase Stock Accelerates Dip As Crypto Exchange Announces $2,000,000,000 Debt Offering

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The leading US-based crypto exchange by trading volume is experiencing a drop in stock value while it announces a $2 billion debt offering. Today, Coinbase Global (COIN) announced plans to offer $2 billion in convertible senior notes through a private placement to qualified institutional buyers. The offering, which is subject to market conditions, includes $1 billion in notes due by 2029 and another $1 billion due by 2032. Coinbase says it may also grant initial purchasers options to buy up to an additional $150 million of each series within 13…

Philippines SEC Flags 10 Crypto Exchanges for Violations

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The Philippines Securities and Exchange Commission (SEC) issued an advisory naming 10 major crypto exchanges, including OKX, Bybit, KuCoin, Kraken and others, for operating without the required authorization under the country’s new crypto regulations. The alert, published on Monday, warned that the platforms continued to offer or promote crypto services to Philippine users despite lacking registration under SEC Memorandum Circulars No. 4 and No. 5, which took effect on Tuesday. “These platforms have no license, registration, or authorization from the SEC to operate in the Philippines or to solicit investments…

CFTC Wants to Allow “Spot Crypto Asset Contracts” Trading on Registered Exchanges

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Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Executive Interview with Kathy Lian from BKTraders | iFX EXPO International 2025 Jeff Patterson of Finance Magnates interviews Kathy Lian, co-founder of BKTraders, at iFX EXPO International 2025. They discuss…

Peter Thiel-Backed Crypto Exchange Bullish Files for $4,230,000,000 IPO: Report

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A crypto exchange backed by billionaire investor Peter Thiel is seeking to file for an initial public offering (IPO) worth over $4.2 billion. According to a new Reuters report, the billionaire-backed Bullish is targeting a $4.23 billion valuation for its upcoming US IPO. Bullish reportedly plans to invest many of the IPO funds in US-dollar-backed stablecoins. Bullish plans to offer 20.3 million shares priced between $28-$31, seeking up to $629 million. The news comes on the heels of another Thiel-backed firm, BitMine, announcing that it has accumulated over $3 billion…

Crypto Exchange Bullish Targets Up to $629M in NYSE IPO, Backed by BlackRock and ARK

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Crypto firm Bullish plans IPO that could raise up to $629 million, joining a growing list of blockchain companies seeking capital as regulatory sentiment shifts in their favor, Coindesk reported. The company has filed to list 20.3 million shares on the New York Stock Exchange under the ticker “BLSH” at a price range of $28 to $31. At the top of that range, the offering would be valued Bullish at approximately $4.2 billion, according to its updated F-1 filing with the U.S. Securities and Exchange Commission. The IPO includes an…

US Crypto Exchange-Traded Funds Beat Out Vanguard’s Legendary S&P 500 ETF in Record-Setting Month of Inflows: Analyst

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New data from senior Bloomberg analyst Eric Balchunas reveals that US crypto ETFs (exchange-traded funds) beat out Vanguard’s renowned S&P 500 ETF (VOO) in July. In a new thread on the social media platform X, Balchunas notes that US crypto ETFs had a staggering $12.8 billion worth of inflows in July, outpacing all other ETFs, including VOO, which currently has $713.13 billion in assets under its management. “US Crypto ETFs took in $12.8 billion in July, the best month ever, [at] a $600m/day pace, about double [the] average. As a…