Category: Exchanges

Binance Limits Services to Russian Users to Comply With EU Sanctions – Exchanges Bitcoin News

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Following the latest round of EU restrictions against Russia, digital asset exchange Binance is limiting services to Russian clients. The company pledged to lead the industry in implementing the sanctions and urged all major trading platforms to follow. Crypto Exchange Binance Cuts Services to Russian Accounts in Accordance With EU Penalties Binance, the world’s leading cryptocurrency exchange, is restricting services for Russian nationals or natural persons residing in Russia and legal entities established in the Russian Federation that have crypto assets exceeding €10,000 ($10,800) in value. The move is in…

Metrics Show Decentralized Exchange Volumes Continue to Slide This Year – Defi Bitcoin News

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Decentralized exchange (dex) volumes have been dropping since December 2021 according to current statistics. However, last month dex trade volumes spiked 2.37% higher than the volumes recorded in February. Despite the brief spike and with only eight days left in April, metrics show this month’s dex volumes will likely be much lower than in March. Decentralized Exchange Volumes Slip Month After Month — April’s Dex Volumes Remain Lackluster In 12 months, dex platforms recorded over $1 trillion in trade volume as they have become prominent fixtures in the crypto industry.…

Australian prudential regulator releases roadmap for cryptocurrency policy

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The Australian Prudential Regulation Authority, or APRA, published a letter to regulated entities Thursday setting out risk management expectations and a policy roadmap for the regulation of crypto-assets through 2025. “While activities associated with crypto assets are still relatively limited in Australia, the potential scale and risks of such activities could become significant over time,” chairman Wayne Byres said in the letter. The letter instructed the regulated entities undertaking activities with crypto assets to engage with their supervisory agencies, and it outlined risk management measures and standards specific to a…

Coinbase is planning to purchase crypto exchange BtcTurk in $3.2B deal: Report

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Major United States-based cryptocurrency exchange Coinbase is reportedly planning to purchase BtcTurk for $3.2 billion. According to Turkish tech media outlet Webrazzi citing a Thursday report from Mergermarket, the two exchanges negotiated a price based on the market behavior of the Turkish lira and Bitcoin (BTC), arriving at roughly $3.2 billion. One or both of the two firms have reportedly already signed a term sheet. The potential acquisition would follow Coinbase CEO Brian Armstrong announcing plans to expand to every country in which the exchange can legally operate. Cointelegraph reported…

SIX Digital Exchange Inks Partnership with Daura

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On Wednesday, SIX Digital Exchange (SDX), the world’s first fully regulated FMI digital asset  exchange  Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectively relevant with…

Crypto Exchange Coinbase Launches Beta Version of Highly-Anticipated New NFT Marketplace

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Top US crypto exchange Coinbase has announced that it is launching a beta version of its much-anticipated non-fungible token (NFT) marketplace. According to a new company blog post, the exchange says that starting today, beta testers will be able to create a Coinbase NFT profile to buy, sell, and trade NFTs minted on Ethereum (ETH) using a crypto wallet. “Our beta is live today! We’re taking the first step on that journey by releasing our beta. Starting today, anyone can check out the first version of Coinbase NFT at nft.coinbase.com…

QMALL Crypto Exchange Obtained a Regulatory License from the EU

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The Ukraine-based QMALL crypto exchange obtained a crypto license from the European Union (EU) and payment gateway. The cryptocurrency license is providing QMALL with access to European clients and businesses. Take Advantage of the Biggest Financial Event in London. QMAll was founded in 2021 by Mykola Udianskyi and Bohdan Prylepa. It is the first crypto exchange to be fully regulated by the Ukrainian Government, which has contributed to the recent EU crypto license it has received. In order to receive the EU license, QMALL registered in Lithuania under ‘UAB QMALL’.…

How To Invest In Cryptocurrency In Australia

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The cryptocurrency market in Australia is a booming investment industry, with more people embracing and putting their money into it. With more information about cryptocurrencies available, people are learning how to invest and trade. There are also tools readily available to help traders make informed trading decisions. While the available trading resources have made investing in cryptocurrencies more manageable, there are some basics that every trader should still know about. For example, taxation laws, exchange platforms, and deposit methods can vary from place to place. So, if you’re in Australia,…

Robinhood Begins European Expansion, Acquiring Regulated UK-Based Crypto Firm Ziglu – Exchanges Bitcoin News

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Nasdaq-listed trading platform Robinhood is acquiring Ziglu, a London-based electronic money institution and crypto asset firm. The acquisition is part of Robinhood’s international expansion plan. Robinhood “sees a big opportunity in serving customers across the globe.” Robinhood Acquiring Regulated Crypto Firm Ziglu Popular U.S.-based trading platform Robinhood announced Tuesday that it has signed an agreement to acquire a regulated cryptocurrency firm Ziglu. Citing its mission to “democratize finance for all,” Robinhood emphasized, “That’s why earlier this year, we announced that we’ve set aggressive goals to start opening our crypto platform…