Category: Exchanges

New York Stock Exchange Considering Launch of NFT Marketplace, According to New Trademark Application

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The New York Stock Exchange (NYSE) appears to be interested in diving into the world of non-fungible tokens (NFTs). The largest stock exchange in the world filed a trademark/service mark application with the United States Patent and Trademark Office (USPTO) for the “provision of an online marketplace for buyers, sellers, and traders of downloadable digital goods authenticated by non-fungible tokens.” The application also indicates the NYSE is interested in developing “downloadable virtual reality, augmented reality, and mixed reality software,” as well as a “financial exchange of virtual currency in the…

US Lawmaker Introduces Bill to Protect Privacy in Cryptocurrency Transactions – Regulation Bitcoin News

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A U.S. congressman has introduced the “Keep Your Coins Act” in order to “preserve Americans’ right to privacy in transacting with crypto assets.” The lawmaker says, “this legislation would prohibit any federal agency from promulgating a rule that would impair a person’s ability to act as self-custodian.” US Lawmaker Seeks to Protect Privacy in Crypto Transactions With ‘Keep Your Coins Act’ The office of Congressman Warren Davidson (OH-R) announced Thursday that the lawmaker has introduced the Keep Your Coins Act “to protect transaction privacy.” The announcement explains that the proposed…

Bashoswap Building a Cardano-Powered Decentralized Exchange

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February 18, 2022 – Kaunas, Lithuania Bashoswap – a decentralized exchange (DEX) on Cardano network that aims to facilitate swaps between ADA and other crypto assets built on Cardano. It was founded in late 2021 by a group of blockchain experts with years of experience in the tradfi and stock exchange markets, with a mission to develop a fully-featured DeFi product that will be of huge benefit to the Cardano ecosystem – as it will take an entirely new approach to fund the project. When launched, users could swap their Cardano tokens…

Digital Exchange Binance Partners with Netmarble F&C

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Cryptocurrency exchange Binance today announced that the company has signed a Memorandum of Understanding (MoU) for a strategic collaboration with Netmarble F&C to establish an international P2E and NFT offering. Both companies are also planning to explore opportunities to launch Initial Game Offering (IGO) on the Binance NFT marketplace. Founded in 2014, Netmarble F&C is a subsidiary of Netmarble Corp. The company is known for the development of leading games. The latest announcement from Binance came after the company enhanced its presence in the global Paly to Earn (P2E) ecosystem…

DOJ Appoints Eun Young Choi as Head of National Cryptocurrency Enforcement Team

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Today, the US Department of Justice (DOJ) has announced the appointment of Eun Young Choi, veteran    cybersecurity  Cybersecurity Cybersecurity is a blanket term that refers to the protection of computer systems and networks from the theft.More broadly speaking, cybersecurity can also represent countermeasures against damage to hardware, software, or electronic data, as well as from the disruption or misdirection of the services they provide.It was not long ago that the term cybersecurity not exist as it was first used in 1989. In today’s vernacular cybersecurity, refers to measures taken…

Permission.io’s ASK Coin Listed on Gate.io Exchange

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February 17, 2022 – San Diego, California ASK, the digital currency for permission marketing, empowers consumers to earn from their personal data while providing brands with an engaged audience. Permission.io, the leader in web 3.0 advertising and creator of the world’s first crypto rewards ad platform, today announced that the ASK digital currency will be listed on Gate.io, one of the top 10 cryptocurrency exchanges globally with over 10 million registered users. ASK will begin trading on Gate.io on February 17, 2022, with an ASK/USDT pairing. The exchange offers spot,…

India’s crypto tax provides little legal clarity for traders and exchanges

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Earlier in February, Indian Finance Minister Nirmala Sitharaman announced a tax proposal that would bring the relatively unregulated digital asset space under the purview of tax authorities. The proposal includes a 30% income tax on crypto returns and a 1% tax deducted at source (TDS) by crypto exchanges on transactions above 10,000 Indian rupees ($133). The announcement came during the parliamentary budget session for 2022, and the government has already set April 1 as a deadline for crypto exchanges to comply with the new tax regulations. The introduction of the…

Crypto Exchanges Bitget Becomes Sponsor of Galatasaray

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Crypto exchange Bitget, which made the headlines after its deal with Juventus, has made another big-ticket sports sponsorship deal: this time with the popular Turkish football club, Galatasaray. Announced on Thursday, Bitget will sponsor the football club for the rest of the ongoing 2021-2022 playing season. The    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…

Mastercard Enhances Consulting with Cryptocurrency-Dedicated Practices

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To enhance its presence in cryptocurrency, the open banking, open data and ESG financial services provider, Mastercard recently announced that the company has expanded its consulting services with new practices. In addition, the NYSE-listed firm highlighted the importance of innovative technologies like cryptocurrency and open banking in the global financial services industry. According to Mastercard, the company’s consulting service has been a key driver behind the engagement of its customers. Mastercard’s 2,000 data scientists, engineers and consultants in its Data and Services division are serving customers in more than 70…

Coinbase, Robinhood, Kraken and Other Top Exchanges Join New Anti-Money Laundering Organization

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A slew of prominent exchange platforms are joining a new anti-money laundering initiative. According to a recent blog post by leading crypto exchange Coinbase, it and other popular trading platforms such as BlockFi, Circle, Robinhood, Fidelity Digital Assets, Gemini and Kraken will join the Travel Rule Universal Solution Technology (TRUST), a joint solution created to comply with the U.S. Financial Crimes Enforcement Network’s (FinCEN) Travel Rule. The Travel Rule requires financial institutions to collect and retain certain information related to funds transfers and transmittals in amounts of $3,000 or more.…