Category: Exchanges

CFTC Clears Path to Allow US Citizens to Access Offshore Crypto Exchanges

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The US Commodity Futures Trading Commission (CFTC), a US financial regulator, announced on Thursday that offshore crypto exchanges now have a pathway to legally serve US-based clients by registering under the Foreign Board of Trade (FBOT) framework. US-based clients have had the right to trade on registered offshore platforms since the 1990s under the FBOT registry, and the framework works for all asset classes, acting CFTC Director Caroline Pham said in a statement. Pham said: “Starting now, the CFTC welcomes back Americans who want to trade efficiently and safely under…

Newcastle United Signs Multi-Year Crypto Exchange Deal

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Newcastle United has entered a multi-year partnership agreement with cryptocurrency exchange BYDFi, adding another digital asset company to the growing list of crypto sponsors in English football. Newcastle United Partners with Crypto Exchange BYDFi The deal makes BYDFi the Premier League club’s official cryptocurrency exchange partner. Terms of the agreement were not disclosed by either party. The partnership comes as Newcastle United continues building its commercial portfolio following the Saudi-backed takeover in 2021. The club has been working to expand its international presence, particularly in Asian markets. 🎉 We are…

Global Exchanges Urge Crackdown on Tokenized Stocks Over Investor Risk

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The World Federation of Exchanges has urged securities regulators to take action against tokenized stocks, citing concerns over market integrity and investor risks. Mismatched Products and Regulatory Gap The World Federation of Exchanges (WFE), which represents major stock exchanges globally, has called on securities regulators to crack down on tokenized stocks, arguing they pose a […] Source

Global Regulators, Exchange Operators Target Tokenized Stocks

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Exchange industry associations and global regulators are joining forces to curb the growth and adoption of tokenized stocks, arguing that these products do not represent actual equities and expose investors to significant risks. According to Reuters, the European Securities and Markets Authority (ESMA), the International Organization of Securities Commissions (IOSCO), and the World Federation of Exchanges (WFE) have sent a letter to the US Securities and Exchange Commission’s (SEC) Crypto Task Force, urging stricter regulatory oversight of tokenized stocks. The organizations argue that tokenized stocks “mimic” the equities they are…

Crypto Exchange Gemini Launches XRP Credit Card in New Ripple Partnership

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US-based crypto exchange Gemini is launching a co-branded credit card with Ripple that puts XRP at the center of everyday payments.  According to a new Gemini press release, the XRP edition of the Gemini Credit Card pays 4% back in XRP on fuel, EV charging, rideshare and transit; 3% on dining; 2% on groceries; and 1% elsewhere. Partner merchants can push rewards up to 10%, and early applicants approved by June 30, 2025, qualify for a $200 XRP bonus after $3,000 in spending within 90 days. Issued by WebBank and…

Crypto Meets Rugby: VALR Becomes Official Exchange Partner of South Africa’s DHL Stormers

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VALR, Africa’s largest crypto exchange by trade volume, has announced a three-year partnership with DHL Stormers to become the South African rugby team’s official crypto exchange partner. VALR’s branding will feature prominently at DHL Stadium and on team kits, while the exchange will host a VIP suite for institutional clients. The partnership includes fan engagement […] Source

Kraken First Major Exchange to Fully Adopt DVT for Ethereum Validators

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Kraken has become the first major cryptocurrency exchange to fully integrate distributed validator technology into its Ethereum staking infrastructure using the SSV Network. This deployment is a significant step in enhancing the security and reliability of its staking services. SSV Network’s Distributed Validator Technology Now Live on Kraken The technology decentralizes validator operations by splitting […] Source