According to Forbes’ research of retail crypto traders, asset safety remained the most critical feature that exchange users want. Crypto Users Have Crossed the 500 Million Mark Globally Forbes has released its third annual “Best Crypto Exchange” ranking, evaluating over 200 firms based on security, trading volume, fees, and regulatory compliance. Topping the list is […] Source
The Cyprus Securities and Exchange Commission (CySEC) has launched an initiative to enhance the Cyprus Stock Exchange (CSE) in order to restore its role as a key driver of economic development in Cyprus. A roundtable discussion on the topic, “Strengthening the Cyprus Stock Exchange,” took place at CySECโs offices. Various stakeholders attended and presented proposals aimed at revitalising investor interest, attracting new companies, and increasing the number of investment products on the CSE. “A healthy stock exchange Stock Exchange A stock exchange, also known as a securities exchange or bourse…
Belarus is preparing to launch its own official cryptocurrency. President Alexander Lukashenko recently disclosed this development to journalists, adding that Belarus has a surplus of electricity. Belarus Preparing to Issue a National Cryptocurrency, President Lukashenko States More countries are preparing to issue cryptocurrencies, as digital assets are gaining traction in international markets. Belarus is currently […] Source
OKX finally received the Markets in Crypto-Assets Regulation (MiCA) license. The milestone allows the crypto exchange to offer regulated crypto services through localized offerings targeting more than 400 digital asset users in Europe. Currently, OKX ranks as the fourth with a trading volume of $4.9 billion in the past day alone. According to data from CoinMarketCap, the current top three exchanges are Binance, Bybit, and Coinbase. “The full MiCA license marks a pivotal step in OKX’s journey as a responsible leader and innovator across the global crypto ecosystem. Europe holds…
Indonesia’s cryptocurrency trading activity experienced a 335.9% expansion in 2024, reaching Rp 650.61 trillion ($40.2 billion), as reported by the Jakarta Globe. The Commodity Futures Trading Regulatory Agency (Bappebti) attributed this exponential growth to an increasing user base and higher transaction volumes. Crypto Trading in Indonesia Soars as User Base Expands According to the report, […] Source
A new โculture coinโ is rolling out on Binance. The top global crypto exchange airdropped Animecoin (ANIME) to qualified users this week and then listed the asset for trading. Animecoin is the sixth project launched via Binanceโs HODler Airdrops program, which rewards BNB holders with tokens based on historical snapshots of their balances. Animecoin bills itself as a way for fans to own a piece of the anime industry. โANIME is a true Culture Coin โ a movement that transforms the anime fandom of 1 billion fans into a community-owned…
Indian crypto exchange WazirX has just secured the approval of the Singapore High Court to convene with its users in a bid to address debts and recover following a costly cyberattack last year. In July, the North Korean Lazarus group hacked WazirX and stole more than $230 million worth of assets, the massive loss prompted the exchange to suspend withdrawals from its platform. In a new statement, WazirX says that the court decided to allow its Singapore-based parent company Zettai to conduct a meeting and propose an arrangement scheme to…
The pre-authorization for Okx brings it closer to obtaining a complete MiCA license after establishing a dedicated MiCA hub in Malta. Okx Inches Closer to Full MiCA License Okx Exchange has announced the receipt of Markets in Crypto-Assets Regulation (MiCA) pre-authorization for Virtual Financial Assets (VFA). This is a precursor to obtaining a full MiCA […] Source
Cryptocurrency exchange Bitget has emerged as the second-largest crypto exchange ecosystem globally, following a year that saw its user base expand by 400% to reach 100 million users, according to its 2024 transparency report released today (Thursday). The platform’s growth was accompanied by a surge in trading activity, with daily volumes doubling to $20 billion and spot trading volumes expanding from $160 billion in the first quarter to $600 billion in the fourth quarter of 2024. Gracy Chen, Source: LinkedIn “Over the past six years, with the robust foundation we’ve…
Klein Funding, a newcomer to the prop trading market that launched late last year, has positioned itself uniquely by focusing on cryptocurrency instruments rather than traditional FX trading. The addition of Bybit, the world’s third-largest cryptocurrency exchange by spot volume, to their list of available trading platforms is significant news for crypto traders. “Our biggest update yet is here. Seamless trading, powerful tools, and endless opportunities with 700+ cryptos to trade await,” Klein Funding announced on social media regarding the new offering. ๐จWe are now offering Bybit !๐จ Our biggest…