XRP price gained more than 34% YTD to trade around $0.45 as Ripple widens its portfolio in Europe. Following a string of hostile crypto regulatory frameworks in the United States and the lack of goodwill from the Securities and Exchange Commission (SEC) to stop enforcement actions, digital assets firms have opted to diversify through Europe or other friendly markets. Already, several centralized exchanges – including Gemini Trust Company LLC and Coinbase Global Inc (NASDAQ: COIN) – have shifted focus to seeking regulatory approvals in crypto-friendly markets like the European Union.…
Tag: Exchange
TP ICAP’s Institutional Crypto Exchange Finally Goes Live for Spot Trading
Fusion Digital Assets, TP ICAP’s crypto spot exchange for institutional investors initially targeted for mid-2021 launch, has finally gone live. The platform has successfully completed its first Bitcoin/US dollar trading pair transaction, the top interdealer broker said on Wednesday, noting that the trade was settled by one of its partners, Fidelity Digital Assets. The launch of the enterprise-grade trading venue comes six months after TP ICAP secured a UK license to operate the exchange. However, the financial market infrastructure and data solutions provider has been offering crypto derivatives services since…
0x Labs Releases new Decentralized Exchange Version to Improve Trading Experience
“In a world where there are billions of tokens, there are dozens of different blockchain networks and there are hundreds of different decentralized exchanges scattered across them, figuring out where to go, in order to buy or sell a token and get the best price gets more and more complicated,” added Warren. Aggregation and providing a multichain product like Matcha is “going to become more and more valuable for users over time.” Source
Crypto exchange Bitfinex Expands Latin American Presence With Investment in Chile’s OnionX
“We’re excited to collaborate with Orionx as we look to expand our presence in Chile and across Latin America,” Paolo Ardoino, CTO at Bitfinex, said in a statement. “This represents a major step forward in our efforts to harness the power of Bitcoin and decentralized technology to promote financial freedom and empower businesses that share our values,” he added. Source
Tel Aviv Stock Exchange Taps TipRanks’ Tools
Israel’s Tel Avil Stock Exchange (TASE) has integrated TipRanks’ Smart Portfolio solution with the bourse’s new consumer-facing platform, TASE+, which provides users insight into their portfolio holdings, Finance Magnates learned exclusively. “We are excited to introduce our innovative Smart Portfolio to the Start-Up Nation,” said the CEO of TipRanks, Uri Gruenbaum. Uri Gruenbaum, CEO TipRanks “Now, all Israeli investors who trade on the TASE will have access to the same top-level investing insights as professional traders and hedge funds. TipRanks levels the playing field for everyday investors, giving them the…
OKX may open exchange in France after license application
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent move, OKEx, the world’s second-largest cryptocurrency exchange by trading volume, applied for a DASP license in France. OKX would fully comply with the French regulatory framework once it obtains the DASP license and registers with the Autorité des Marchés Financiers (AMF). OKX will be able to provide its portfolio of services to local consumers if it obtains the license. 🇫🇷 We’re thrilled to announce that #OKX has chosen France as our European hub…
Crypto Exchange Bitget Secures License to Operate in Poland
Bitget secured regulatory licenses as a virtual asset service provider in Poland and Lithuania, witnessing significant growth and positioning itself among the Top 4 centralized crypto exchanges. Earlier on Tuesday, May 23, crypto exchange Bitget announced that it has successfully registered as a virtual asset service provider (VASP) in Poland. Securing this regulatory license will allow Bitget to operate legally in the Polish market. Amid the current market scenario, Bitget has been spreading its footprint fast across different markets. Last month in April 2023, Bitget secured its VASP license in…
Crypto Investor Justin Sun Moves $4.3M of MakerDAO’s MKR to Crypto Exchange Binance
The spot market of MKR is thin and illiquid, meaning that a large sell order can significantly move the token price. A sell order for 525 MKR on the MKR/USDT pair on Binance, the most liquid market for the token, may cause a 2% price decline, according to Cryptowatch data. Source
Crypto Investor Justin Sun Moves $4.3M of MakerDAO’s MKR to Crypto Exchange Binance
CryptoX – Cryptocurrency Analysis and News Portal The spot market of MKR is thin and illiquid, meaning that a large sell order can significantly move the token price. A sell order for 525 MKR on the MKR/USDT pair on Binance, the most liquid market for the token, may cause a 2% price decline, according to Cryptowatch data. Source The post Crypto Investor Justin Sun Moves $4.3M of MakerDAO’s MKR to Crypto Exchange Binance appeared first on CryptoX. CryptoX Portal
Crypto Exchange OKX Seeks Regulatory Approval in France
OKX’s DASP registration comes after the 27 EU member countries unanimously agreed on the Markets in Crypto Assets (MiCA) regulation. Seychelles-based cryptocurrency exchange OKX is currently seeking to set up a base in France. To this end, it has applied to obtain a license as a Digital Asset Service Provider (DASP) in the country. Therefore, if the Financial Markets Authority (AMF) approves, then OKX may legally carry out its digital assets business in the European Union’s second-largest economy. OKX Reveals Recruitment Plans in France According to Tim Byun, the company’s…