Tag: Exchange

Moscow Exchange to Suspend JPY Trading Due to Settlement Risks

boss

Russia’s Moscow Exchange (MOEX) announced on Monday that it will suspend trading in Japanese yen on the currency markets, effective from August 8, 2022. It cited potential risks and difficulties in the Japanese yen  settlement  Settlement Settlement in finance refers to the process when a buyer makes payment and receives the agreed-upon services or goods. The term is used on exchanges such as New York Stock Exchange (NYSE) when security changes hands. When the asset is transferred and placed in the new buyer’s name, it is considered settled. This process…

Exchange Data International and Finalto Partner to Face the Demand in Multi-Asset Trading

boss

Exchange Data International (ED), a leading provider of global security corporate actions, pricing, and reference data services, and Finalto have teamed up to allow EDI’s clients to better access Finalto’s innovative multi-asset trading service. Finalto has a large client base encompassing a wide variety of market participants, actively trading across multiple financial Instruments, allowing us to provide a unique insight into multi-asset trading behaviour and market activity via its extensive data sets. The unique execution data derived from our trading clients can be consumed by all types of financial institutions…

LBank Exchange Will List Cryptostone (CPS) on July 25, 2022 – Press release Bitcoin News

boss

press release PRESS RELEASE. INTERNET CITY, DUBAI, Jul. 24, 2022 – LBank Exchange, a global digital asset trading platform, will list Cryptostone (CPS) on July 25, 2022. For all users of LBank Exchange, the CPS/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on July 25, 2022. Aiming towards decentralization, equity and balance, Cryptostone (CPS) builds an innovative, fully anonymous and no KYC blockchain financial ecosystem, which consists of crypto payment gateway, centralized crypto exchange, ICO launchpad, decentralized crypto exchange, decentralized worldwide stock market, wallet, public blockchain…

Huobi Becomes Latest Crypto Exchange to Receive Provisional Approval From Dubai Regulator – Exchanges Bitcoin News

boss

Huobi recently became the latest cryptocurrency exchange platform to be granted provisional approval by the Dubai Virtual Assets Regulatory Authority, a statement from the company has said. The provisional approval allows Huobi to offer virtual asset exchange products and services to “pre-qualified investors and professional financial service providers.” Spot and OTC Services Are Limited to Pre-Qualified Investors The Asian cryptocurrency exchange platform, Huobi, has become the latest digital asset services company to receive provisional approval from the Dubai Virtual Assets Regulatory Authority (VARA). According to a statement released by the…

Coinbase Disputes SEC’s Allegation That the Exchange Lists 9 Crypto Securities – Regulation Bitcoin News

boss

Nasdaq-listed crypto exchange Coinbase has disputed the allegation by the U.S. Securities and Exchange Commission (SEC) that nine of the crypto assets traded on its platform are securities. The company’s chief legal officer stressed: “Coinbase does not list securities. End of story.” Coinbase Insists It Does Not List Crypto Asset Securities The U.S. Securities and Exchange Commission (SEC) alleged that cryptocurrency exchange Coinbase listed nine crypto asset securities in a complaint filed Thursday. The securities regulator charged a former Coinbase employee with “violating the antifraud provisions of the securities laws”…

This Decentralized Exchange Is Now Competing With Curve (CRV) To Be DeFi’s Top DEX: Analytics Firm IntoTheBlock

boss

IntoTheBlock says one decentralized exchange (DEX) is now competing with Curve’s (CRV) dominance over the decentralized finance (DeFi) space. IntoTheBlock reports that Uniswap’s (UNI) total value locked (TVL) briefly surpassed Curve’s this week. Curve had been the top DEX in terms of TVL for more than a year, according to the analytics firm. Source: IntoTheBlock The TVL of a blockchain represents the total capital held within its smart contracts. TVL is calculated by multiplying the amount of collateral locked into the network by the current value of the assets. IntoTheBlock…

FTX Attempting To Purchase South Korea’s Second-Largest Crypto Exchange: Report

boss

A new report claims an FTX deal to buy the South Korean crypto exchange Bithumb is currently in “advance talks.” According to a new report from Bloomberg, a person familiar with the matter says the two exchanges have been working on the deal for months. Bithumb is South Korea’s second-largest crypto exchange, according to Statista. The exchange’s offices were raided earlier this week by South Korean prosecutors investigating the collapse of Terra (LUNA) and its stablecoin TerraUSD (UST), according to the Seoul-based Yonhap News Agency. Bloomberg also reports that FTX…

FTX May Acquire Leading South Korean Exchange Bithumb

boss

FTX, the leading crypto trading platform, is in advanced talks to buy Bithumb. Allegedly, both companies have been in discussions for several months, and yet there are no deals confirmed.  Along with Upbit and Coinone, Bithumb is one of the top centralized South Korean-based crypto exchanges. It currently lists 188 cryptocurrencies and was established in 2014.  In terms of daily trading volume in late November 2021, it has reached over $3 billion, according to data from CoinGecko. Currently, the value has dropped down to around $558 million. Multiple crypto companies…