Tag: Exchange

Global Top-10 Crypto Exchange Moves Closer to US Entry After Securing FinCEN License

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Crypto exchange Huobi says its brokerage subsidiary has received the Money Services Business Registration License (MSB) from the US Financial Crimes Enforcement Network (FinCEN). In a statement, the Seychelles-based crypto exchange says the license will allow HBIT Inc to provide foreign exchange and money transfer services in the US. Authorities require MSB registration to prevent illicit financial activities such as money laundering and terrorist financing. “This is another progress in the compliance process of Huobi Technology, creating a good compliance foundation for the company to carry out digital currency-related business…

The Moscow Exchange is a good base for crypto trading, Russian lawmaker says

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Russia continues sending mixed messages about the legal status of cryptocurrency, with a parliament official urging the launch of crypto trading on the country’s largest stock exchange. The Moscow Exchange (MOEX) is the best match for hosting a regulated crypto exchange in Russia, according to Anatoly Aksakov, head of the Russian Banking Association and a financial committee within the State Duma. At a recent press conference, Aksakov stressed the importance of building a crypto exchange under the strict requirements of the Russian central bank, local news agency Prime reported on…

Bitcoin Bears Prepare for the Crypto Winter Taking Billions off Exchange

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Bitcoin whales are becoming bears and taking their substantial holdings of Bitcoin off cryptocurrency exchanges in anticipation of long-term holding.  Withdrawal of liquidity from cryptocurrency exchanges may also be a function of Bitcoin investors opting to self-custody and many major centralized counterparties have gone insolvent.  Bears prepare for the winter by storing fat over the summer months and going into hibernation when temperatures start to drop and it appears that Bitcoin bears may be doing exactly that. According to data from blockchain analytics firm Glassnode, more long-term Bitcoin investors are…

How Inaccurate Data Misled Investors to See Massive Outflows From This Crypto Exchange; BTC Holds Steady Over $20K

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Yet, Nage also viewed positively bitcoin’s ability for much of the past month to remain in its current $18,000-$20,000 range. “Bitcoin has held steady around this trading pattern,” he said, adding: “We talk about digital assets as a durational effect in terms of things that are going to happen and change with society and our economic systems. Bitcoin is definitely a part of that.” Source

Intercontinental Exchange Total ADV for June Soared by 13%

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Intercontinental Exchange (ICE), an operator of global exchanges and clearinghouses, released its trading volume metrics on Wednesday for June 2022. The operator noted a surge in its total average daily volume (ADV) of around 13% on a yearly basis and a rise of 3% in its total open interest on a yearly basis. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. In other metrics, Brent ADV was up 6% y/y during the…

LBank Exchange Will List IX Token (IXT) on July 7, 2022 – Press release Bitcoin News

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press release PRESS RELEASE. INTERNET CITY, DUBAI, Jul. 6, 2022 – LBank Exchange, a global digital asset trading platform, will list IX Token (IXT) on July 7, 2022. For all users of LBank Exchange, the IXT/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on July 7, 2022. As an NFT-based strategy gaming platform, Planet IX builds a place where players can explore the world, collect NFTs, trade them on its marketplace, challenge each other in Play-to-Earn games and reap rewards from various DeFi functionalities, while creating…

Gate.io Announces Second Audit After Being First Exchange To Provide Proof-of-Reserves

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July 6, 2022 – Majuro, Marshall Islands Gate.io has announced it will commence another proof-of-reserves (PoR) audit to provide user verifiable reserves data through a Merkle tree implementation audited by a leading third party firm, after several high-profile bankruptcies in the space. In 2020, as the first cryptocurrency exchange in the world to commit to providing 100% collateral, Gate.io has worked closely with Armanino LLP, a leading US audit firm, to successfully provide users with professional and credible asset verification services in an open-source, transparent and cryptographically-verifiable Merkle tree. The asset…

SIX Digital Exchange Forms Strategic Partnership with Fireblocks

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SIX Digital Exchange (SDX) recently confirmed that its Web3 Unit, SDX Web3 Services, has developed a strategic collaboration with Fireblocks, one of the fastest-growing digital asset and crypto technology platforms, to assist regulated intermediaries and institutional investors. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments. The offering, which is expected to go live in H2 2022, will facilitate users through institutional-grade infrastructure services. In an official press release, SIX Digital Exchange noted…

Celsius Repays $183M on DeFi Exchange Maker, Gets Back Collateral, Blockchain Data Shows

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