Tag: Exchange

Spanish Exchange 2gether Blocks Operations, Affecting 100,000 Users – Bitcoin News

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2gether, one of the oldest cryptocurrency exchanges in Spain, has suddenly blocked its operations, leaving its users without access to their accounts. The platform informed it had to take this action due to the current situation of the market in an email directed to customers. In addition, the platform erased its presence from social media, deleting its account on Twitter. 2gether Reports Bear Market Woes The current downturn in the cryptocurrency market has affected several cryptocurrency exchanges and lenders unable to return funds to customers, having declared bankruptcy,…

Proposal to Set Up Russian Crypto Exchange Circulated in Moscow – Exchanges Bitcoin News

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Russia may establish a dedicated exchange to carry out cryptocurrency transactions locally, a high-ranking member of the State Duma has suggested. The new platform can be hosted by the Moscow Exchange, according to Anatoly Aksakov, head of the parliamentary financial market committee. Russian Authorities Mull Creating Domestic Cryptocurrency Exchange A crypto trading platform may be established at the Moscow Exchange (MOEX), according to a statement by Anatoly Aksakov, who chairs the Financial Market Committee at the State Duma, the lower house of Russian parliament. The lawmaker, who has been involved…

Celsius moved $529M worth of wBTC to FTX exchange: Should we be worried?

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Embattled lending platform Celsius has transferred nearly 25,000 Wrapped Bitcoin (wBTC), worth $528.9 million to crypto exchange FTX, prompting concerns from some in the community about whether a dump may soon follow.  The huge transfer to the exchange comes after the lending platform paid off its remaining $41.2 million of debt to Maker (MKR) protocol, freeing up its loan’s entire wBTC collateral. However, the community is unsure what to make of the transfer, with some fearing that a dump of the wBTC on the exchange could soon follow, pushing Bitcoin…

Exchange español Bit2Me planea duplicar su equipo en 12 meses y realizar tres adquisiciones

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La financiación para las nuevas contrataciones y adquisiciones vendrá de dinero de la compañía, incluyendo parte de los €20 millones que levantó a través de un ICO en 2021, dijo Ferreira, quien no descartó la suma de capital por parte de algún socio estratégico. “No es algo que necesitamos o queremos cerrar de inmediato”, dijo, y agregó: “Estamos abiertos a la entrada de un socio estratégico. No nos obsesiona”. Source

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…