Tag: Exchange

London Stock Exchange Sets May 28 for Crypto ETN Trading Commencement

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The London Stock Exchange (LSE) has designated May 28 as the start date for trading in Crypto Exchange-Traded Notes (ETNs). Only professional investors will have authorization to engage in trading activities related to these ETNs. ETN issuers have until April 15 to submit their plans, ensuring eligibility for trading commencement in May. The LSE decided to commence trading on May 28 after careful consideration. It allows sufficient time for ETN issuers to meet the requirements outlined in the Crypto ETN factsheet. Additionally, it provides issuers planning to admit securities on…

London Stock Exchange to list Bitcoin and Ethereum ETNs starting in May

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The London Stock Exchange will start trading Bitcoin and Ethereum exchange-traded notes in May.  Starting April 8, the London Stock Exchange (LSE) will begin accepting listing applications for cryptocurrency exchange-traded notes (ETNs). The announcement follows the Exchange’s previous one and marks a significant milestone in integrating digital currencies into the U.K.’s financial market. Following the applications in April, the LSE will start trading crypto ETNs on May 28, pending approval from the Financial Conduct Authority (FCA). The inclusion of Bitcoin and Ethereum ETNs aims to attract a wide array of…

London Stock Exchange (LSE) Will Start Market for Bitcoin and Ether ETN’s May 28

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds

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Cryptocurrency exchange Okx has notified its users in India that the platform is shutting down services in the country “due to local regulations.” The exchange has advised users in India to “withdraw all funds” from their accounts by the end of April. The Indian government has not regulated crypto and the country’s finance minister recently […] Source

OKX Crypto Exchange to Cease Operations in India

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Cryptocurrency exchange OKX has informed its clients that it will no longer offer services in India. Customers are required to close their positions by the end of April, after which they can only withdraw their funds. The exchange cited regulatory considerations in the country as the reason for this decision. In a notice, OKX informed its Indian clients that they must close all margin positions, as well as positions in perpetual, futures, and options, and withdraw all funds by April 30. The notice stated that after this date, accounts will…

Crypto Exchange OKX Says Its Ending Services in India in Response to Regulation

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Global Leading Crypto Exchange BingX Makes Move Into Latin American Fiat-to-Crypto Payments

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VILNIUS, Lithuania, March 19, 2024 /PRNewswire/ — In a significant step towards its growth in Latin America, BingX is thrilled to announce its expansion into Brazil. Effective immediately, users in Brazil can access cryptocurrencies using Brazilian Reals (BRL) through transfers facilitated by Pix, the real-time retail payment system introduced by the Brazilian Central Bank.   This strategic move is part of BingX’s ambitious plan to broaden its reach across Latin America, demonstrating BingX’s commitment to providing accessible financial diversity for users within the region. By enabling deposits and withdrawals in BRL,…