Tag: Exchange

Crypto Exchange Giant Bybit Pulls Services From France Amid Regulatory Issues

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The crypto exchange giant Bybit pulled trading services from France this week due to regulatory issues. Bybit announced on Thursday that all accounts associated with French nationals and residents would shift to “close-only mode” the following day, blocking users from adding to or opening new positions. The exchange encouraged users to move their assets and funds to different accounts and noted that all remaining open positions would be liquidated on August 13th. From that point onward, French users will only be able to make withdrawals. The Autorité des Marchés Financiers,…

FBI Issues Warning About Crypto Exchange Scams

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The Federal Bureau of Investigation (FBI) has warned cryptocurrency users about scammers impersonating crypto exchange employees to steal funds through unsolicited messages or calls. These fraudsters create urgency, claiming issues with accounts to trick victims into providing login details, clicking links, or sharing identification information. FBI Alerts Public to Cryptocurrency Exchange Scams The Federal Bureau […] Source

Singapore-Based Crypto Exchange BingX Launches New Crypto Project Incubator, BingX Labs

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A Singapore-based crypto exchange is launching a new platform to support up-and-coming digital asset projects. In a new press release, BingX says it’s launching BingX Labs, a new crypto project incubator that aims to help up-and-coming crypto projects with high potential efficiently distribute their tokens. According to the press release, BingX is interested in projects deemed to “exhibit strong marketing, user acquisition potential, and innovative technical solutions,” though no specific digital assets were mentioned. The firm says it will offer market-making, technical support, and strategic consulting services to clients. “The…

StoneX Makes Waves with Montreal Exchange and ASX Membership

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Andrew Lane | Acuity Andrew Lane | Acuity Andrew Lane | Acuity Andrew Lane | Acuity Andrew Lane | Acuity Andrew Lane | Acuity During iFX EXPO International 2024, we had the pleasure to interview Andrew Loveridge from Acuity Trading. He discusses the evolving financial trading industry and the impact of AI, regulation, and technological advancements. He highlights the importance of natural language processing (NLP) and sentiment analysis in trading, detailing how these technologies are used to extract valuable data from text for trading purposes. Andrew also introduces their latest…

Ethereum Seeing High Exchange Outflows, But Watch Out For This Bearish Signal

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On-chain data shows Ethereum has been observing high exchange outflows recently, but a development related to Tether (USDT) may be a bearish obstacle for the market. Ethereum And Tether Both Have Seen Withdrawals From Exchanges Recently As explained by the on-chain analytics firm Santiment in a new post on X, the market is ending July on a mixed note in terms of the exchange flows. The metric of interest here is the “Exchange Flow Balance,” which measures the net amount of a given asset that’s entering into or exiting the…

Bitcoin ETP lists on London Stock Exchange

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Fidelity International has listed its physical Bitcoin exchange-traded product on the London Stock Exchange, providing professional investors with access to the world’s largest digital asset by market cap. Trading under the ticker FBTC, the ETP is fully backed by Bitcoin (BTC), and tracks its price its price. The launch on the LSE follows approval by the United Kingdom’s Financial Conduct Authority in late May. This approval allows issuers to list crypto-backed exchange-traded notes for professional investors. Other firms like 21Shares, WisdomTree, and Global X have also announced similar products in…

Japanese crypto exchange Bitbank eyes IPO on Tokyo Stock Exchange

Crypto exchange Bitbank is gearing up for an initial public offering on the Tokyo Stock Exchange, becoming the second Japanese crypto exchange to seek regulatory approval to go public. Bitbank Inc., a Japanese crypto trading platform, is seeking to go public as part of its strategy to expand its market presence and capitalize on the growing interest in digital assets in Japan. According to a regulatory filing published today, July 31, the trading firm wants to go public on the Tokyo Stock Exchange, although the timing and specifics of the…

Global Crypto Exchange Coinbase (COIN) Concerned About ‘Ongoing Regulation by Enforcement’ in Australia

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“We’ve been quite vocal with our concerns about ASIC potentially just continuing to make enforcements”, during the “four or five roundtables” in recent weeks, O’Loghlen said, even though he complimented a new ASIC team for “very much reaching out to all industry players” … “proactively” having “a coffee conversation with 50 or so groups.” Source