Bitget mandates KYC requirements in line with tightening global regulations
The exchange operator is instituting new KYC requirements for users from September 2023 to comply with developing global regulatory guidelines. Go to Source
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Coinbase futures approval seen as a major win amid the SEC war on crypto
The recent approval allows Coinbase to join the ranks of major derivative exchanges in the United States, CME, and CBOE. Go to Source
Bitget surpasses 20M users as wallet integration spurs trading volumes
The platform is now among the four largest cryptocurrency exchanges by trading volume after integrating with recently acquired wallet service Bitkeep. Go to Source Powered by WPeMatico
Bitcoin miners hedging with recent sell-offs: Bitfinex report
All-time high hash rates and mining difficulty indicate that miners are bullish on Bitcoin, while recent sell-offs could be a means to hedge positions. Go to Source Powered by WPeMatico
First Bitcoin futures contract debuts in Argentina
According to Matba Rofex, the trading platform behind the investment vehicle, the first Bitcoin futures contract in Latin America has begun trading. Go to Source Powered by WPeMatico
UK Treasury plans to exclude derivatives and ‘unbacked’ tokens from regulatory sandbox
“Until there is more certainty in these frameworks, we are intending to utilise existing regulatory initiatives to develop policy and regulation for this asset class,” said Treasury. Go to Source Powered by WPeMatico
OPNX launches ‘oUSD’ credit currency for crypto margin trading
The new “credit currency” will allow users to rely on cryptocurrencies as collateral without needing to obtain loans from other institutions. Go to Source Powered by WPeMatico
CFTC commissioner says proposal to reassess risk management could consider crypto
Christy Goldsmith Romero pointed to the collapse of FTX, Terra and Celsius in having the CFTC reconsider the way it handled risk management. Go to Source Powered by WPeMatico
US CFTC issues letter on digital asset derivatives, clearing compliance in 3 areas
The letter is a reminder, but a highly specific one that is reminiscent of the SEC’s recent custody rule proposal in part. Go to Source Powered by WPeMatico
Synthetix (SNX) trading volume overtakes GMX, but is the DEX token rally sustainable?
Volumes at Synthetix surpassed it’s nearest DEX competitor, but contracting user activity across decentralized exchanges could be a red flag. Go to Source Powered by WPeMatico