FTX EU Launches New Website for Withdrawals as Subsidiary Starts Returning Funds to Customers

FTX EU Launches New Website for Withdrawals as Subsidiary Starts Returning Funds to CustomersFTX’s European subsidiary, FTX Europe, has launched a new website, ftxeurope.eu, for users to withdraw funds from the now-defunct cryptocurrency platform. Withdrawal requests must be submitted through the new website and will be “subject to customary know-your-customer and anti-money-laundering checks.” FTX’s European Arm Opens Withdrawals to Customers According to a press release published on Friday, […]

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Competition and Hype Drive Young Crypto Investors, UK Watchdog Finds

Competition and Hype Drive Young Crypto Investors, UK Watchdog FindsA sizable majority of young investors seeking high-risk opportunities are motivated by competition and hype, a new survey has indicated. They often turn to cryptocurrency and forex products, according to the poll conducted by the U.K.’s financial regulator. FCA Launches ‘Investsmart’ Campaign Targeting Risk Prone Investors The U.K.’s Financial Conduct Authority (FCA) has carried out […]

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Bank of America, Coinbase, FTX Invest in Paxos Series D Funding Round

PaxosPaxos, a blockchain services and tokenization firm has added Coinbase Ventures, FTX, Bank of America, and Founders Fund as backers in its Series D funding round that started last April. These institutions were listed as “strategic investors,” but the amounts of their contributions were not disclosed. Paxos has now raised more than $540 million in […]

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Swiss SEBA Bank Dives Into Defi Expanding Its Offering With 3 Tokens

Swiss SEBA Bank Dives Into Defi Expanding Its Offering With 3 TokensSwitzerland-based crypto bank SEBA is adding support for three defi tokens, bringing the number of cryptocurrencies available on its platform to a total of nine. SEBA clients are able to buy, store and trade with fiat any of these cryptos. SEBA Bank Supports the Coins of 3 Defi Protocols With the new tokens, SEBA Bank […]

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Bitfinex CTO: Tether Is Registered and Regulated Under FinCEN- USDT Not Next Target of the US SEC

Bitfinex CTO: Tether Is Registered and Regulated Under FinCEN-USDT Not Next Target of the US SECThe CTO at Bitfinex Paolo Ardoino has pushed back against rumours that the company’s Tether stablecoin may be the next target of the U.S. Securities and Exchange Commission (SEC). The Bitfinex executive insists that the Tether stablecoin, whose market capitalization has now surpassed $20 billion, is a properly registered and regulated crypto. The Alleged Misinformation […]

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Institutional and Retail Bitcoin Futures Demand Continues to Climb

Institutional and Retail Bitcoin Futures Demand Continues to Climb2019 saw significant bitcoin derivatives action from firms like CME Group and Bakkt. This year, demand for CME’s bitcoin futures remains strong and the firm’s options products may be available this week. Additionally, Bakkt’s physically-delivered bitcoin futures have consistently seen growth in daily volumes and open interest in 2020. Despite the growth, institutional futures have […]

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Bakkt Launches Bitcoin Options in US, Futures in Asia

Bakkt Launches Bitcoin Options in US, Futures in AsiaBakkt has launched two new regulated bitcoin derivatives products. Within hours of launch, Bakkt announced that over 1,000 futures contracts had been traded in Asia. The platform now offers four types of regulated bitcoin derivatives products: monthly and daily physically delivered bitcoin futures, cash settled bitcoin futures, and options on monthly bitcoin futures. Also read: […]

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Major German Stock Exchange Group Launches Crypto Trading

Major German Stock Exchange Group Launches Crypto TradingBoerse Stuttgart Group, which operates Germany’s second-largest stock exchange, has launched a regulated crypto trading platform, in partnership with Solarisbank. Customers can connect directly to the new exchange and trade bitcoin against the euro without a broker. Also read: Indian Parliament Member Helping Crypto Community Influence Regulation German Regulated Crypto Trading Platform The group which […]

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Yahoo Japan-Backed Exchange Launches Crypto-Yen Markets and Margin Trading

Yahoo Japan-Backed Exchange Launches Crypto-to-Yen Markets and Margin TradingBack in April 2018, it was revealed that Yahoo Japan was planning to launch a cryptocurrency exchange licensed by Japan’s Financial Services Agency (FSA). Now, a year later, Yahoo Japan’s trading platform Taotao is open offering BTC and ETH trading while also providing users with margin trading available in litecoin (LTC), ripple (XRP) and bitcoin […]

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Big Players Transforming Crypto Exchanges in Japan

Big Players Are Transforming Crypto Exchanges in JapanGovernment-approved cryptocurrency trading platforms in Japan are undergoing changes with big players entering the market. News.Bitcoin.com talked to Japan’s top financial regulator to learn about the regulatory implications of the changing business models and internal systems of regulated exchanges. Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request Changing Crypto Exchange Landscape Crypto […]

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