Ahead of the implementation of the UK’s newly updated Financial Promotions Regime, Binance has unveiled a dedicated domain for its users in the UK. The crypto exchange has partnered with Rebuildingsociety.com Limited, a Financial Conduct Authority (FCA) regulated firm authorized to approve crypto marketing and communications materials. According to a statement published by the company, […]
Tag: STO
Bitrue registers as a VASP in Poland
Bitrue can now offer its services in and from Poland. The crypto exchange sees Europe as an important market. Poland had also licensed its peer Bitget earlier this year. Bitrue has successfully registered as a VASP – Virtual Asset Service Provider in Poland, the crypto exchange confirmed in a press release on Friday. Bitrue continues […]
Swissborg’s CHSB Token Sees Impressive 29% Spike
After starting the week above $28K only to fall back down, Bitcoin briefly surged above $28,000 again on Thursday before dropping to as low as $27,300 as traders took the opportunity to sell the rally. Now, as of writing, BTC/USD has been trading at $27,683. The ongoing rally is expected to be short-lived due to […]
Komainu Enters UK Crypto Custody Space with FCA Registration
The UK Financial Conduct Authority (FCA) has granted Komainu the approval to operate as a custodian wallet provider, granting it access to the UK’s crypto-custody market. This approval was obtained by the Nomura-backed crypto platform under the Money Laundering, Terrorist Financing, and Transfer of Funds Regulations 2017. With the FCA’s approval, Komainu can provide crypto-custody […]
Does Bitcoin Adoption Hinge on its Price?
Bitcoin, the world’s first and most well-known cryptocurrency, has received a lot of attention due to its price volatility. While its price has fluctuated dramatically, many people worry whether Bitcoin’s adoption and acceptance in mainstream banking and everyday transactions are purely dependent on its price performance. The Price Volatility of Bitcoin Bitcoin’s path has been […]
MultiBank Group’s Audited 2022 Financial Statement: A 48% Revenue Surge
MultiBank Group has announced a record-breaking third quarter in 2023. With a remarkable revenue of US$ 112,365,577 and an astonishing trading turnover of US$ 3 trillion during this period, MultiBank Group has achieved its most successful quarter in the company’s history. Record-Breaking Year: MultiBank’s Financial Performance in 2022 MultiBank Group has also disclosed its audited […]
Canadian regulator clarifies guidelines for stablecoins trading
Canadian securities regulator CSA has clarified terms and conditions for stablecoin trading on exchanges. Crypto platforms and issuers have to adhere to set conditions before they are allowed to offer stablecoin related services. Several crypto exchanges, including Binance, exited Canada earlier this year following CSA’s new stablecoin guidelines. The Canadian Securities Administrators (CSA) has provided […]
Chase Bank customers can now pay mortgages using crypto through FCF Pay
Chase Bank customers can make cryptocurrency payments for credit card bills, loans, and mortgages. Accepted cryptocurrencies include Bitcoin, Ethereum, Shiba Inu, XRP, Dogecoin, Binance Coin, Tether, and USD Coin. Despite this collaboration, Chase Bank maintains its stance of settling payments in fiat currency, not cryptocurrencies. In a significant development in the world of finance, Chase […]
Vertalo 2023 Milestones: Funding & Technological Advancement
Vertalo, a noteworthy player in the realm of digital asset technology, has made waves with its recent funding events and the release of its enhanced tokenization platform in 2023. Funding Rounds Vertalo has reported two funding events so far this year. In April 2023, Vertalo closed its Series A Extension Round, raising more than $4m […]
MEXC Ventures makes eight-figure investment in Toncoin and launches strategic partnership with TON Foundation
Zug, Switzerland, October 4th, 2023, Chainwire MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, has announced a significant investment in The Open Network, the largest layer-1 investment the firm has ever made. This investment works alongside a strategic partnership with The Open Network (TON) Foundation. This symbiotic partnership represents the shared vision of […]
