In a groundbreaking move, Binance, one of the world’s largest cryptocurrency exchanges, has revealed its latest development – a “banking triparty” arrangement that allows institutional investors to secure their trading collateral. This game-changing solution not only addresses the concerns of counterparty risk but also optimizes capital efficiency for these investors. The platform has been working
Exchanges
In recent months, two of the biggest names in the cryptocurrency industry, Binance and Coinbase, have found themselves embroiled in legal battles with the U.S. Securities and Exchange Commission (SEC). The central issue in both lawsuits is whether the crypto assets offered by these exchanges should be classified as securities and fall under SEC regulation.
Cryptocurrency exchange giant Coinbase has recently announced its plans to diversify its execution clients in response to concerns over the dominance of the go-Ethereum (Geth) platform. This move comes as Coinbase acknowledges the growth of the industry and seeks to address the potential security risks posed by relying heavily on a single execution client. Seeking
Crypto exchange Gemini has recently announced its registration as a Digital Asset Service Provider (DASP) in France, paving the way for its entry into the French market. The Autorité des Marchés Financiers (AMF), the French financial markets regulator, has granted Gemini this regulatory milestone, allowing the exchange to cater to both retail and institutional customers
Coinbase Prime, the prominent cryptocurrency platform catering to institutional investors, trusts, and high-net-worth individuals, has recently experienced a significant surge in trading activity. This surge can be attributed to the launch of U.S. spot Bitcoin exchange-traded funds (ETFs). With this unprecedented increase in trading volume, Coinbase Prime has emerged as a formidable player in the
Gemini, a prominent cryptocurrency exchange, has stated that the approval of a spot Bitcoin exchange-traded fund (ETF) in the United States could be a game-changer for the crypto futures market. According to Gemini, the arrival of these ETFs would bring a wealth of benefits, including increased liquidity and a more diverse market participation. These factors
Recently, popular cryptocurrency exchange Binance confirmed that its application, along with several other foreign-based exchange applications, has been removed from Apple’s App Store in India. Binance South Asia acknowledged the situation, stating that it is not unique to Binance and that the company remains committed to complying with local regulations and maintaining a dialogue with
The cryptocurrency market has been a hot topic of discussion in recent years, with Bitcoin leading the way as the most popular digital asset. As interest in cryptocurrencies continues to grow, investors are increasingly looking for cost-effective ways to buy and hold Bitcoin. The emergence of Bitcoin exchange-traded funds (ETFs) has raised questions about the
Bit24.cash, a prominent Iranian cryptocurrency exchange, has recently refuted claims of exposing its users’ personal information due to a misconfigured storage system. These allegations were brought to light by Cybernews researchers, who reported that a security flaw on the platform had unintentionally exposed users’ Know Your Customer (KYC) data. This data, which included identification documents,
Coinbase UK has recently introduced a new requirement for its users to complete a risk-acknowledgment form in order to comply with the Financial Conduct Authority’s (FCA) new financial promotions regulations. These regulations are set to take effect by January 8th. The move by Coinbase UK aligns with the regulatory efforts in the UK to protect