In a bold move, Futu Securities International, the largest online broker in Hong Kong, has ventured into the world of retail cryptocurrency trading. This development aims to attract investors by offering them the opportunity to trade bitcoin and ether on the brokerage platform with Hong Kong or US Dollars. Futu has partnered with HashKey Exchange,
Environment
Joey Garcia, the Director and Head of Regulatory Affairs and Public Relations at Xapo Bank, has been a key player in the evolution of cryptocurrency regulation. His journey started in 2014 when he collaborated with Wences Casares to establish a regulatory framework for cryptocurrencies in Gibraltar. Despite facing initial skepticism and resistance, Garcia’s persistence led
Bybit, a popular crypto exchange, recently announced its decision to cease operations in France due to regulatory issues. The exchange cited new developments from the French regulator, which have presented licensing obstacles. This move highlights the challenges faced by cryptocurrency exchanges in navigating complex regulatory environments. In response to the regulatory changes, Bybit expressed its
The recent Bitcoin2024 conference led by Bitwise CIO Matt Hougan has sparked a significant shift in market sentiment towards Bitcoin. Hougan believes that investors are currently “not bullish enough” about the potential upside of the flagship cryptocurrency. This change in outlook comes in light of various announcements made at the conference, showcasing support for Bitcoin
The US Securities and Exchange Commission (SEC) has recently announced its plans to amend its original complaint against Binance. This move could potentially eliminate the necessity for the court to make a decision on tokens that were previously deemed as securities. The joint filing, which occurred on July 30th, comes at a time when there
In a recent speech at the Bitcoin2024 conference in Nashville, former President Donald Trump expressed his support for digital assets and outlined his vision for the US to become a global leader in the crypto space. Trump promised that the US government would not sell the 210,000 Bitcoin it currently holds and would work towards
Bitcoin has been on a rollercoaster ride recently, approaching its all-time high only to be rejected at the last minute. The surge in the flagship cryptocurrency’s price has been supported by several factors, including the growth in market capitalizations of stablecoins such as USDT and USDC. This increase in stablecoin market caps has significantly influenced
SBINFT has recently relaunched its NFT marketplace, SBINFT Market, with a complete makeover for its users, including enhanced features and improved UI/UX. The platform now hosts various NFT collections tailored for Web3 communities, aiming to enhance the experience for partners and collectors alike. One of the key objectives of the upgraded SBINFT Market is to
Donald Trump, the US Republican Presidential candidate, recently attended the Bitcoin 2024 conference in Nashville on July 27. During his appearance, Trump made bold promises to the crypto voters in attendance regarding the US government’s Bitcoin holdings. He stated that if elected, his administration would enforce a policy mandating the US government to retain “100%”
A recent letter from a group of Democrat politicians has urged the Democratic National Committee (DNC) to reconsider its stance on cryptocurrency and blockchain technology. The letter emphasizes the importance of taking a “forward-looking approach” to these digital assets, highlighting their potential for American innovation, economic growth, and financial inclusion. The Democrats express concern over