Global #crypto trading

The Canadian Securities Administrators (CSA) have once again extended the deadline for crypto trading platforms (CTPs) to comply with regulations concerning stablecoins, marking the second such extension.

Arthur Hayes, the co-founder of BitMEX, has made headlines again with a significant move in the cryptocurrency market. Recently, he deposited a substantial amount of $PENDLE tokens, specifically 350,010 tokens worth approximately $1.26 million, to major exchanges Binance and Bybit.

The cryptocurrency landscape in Asia is experiencing notable shifts as countries like Singapore, India, and Japan implement significant regulatory and policy changes.

Crypto exchange OKX has reached a significant milestone by obtaining a full license from Singapore’s Monetary Authority (MAS), solidifying its position in the digital asset market.

Recent speculation about the St. Petersburg and Moscow exchanges launching state-run cryptocurrency trading platforms has been firmly denied by the St. Petersburg Currency Exchange.

Robinhood Markets Inc., the popular trading platform, has delivered robust financial results for the second quarter of 2024, driven by a notable resurgence in meme stocks and a significant increase in crypto trading revenues.

Bybit, a prominent player in the cryptocurrency exchange realm, has introduced a groundbreaking feature poised to redefine how traders manage their collateral: USDe. This innovative stablecoin offers daily reward payouts, allowing users to earn up to an impressive 20% APR on their holdings.

The number of active cryptocurrency traders in Japan is expected to surge to 500,000 by the end of 2024, according to a recent industry report. This significant increase highlights the growing interest and adoption of cryptocurrencies in the country.

The Blockchain Industry Coordinating Committee of Nigeria (BICCoN) has expressed deep concerns over the Nigerian government's recent crackdown on cryptocurrency platforms.

Solidus Labs acts as a watchdog for the crypto industry, safeguarding exchanges and institutions with their advanced trade surveillance technology. Imagine a real-time security guard for your crypto transactions!

Bybit, a major cryptocurrency exchange, has reportedly initiated registration and identity verification procedures for Chinese citizens residing outside China. Users can now sign up and engage in crypto trading on the platform using their Chinese national identification. However, trading cryptocurrencies while based in China appears to remain prohibited.

Binance, a leading cryptocurrency exchange, has ceased allowing cash payments for peer-to-peer (P2P) cryptocurrency transactions in India. This means that users in the country can no longer purchase or sell supported cryptocurrencies using cash deposits or receipts.