Monday, April 29, 2024
Home > Bitvavo

Dutch exchange Bitvavo cleared to operate in France

Netherlands-based cryptocurrency exchange Bitvavo is set to expand its services to French users after successfully registering as a digital asset service provider with France’s Autorité des Marchés Financiers (AMF).The expansion into France comes just weeks after Bitvavo secured regulatory approval to offer its services in Austria. The exchange expanded its

Read More

No concerns over Bitcoin halving supply shock, says Bitvavo CEO

Supply and demand dynamics could mitigate concerns of a potential Bitcoin market supply shock during the upcoming mining reward halving in 2024, according to Bitvavo CEO Mark Nuvelstijn.The co-founder of the Netherlands-based cryptocurrency exchange weighed in on Bitcoin-related market movements in conversation with Cointelegraph during the European Blockchain Convention held

Read More

Dutch exchange Bitvavo rejects DCG’s proposal to repay 70% of debt

Cryptocurrency exchange Bitvavo, a major creditor of the troubled crypto company Digital Currency Group (DCG), has dismissed DCG’s proposal of partial debt repayment.Bitvavo officially announced on Jan. 11 that the firm received a counter proposal from DCG offering to repay about 70% of the outstanding amount in a term acceptable

Read More

Bitvavo to prefund locked DCG assets worth $296.7M amid liquidity crisis

The Digital Currency Group and its affiliates (DCG), which manages $296.7 million (280 million euros) in deposits and digital assets of crypto exchange Bitvavo for off-chain staking services, suspended repayments citing liquidity problems amid the bear market. However, Bitvavo announced to prefund the locked assets, preventing DCG-induced service disruption for

Read More