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"Abu Dhabi is more institutional and more focused around asset management, and that's exactly what Copper is; we only have institutional clients," Tokarev said in an interview. "While there isn't a huge retail market here, you will find all the big institutions, hedge funds and sovereign wealth funds." Source
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According to a Nov. 2 post on X, SEBA Bank has announced a new partnership with St. Galler Kantonalbank (SGKB) to offer users the chance to buy and trade cryptocurrencies like Bitcoin and Ether. SGKB is the fifth largest bank, with 35 branches in the eastern part of Switzerland. A major milestone As
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The crypto trading platform plans to add options for SOL, XRP, and MATIC starting January 2024. Crypto derivatives exchange Deribit is seeking to apply for a brokerage license in the European Union roughly a year after the platform suffered a $28 million hack. In an interview with Bloomberg, Deribit CCO, Luuk Strijers,
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The company had received an in-principle approval from the Monetary Authority of Singapore last year. Source
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"Today, Rain is launching in the UAE, as the first licensed retail exchange," Joseph Dallago, CEO and co-founder of the Bahrain-based company, tweeted on Tuesday. "This is a 5 year effort, as we were one of the first exchanges to enquire about licensure back in 2018, when the ADGM released
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TradeBlock will officially begin the process of shutting down on May 31. Digital Currency Group (DCG), a New York-based venture capital firm that invests and provides services to crypto companies is winding down its TradeBlock subsidiary. According to a May 25 report from Bloomberg, the company, headed by Breanne Madigan, who
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Genesis had previously halted customer withdrawals following FTX's epic collapse. Original Source
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“The crypto ecosystem is facing significant headwinds as its course corrects from the challenges of the last year,” said a Blockchain.com representative via email. “To better balance product offerings with demand, we’ve made the difficult decision to reduce operating costs and headcount to rightsize the company." Source
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Bitcoin was recently hovering near $17,000, recovering from an earlier slide on news that the U.S. economy added an unexpected robust 263,000 jobs in November. However, equities were mixed following the strong jobs report. The S&P 500 and Nasdaq Composite closed down 0.12% and 0.18%, respectively, while the Dow Jones
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Cryptocurrency exchange CrossTower Inc has agreed to buy digital asset trading platform BEQUANT, which comes after months of window shopping by CrossTower for crypto companies, including a recently revised offer for Voyager Digital's assets.The Nov. 28 acquisition agreement will provide CrossTower with over 600 new professional exchange clients in addition
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