Cryptocurrency Analysis and News Portal
Cryptocurrency exchange OKCoin has selected merchant service provider Worldpay to aid in its expansion efforts, which includes bringing crypto-to-crypto payments to a global audience. OKCoin will leverage Worldpay’s foreign exchange services, allowing customers to purchase cryptocurrency with credit and debit cards. Jason Lau, OKCoin’s COO, said his firm selected Worldpay for
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The Securities and Exchange Commission, or SEC, may soon issue new rules for the regulation and registration of security-based swaps, including cryptocurrency.In a speech to the American Bar Association Derivative and Futures Law Committee SEC Chairman Gary Gensler laid out the changes coming to security-based swaps over the next year.
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A multi-asset class trading firm in Bermuda has secured major regulatory approval allowing it to offer cryptocurrency trading services.Over-the-counter trading platform 24 Exchange has acquired a “Class T” digital asset business licence from the Bermuda Monetary Authority (BMA) to roll out cryptocurrency trading on its institutional-grade platform. The firm officially
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Most crypto enthusiasts are less than pleased with the United States Securities and Exchange Commission’s past approach to crypto. This is not because legitimate businesses oppose regulation but because of the breadth, complexity and uncertainty associated with the current regulatory regime. Even in the context of general discontent, few actions
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Cryptocurrency exchange Bitstamp has hired Robert Zagotta, chief commercial officer of Kraken, to be the first CEO of its business in the United States. In an announcement today, Bitstamp said Zagotta would be coming on board to “oversee day-to-day operations” and accelerate the exchange’s growth in the country. He was with
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United Kingdom-based crypto fund Nickel Digital Asset Management released a survey of 100 wealth managers and global institutional investors to find out the biggest investor concerns associated with crypto. The survey features respondents from the United States, France, Germany, the United Arab Emirates and the United Kingdom, who collectively own $275
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Bitcoin’s (BTC) painful plunge below $30,000 on Tuesday turned into a so-called “buy the dip” opportunity for Alameda Research, a Hong Kong-based quantitative trading firm and liquidity solutions firm headed by FTX CEO and founder Sam Bankman-Fried.Quantitative trader Sam Trabucco revealed late Tuesday that the company purchased Bitcoin during its
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SPACs have been an increasingly popular option for companies looking to go public, especially during the global slowdown caused by the coronavirus pandemic. But what are SPACs and why is everyone talking about them?A special purpose acquisition company (SPAC) is a newly created shell company formed by a group of
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