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Injective Protocol Introduces First-Ever Decentralized Forex Futures Trading

Injective Protocol has introduced cutting-edge technology that would allow their traders to be able to trade forex futures on their decentralized platform.Earlier, when one thinks of forex trading, one thinks of transactions that occur usually only in traditional markets and central exchanges alone. This, however, is about to totally change

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Crypto Exchange Kraken Launches Forex Trading for Nine Currency Pairs

United States-based cryptocurrency exchange Kraken is embracing traditional forex trading, going live with nine new fiat currency pairs as of today, March 12.From 14.30 UTC, users worldwide — notably excluding United States residents — will be able to use the Kraken platform to directly trade between euros, U.S. dollars,

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Forex Reforms Will ‘Deal With Cryptocurrency,’ Says Chinese Government

China has hinted that its treatment of cryptocurrencies such as Bitcoin (BTC) may change again as it looks to reform its forex markets.As Reuters reported on Dec. 24 citing a senior government official, a new research initiative will accompany the expansion of Beijing’s blockchain cross-border financing pilot platform.China looks

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Chinese Forex Regulator SAFE Expands Blockchain Cross-Border Pilot

Chinese regulator State Administration of Foreign Exchange (SAFE) expanded its blockchain cross-border financing pilot program. Local news outlet GlobalTimes reported on Nov. 11 that the system now covers 19 provinces and cities, up from nine.The development is unsurprising given that at the end of October SAFE deputy head Lu

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Forex Regulator Warns Against Illegal Crypto Cross-Border Flows

China’s foreign exchange regulator has warned that emerging markets need to muscle in on cryptocurrency-enabled illegal cross-border capital flows.Sun Tianqi, the chief accountant of China’s State Administration of Foreign Exchange (SAFE), made the remarks at a forum today in Shanghai, according to an Oct. 28 report from Reuters.China has

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Brazilian Securities Regulator Bans Bitcoin, Forex Broker

The Brazilian Securities Commission (CVM) has banned a forex broker offering Bitcoin (BTC) options, CryptoX Brasil reported on Sept. 25.On Sept. 25, CVM published a public warning of irregular action concerning XM Global Limited through the Superintendent of Market and Intermediary (SMI) Relations. In its warning, the CVM states

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