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Coinbase sees lukewarm demand for debt buyback, raises offer

Crypto exchange Coinbase has raised the offer on its $150 million debt buyback program after lukewarm demand.In an Aug. 21 announcement, Coinbase revealed that since the buyback program went into effect earlier this month, investors have tendered just over $50 million of bonds compared to a target of $150 million.

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Abu Dhabi grants virtual asset firm M2 permission to offer crypto services

The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) has granted financial services permission (FSP) to virtual assets firm M2 to operate a multilateral trading facility from the United Arab Emirates capital.In an Aug. 16 announcement, the Abu Dhabi-headquartered M2 said the regulatory approval would allow

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Binance receives licenses to offer crypto services in El Salvador

Global cryptocurrency exchange Binance has reported being granted licensing to provide services to residents of El Salvador.In an Aug. 8 announcement, Binance said El Salvador’s Central Reserve Bank had approved the exchange’s application for a Bitcoin Services Provider license and the country’s National Commission of Digital Assets granted it a

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Tel Aviv Stock Exchange to offer crypto services via Fireblocks pact

Israel is set to introduce more regulated cryptocurrency opportunities, with the country’s only public stock exchange preparing to offer new crypto services.Tel Aviv Stock Exchange (TASE) has signed an agreement with the digital asset platform Fireblocks to jointly offer a range of new digital asset products and services.Announcing the news

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Binance to offer crypto broker-dealer services in Dubai with new license

Major cryptocurrency exchange Binance has reached another milestone in relationships with regulators in the United Arab Emirates by winning a new license in Dubai.Binance’s Dubai-based subsidiary, Binance FZE, has obtained an operational minimum viable product (MVP) license from Dubai’s Virtual Asset Regulatory Authority (VARA), the company announced on July 31.The new

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Ant Group reportedly plans IPO, blockchain firm discloses offer price on Nasdaq, and more

Ant Group, a company backed by billionaire Jack Ma, is reportedly planning to restructure and cut ties to some operations that are not core parts of its Chinese financial business. The move prepares the company for a potential initial public offering (IPO) in Hong Kong. Citing anonymous sources, mainstream media outlet

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