Report: Robinhood gets 60% off $170M exchange purchase.
Due to unfavorable market circumstances, Robinhood, the US-based stock and cryptocurrency trading platform allegedly obtained a 60% discount on the first offer offered to Ziglu. Because of unfavorable market conditions, stock and cryptocurrency investing platform Robinhood allegedly received a 58% discount on its $170 million bid to purchase crypto exchange Ziglu. Robinhood made its original […]
Kenya’s Crypto Crowd Expects Better Experience With President-Elect
Kenya’s Crypto Crowd hopes that William Ruto will be more crypto-friendly because he is the younger candidate, and his campaign is geared toward young people. Local crypto experts “assume” that William Ruto, who will be the next president of Kenya, is a better hope for Kenya’s Crypto Crowd than Raila Odinga, who lost the election. […]
BTG Pactual starts offering crypto brokerage services
The largest investment bank in Latin America, BTG Pactual, has started offering cryptocurrency brokerage services to its clients. Brazilian and Latin American banks have been hurrying to establish themselves in the cryptocurrency market. The demand for crypto assets in this region has dramatically increased amid shaky economic conditions. The BTG Pactual announcement was made the […]
Crypto Banks Set To Receive Master Accounts From Fed
Wyoming’s crypto banks are expected to face the greatest scrutiny under the U.S. Federal Reserve Board’s established tiered rules for awarding Federal Reserve accounts. The U.S. Federal Reserve Board said on Monday that it has reached a consensus on the criteria reserve crypto banks must take into consideration when evaluating requests for Federal Reserve accounts […]
Trading in BTC and ETH begins at giant Brazilian brokerage firm
Following MercadoLibre and Nubank, XP Inc. is the most recent member of the Brazilian fintech industry to provide services for trading cryptocurrencies. A potential 3.6 million customers will now have access to the cryptocurrency markets thanks to Brazilian brokerage firm XP Inc.’s formal launch of its crypto trading platform “XTAGE” there. The Nasdaq Exchange Twitter […]