Coinbase Exchange Receives Restricted Dealer License in Canada
US-based cryptocurrency exchange Coinbase has obtained a restricted dealer license in Canada and now has two subsidiaries. According to a CNBC story from April 4, Coinbase has acquired a new license in Canada and is now registered as a restricted dealer with the Canadian Securities Administrators (CSA) in Ontario. According to CSA’s national registration statistics, […]
CoinDCX Partners with Mesh for Revolutionary Crypto Solutions
CoinDCX, a well-known cryptocurrency exchange in India, has teamed up with Mesh, a US business specializing in finance solutions. Through cooperation, asset transfers between centralized exchange accounts and decentralized finance (defi) wallets can now be completed more quickly on the CoinDCX platform. This functionality makes it easier to deposit digital assets and allows for simple, […]
Bithumb Exchange Reports 57% Annual Loss For 2023
South Korean cryptocurrency exchange Bithumb, reported a 57% decrease in Annual revenue days after announcing a delayed IPO. An April 2 article from Korean news outlet Newdaily stated that the Seoul-based exchange’s annual sales revenue decreased by 57.6% to 1.358 billion Korean won in 2023 from 3.201 billion won in 2022. Although net profit decreased […]
CoinSwitch Launches Lemonn For Traditional Stock Trading
Amid fierce competition from other exchanges such as Groww and Zerodha, CoinSwitch, an Indian exchange, Launches Lemonn. CoinSwitch, a prominent participant in the cryptocurrency exchange sector in India, has recently introduced Lemonn, an innovative stock trading application that expands its portfolio. Lemonn’s establishment represents a calculated reaction to the difficulties encountered by the cryptocurrency sector, […]
Crypto.com Exchange Expands Operation in South Korea
Crypto.com exchange will make its cryptocurrency trading application available to retail investors in South Korea starting April 29 despite heightened crypto regulatory measures. South Korean users will initially have access to over 150 cryptocurrencies and non-fungible tokens (NFTs) via the Crypto.com app. This market segment is crucial to the company’s expansion, according to an April […]