Crypto.com Introduces Financial Services, Rewards Program
Over the upcoming year, Crypto.com plans to expand its services to include stock trading, banking, and credit cards. This major expansion was announced today by Crypto.com as part of their new Level Up rewards program. The website, which is situated in Singapore, wants to serve as a one-stop shop for traditional and cryptocurrency finance. Benefits […]
Bybit Receives Georgian VASP License
After being approved in the Netherlands and Kazakhstan, Bybit has been granted another VASP license. As part of its ongoing efforts to comply with international regulations, cryptocurrency exchange Bybit has secured a Virtual Asset Service Provider license from Georgia’s National Bank. The exchange said in a press release on November 5 that its Georgian registration […]
Cyprus Securities Regulator Extends FTX Suspension to May 2025
Cyprus’ securities regulator has extended the suspension of FTX’s European subsidiary by an additional six months. On November 5, the Cyprus Securities and Exchange Commission (CySEC) issued a notice announcing that the suspension had been extended until May 30, 2025. This extension prohibits FTX EU from advertising, admitting new clients, or offering services. The firm […]
Binance Sets Partnership with Amazon Web Services
Binance disclosed a partnership with Amazon Web Services (AWS) on October 31. The partnership aims to optimize KYC verification process and manage service requests. The new KYC system, as stated in the announcement, automates the completion of user information, conducts proof-of-address checks, and enhances the efficiency of screening against World-Check evaluations. Binance claims that the […]
Just In: Cryptocom Exchange Acquires Watchdog Capital Broker
Cryptocom exchange has acquired a licensed broker dealer, Watchdog Capital, weeks after filing a lawsuit against the US SEC. Cryptocom exchange has expanded its presence in the United States by acquiring Watchdog Capital LLC, a cryptocurrency trading platform. This organization is authorized as a broker-dealer with the Securities and Exchange Commission (SEC) of the United […]