Bankruptcy judge has permitted FTX to sell LedgerX, other assets
The assets that will be sold include the platform LedgerX, Embed and its regional arms, FTX Japan and FTX Europe. The judge presiding over the FTX bankruptcy proceedings has given the struggling cryptocurrency exchange permission to sell some of its assets to help it pay off its creditors. The sale of four important FTX units […]
Huobi, Solaris launch crypto-to-fiat debit card in the EU
Huobi has partnered with financial services company Solaris to launch a Visa-backed crypto-to-fiat debit card which will allow Huobi users in the European Economic Area (EEA) to make payments from their crypto accounts globally. A crypto-to-fiat debit card will be introduced thanks to a cooperation between cryptocurrency exchange Huobi and a European financial services firm […]
Wyre payments platform removes 90% withdrawal limit
Cryptocurrency payment platform Wyre has removed the 90% withdrawal limit it imposed on consumers about five days earlier. San Francisco-based fintech company Wrye claimed on January 13 that it has acquired funding from a “strategic partner” that enables it to go on with business as usual, including once again taking deposits. The statement continued, “As […]
Samsung considers launching spot-Bitcoin ETF
Following the recent successful launch of a Bitcoin Futures ETF, Samsung Investment arm is considering launching a spot-Bitcoin ETF in Hong Kong. Samsung Asset Management has said it is thinking about launching a spot Bitcoin exchange-traded fund (ETF) on the city’s market if laws allow it, after the success of its Bitcoin futures exchange-traded fund […]