5 Economic Reasons to Sell Your USDT in Dubai
The United Arab Emirates is a country that is well known for its luxury and extravagance. However, it is also a country that offers great opportunities for business owners. If you are looking for a place to sell your USDT holdings, Dubai is the place to be! In this blog post, we will discuss 5 […]
CZ Binance attacks Jesse Powell Over “Offshore Exchanges”
In light of increased regulatory scrutiny, CZ takes on Jesse Powell, a co-founder of the Kraken cryptocurrency exchange, for using the phrase “offShore.” exchange which he considers as self-centered and narrow-minded. According to CZ, Jesse Powell often uses the phrase “offshore.” He said that this phrase is extremely constrained and self-centered. This, however, also fails […]
Hong Kong SFC outlines proposed licensing system for crypto
The Securities and Futures Commission (SFC) of Hong Kong is seeking public input on its recently proposed licensing system for cryptocurrency exchanges, which is slated to go into effect in June 2023. Whether to permit regulated exchanges to retail service investors in the nation and what steps should be taken to offer a variety of […]
South Korea’s Kimchi premium switches back to discount
Having switched back to a discount, South Korea’s “Kimchi premium” makes it less expensive to purchase cryptocurrencies like Bitcoin on local exchanges in the country. The kimchi dish from Korea inspired the name of the phenomenon. When Bitcoin trades at a greater price on South Korean exchanges than it does on other markets, this is […]
Hong Kong to allow retail sector to trade larger crypto tokens
In a policy shift that contrasts with a crackdown in the US, Hong Kong revealed a plan to allow retail investors to trade digital currencies such as Bitcoin and Ether, taking a major step toward its ambition of becoming a crypto hub. Individual investors would be allowed to trade larger coins on exchanges licensed by […]