Coinbase Introduces Perpetual Futures for non-US Clients
Coinbase Exchange has launched perpetual futures trading for its non-US consumers on Coinbase Advanced, with 5X Leverage and Regulatory Approval from the Bermuda Monetary Authority (BMA). Effective immediately, Coinbase Advanced consumers in non-US jurisdictions can trade four perpetual contracts: bitcoin (BTC), ether (ETH), litecoin (LTC), and ripple (XRP). These contracts are settled in USDC, which […]
Token.io brings Open Banking to Scandinavia with Paysafe
Token.io, a provider of A2A payment infrastructure, has announced its expansion to Sweden, Norway, Finland, and Denmark, where it will offer its Account Information Services (AIS) and Payment Innovation Services (PIS) to customers. The expansion will also enable new opportunities for Payment Service Providers (PSPs), such as Paysafe, which has partnered with Token.io to deliver […]
US Lawmakers Seek to Halt Crypto Funding to Hamas
105 lawmakers from both parties, led by Senators Elizabeth Warren, Roger Marshall, and Representative Sean Casten, have urged the Biden administration to take immediate action against Hamas and the Palestinian Islamic Jihad’s use of cryptocurrency. Recent news articles have detailed how Hamas and the Palestinian Islamic Jihad increasingly rely on cryptocurrencies to fund their operations. […]
BC Technology Denies Plans to Sell Crypto Platform OSL
BC Technology Group Ltd., the owner of Hong Kong’s first licensed crypto platform, OSL, has refuted recent media reports claiming that the company is exploring the sale of its digital asset business. The firm said that the reports are “factually inaccurate and highly misleading.” In a filing to the Hong Kong Stock Exchange on October […]
Mumbai Police Seizes $3.92 M in Crypto Scam
Navi Mumbai police, on October 18th, uncovered a massive cryptocurrency scam worth $3.92 million while arresting 2 after a person fell prey to fraud involving fake promises of returns. According to reports, the Navi Mumbai police seized several bank accounts related to the crypto fraud, totaling approximately $3.92 million or Rs.32.6 crore. A Mumbai resident […]