Matrixport Seeks Virtual Asset Trading License in Hong Kong
Matrixport, a leading crypto company, has applied for a virtual asset trading license from the Hong Kong securities regulator as part of its efforts to comply with the new regulatory framework for digital assets. On February 26, the company applied for a virtual asset trading license to the Hong Kong Securities and Futures Commission (SFC). […]
Spain Cracks Down on 18 Unlicensed Crypto Companies
The Spanish securities regulator has issued a warning against 18 crypto companies that are operating without proper licensing while the country prepares to adopt the EU-wide crypto regulation and explore its own CBDC. The Spanish National Securities Market Commission (CNMV), the country’s securities regulator, has published a list of 18 companies allegedly providing investment services […]
Binance Backs Babylon to Unlock Bitcoin Staking on PoS Chains
The innovative Bitcoin staking technology Babylon has received a strategic investment from Binance Labs, the startup financing and innovation arm of Binance. By introducing a novel method of directly staking Bitcoin on Proof of Stake (PoS) blockchains, Babylon enables users to generate returns without depending on middlemen such as wrapping services, bridge technologies, or third-party […]
Uniswap Unveils 3 New Tools for Smarter Crypto Swaps
Three new solutions from Uniswap are available to cryptocurrency users to facilitate easier and more convenient on-chain trades. The Ethereum-based decentralized exchange Uniswap (UNI) unveiled its most recent expansion on February 27. It includes data, insight pages, and a limit order engine. This development is part of UNI’s ongoing efforts to create a uniform platform […]
OKX Expands to Turkey as Part of Global Expansion Plan
The cryptocurrency exchange OKX has introduced a tailored interface with trading pairs valued in Turkish Lira in Turkey. Turkey is important for cryptocurrency, according to OKX President Hong Fang , who noted the country’s high adoption and transaction volumes. Fang said in an interview: “Turkey is a very important and special market for us. It […]