Webull to Expand Access to Crypto Futures
Through a collaboration with Coinbase Derivatives, licensed trading platform Webull has increased the scope of its cryptocurrency futures product line. On November 20, the digital investment platform and retail brokerage announced the development, stating that the integration gives U.S. retail traders access to future trading options for cryptocurrency. This comes after Webull started trading commodities […]
CEX.IO Improves Platform with Tighter Order Book
CEX.IO’s liquidity aggregation engine has been updated to provide access to more external liquidity sources. According to a press statement, the improvement reduces price fluctuations, tightens the order book, and offers almost zero spreads on most trading pairs. This results in more steady trading conditions and reduced transaction costs for traders. In this sense, liquidity […]
Regulatory and Legal Implications for Metaverse-based Enterprises
Metaverse-based enterprises are no longer a new concept as more and more businesses enter the Metaverse. Join us as we walk you through the regulatory and legal implications for Metaverse-based enterprises. In recent years, the concept of the Metaverse-based enterprises has gained traction. When the buzz around “metaverse” experiences started, many entrepreneurs focused on the […]
Sky Launches USDS Stablecoin on Solana
Sky, formerly known as Maker, introduced USDS stablecoin on Solana, as the network’s “first major Defi-native stablecoin.” A Nov. 19 announcement states that USDS is the first step in Sky’s plan to “increase Solana’s DeFi liquidity and TVL” and is anticipated to improve lending, borrowing, and trading on the network’s top DeFi platforms. The decentralized […]
FINMA Warns of Money Laundering Risks with Crypto
The Financial Market Supervisory Authority of Switzerland has warned about the dangers of cryptocurrency-related money laundering. According to the regulator’s 2024 Risk Monitor report, stablecoins and other cryptocurrencies are being used more frequently for cyberattacks, payments for illicit dark web activity, and avoiding sanctions associated with geopolitical events. Anti-money laundering measures have been made more […]