BGX Invests $90 Mln For Digital Asset Innovation
BGX, a fully regulated crypto exchange, recently made a strategic investment in BC Technology Group, the parent company of OSL. BGX, a prominent provider of fully regulated cryptocurrency services in Hong Kong, recently disclosed its intention to invest in BC Technology Group , the sole publicly traded entity in Hong Kong that deals in digital assets. […]
Opyn Co-founder Steps Down Amid CFTC Regulatory Charges
Opyn, a DeFi option protocol, underwent a significant leadership transition following the resignation of CEO and co-founder Zubin Koticha. In response to regulatory action, Zubin Koticha, co-founder of Opyn, a decentralized finance (DeFi) option protocol company, has declared his intention to resign as chief executive officer (CEO). On November 14, Koticha announced his decision to […]
Cboe Set to Introduce Margined Bitcoin and Ethereum Futures
Futures products for Bitcoin and Ethereum are scheduled to debut on the Chicago Board of Options Exchange (Cboe) in January 2024. Cboe, also known as Chicago Board Options Exchange, has announced that it intends to offer margined Bitcoin and Ethereum futures contracts to its crypto clientele on January 11, 2024. This endeavor has garnered the […]
Coinbase Adds SOL and AVAX Perpetuals Futures Trading
Starting on November 14, Coinbase expands the futures market with perpetual contracts for SOL and AVAX, thereby expanding the options for trading cryptocurrencies. A significant participant in the crypto exchange market, Coinbase, has recently declared an enlargement of the futures trading options it provides. The platform will introduce perpetual futures contracts for Solana (SOL) and Avalanche […]
Bitget Abandons Pursuit of Hong Kong Crypto License
Bitget’s decision to resign from the Hong Kong crypto market and abandon their pursuit of a VATP license shakes the industry, urging users to withdraw their funds by Dec 13. Bitget has opted to discontinue its efforts to obtain a license in Hong Kong to operate a virtual asset trading platform (VATP). The crypto community is buzzing at Bitget’s […]