Cryptocurrency Exchanges – Page 37

Altcoins

Crypto.com inks another sports sponsorship deal with football club Paris Saint-Germain

Football giant Paris Saint-Germain (PSG) today announced a multi-year partnership agreement with Hong Kong-based cryptocurrency exchange Crypto.com that will see the exchange become the Parisian club’s official cryptocurrency platform partner. Fast facts PSG competes in Ligue 1, the top division of French football, and its star-studded team includes forwards Lionel Messi, Kylian Mbappé and Neymar. […]

Michelle LimSep 10, 2021

Regulatory News

South Korean exchanges facing closure may seek legal action to halt new regulations

At the risk of losing billions, crypto industry officials weigh options to oppose authorities.

Danny ParkSep 9, 2021

Regulation

South Korean crypto exchanges in ‘purgatory’ plea for survival

Smaller virtual asset exchanges ask for mercy as a deadline looms to commit to Korea’s new standards.

Danny ParkSep 8, 2021

Regulation

South Korea expected to allow more crypto exchanges to survive do-or-die regulations

Only 21 out of 60 exchanges are expected to continue their services in Korea.

Danny ParkSep 6, 2021

Regulation

NFL flags NFTs, crypto sponsorships for teams while it huddles on a digital game plan

The American football league’s 32 teams cannot sell NFTs or accept backing from crypto trading firms — at least for now.

Monika GhoshSep 6, 2021

Regulatory News

Exchanges in South Korea race toward last chance of survival

Crypto trading platforms rush to meet a Sept. 24 deadline, hoping to comply with new rules designed to protect investors.

Danny ParkSep 3, 2021

Regulation

SEC charges BitConnect founder with $2B ‘textbook Ponzi scheme’

The founder of the now-defunct crypto exchange BitConnect is being sued for a US$2 billion “textbook Ponzi scheme” by the U.S. Securities and Exchange Commission, according to a Reuters report. Fast facts The SEC alleges BitConnect’s founder Satish Kumbhani, an Indian citizen, lied about the exchange’s ability to earn 40% returns on investments of BitConnect’s […]

Lachlan KellerSep 2, 2021

Crypto Trading and Strategies

FTX FTT token hits all-time high after LedgerX acquisition

FTX’s exchange token — FTT — has reached a new all-time high following the exchange’s acquisition of crypto derivatives platform LedgerX earlier this week. Fast facts The token hit US$66.33 this morning, according to CoinMarketCap, breaking its previous high of US$61.28, which it set back on May 11, right before the market-wide crash. FTT had […]

Lachlan KellerSep 2, 2021

Regulation

FTX acquires LedgerX to expand into US crypto derivatives market

FTX US, the affiliate of Hong Kong-based crypto derivatives exchange FTX, on Tuesday announced that it was acquiring Ledger Holdings Inc., parent company of LedgerX, a digital currency futures and options exchange regulated by the Commodity Futures Trading Commission (CFTC). Fast facts LedgerX is a CFTC-regulated designated contract market (DCM), swap execution facility (SEF) and […]

Michelle LimAug 31, 2021

Crypto Trading and Strategies

Crypto exchange Zipmex raises $41M in Series B round for aggressive Asia expansion

Zipmex, a Singapore-based cryptocurrency exchange, has completed a US$41 million Series B funding round as it innovates toward a “full 360 digital banking offering,” the company said during a media briefing today. Fast facts Investors in Zipmex’s Series B funding round indicate increasing institutional buy-in to the digital assets industry. The investors include Krungsri Finnovate, […]

Michelle LimAug 31, 2021