Search results: stock exchange

Indonesia plans to set up a crypto stock exchange in 2023, ahead of moving regulatory powers to securities authorities from a commodities jurisdiction.

Hong Kong launched two exchange-traded funds (ETFs) tracking cryptocurrency futures on Friday, the first of their kind in Asia, the local exchange said.

Indonesia will launch a crypto stock market by the end of this year, said the country’s deputy trade minister Jerry Sambuaga, according to a media report. See related article: Indonesia’s biggest tech firm buys local crypto exchange Fast facts The Southeast Asian nation had earlier announced a 2021 launch but revised it to the first […]

After Voyager Digital filed for Chapter 11 bankruptcy on Tuesday, the Toronto Stock Exchange suspended trading in Voyager shares on Wednesday, announcing an expedited delisting review.  See related article: Voyager crypto firm loaned US$377 mln to Sam Bankman-Fried’s Alameda Research Fast facts According to Voyager’s bankruptcy filing, the firm has over 100,000 creditors and US$1.1 […]

Europe’s first metaverse-themed exchange-traded fund (ETF), the ETC Group Global Metaverse UCITS ETF (METR), listed on the London Stock Exchange Thursday, available for sale across Europe. See related article: Hong Kong gears up for its first metaverse ETF Fast facts The ETF will track the Solactive ETC Group Global Metaverse Index, which currently offers exposure […]

QR Capital’s Bitcoin exchange-traded fund — the first Bitcoin ETF in Latin America — has been listed on Brazil’s stock exchange.

Gary Gensler, chairman of the U.S. Securities and Exchange Commission, has said he wants to see regulation to protect consumers built into the operations of cryptocurrency exchanges.

SIX Digital Exchange’s blockchain-based digital assets platform and distributed central securities depository are designed to democratize investment. The digital exchange platform is a subsidiary of leading Swiss stock exchange SIX.

Forkast.News Editor-in-Chief Angie Lau sits down with Peter Lin, CEO of AAX at the Mobile World Congress in Shanghai for this episode of “In Conversation With” Lin is about to launch a new digital asset exchange using London Stock Exchange trade-matching technology to provide an institutional grade platform to attract investments from hedge funds and […]

Bitcoin gained 1.71% and Ether climbed 2.35%. Polygon gained the most in 24 hours followed by Tron.

The delisting poses a great obstacle to the game maker’s growing blockchain empire, while Wemade’s CEO blames the crypto exchange

Thailand’s Bitkub aims for a 2025 IPO on SET to expand and compete in the global crypto market.

The lender, known as K-bank, said it will also open three additional crypto subsidiaries.

OSL’s parent firm said investors should exercise caution due to the “unusual movement” in the company’s stock price.

Bringing together the best parts of centralized and decentralized exchanges, RDEXs also take into account the inevitability of regulations.

Asia is stepping up the regulatory ground for the digital asset and take a look at El Salvador’s Bitcoin future.

Bitcoin edged up on Monday morning in Asia to trade above US$26,000, after sliding over 10% for the week. Ether also moved higher but remained below US$1,700.

Bitcoin dipped slightly, having hovered around the $29,380 level throughout the weekend. Ether and most other top 10 crypto were little changed.

Bitcoin rose to trade at over US$30,300 on Monday morning in Asia, but the price fell over the weekend to around the pre-Ripple ruling level.

Bitcoin prices drop 1.04% to US$30,416 in 24 hours, while Ether fell 0.98% to US$1,893.

Top blockchain and crypto news: Wall Street backs new crypto exchange. NFT traders remain cautious. Alibaba’s incoming chairman is a crypto fan.

EDX Markets, a cryptocurrency exchange with backing from major Wall Street players such as Citadel Securities, Fidelity and Charles Schwab, officially launched on Tuesday.

Bitcoin fell 0.58% while Ether dropped 0.36%. Solana was the biggest loser of the day, dropping 1.67%.

Bitcoin rose 2.07% to US$27,409 in 24 hours while Ether gained 1.27% to US$1,829. Litecoin was the biggest gainer of the day, rising 7.65%.

Bitcoin dropped 1.25% and Ether fell 0.25% in Tuesday afternoon trade in Asia. All other top 10 non-stablecoin cryptocurrencies also dropped.

Bitcoin gained 2.18% in 24 hours while Ether rose 1.67%.

Bitcoin dropped 2.09% in Tuesday afternoon trade in Asia while Ether lost 0.81%. BNB fell 2.93% and Polkadot declined 2.66%.

Dubai-based Fasset says Indonesia digital asset adoption is still in early stages, but the country’s young population is taking to crypto faster, encouraging exchanges to move in despite infrastructure constraints.

South Korean blockchain game developer Wemade’s WEMIX token surged after it was relisted on local crypto exchange Coinone on Thursday.

A South Korean court approved the prosecutor’s request to issue an arrest warrant for Kang Jong-hyun for alleged embezzlement.

Prosecutors raided the Bithumb crypto exchange on Thursday on allegations of price manipulation and fraudulent transactions in local tokens,

Indian cryptocurrency exchanges faced a flurry of taxes on trading last year that saw volumes across most platforms drop as much as 90%, slashing income from trading fees. What’s a crypto exchange to do? Maybe sell mutual funds?

A Seoul court has dismissed the injunction filed by Wemade Co. Ltd. to stop four local digital asset exchanges from delisting WEMIX cryptocurrency

The blockchain game maker fights delisting of its symbolic WEMIX crypto token.

Bitkub, one of the largest crypto exchanges in Thailand, is aiming to list in Hong Kong as early as 2024 when it goes public.

The Genesis brokerage arm of the Digital Currency Group is one of the latest cryptocurrency platforms to lock down withdrawals following the bankruptcy of crypto exchange FTX, and the freeze is spreading.

Top blockchain and crypto news: FTX concedes defeat in long battle with Binance. Crypto eyes Congress races. Hong Kong U-turns on digital assets.

Singapore blockchain-based carbon credits exchange Metaverse Green Exchange (MVGX) will partner crypto data provider Chainlink to explore tokenized carbon trading.

Nasdaq’s Head of Asia Pacific and Japan, Ulf Carlsson, tells us how stock exchanges could learn from crypto exchange operations.

The Nasdaq-listed company expects to deplete its cash resources by the end of this year.

Bitcoin rose in Monday evening trading in Asia in a mixed day across the top 10 cryptocurrencies by market capitalization, excluding stablecoins. Ether gained more than 2% and Polygon had a strong run up of more than 6%. XRP fell. Different picture for Hong Kong stocks, where the Hang Seng Index plunged to lows last […]

EDX Markets Crypto Exchange, backed by Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital and Virtu Financial, seeks to settle trades on the blockchain for greater speed and efficiency at lower cost, eliminating the need for bilateral settlements, according to a press release on Tuesday. See related article: FTX agrees to help South […]

In facing a government hostile to cryptocurrency trading, Indian exchanges are trying to attract new business with suites of different investment products.

Indonesia’s biggest tech firm GoTo Gojek Tokopedia (GOTO) has forayed into the cryptocurrency market with the purchase of local crypto exchange Kripto Maksima Koin for US$8.38 million. See related article: Indonesia’s wholesale CBDC to be ready for bank use by year end: report Fast facts GoTo has acquired 100% of Kripto Maksima Koin shares for […]

Thailand’s oldest lender SCBX Pcl has announced it is withdrawing from an earlier decision to purchase a 51% stake in the crypto exchange Bitkub for US$500 million, citing regulatory issues. See related article: Thailand’s central bank to get more power in crypto regulation overhaul: report Fast facts In a statement addressed to the Stock Exchange […]

Nasdaq-listed Eqonex’s decision to shutter its low-fee crypto exchange business to focus on asset management and custodial services may prompt similar moves in the highly commoditized industry.

Top blockchain and crypto news: Binance spurns WazirX amid India probe. BlackRock bets on Coinbase. Crypto influencers in China’s crosshairs.

Average daily volumes (ADV) at Bullish cryptocurrency exchange in the second quarter of the year rose by about 212% to US$522 million, up from US$167 million in the first quarter, according to a business update released on July 26. The exchange is operated by Bullish (GI) Limited and regulated by the Gibraltar Financial Services Commission.  […]

U.S.-based cryptocurrency exchange Coinbase will cut its global workforce by about 18% to ensure it stays “healthy during this economic downturn,” CEO Brian Armstrong said in a blog post. See related article: Coinbase is the first crypto firm to make the Fortune 500 list Fast facts Coinbase will cut approximately 1,100 employees, or 18% of […]

Crypto exchange FTX.US has introduced FTX Stocks for select U.S. customers to allow stock trading and exchange-traded funds (ETFs) through its app. See related article: FTX reaches US$32B valuation after closing $400M series C Fast facts FTX.US will provide commission-free stock market trading where orders will be routed to Nasdaq through its clearing firm Embed, […]

Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, has bought a 7.6% stake in Robinhood for US$648 million, according to a filing with the U.S. Securities and Exchange Commission. See related article: Terra shuts down indefinitely after coming back online; LUNA, UST still on life support Fast facts Bankman-Fried bought the stake through a firm called […]

South Korean digital bank KakaoBank announced on Tuesday at its quarterly business performance conference it is reviewing a partnership with a local cryptocurrency exchange. See related article: South Korean banks seek green light on crypto Fast facts “As [crypto] is considered a major asset amongst customers, we are reviewing how we can provide virtual assets […]

The Hong Kong Exchange (HKEX) Tuesday revealed plans to launch “Diamond,” a trading platform to pilot digital assets in 2022.  See related article: China’s e-CNY pilot to boost Hong Kong as offshore yuan trading center Fast facts See related article: Hong Kong to propose bill to license crypto exchanges

San Francisco-based Ripple Labs announced Tuesday that on the heels of a strong year it bought back the shares it sold in a 2019 fundraise and is now valued at US$15 billion. Fast facts The blockchain payments platform developer is in the middle of a 13-months-long lawsuit filed by the U.S. Securities and Exchange Commission […]

Binance signed a memorandum of understanding with Bangkok-based power company Gulf Energy Development to establish a digital asset exchange in Thailand, the Southeast Asian nation with a population of 70 million people.  Fast facts According to Gulf Energy’s letter to the Thai Stock Exchange on Monday, its local resources coupled with Binance’s exchange technology would […]

A regulatory hurricane swept away half of South Korea’s crypto exchanges in 2021. Who are the survivors — and are there larger lessons for the rest of the world?

South Korean game shares fell sharply, just a few weeks after announcements of new NFT metaverse ventures sent the shares up.

NFTZ opened for trading on the NYSE in the midst of turmoil and fears of inflation and Omicron.

Sohn Byung-doo, chief executive officer for Korea Exchange (KRX), urged South Korea to prepare an institutional infrastructure as virtual assets have become a major investment asset in the country. Fast facts In his speech at the 2021 Global ETP Conference, Sohn insisted that the “virtual asset market is no different from the capital market in […]

Initial operations are available to invited institutional investors including Hong Kong crypto finance service provider, Amber Group.

Hot on the heels of a similar exchange-traded fund being approved in the U.S., the Australian Securities Exchange is close to launching the “BetaShares Crypto Innovators ETF,” which will grant exposure to global companies working in the digital asset space, according to the Financial Review. Fast facts Using the ticker “CRYP,” the ETF aims to […]

Huobi’s diversified businesses outside of China reached nearly 70% in terms of trading volumes, and have been on the rise, its co-founder tells Forkast.News.

Under scrutiny around the world, the largest cryptocurrency exchange wants to do a better job engaging with regulators.

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

Speaking to Parliament, India’s finance minister reveals that the government does not know how many crypto exchanges India has nor the number of crypto users.

Closure of blockchain business may be related to regulatory concerns, but unlikely to hit crypto industry hard, observers say.

The Philippine Digital Asset Exchange, a cryptocurrency trading platform licensed by the central bank of the Philippines, now has more than 450,000 users, a 22.5-times increase from 2019, the bourse has told local media.  Fast facts PDAX Chief Executive Nichel Gaba said many Filipinos were crypto-curious, which explained why the number of traders on the […]

Speaking at an SCB 10X DeFi virtual summit, Binance CEO Changpeng Zhao says an IPO is not out of the question, but that the exchange first needs to set up corporate structures as it navigates increased regulatory scrutiny.

ASX, which operates Australia’s stock market, says the custody of cryptocurrency held on centralized exchanges presents a significant cybersecurity risk to investors, and recommends that regulatory action be taken to protect digital assets. It made the comments in a submission to the country’s Senate Select Committee on Australia as a Technology and Financial Center. Fast facts […]

Fast-growing FTX just pulled off the largest-ever fundraise for a crypto exchange to date. Will heightened regulatory scrutiny lie in its near future?

Changpeng “CZ” Zhao, the CEO of Binance — the world’s largest cryptocurrency exchange by trading volume — today said it was “never easy” running a crypto exchange in a series of tweets about key products Binance has launched over the past four years. Fast facts “Never easy,” Zhao tweeted, referring to an extract from the […]

Hong Kong’s Securities and Futures Commission today issued a warning that Binance — the world’s largest cryptocurrency exchange by trading volume — was not allowed to conduct “regulated activity” in the city, specifically trading in stock tokens. Fast facts In its statement, the SFC said it was aware that Binance was offering stock tokens in […]