Category: Exchanges

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OKEx shared insights on trading, regulation, DeFi and more during recent Markets Pro AMA

Among many features, OKEx staff demonstrated how users could automate their trading process with no required coding knowledge on the namesake platform. Founded in 2017, OKEx is a centralized cryptocurrency exchange based in Seychelles. According to CoinGecko, OKEx is the world’s third-largest cryptocurrency brokerage, with nearly $12 billion in trading volume within the past 24…
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Chinese Central Gov’t Wants to Create ‘Digital Asset Exchanges’ as CBDC Nears

China’s policy-forming State Council has announced that it wants the nation to launch Beijing-based digital asset exchanges to power the adoption of its forthcoming central bank digital currency (CBDC) project, the digital yuan. The council called upon financial bodies to speed up the pilots for the digital yuan and asked commercial banks in the nation…
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Uzbekistan Allows Residents to Trade Cryptocurrencies on Local Exchanges

Changes to the rules governing activities of crypto exchanges in Uzbekistan now allow residents to trade coins on licensed platforms. Uzbekistanis could previously only sell their digital assets. The new provisions also regulate the issuance of tokens and their listing. Uzbekistan Loosens Restrictions on Domestic Crypto Trading Uzbekistanis will be able to trade…
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South Korean Crypto Exchange Heavyweight Bithumb Gains Operating Permit

The last of the South Korean “big four” crypto exchange platforms – Bithumb – has finally received an operating license from the nation’s financial regulator, the Financial Intelligence Unit (FIU). Bithumb had submitted its application to the FIU ahead of the latter’s September 24 deadline. But the trading platform, which was until very recently the…
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Avalanche Value Surges Reaching an All-Time High, AVAX Joins the Top Ten Crypto Markets

Cryptocurrency markets have started to recuperate from last week’s losses as bitcoin, ethereum, and a slew of digital assets have seen slight gains. However, the cryptocurrency avalanche has seen its value skyrocket this past week 46.9% higher over the last seven days. Avalanche has also crept into the top ten digital asset market valuations with…
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‘We are the number two crypto miner in the world, and we see practically no financial return,’ says Kazakhstan President Tokayev

In addition to calling for greater regulation in the cryptocurrency industry, President Tokayez contemplated the introduction of a digital Kazakhstani tenge. During a meeting with representatives of the financial sector on Friday in Almaty, Kassym-Jomart Tokayev, President of Kazakhstan, expressed his opinion on the current state of affairs of the country’s cryptocurrency industry. The details…
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India to reduce GST paid on cryptocurrency exchanges from 18% to 1% through regulatory reclassification

Despite the growing popularity of cryptocurrencies in India, lawmakers remain deeply divided on implementing a proper regulatory framework. According to a report from CNBC TV18 India, the nation’s government plans to reclassify cryptocurrency exchanges as e-commerce platforms, which will reduce the Goods and Services Taxes (GST) users must pay per transaction, or per trade, to…
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‘Only 1% of Super-Rich South Koreans’ Willing to Invest in Crypto – Survey

Crypto investment has hit sky-high levels in South Korea this year, with trading volumes at most exchanges breaking all sorts of records, leaving stock market volumes in the dust behind. The issue of crypto has even infiltrated mainstream politics, where it could set to determine the result of next year’s presidential elections…. Read More: ‘Only…
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Coinbase Users Sharing Crypto Portfolios, ETFs in US & India + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________   … Read More: Coinbase Users Sharing Crypto Portfolios, ETFs in US & India + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Robinhood Discusses Crypto Wallet Launch and Listing Strategy as Petition to List Shiba Inu Exceeds 526K Signers

The chief operating officer (COO) of Robinhood Crypto has provided an update on the company’s upcoming cryptocurrency wallet launch. The executive also discussed Robinhood’s listing strategy in response to the question of whether the platform will list shiba inu (SHIB) cryptocurrency. Robinhood Crypto’s COO Discusses Listing Strategy as Petition to List SHIB Gains More Supporters…
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