The chief executive of Crypto.com has warned of some selling coming up as we approach the Bitcoin halving, citing the “buy the rumor, sell the news” strategy. Noting that what’s happening in the bitcoin market currently resembles previous cycles, he stressed: “I personally expect great performance within the next six months.” ‘There May Be Some…
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Cryptocurrency trading platform Crypto.com is entering the South Korean crypto market with its app launch. “We spent significant time and resources tailoring our offering for this market and are honored to be the first and largest global cryptocurrency exchange to launch in South Korea,” said an executive of the crypto firm. ‘The First Product We…
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Crypto.com is expanding its global presence by launching its app in South Korea, slated for April 29. Following regulatory approvals, Crypto.com officially announced that its app will launch in South Korea, granting retail customers access to trade over 150 cryptocurrencies and explore exclusive non-fungible token (NFT) projects. https://t.co/vCNztATkNg App is going live in South Korea…
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In an interview with CNBC, Kris Marzsalek, CEO of Crypto.com, characterized the recent downturn in Bitcoin price as a “healthy” market correction. Following a bullish trend that pushed Bitcoin to new heights, the cryptocurrency experienced a correction, currently trading at $68,715 according to CoinMarketCap. As the dip drew attention from investors, Marzsalek discussed this recent…
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De Nederlandsche Bank (DNB), the Dutch Central Bank, has imposed a major fine on crypto exchange Crypto.com. The fine, which amounted to 2.85 million euros ($3 million), was imposed in October last year but only announced on March 13. The fine was imposed on Foris DAX MT, operating as Crypto.com. The exchange was fined for providing crypto…
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In the last day, the global trading volume has hit $203 billion, with stablecoins accounting for an impressive $133 billion of that total. Among the array of stablecoin assets tied to the U.S. dollar, Paypal’s PYUSD has emerged as a top ten player. Yet, despite the ongoing cryptocurrency market upswing, PYUSD has shown minimal activity…
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Crypto.com, a Singapore-based cryptocurrency exchange, partnered with BTG Pactual, Latam’s largest investment bank, to expand the access of Latam’s traditional customers to crypto services. The team-up entails listing BTG Dol, BTG Pactual’s dollar-pegged stablecoin, in Crypto.com’s platform, and its promotion in several significant trading pairs with bitcoin and ethereum. Crypto.com to List BTG Pactual-Issued Dollar…
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Crypto.com, the US-based cryptocurrency exchange, has thrown its hat into the ring for a license to operate in Hong Kong. The company submitted an application to the Hong Kong Securities and Futures Commission (SFC) on February 9th, seeking approval to operate as a virtual asset trading platform (VATP). This addition brings the total number of…
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Source: AdobeStock / Rafael Henrique Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: OKX and Bybit Capitalize as Binance’s Market Share Declines Safe Partners with Sygnum Bank and Coincover, Launches Safe{RecoveryHub} BNB Chain Launches DAU Incentive Program, Monthly Prizes…
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Source: Pixabay/Jan Vasek Singapore-based Crypto.com’s subsidiary has secured a Virtual Assets Service Provider (VASP) License from Dubai’s regulator for specified crypto service activities. CRO DAX Middle East, the exchange’s Dubai arm, received the license from Dubai’s Virtual Assets Regulatory Authority (VARA) on Tuesday. The license is subject to the firm “fully satisfying select conditions and…
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