TRADING
BitMEX Launches Spot Exchange Service
BitMex announced Tuesday to launch spot trading to the market for crypto traders.
The Bank of Uganda Blacklists Financial Firms for Facilitating Crypto Trading
Uganda’s Central Bank has stated that it did not approve any licensed institution to sell cryptocurrencies or facilitate the trade-in of cryptocurrencies. Offenders would be backlisted.
Crypto Firm Change Receives License from Dutch Authority for the Financial Markets
Netherlands-based crypto firm Change gets a new license from the local financial regulator, allowing the company to provide both traditional and digital access to European clients.
NFT On-Chain Volume on Ethereum Hit $10bn Per Month
NFTs have been making headlines based on the notable growth witnessed in this sector despite being the new kid on the crypto block.
Australia's First Bitcoin ETF to Launch on Apr 27
Australia’s first bitcoin ETF will be listed on the Cboe stock exchange next week, The Australian Financial Review reported on Tuesday.
Coinbase Finally Sets Up Crypto Trading Services in India
The establishment of a local foothold follows Coinbase’s acquisition of the Indian-based AI-powered support platform Agara.
LocalBitcoins Clocks 300,000 Mobile App Downloads, With Africa Making a Mark
Two months after reaching 200,000 mobile app downloads on iOS and Android, LocalBitcoins has scaled the heights by crossing the 300,000 mark.
U.S. Democrats Propose Bill to Restrict Russian Crypto Use amid Ukraine Crisis
U.S. Democratic senators have proposed a bill that intends to impose sanctions on foreign cryptocurrency companies that have partnerships with Russian entities, preventing them from bypassing U.S. sanctions.
Nordic Neobank Lunar Raises $77M Funding Round, Launching Crypto Trading Platform
Lunar strives to offer more convenient, empathic and engaging banking alternative services to both private and business customers.
LocalBitcoins Cuts Fees to Zero for Ukrainians Both Locally and Abroad
To ease transactions amongst Ukrainians as they face the Russian Army Invasion in their nation, P2P Bitcoin marketplace LocalBitcoins has removed all transaction fees for them both locally and abroad.
Animoca Brands to Halt Trading Services to Russian Users
Animoca Brands said it would stop trading services to Russian users is in response to sanctions being imposed on Russia.
Bybit Pairs with Cabital, Providing Trading Service for Crypto
Singapore-based cryptocurrency exchange Bybit has tied with Cabital, allowing users to buy cryptos by using EUR and GBP and enjoy a lower cost.
Robinhood's Crypto Wallet Goes Live, Allowing Crypto Withdrawals for First 1,000 Users
Robinhood’s crypto wallet is officially live, allowing the first 1,000 users to make crypto withdrawals.
Regulator Offers Conditional Approval to SoFi Bank, despite Crypto Asset Activities
American online personal finance company Social Finance has obtained conditional approval from the Office of the Comptroller of the Currency to establish SoFi Bank, National Association.
Crypto.com Suspends all Deposits, Withdrawals due to Suspicious Transactions
Crypto wallet provider and trading platform Crypto.com said it would stop all deposits and withdrawals due to suspected unauthorized transactions on the platform.