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ProShares Bitcoin Futures ETF Wants Exemptions from Trading Limits
Trading

ProShares Bitcoin Futures ETF Wants Exemptions from Trading Limits

ProShares Bitcoin futures ETF shares could grow too fast on the CME public marketplace. The firm therefore has applied to be exempted from trading limits.

ProShares Confirms to Start Trading Bitcoin Futures ETF on NYSE Tuesday
Trading

ProShares Confirms to Start Trading Bitcoin Futures ETF on NYSE Tuesday

American Exchange Traded Funds (ETFs) provider, ProShares confirmed that its Bitcoin Futures backed ETF product will begin trading on the NYSE Tuesday.

Binance To Terminate Chinese Yuan Transactions after China's Strong Encryption Ban
Trading

Binance To Terminate Chinese Yuan Transactions after China's Strong Encryption Ban

Binance announced today that it will terminate C2C Chinese Yuan trading before the end of this year. The action is considered a backlash in response to China’s latest crypto ban.

Russia Won't Follow in the Footsteps of China's Total Ban on Crypto Transactions: Russian Deputy FM
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Russia Won't Follow in the Footsteps of China's Total Ban on Crypto Transactions: Russian Deputy FM

The Russian government said it will not follow China's comprehensive ban on cryptocurrency and has no plans to prohibit investors from buying cryptocurrencies in the foreign exchange market.

Binance Exchange Halts Major Crypto Services in Singapore
Trading

Binance Exchange Halts Major Crypto Services in Singapore

Binance has announced that with effect from October 26, users from Singapore will not be able to access the most basic functions of the Binance.com platform

The Central Bank of China Reiterates All Crypto-related Transactions are Illegal
Trading

The Central Bank of China Reiterates All Crypto-related Transactions are Illegal

The Chinese government once again stepped up its suppression of cryptocurrency transactions, and the Chinese central bank stated that all cryptocurrency-related transactions are illegal.

Canadian Regulators Warns Crypto Firms Against Gambling-Style Advertisements
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Canadian Regulators Warns Crypto Firms Against Gambling-Style Advertisements

Canadian market regulators have warned cryptocurrency service providers against those to mislead investors through their gambling style advertisements.

Major Brazilian Investment Bank BTG Pactual Opens Crypto Trading Services to Customers
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Major Brazilian Investment Bank BTG Pactual Opens Crypto Trading Services to Customers

BTG Pactual, a central investment bank in Brazil, is developing its cryptocurrency trading service in response to increased demands from its customers who want to invest in crypto assets.

Robinhood Silently to Test Crypto Wallets & Crypto Transfer Functions
Trading

Robinhood Silently to Test Crypto Wallets & Crypto Transfer Functions

According to a Bloomberg report, Zero-commission financial trading platform Robinhood is low-profile testing new crypto wallet features for its customers, which will allow users to send and receive cryptocurrencies.

Bitcoin Average 30-Day Returns Slip to 8-Week Low
Trading

Bitcoin Average 30-Day Returns Slip to 8-Week Low

The price drop in the Bitcoin market has made the average 30-day returns sink by at least 6%, hitting an 8-week low.

Coinbase Applies to the National Futures Association for Trading Crypto Futures
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Coinbase Applies to the National Futures Association for Trading Crypto Futures

Digital currency exchange Coinbase is working hard to become a qualified cryptocurrency derivatives commission merchant.

Fintech MoneyLion Adds Crypto Trading with $1M Prize Before IPO
Trading

Fintech MoneyLion Adds Crypto Trading with $1M Prize Before IPO

Financial technology company MoneyLion introduced cryptocurrency services to its integrated financial service application before its public listing, allowing clients to buy and sell Bitcoin and Ethereum freely.

South Korea Strengthens the Supervision of Crypto Exchanges,Nearly Two-thirds of Exchanges Forced to Close with $2.6B in Losses
Trading

South Korea Strengthens the Supervision of Crypto Exchanges,Nearly Two-thirds of Exchanges Forced to Close with $2.6B in Losses

Financial Times reported the South Korean Financial Services Commission (FSC) has begun to tighten the supervision of local and overseas cryptocurrency trading platforms in South Korea, resetting a new deadline on September 24.

Bitcoin’s Average Trader Monthly Swings Back to Sink for the First Time Since July
Trading

Bitcoin’s Average Trader Monthly Swings Back to Sink for the First Time Since July

After recording a 10% daily loss on September 8, BTC traders’ monthly returns slumped.

Paypal to Complement its Latest Crypto Drive by Launching Stock Trading for US Customer
Trading

Paypal to Complement its Latest Crypto Drive by Launching Stock Trading for US Customer

Paypal is reportedly on track to launch a stock trading service for its US customers.