Digital currency trading platform, Huobi Global is shutting its doors to its Singapore-based users in a bid to comply with local regulations in the country.
The Dubai Financial Services Authority (DFSA) has cleared the launch and trading of Canadian-based Bitcoin fund on Nasdaq Dubai Stock Exchange as part of the effort to provide investors based in the Middle East access to the cryptocurrency investment services.
American Exchange Traded Funds (ETFs) provider, ProShares confirmed that its Bitcoin Futures backed ETF product will begin trading on the NYSE Tuesday.
Crypto exchange KuCoin has revealed that it is closing accounts associated with Chinese users. The development is another blow to investors in Bitcoin and other crypto-assets in Mainland China amid the latest crackdown on the sector.
Since last Friday, the People's Bank of China began to crack down on cryptocurrency trading, a large number of Chinese traders seem to have turned their trading venues to dYdX- a decentralized leveraged trading exchange.