In a recent legal development, New York Attorney General Letitia James has successfully obtained over $ 22 million from Kucoin, a well known crypto trading platform. This settlement arises from Kucoin’s alleged failure to register as a securities and commodities broker-dealer and its misrepresentation as a crypto exchange. New York AG Clinches Settlement …
Robinhood Launches Crypto Trading in EU, Aims for Global Accessibility
Financial services firm Robinhood has announced the launch of crypto trading in the European Union. “Like we did with the stock market, it’s our goal to make crypto more accessible and affordable to everyone, regardless of where they live,” the company explained. Robinhood Expands Crypto Trading Services Financial services firm Robinhood launched its crypto trading […]
The Bulk of Crypto Trading Volumes in Africa Are Generated by Institutional Traders — Farzam Ehsani
Farzam Ehsani, the founder and CEO of the South African crypto exchange Valr, has stated that institutional traders account for the bulk of the African continent’s crypto trading volumes. To support this point, Ehsani referred to Valr’s largest volumes which he said “are executed via our API by institutional traders deploying a host of programmatic […]
Brazil’s Banking Behemoth Itau Unibanco Debuts Cryptocurrency Trading Services
Itau Unibanco, the largest private bank in Brazil, has launched cryptocurrency trading services for its customers. Through Ion, its financial services platform, Itau will first offer access to two cryptocurrencies, ether and bitcoin, opening this feature gradually to all users. Itau Unibanco Opens Crypto Trading Services in Brazil Itau Unibanco, one of the largest banking […]
Bitcoin Premium Soars in South Korea, Trading $1,500 Above Global Norm
Based on recent data, the surge of bitcoin beyond the $ 41,000 mark has triggered a significant increase in trading activity originating from South Korea. Alongside this heightened volume, bitcoin is currently commanding a $ 1,500 premium on major South Korean cryptocurrency exchanges, including Upbit, Bithumb, Korbit, and Coinone. South Korea’s ‘Kimchi Premium’ …