News About Trading and Investing in Crypto Assets

The Financial Sector Supervisory Authority of South Africa (FSCA) has said that all cryptocurrency exchanges should obtain a licence by the end of this year.  The FSCA has already accepted around twenty applications and more are expected by November 30. Unathi Kamlana, a representative of the ...

Innovative cryptocurrency exchange OKX may leave the Japanese market as OKX Exchange products are banned by local law, according to news portal Coiprost.  A screenshot from the OKX app shows a message that OKX Exchange products cannot be used in Japan due to existing regulations and rules. ...

One of the largest cryptocurrency exchanges in the world, Binance, has withdrawn its application for a licence from the Austrian Financial Market Authority (FMA). When asked to comment on the reported withdrawal of the application, a Binance representative responded that they remain committed to ...

Robinhood, an online broker, has entered into an agreement to acquire X1, a free cashback credit card service. The deal is valued at around $95 million.  The X1 credit card boasts no annual fees, no late fees and no international transfer fees. The product comes with a mobile app. Vlad Tenev, ...

The Monetary Authority of Singapore (MAS) has approved Ripple's application for a licence, granting it permission to provide regulated digital payment token services and products within the country. This will allow customers to take advantage of its on-demand liquidity (ODL) cryptocurrency service. ...

San Francisco-based cryptocurrency payment provider Wyre has announced its closure after a decade in business. The company's management attributed the termination to prevailing market conditions. According to an official statement, "Wyre is ceasing operations as a result of market constraints, ...

The Virtual Asset Regulatory Authority of Dubai (VARA) has issued a provisional minimum viable product (MVP) licence to OKX subsidiary Middle East Fintech. OKX has taken the initiative to open a new office in Dubai's World Trade Centre, expecting to welcome 30 new employees, with a preference for ...

The largest US centralised cryptocurrency exchange, Coinbase, has announced a partnership with Bitkey, a hardware wallet being created by Jack Dorsey's fintech company Block.  Users using Bitkey will be able to buy and sell Bitcoin via Coinbase Pay on a mobile app or hardware wallet. The ...