Category: Exchange News
Backpack Exchange Acquires FTX EU to Expand in Europe
Backpack Exchange has obtained MiFID II authorization for FTX EU. SEPA connectivity enables quick, low-cost transactions throughout Europe. Backpack Exchange, a fully regulated global cryptocurrency…
Gemini Settles CFTC Lawsuit for $5 Million
Gemini agrees to pay $5 million to settle CFTC lawsuit over misleading Bitcoin futures claims, amidst ongoing legal battles. Gemini Trust Co., a cryptocurrency exchange…
Bithumb Meta Rebrands as Bithumb Partners for Investments
Bithumb redesigned its subsidiary to concentrate on investing. The company is planning an initial public offering in 2025. Bithumb, a South Korean cryptocurrency exchange, has…
FTX Starts Repaying Creditors After Two-Year Wait
FTX will repay creditors $14.7-16.5 billion under a Chapter 11 deal. The company will settle smaller claims under $50,000 within 60 days. FTX is now…
Frax Finance Adopts BlackRock’s BUIDL for Stablecoin
BlackRock’s BUIDL fund now supports Frax’s frxUSD stablecoin. Enhances transparency and has potential yield-bearing benefits. The Frax Finance community has approved FIP-418 unanimously, a proposal…
Coinbase Acquires BUX Cyprus Subsidiary for CFDs License
Coinbase acquires BUX Cyprus subsidiary, gaining a CFDs license to expand services across the European Economic Area (EEA). In a major development, Coinbase, the prominent…
Binance Expands in Brazil with Central Bank Approval
Binance secures Central Bank of Brazil approval for acquisition, expanding its services, ensuring compliance, and enhancing security for Brazilian users. In a significant move to…
KuCoin Unveils KuCoin Pay Transforming Crypto Payments
KuCoin Pay offers global crypto transactions that are both seamless and low-cost. Businesses receive access to KuCoin’s 37M+ users for a greater reach. KuCoin introduces…
OKX Achieves Milestone Growth and Expansion in 2024
OKX achieves significant growth in 2024 with global expansion, new features, and a focus on Web3 and decentralized applications. OKX, a leading cryptocurrency exchange, has…
