Category: Trading

Bank of Russia Advises Stock Exchanges to Avoid Trading Crypto Instruments

Bank of Russia Advises Stock Exchanges to Avoid Trading Crypto Instruments

In line with its hardline stance on cryptocurrencies, the Central Bank of Russia (CBR) has issued a recommendation against the listing of securities tied to crypto assets on the country’s stock exchanges. The “preventive measure” will not affect state-issued digital currencies. Bank of Russia Worried About Common Investors’ Exposure to Crypto Derivatives Russia’s central banking […]

Continue Reading

Despite Negative Press, Binance Is Still the World’s Largest Crypto Spot and Derivatives Exchange

Despite Negative Press, Binance Is Still the World’s Largest Crypto Spot and Derivatives Exchange

While Binance has had a few issues with payment service providers and regulators from a few countries, the centralized cryptocurrency exchange is still the largest trading platform in terms of trade volume. During the last 24 hours, Binance has recorded roughly $8.6 billion in swaps and the trading platform commands the highest trade volume out […]

Continue Reading

Paraguayan Lawmakers Present a Very Different ‘Bitcoin Bill’ Than Expected

Paraguayan Lawmakers Present a Very Different ‘Bitcoin Bill’ Than Expected

A group of Paraguayan lawmakers presented a ‘Bitcoin bill’ in the National Congress last week, but it turned out to be a very different proposal than what crypto followers expected. The bill seeks to control and regulate cryptocurrency transactions and establish taxes. There is no mention of declaring bitcoin or any other cryptocurrencies as legal […]

Continue Reading

Binance Quits Stock Token Trading as Hong Kong Adds to Mounting Regulatory Pressure

Binance Quits Stock Token Trading as Hong Kong Adds to Mounting Regulatory Pressure

Cryptocurrency exchange Binance has announced it will no longer support the trading of stock tokens. The decision comes against the backdrop of an ongoing regulatory crackdown, with Hong Kong becoming the latest to declare that the platform is not licensed to provide such services in its jurisdiction. Stock Tokens No Longer Available for Purchase on […]

Continue Reading

Binance says it will no longer offer trading of stock tokens

Binance says it will no longer offer trading of stock tokens

Crypto exchange Binance announced Friday that it is ceasing trading of its stock tokens. Users of Binance.com will no longer be able to buy stock tokens, effective immediately, said Binance. Existing stock tokens holders should sell their holdings before October 14, it said. If they don’t sell by that date, their stock token positions will […]

Continue Reading

A Group of Users Is Battling Binance to Get Their Money Back After May’s Crash

A Group of Users Is Battling Binance to Get Their Money Back After May’s Crash

A group of Binance customers are seeking to get their funds back after the platform froze in May. These users had leveraged positions and were unable to reduce them or close them. On May 19, Binance’s app crashed for more than one hour, leaving customers unable to manage their funds. These users are now pursuing […]

Continue Reading

German neobank N26 is working with ‘top-tier crypto exchanges’ on new trading feature

German neobank N26 is working with ‘top-tier crypto exchanges’ on new trading feature

N26, the Berlin-based neobank valued at $3.5 billion, is planning to launch crypto trading tools as part of a new marketplace initiative. A spokesperson for the firm told The Block that it is working with “top-tier crypto exchanges” to launch the new product. It is not yet clear, however, which partners the neobank is working […]

Continue Reading