BitGo's Singapore arm secures in-principle approval from MAS for a major payment institution licence, paving the way for non-retail investor trading. The firm plans to expand its cryptocurrency services in Singapore, targeting institutional clients with its innovative cold storage custody solution.
JoyThe decade-old crypto custody business said it could offer digital payment token services in the city-state once it obtains the full Major Payment Institution license.
ZoeyBitGo's subsidiary in Singapore secures an in-principle approval for a Major Payment Institution license, aiming to provide regulated digital payment token services. Singapore's prominence as a crypto innovation hub drives BitGo's commitment to expanding services, leveraging the region's regulatory framework and business appeal. With a strategic financing of $100 million, BitGo aims for global expansion and strategic acquisitions, emphasizing its commitment to establishing a regional headquarters in Singapore.
Huang BoCoinbase International Exchange imposes a 10x leverage limit on popular perpetual futures, impacting major cryptocurrencies. Traders face market adjustments, with BTC, ETH, LTC, SOL, and XRP showing declines. Risk management measures include DIM requirements, regularly reviewed to balance access and systemic risks. The exchange, launched in Bermuda, emphasizes regulatory compliance and transparency.
SanyaTaiwanese cryptocurrency exchange Bitgin is currently under investigation for alleged money laundering activities. The focus of the inquiry revolves around the arrest of Yuting Zhang, the company's Chief Operating Officer, implicated in the "Eighty-Eight Guild Hall" money laundering case.
JasperFormer FTX CEO Bankman-Fried did not address concerns about customer funds being misappropriated or other recent revelations about the company.
CoindeskOn-chain data shows both the Bitcoin leverage ratio and the futures open interest has spiked up recently, a sign that ...
BitcoinistWhen crypto bull market profits dry up, the best way to keep gains coming is by using leverage to open ...
BitcoinistIf you check in on the current status of crypto investors, they will tell you the sky is falling, and ...
BitcoinistBTC price looks to break out of its downtrend, yet pro traders are still unwilling to add leveraged positions.
Cointelegraph