Genesis Global Trading to close its over-the-counter trading platform
Genesis Global Trading avoided Genesis bankruptcy earlier this year. Genesis is currently trying to raise funds to pay back its creditors. Genesis’ parent company DCG came to its rescue and…
LSEG to launch a blockchain-enabled trading platform
LSEG plans on launching a blockchain-based trading platform next year. The financial information company is already in talks with British regulators. Shares of London Stock Exchange Group ended marginally down…
Elon Musk’s X platform has payments licenses in seven US states
The most recent payment license that X obtained was from Rhodes Island. Some of the US states that X has received clearance for payment processing include Arizona, Maryland, and Georgia.…
NFT platform Recur shuts down less than 2 years after $50M financing round
Recur announced the gradual wind down of its operations and functionality on August 18, 2023. All NFT activity will be disabled by November 16, with metadata migrated to IPFS. The…
Hong Kong crypto platform HKVAX receives approval-in-principle from SFC
HKVAX has moved closer to becoming only the third platform to receive a VATP licence in Hong Kong. This is after it obtained an approval-in-principle from the Hong Kong Securities…
Bitfinex launches P2P platform in Venezuela, Argentina and Colombia
Bitfinex P2P will support buying and selling of Bitcoin, Ethereum and Tether tokens USDt and EURt. The company is looking to bolster financial freedom and inclusion across Latin America. Bitfinex…
Polygon, Cardano price outlook as major crypto trading platform delists tokens
Polygon (MATIC) traded around $0.66 on Tuesday and Cardano (ADA) hovered above $0.28. Both tokens are to be delisted from Robinhood app after the SEC labelled them securities. MATIC and…
Binance launches regulated crypto platform in Kazakhstan
Binance Kazakhstan was officially announced on June 20, 2023 with government and banking industry representatives present. The platform will allow users to buy and sell crypto with fiat, access spot…
Crypto lending platform Delio temporarily suspends withdrawals
Delio’s move comes amid a heightened crackdown in the US by the SEC. The move follows the recent suspension of deposit and withdrawal of digital assets at Haru Invest. There…
Chancer to launch token presale for its prediction platform
Chancer, a new company, will launch its token presale on June 13. The company hopes to use blockchain to disrupt the predictions market. Users will be able to create their…