BINANCE TO ACQUIRE FTX’S NON-US BUSINESS TO HELP COVER THE LIQUIDITY CRUNCH |1300 HKT | 0600 UKT | 9 November 2022

by Александр Пирогов | Nov 9, 2022 | Blog News

Binance, the world’s largest crypto exchange, has reportedly signed a non-binding letter of intent with FTX to fully acquire http://FTX.com. The announcement came after Binance CEO Changpeng Zhao said on Twitter that Binance would liquidate any remaining FTX Token on...

COINBASE CEO URGES SINGAPORE TO ALLOW RETAIL CRYPTO TRADING|1300 HKT | 0600 UKT | 8 November 2022

by Александр Пирогов | Nov 8, 2022 | Blog News

Co-founder and CEO of US-based crypto exchange Coinbase, Brian Armstrong, said at the Singapore FinTech Festival 2022 that Singapore’s ambition to become a Web3 hub is difficult to reconcile with its prohibition of retail trading. In response to his criticism,...

WUHAN EXCLUDES NFTS FROM THE CITY’S LATEST METAVERSE INDUSTRY PLAN |1300 HKT | 0600 UKT | 8 November 2022

by Александр Пирогов | Nov 8, 2022 | Blog News

The Chinese city of Wuhan has reportedly abandoned its plan to include NFTs in the city’s metaverse development. The latest version of the Wuhan government’s industrial plan on the city’s metaverse development no longer mentioned NFTs, which originally appeared in the...

CANADA TO CONSULT ON CRYPTO, STABLECOINS AND CBDCS FOR REVIEWING ITS CURRENT FINANCIAL SYSTEM REGULATION|1300 HKT | 0600 UKT | 8 November 2022

by Александр Пирогов | Nov 8, 2022 | Blog News

The Canadian government has reportedly launched a consultation on cryptocurrencies, stablecoins and central bank digital currencies (CBDCs) on 3 November. The government said the country’s financial system regulation needs to keep up with the development and...

FIDELITY TO PROVIDE COMMISSION-FREE BITCOIN AND ETHER TRADING TO RETAIL INVESTORS|1300 HKT | 0600 UKT | 4 November 2022

by Александр Пирогов | Nov 4, 2022 | Blog News

Fidelity Investments has reportedly launched Fidelity Crypto, a commission-free crypto trading service for retail investors and has opened an early-access waitlist to users. The service is provided by its subsidiary Fidelity Digital Assets, which enables retail...

COINBASE TRANSACTION REVENUES FELL BY 44% IN THE THIRD QUARTER|1300 HKT | 0600 UKT | 4 November 2022

by Александр Пирогов | Nov 4, 2022 | Blog News

The US-based cryptocurrency exchange Coinbase disclosed in its shareholder letter on 3 November that the company transaction revenue in Q3 saw a 44% decrease when compared to that in Q2, which fell from $655.2 million to $365.9 million. The exchange attributed the...