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Coinbase To Enable Perpetual Futures For Eligible Non-US Retail Customers
Thursday, September 28, 2023 - 2:30pm | 449Coinbase International Exchange, initially established for non-U.S. institutional trading, has secured regulatory clearance from the Bermuda Monetary Authority (BMA) to offer perpetual futures trading to non-U.S. retail customers. This move aligns with the discussions at Benzinga's Future of...
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Coinbase Sought To Acquire FTX Europe To Boost International Presence: Report
Friday, September 22, 2023 - 5:26pm | 543Coinbase Inc. (NASDAQ: COIN), in its efforts to expand its crypto derivatives offerings globally, considered buying FTX's European branch after the latter's bankruptcy in November, according to Fortune. FTX Europe, prior to its parent company's downfall, was the sole provider of a...
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Is Bitcoin Disentangling From Its Wall Street Correlation?
Wednesday, July 5, 2023 - 12:41pm | 635The fate of Bitcoin (CRYPTO: BTC) appears to be disengaging from the mood swings of the U.S. stock markets. The 90-day rolling correlation between the fluctuations in Bitcoin's spot price and the changes in the Nasdaq and S&P 500, two key U.S. equity indices, has dropped to nearly zero....
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Ether/Bitcoin Ratio Futures Set For Launch By CME Group To Capitalize On Market Dynamics
Monday, July 3, 2023 - 11:57am | 566Derivatives marketplace CME Group on Monday announced its intention to launch Ether (CRYPTO: ETH)/Bitcoin (CRYPTO: BTC) ratio futures on July 31, subject to regulatory approval. The new futures contract is designed to capitalize on the relative value trading opportunities that have...
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Gemini Twins Set Sights On UAE: Winklevoss Brothers Seek Digital-Asset License
Thursday, June 1, 2023 - 11:07am | 384Tyler and Cameron Winklevoss, billionaire twins and founders of the Gemini crypto exchange, are turning their ambitions to the United Arab Emirates (UAE) as they plan to seek a digital-asset license in the country. The move, unveiled in a recent Gemini Twitter announcement, marks the initial...
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Crypto Trading In Hong Kong Goes Mainstream — How Investors Will Be Protected
Tuesday, May 23, 2023 - 10:22am | 453Hong Kong's Securities and Futures Commission (SFC) has announced that it will start accepting applications for crypto trading platform licenses beginning June 1. The SFC's new guidelines aim to regulate the crypto industry and protect retail investors. According to the guidelines, licensed...
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Crypto Giant Coinbase Defies Regulatory Hurdles, Launches Offshore Derivatives Exchange
Tuesday, May 2, 2023 - 2:45pm | 464Coinbase Global Inc. (NASDAQ: COIN) is diversifying its business by launching an international derivatives exchange for institutional crypto traders outside the United States. The Coinbase International Exchange will list Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH) perpetual futures starting this...
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Binance's 'VIP' Clients Revealed: Top Quant Firms Embroiled In CFTC Legal Battle
Thursday, April 6, 2023 - 11:07am | 498Jane Street Group, Tower Research Capital, and Radix Trading have been revealed as the three unnamed "VIP" clients of Binance Holdings Ltd., mentioned in the Commodity Futures Trading Commission's (CFTC) lawsuit against the cryptocurrency exchange, according to a report. The CFTC...
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Binance's Australian Derivatives License Axed — A Regulatory Storm Unleashed On The Crypto Giant
Thursday, April 6, 2023 - 10:49am | 494The Australian Securities and Investments Commission (ASIC) has revoked Binance's (CRYPTO: BNB) license for its derivatives operations in the country while it examines the group's local activities, as per an announcement on Thursday. Binance Australia confirmed in a tweet that its...
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Bitcoin, Ethereum Derivatives Trading Skyrocket in February — And You Won't Believe The Numbers
Wednesday, March 8, 2023 - 6:34pm | 510Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) derivatives trading volumes in dollar terms continued to soar in February and the increase comes as spot volumes continue to rise amid a hot regulatory backdrop. What Happened: The growth in trading activity is indicative of the growing...
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Coinbase Buys Derivatives Exchange FairX, Describes The Move As A 'Stepping Stone' To Offering Crypto Derivatives In US
Thursday, January 13, 2022 - 2:10am | 418Coinbase Global Inc (NASDAQ: COIN) said Wednesday it is buying the U.S. Commodity Futures Trading Commission-regulated derivatives exchange FairX. What Happened: The trading platform said in a statement that the acquisition “is a key stepping stone on Coinbase’s path to offer crypto...
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Binance Bars Australians From Crypto Derivatives Trading
Tuesday, September 21, 2021 - 5:00pm | 337World's top cryptocurrency exchange Binance retired its cryptocurrency derivatives from the Australian market. What Happened: According to a Tuesday announcement, Australia-based Binance users have 90 days to close their positions for futures, options and leveraged tokens. After...