FM Crypto

Nasdaq Backs One Trading to Push 24/7 Trading in Europe One Trading secured an undisclosed strategic investment from Nasdaq Ventures, laying the groundwork for the two firms to explore potential joint initiatives. https://www.financemagnates.com/cryptocurrency/nasdaq-backs-one-trading-to-push-247-trading-in-europe/?tg=1791446143

Moomoo Adds Crossover’s Crypto Execution Network for US Retail Traders Crossover Markets has partnered with Moomoo to provide the investment platform with access to its CROSSx digital asset execution network for US retail investors. https://www.financemagnates.com/cryptocurrency/moomoo-adds-crossovers-crypto-execution-network-for-us-retail-traders/?tg=1791390000

OKX Turns Infrastructure Partners into Investors at $25 Billion Valuation OKX has raised new funding at a $25 billion pre-money valuation from Circle, Qube Research & Technologies, Ripple and Standard Chartered’s SC Ventures. https://www.financemagnates.com/cryptocurrency/exchange/okx-turns-infrastructure-partners-into-investors-at-25-billion-valuation/?tg=1791305100

Binance Launches Retail AI Assistant, Repackages Existing Trading Tools Binance has grouped its artificial intelligence products under a new Binance Intelligence brand, combining a newly launched retail market assistant with two trading tools that were already availabl... https://www.financemagnates.com/cryptocurrency/exchange/binance-launches-retail-ai-assistant-repackages-existing-trading-tools/?tg=1791232800

CFTC Seeks Public Input on Proposed Retail Crypto Regulatory Framework The US Commodity Futures Trading Commission has opened a consultation on rules for retail commodity transactions involving crypto assets. https://www.financemagnates.com/cryptocurrency/cftc-seeks-public-input-on-proposed-retail-crypto-regulatory-framework/?tg=1791220680

eToro Joins European Crypto Firms Pushing Traders Toward a Euro Stablecoin eToro has joined 10 European crypto firms in a push to get more people using a euro-pegged stablecoin , the members said today (Monday). https://www.financemagnates.com/cryptocurrency/etoro-joins-european-crypto-firms-pushing-traders-toward-a-euro-stablecoin/?tg=1791184668

SEC Proposes Last-Resort Crypto Self-Custody for Advisers and Funds The US Securities and Exchange Commission has proposed allowing investment advisers and regulated funds to self-custody crypto assets when no permitted custodian is available. https://www.financemagnates.com/cryptocurrency/regulation/sec-proposes-last-resort-crypto-self-custody-for-advisers-and-funds/?tg=1790964000

True Markets Launches Tokenized Equity Trading, Starting with Nvidia True Markets has launched an on-chain orderbook for tokenized equities, starting with Nvidia against USDC. . The DeFi Orderbook is designed to address pricing and execution issues in 24/7 markets. https://www.financemagnates.com/cryptocurrency/true-markets-launches-tokenized-equity-trading-starting-with-nvidia/?tg=1790945244

Bitcoin Posts Best Quarter Since 2024 as ETF Inflows Reach $6.34 Billion Bitcoin ended the third quarter with its strongest quarterly performance since the final three months of 2024, as renewed demand for US spot exchange-traded funds helped it recover from its yearly ... https://www.financemagnates.com/cryptocurrency/bitcoin-posts-best-quarter-since-2024-as-etf-inflows-reach-634-billion/?tg=1790881500

Is "Reverse Solicitation" Under Scrutiny? EU Probes Binance’s Services after Wind-Down Order EU officials are questioning crypto exchange Binance over its use of reverse solicitation, a legal exemption, to keep serving customers in the bloc despite a failed licence bid and an order to wind... https://www.financemagnates.com/cryptocurrency/is-reverse-solicitation-under-scrutiny-eu-probes-binances-services-after-wind-down-order/?tg=1790837603

FCA Opens Five-Month Authorisation Window for UK Crypto Firms The UK's financial regulator has given crypto companies five months to apply for FCA authorisation if they want their applications assessed before the new crypto regulatory regime starts. https://www.financemagnates.com/cryptocurrency/regulation/fca-opens-five-month-authorisation-window-for-uk-crypto-firms/?tg=1790780400

Coinbase Completes US Derivatives Infrastructure with CFTC Clearing Registration The CFTC’s approval of Coinbase Clearing LLC turns the US-based cryptocurrency exchange into an end-to-end derivatives platform. The entity, registered with the CFTC on September 28, is permitted t... https://www.financemagnates.com/cryptocurrency/exchange/coinbase-completes-us-derivatives-infrastructure-with-cftc-clearing-registration/?tg=1790694000

Bitget’s $388 Million Hack Could Consume 84% of Its Protection Fund Bitget has raised its estimate of assets transferred to attacker-controlled addresses from $351.6 million to $387.5 million, adding transfers through Zcash and TRON that were missing from the first... https://www.financemagnates.com/cryptocurrency/exchange/bitgets-388-million-hack-could-consume-84-of-its-protection-fund/?tg=1790357400

Coincheck Launches 2x Crypto CFDs Six Years After Ending Margin Trading Japanese cryptocurrency exchange Coincheck has staged a comeback in crypto derivatives more than six years after closing its previous margin product. https://www.financemagnates.com/cryptocurrency/exchange/coincheck-launches-2x-crypto-cfds-six-years-after-ending-margin-trading/?tg=1790343306

DeFi Was Never Going to Get Its Clarity from US Congress Last week’s failed CLARITY Act cloture vote will be read as a setback for crypto. That reading misses where decentralized finance (DeFi) compliance was actually heading. https://www.financemagnates.com/cryptocurrency/defi-was-never-going-to-get-its-clarity-from-us-congress/?tg=1790328347

BitMEX Officially Shuts Today. Who Wins Its Users? BitMEX shuts down today, closing out a controversial eleven-year run. It is the exchange that invented the perpetual swap, the product every crypto derivatives platform now runs on. https://www.financemagnates.com/cryptocurrency/bitmex-officially-shuts-today-who-wins-its-users/?tg=1790163288

Binance Takes $100m Stake in Circle Alongside Five-Year USDC Deal Circle Internet Group and Binance have expanded their strategic partnership through a new five-year commercial agreement and a $100 million equity investment by Binance in Circle. https://www.financemagnates.com/cryptocurrency/binance-takes-100m-stake-in-circle-alongside-five-year-usdc-deal/?tg=1790082251

Capital.com Appears to Be Making a Move for the UK's Crypto Market Capital.com is making a push into the UK crypto market by hiring a Head of Risk for Capital Vault UK (CVUK). A LinkedIn job post describes CVUK as the FCA-registered crypto business for the Capital... https://www.financemagnates.com/cryptocurrency/capitalcom-appears-to-be-making-a-move-for-the-uks-crypto-market/?tg=1790071697

ECB Launches Pontes to Drive Tokenization The European Central Bank (ECB) has announced that the Eurosystem will launch Pontes today (Monday), marking a major milestone in Europe’s transition toward tokenised financial markets. https://www.financemagnates.com/cryptocurrency/ecb-launches-pontes-to-drive-tokenization/?tg=1789973849

Binance Follows Bybit into 24/7 FX Perpetuals with 100x USD/BRL Contract Binance is adding foreign exchange to its crypto derivatives platform, starting with a 24/7 perpetual contract linked to the US dollar against the Brazilian real. https://www.financemagnates.com/cryptocurrency/exchange/binance-follows-bybit-into-247-fx-perpetuals-with-100x-usdbrl-contract/?tg=1789758120