FM Crypto

Crypto.com Enters US Crypto Perpetuals Market for Retail Traders as Kraken and Kalshi Expand Crypto.com has launched cryptocurrency perpetual contracts for eligible US retail traders, offering leverage of up to 5x through the Crypto. https://www.financemagnates.com/cryptocurrency/cryptocom-enters-us-crypto-perpetuals-market-for-retail-traders-as-kraken-and-kalshi-expand/?tg=1793121364

Brokers on Devexperts’ DXtrade Gain Access to KuCoin’s Crypto Order Books Brokers that license Devexperts' DXtrade platform can now tap KuCoin's spot and perpetual futures liquidity, the software firm said today (Tuesday). https://www.financemagnates.com/cryptocurrency/brokers-on-devexperts-dxtrade-gain-access-to-kucoins-crypto-order-books/?tg=1793089474

Kraken Brings BTC and ETH Options to EEA under Cyprus Licence Kraken has opened Bitcoin and Ether options trading to eligible clients in the European Economic Area through Kraken Pro, using the MiFID licence held by the Cypriot investment firm it acquired in ... https://www.financemagnates.com/cryptocurrency/exchange/kraken-brings-btc-and-eth-options-to-eea-under-cyprus-licence/?tg=1793050200

How Far Should Crypto Firms Trace a Transaction? FCA Says Risk Should Decide Brokers and trading platforms handling cryptoassets should be able to explain why their monitoring systems flag a transaction and how far they trace its history, according to proposed guidance from... https://www.financemagnates.com/cryptocurrency/regulation/how-far-should-crypto-firms-trace-a-transaction-fca-says-risk-should-decide/?tg=1792763774

Bybit Secures Full Dubai Licence for Spot Trading, but Derivatives Remain Out of Reach Bybit has secured full regulatory clearance in Dubai for spot trading, but the exchange’s core business - crypto derivatives - remains on the waiting list. https://www.financemagnates.com/cryptocurrency/exchange/bybit-secures-full-dubai-licence-for-spot-trading-but-derivatives-remain-out-of-reach/?tg=1792698300

UK Crypto Broker GCEX Starts Offering Bitcoin and Ether Options to Professional Clients Crypto prime broker GCEX began offering Bitcoin and Ether options to professional and institutional clients today (Thursday). The contracts trade over the counter with its UK arm, GC Exchange Limit... https://www.financemagnates.com/cryptocurrency/uk-crypto-broker-gcex-starts-offering-bitcoin-and-ether-options-to-professional-clients/?tg=1792659545

Three Firms Line Up to Trade Tokenized US Stocks Onchain Under SEC Exemption Three companies have told the US Securities and Exchange Commission (SEC) they plan to run onchain venues for tokenized US stocks. The regulator published their names on Tuesday, and none of them h... https://www.financemagnates.com/cryptocurrency/three-firms-line-up-to-trade-tokenized-us-stocks-onchain-under-sec-exemption/?tg=1792650271

Bitget Plans Thai Exchange Acquisition Despite Restrictions on Serving Local Users Bitget plans to acquire Thailand-based digital asset exchange operator GMO-Z.com Cryptonomics, weeks after a security incident affected its hot and warm wallets . https://www.financemagnates.com/cryptocurrency/bitget-plans-thai-exchange-acquisition-despite-restrictions-on-serving-local-users/?tg=1792499645

Revolut Wins Gibraltar Crypto License, Reopens Sign-Ups for Local Residents Gibraltar's financial regulator has authorized a new Revolut subsidiary to provide crypto services, the government said today (Monday). https://www.financemagnates.com/cryptocurrency/regulation/revolut-wins-gibraltar-crypto-license-reopens-sign-ups-for-local-residents/?tg=1792403083

More Holders, Little Trading: The RWA Liquidity Problem Is Worse Than You Think Let me ask you something straight. Does real-world asset trading on crypto exchanges feel like a genuine revolution, or does it feel like a warehouse full of boxes nobody opens? I think you know th... https://www.financemagnates.com/cryptocurrency/more-holders-little-trading-the-rwa-liquidity-problem-is-worse-than-you-think/?tg=1792385007

Binance Claims Fastest $1 Billion Sprint in bStocks With $6 Billion in Share Conversions Binance has reported that its bStocks product crossed $1 billion in assets faster than any competing tokenised equity offering. . Underpinned by $6 billion in two-way conversions with underlying sh... https://www.financemagnates.com/cryptocurrency/exchange/binance-claims-fastest-1-billion-sprint-in-bstocks-with-6-billion-in-share-conversions/?tg=1792090409

Ripple Prime Connects Institutions to Hyperliquid’s 24/7 Markets Through Swaps Ripple Prime has begun offering institutional clients swaps linked to more than 100 traditional-asset perpetual markets. . The underlying contracts trade on Hyperliquid, but clients enter the swaps... https://www.financemagnates.com/cryptocurrency/ripple-prime-connects-institutions-to-hyperliquids-247-markets-through-swaps/?tg=1792083720

Australia’s Crypto Platforms Have Until 27 November to Mark ASIC’s Homework Digital asset platforms in Australia will need an Australian financial services (AFS) licence, customer disclosure documents and platform rules, and must meet asset-holding, transactional and settl... https://www.financemagnates.com/cryptocurrency/australias-crypto-platforms-have-until-27-november-to-mark-asics-homework/?tg=1792039154

BingX EU Secures Austrian MiCA Licence to Enter 29 EEA Markets BingX EU, operated by MEGE zweite GmbH, has secured a licence under the Markets in Crypto-Assets Regulation from Austria’s Financial Market Authority. https://www.financemagnates.com/cryptocurrency/bingx-eu-secures-austrian-mica-licence-to-enter-29-eea-markets/?tg=1791999545

UK Trader Targets 1,053 Losing BitMEX Trades in £20 Million Claim BitMEX Trader Seeks 324.8 BTC Back, Leaving Other Trades Untouched Of the roughly 2,294 trades Lewis Barber placed on BitMEX, his lawsuit challenges 1,053. https://www.financemagnates.com/cryptocurrency/exchange/uk-trader-targets-1053-losing-bitmex-trades-in-20-million-claim/?tg=1791999000

EU Banking Regulator Takes Over Key Oversight of Circle’s USDC Stablecoin The European Banking Authority (EBA) classified Circle's USDC as a significant e-money token under the Markets in Crypto-Assets Regulation (MiCA) today (Wednesday). https://www.financemagnates.com/cryptocurrency/eu-banking-regulator-takes-over-key-oversight-of-circles-usdc-stablecoin/?tg=1791995244

South Korea Blocks 27 Crypto Exchange Websites, Including KuCoin, BitMart South Korea’s Financial Intelligence Unit has ordered access restrictions on 27 websites operated by unregistered overseas cryptocurrency exchanges, including KuCoin, MEXC, Phemex, BingX and BitMart. https://www.financemagnates.com/cryptocurrency/south-korea-blocks-27-crypto-exchange-websites-including-kucoin-bitmart/?tg=1791905100

BingX Opens 7,000 US Stocks to Crypto Users a Day After Bybit BingX opened trading in more than 7,000 US stocks and exchange-traded funds today (Tuesday), routing orders through US brokerage infrastructure provider Alpaca. https://www.financemagnates.com/cryptocurrency/bingx-opens-7000-us-stocks-to-crypto-users-a-day-after-bybit/?tg=1791874336

Kraken Gets Final Dubai Crypto License, Plans UAE Launch Within Weeks Kraken's parent Payward received Full Market Approval from Dubai's Virtual Assets Regulatory Authority (VARA) today (Monday). Kraken plans to start serving clients in the United Arab Emirates (UAE)... https://www.financemagnates.com/cryptocurrency/exchange/kraken-gets-final-dubai-crypto-license-plans-uae-launch-within-weeks/?tg=1791793107

Crypto Exchange Bybit Moves From Stock CFDs to Real US Shares Bybit opened trading in more than 1,000 US-listed stocks and exchange-traded funds today (Monday), with purchases paid in the USDC stablecoin. https://www.financemagnates.com/cryptocurrency/crypto-exchange-bybit-moves-from-stock-cfds-to-real-us-shares/?tg=1791791986