Initially, the BitMEX Spot Exchange will support seven crypto assets, including BTC, ETH, LINK, UNI, MATIC, AXS, APE, all traded against the USDT stablecoin.
The celebrate the launch of the crypto spot exchange, BitMEX has launched a giveaway with over $1 million in crypto prizes.
The newly acquired crypto service provider license will allow Binance to provide limited exchange services to pre-qualified investors and financial services firms.
The exchange will now be monitored closely by Dubai’s regulators with the goal of eventually opening access to the retail market.
Although Binance had received an in-principle approval back in December, it was required to complete the full application process.
The new license will allow Binance to provide crypto-related services to the citizens of Bahrein, including trading, custody, and portfolio management.
The Bank of International Settlements and the Fed have been assessing the feasibility of CBDCs.
Powell said the research showed that CBDCs need to coexist with cash to create an innovative payment system.
Federal Reserve chairman Jerome Powell speaking at a Brookings panel, “Are there structural issues in U.S. bond markets?”, 3 August 2015. Brookings Institution
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