Exchanges

Binance Expands To Singapore With New License Application

  • The firm's CEO and co-founder, Changpeng Zhao, has said that their Singaporean entity was in close touch with local regulators.
  • If approved, Binance will be regulated under Singapore's current AML and counterterrorist-financing rules.

Coinbase Pro Now Provides Margin Trading to Eligible Clients

  • Margin trading is suitable for advanced traders who follow complex strategies and want to use the deepest pool of crypto liquidity.
  • Every potential client has to check whether the feature is available in their region at the moment.

Gemini Becomes First Crypto Exchange to Integrate with TradingView

  • The integration allows users of TradingView to trade digital assets directly on the platform.
  • Only cryptocurrencies supported by Gemini can be traded, including BTC and ETH.

Bitfinex Adds Tether Gold Margin Trading

  • Users of Bitfinex can now trade Tether Gold against Tether's native stablecoin USDT, Bitcoin (BTC) and the U.S. dollar (USD).
  • The pairs can be traded with initial equity of 20 percent, giving the exchange's users a maximum of up to five times leverage.

Bittrex Obtained $300 Million Insurance for Crypto Held in Cold Storage

  • Bittrex worked closely with insurance broker Marsh in obtaining the insurance.
  • In order to obtain the cover, the exchange had to demonstrate its internal security and compliance protocols.

BITPoint Integrates Chainalysis Reactor to Track Illicit Activity

  • Using the new tool, the crypto exchange will monitor activity across multiple cryptocurrencies.
  • After the 2019 hack, BITPoint used the help of Chainalysis to trace the stolen funds and alert crypto businesses dealing with them.

Gemini Hires Former Circle Compliance Officer for Europe Expansion

  • Blair Halliday will now oversee Gemini Europe‚Äôs compliance program, as part of the firm's effort to expand to the old continent.
  • Halliday will be based in London, and will report directly to Gemini's managing director of U.K. and Europe, Julian Sawyer.

Major Australian Exchange Expands Trading Services to Singapore

  • Independent Reserve has confirmed that Singaporean dollar trading pairs will soon be added to the new platform.
  • Founded in 2013, the exchange claims to have over 120,000 customers, and more than 8,000 Self Managed Super Funds.

Binance Is Reviving Bounty Programs To Hype Up WazirX’s IEO

  • Binance has assigned five specific tasks to interested users, completing three or more will result in a reward paid out in WazirX tokens (WRX)
  • The bounty program will be used to advertise the WazirX IEO, Binance Futures, BUSD, Binance Coin and Binance's fiat gateway.

Gemini Completes High-Level Security Evaluation

  • The company has successfully completed an independent SOC 2 Type 2 cybersecurity risk examination.
  • While Type 1 focuses on design and system control implementation "at a point in time", Type 2 looks at things "over a period of time".