Markets

The cryptocurrency exchange Crypto.com obtained a Payment Institution License (EMI) from the Central Bank of Brazil.  The authorization will allow the firm to continue offering digital asset products and services to residents of the South American country. Getting a Nod From Brazil In a recent announcement, Kris Marszalek – CEO of Crypto.com – said the company is “incredibly proud” to secure an EMI license from Banco do Brasil. The greenlight enables it to provide services to...

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Bitcoin cash price started a fresh decline from the $118 zone against the US Dollar. The price is now trading below the $110 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $109 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $106 and $105 support levels. Bitcoin cash price is declining from the $118 zone against the US Dollar,...

Sygnum granted capital markets services (CMS) licence for asset management in Singapore Sygnum nutzt sein Engagement in der Krypto-Community und seine Erfahrungen im regulierten Digital-Asset-Banking, um das erste institutionelle, regelbasierte Krypto-Sektor-Index-Programm auf den Markt zu bringen. Es verfolgt die Wertentwicklung von 21’000 Krypto-Protokollen und nutzt ein regelbasiertes System, um in 7 Kern- und 38 aufstrebende Krypto-Sektoren zu...

Coinbase – the largest crypto exchange in the United States – has launched an asset recovery tool that will let users recover over 4000 unsupported ERC-20 tokens sent to the exchange by mistake.  In return for a small fee, the company will send non-supported assets back to user addresses.  According to a blog post from Coinbase on Thursday, the tool requires only an Ethereum transaction ID in which the funds were lost alongside the mistaken Coinbase address to which the...

INTERNET CITY, DUBAI, Dec 12, 2022 – LBank Exchange, a global digital asset trading platform, will list HUMAN Token (HMT) on December 15, 2022. For all users of LBank Exchange, the HMT/USDT trading pair will be officially available for trading at 13:00 UTC on December 15, 2022. Opening a new era of potential for human workers and businesses, HUMAN Protocol supports the creation of decentralized and automated job markets. Its native token HUMAN Token (HMT) will be listed...

Fidelity Investments is getting ready to offer both bitcoin and Ethereum trading to retail investors. The good news is that all trades will be commission free, though anybody seeking to engage in digital currency trading is likely to still pay a one percent fee on all the money they exchange. Fidelity Isn’t Being Entirely Forthcoming About Its Fees The 401K giant announced that roughly one percent fees will be attached to all transactions. Javier Paz – director of data...