CryptoNews

South Korean Crypto Exchange Upbit Obtains Regulatory Approval in Singapore – Exchanges Bitcoin News

October 18, 2023
Leading South Korean crypto exchange Upbit has been granted regulatory approval by Singapore’s main financial regulator. The authorization will allow the trading platform to provide regulated services in the Southeast Asian city-state which has established itself as a crypto hub. Upbit Singapore Gets In-Principle Approval for Major Payment Institution License The Singapore subsidiary of…
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CryptoNews

Biggest Movers: SHIB, DOGE Fall, as Crypto Markets Consolidate – Market Updates Bitcoin News

October 18, 2023
Meme coins were one of the biggest casualties of Wednesday’s price consolidation, falling by as much as 2% in today’s session. The decline comes as a result of profit taking, following strong gains to start the week. Shiba inu and dogecoin remain in the red, as of writing. Shiba Inu (SHIB) Shiba inu (SHIB) was a notable mover on Wednesday, as the meme coin fell for a second consecutive…
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Blackrock CEO Larry Fink Sees Global Demand and 'Pent-up Interest in Crypto' Amid Israel-Hamas War – Finance Bitcoin News

October 18, 2023
Larry Fink, the CEO of the world’s largest asset manager, Blackrock, sees the recent bitcoin rally as “an example of the pent-up interest in crypto.” Noting that as the Israel-Hamas war rages on, more people will be running to bitcoin as “a flight to quality,” the executive emphasized: “We are hearing from clients around the world about the need for crypto.” ‘The Rally Today Is…
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CryptoNews

Australia Government Wants Crypto Exchanges to Possess a Financial Services License – Regulation Bitcoin News

October 18, 2023
Australia-based crypto exchanges may soon be required to hold a financial services license issued by the Australian Securities and Investments Commission. The Australian government expects to have the draft legislation ready in 2024. According to the proposals, crypto exchanges will be given a period of twelve months to comply with the new regulations. Protecting Consumers Cryptocurrency…
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