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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Swiss Bank Offers Clients Crypto Lending Product – Finance Bitcoin News

October 18, 2023
Swiss online bank Dukascopy has introduced a new lending product that enables customers to borrow against their cryptocurrency. The solution allows users to receive 50% of the value of their digital assets in fiat currency while retaining their original crypto investments. Switzerland-Regulated Dukascopy Bank Launches Automated Crypto Lending Feature Geneva-headquartered Dukascopy Bank is now…
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SEC to Intensify Crypto Market Monitoring and Examinations – Regulation Bitcoin News

October 18, 2023
The U.S. Securities and Exchange Commission (SEC) has published its examination priorities for 2024 which include crypto monitoring and examinations. The securities regulator disclosed: “Examinations of registrants will focus on the offer, sale, recommendation of, advice regarding, trading in, and other activities in crypto assets or related products.” Division of Examinations’ 2024…
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