According to analysts at Bernstein, roughly 90% of crypto trading already takes place outside the U.S.
Executives said they expected exchanges to continue to expand 现货交易 (
visit this page) into international regions that have more favorable regulations
>June 16 (Reuters) - Cryptocurrency infrastructure provider Wyre is winding down, feeling the pinch of dwindling interest in a market that was once hailed as the next frontier of finance
>The value of the crypto market has fallen to around $1.1 trillion, according to CoinGecko data. Investors piled into cryptocurrencies when interest rates were low, pushing the market to a peak value of $3 trillion in 2021
>But they turned cautious as rates rose, causing prices to slump and triggering fatal liquidity crunches for several crypto firms
>SYDNEY, June 8 (Reuters) - Commonwealth Bank of Australia (CBA) said on Thursday it would block some payments to certain cryptocurrency exchanges as part of a suite of new anti-scam measures that would limit customer crypto payments
>exchanges should now be on notice that they may be subject to enforcement action if they permit, or have permitted, these tokens to be traded," said Jason Allegrante, chief legal and compliance officer at Fireblocks, a digital asset infrastructure provider. "All U.S
>The regulator's heightened scrutiny of crypto firms comes in response to the industry's failure to comply with the agency's regulations, SEC enforcement director Gurbir Grewal said at a Rutgers University and Lowenstein Sandler LLP event in New York
>The SEC sued Binance and Zhao earlier this month alleging that the company artificially inflated its trading volumes, diverted customer funds, and misled investors about its market surveillance controls
>Binance disputes the SEC
charges>Major US clampdown on crypto firm
>The top US securities regulator sued cryptocurrency platform Coinbase on Tuesday, marking the second lawsuit in two days against a major exchange
>The Wall Street Journal reported on Tuesday that EDX Markets, a crypto exchange backed by Citadel Securities, Fidelity and Schwab had started operations. BlackRock, the world's biggest asset manager, filed last week for the exchange which would allow investors to get stakes in the asset class
>U.S
>regulators suing crypto platforms Coinbase and Binance, along with last year's collapse of FTX, have sparked concerns over consumer protection related to crypto assets such as bitcoin and ether
>While the SEC crackdown on Binance.US has raised questions over its future, traders say dealing with Binance is unavoidable
>It is the world's largest exchange with around 60% of trading volumes globally, according to Kaiko data
>NICOSIA, June 14 (Reuters) - Binance's Cyprus unit has applied to be removed from Cyprus' register of crypto asset service providers, the securities regulator website showed on Wednesday, in a move Binance said would allow it to focus on its larger European businesses
>Making use of leverage on the crypto derivative dealing allows them for better capital efficiency
>Moreover, short-selling gives them a better chance to earn profits even if the price of an asset drops. But when we talk about futures trading, this kind of dealing allows traders to diversify their portfolios and increase their exposure to a variety of cryptocurrencies without even having to hold the underlying asset
>The agency's aggressive policing has sparked a wave of criticism from digital assets firms and advocates on Capitol Hill for what they describe as regulatory overreach
>The clampdown in the US has brought a dose of self doubt to a whole ecosystem behind cryptocurrency and the blockchain idea at its core, in which transactions do away with middlemen, including governments and banks
>But it is also the latest sign of global firms alighting on Britain as the Government seeks to boost its tech credentials - offsetting some of the recent doom and gloom about London's status as a financial centre as firms up sticks for New York
>Last week, the U.S
>Securities and Exchange Commission (SEC) sued Binance, its founder Changpeng Zhao, and the operator of its purportedly independent U.S. Binance said it intends to defend itself "vigorously" against the SEC's charges
>Once you are done, a preview will be available. Click on confirm and let the trading system works for you
>After placing a primary order, enter secondary order which could be a stop loss order. For this order, you can add conditions like Trailing take Profit, trailing limit sell, trailing stop, etc.