The People’s Bank of China’s Shanghai headquarters has reiterated its commitment to preventing and cracking down on risks associated with cryptocurrency trading …
Trading
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Coinbase, the leading crypto exchange, has expanded the “Everything Exchange” vision to the United Kingdom. In this respect, Coinbase has enabled the …
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Markets
Tokenized stock trading surged 288% in July, but one QQQ token drove most of it
by shayaanby shayaanWithout that QQQ token, QQQB, July volume for tokenized equities would be roughly $2.03 billion, about 30% below June’s total. www.coindesk.com
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In brief Coinbase reported $1.22 billion in second-quarter revenue, and a net loss of $359 million, against an expected $1.29 billion in …
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Adoption
South Korea Confirms 2027 Crypto Tax After Three Delays, Trading Volume Fears Return
by shayaanby shayaanAfter three postponements that kept crypto gains untaxed since the initial 2022 deadline, South Korea’s government is drawing a line. Deputy Prime …
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South Korea’s Korea Exchange halted trading in KOSPI-listed shares for 20 minutes on July 28 after the benchmark fell 8.02% to 6,213.51. …
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Markets
Coinbase hit by spot trading slump: Wall Street trims expectations ahead of earnings
by shayaanby shayaanWall Street expects a sluggish second quarter from Coinbase as crypto trading activity cools, putting all eyes on and pending U.S. crypto …
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Markets
Ondo drops tokenized asset blockchain plans for private, high-speed trading network
by shayaanby shayaanThe new network powers Ondo’s recently-launched perpetual futures platform and will eventually support trading across onchain financial assets. www.coindesk.com
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Markets
Crypto’s favorite $90 trillion trading product is coming to Wall Street, but big banks are taking it slow
by shayaanby shayaanRegulated perpetual futures are officially landing in the U.S., but while agile trading firms and crypto exchanges race to capture massive retail …
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Markets
Digital asset trading platform Uphold cuts 17% of global headcount as crypto winter bites
by shayaanby shayaanThe crypto trading platform said the layoffs reflect a strategic shift toward its fast-growing enterprise business. www.coindesk.com