Category Archives: Cryptocurrency

Former Capitol Hill Crypto Expert Joins Wintermute in U.S. Expansion

Algorithmic trading firm Wintermute has established its U.S. headquarters in New York City and appointed Ron Hammond, former Senior Director at the Blockchain Association, as Head of Policy and Advocacy, the company announced today (Thursday). Wintermute Establishes New York Headquarters Wintermute’s expansion into the U.S. market comes as the firm cites improved regulatory conditions for […]

FalconX-Standard Chartered Partnership Shows Growing Institutional Crypto Demand

FalconX, a crypto prime broker, has formed a strategic partnership with global lender Standard Chartered to enhance its offerings for institutional clients. The partnership, announced today (Wednesday), highlights the increasing demand for digital assets. Providing Banking Infrastructure “As institutional demand for digital assets continues to grow, we’re proud to provide the banking infrastructure that enables […]

Dubai to Accept Crypto for Government Services in Partnership With Crypto.com

The government of Dubai will soon allow residents and businesses to pay for government services using cryptocurrency. The move, made possible through a new partnership with global crypto platform Crypto.com, aims to embed digital assets in public finance at scale. New Payment Model Backed by Dubai Institutions The Dubai Department of Finance (DOF) formalized the […]

Discover TradingPRO at Finance Magnates Africa Summit 2025

TradingPRO is proud to announce our participation as a Platinum Sponsor at the upcoming Finance Magnates Africa Summit 2025, taking place from May 29–30 at the Cape Town International Convention Centre (CTICC). Join us at Booth 32, where our team will showcase our award-winning trading solutions, connect with industry leaders, and spotlight our commitment to […]

Crypto Derivatives Get FCA Approval in UK as Trading Venue GFO-X Launches for Institutions

A once-restricted corner of the UK’s financial markets opened up this week as GFO-X, the country’s FCA-regulated crypto derivatives venue, completed its inaugural trade in London, the company announced today (Tuesday). The move marks a pivotal moment in the UK’s evolving stance on digital assets and brings institutional players into a space previously restricted by […]

Crypto.com Exchange Acquires CySEC-regulated Broker, Plans to Offer CFDs in Q3 2025

Cryptocurrency exchange Crypto.com has obtained a Markets in Financial Instruments Directive (MiFID) license through its acquisition of Cyprus-based A.N. Allnew Investments Ltd, the operator of LegacyFX trading brand, the company announced today (Wednesday). The acquisition, approved by the Cyprus Securities and Exchange Commission (CySEC), allows Crypto.com to offer a broader range of traditional financial products […]

Cross-Selling and Upselling Prop Clients into Brokerage Clients

The rise of prop trading has reshaped how retail traders enter the market—and what they expect from the companies that serve them. While brokers once held the dominant position in onboarding new traders, prop firms have captured the imagination of the next generation. Yet, despite this shift, most brokers remain on the sidelines of the […]

Coinbase to Make S&P 500 Debut; Shares Jump 10% in After-Market Trading

Coinbase (Nasdaq: COIN) is set to join the S&P 500 index on 19 May 2025. The index tracks the largest 500 publicly listed companies in the US across various sectors, including finance, tech, healthcare, and more. Coinbase will be listed under the financials sector. The cryptocurrency exchange will replace Discover Financial Services, which is being […]

Coinbase Customer Data Leak Incident Faces DoJ Investigations

The US Department of Justice (DoJ) has launched an investigation into the recent security breach at crypto exchange Coinbase (Nasdaq: COIN). The breach involved a leak of internal documents and data linked to a “small subset” of customer accounts, which perpetrators accessed by bribing overseas support agents of the company. First reported by Bloomberg, citing […]

CFTC Might Regulate Crypto Perpetual Futures “Very Soon”: Commissioner Mersinger

Outgoing Commodity Futures Trading Commission (CFTC) Commissioner Summer Mersinger confirmed yesterday (Thursday) that the agency might “very soon” authorise the issuance and circulation of crypto perpetual contracts. It Would Be “Great to Get that Trading Back Onshore” Speaking to Bloomberg TV, Mersinger emphasised that perpetual crypto futures “can come to market now.” “We’re seeing some […]