Weekly Outflows from Crypto Investment Products Hit $305M
Following a period of large multi-week inflows, there has been a noticeable shift in the cryptocurrency investment product market as major outflows are now being seen.
Following a period of large multi-week inflows, there has been a noticeable shift in the cryptocurrency investment product market as major outflows are now being seen.
OKX Singapore, a subsidiary of the global cryptocurrency exchange OKX, has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
24X National Exchange has submitted an amended application to United States regulators to establish a securities exchange that could offer cryptocurrency exchange-traded funds (ETFs) with 24/7 trading capabilities.
Bitcoin miners experienced a significant decrease in revenue in August, the lowest amount since September 2023.
The long-awaited hard fork of the Cardano blockchain has been successfully completed, paving the way for new advancements in voting systems and smart contracts.
Crypto.com has formed a partnership with Standard Chartered Bank to offer its users the option to deposit and withdraw funds in United States dollars, euros, and United Arab Emirates dirhams.
The Nigerian Securities and Exchange Commission (SEC) has granted Quidax, a crypto exchange based in Africa, its first provisional operating license.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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