Coinbase International Exchange, a class F license holder from the Bermuda Monetary Authority (BMA), announced it has received additional regulatory approval, allowing the platform to offer perpetual futures trading to non-United States retail customers. Launched in May 2023, Coinbase International already offered crypto derivates services to institutional clients. With the latest regulatory approval, the crypto platform will provide eligible customers access to regulated perpetual futures...

Japan’s largest investment bank, Nomura’s digital asset subsidiary Laser Digital Asset Management, has launched a Bitcoin Adoption Fund for institutional investors. The official announcement noted that the Bitcoin BTC $27,103 -based fund will be the first in a range of digital adoption investment solutions that the firm plans to introduce. Nomura is a Japanese financial giant with over $500 billion worth of assets and offers brokerage services to leading institutional investors. The Bitcoin...

A report from the World Federation of Exchanges (WFE) notes that 40% of crypto trading platforms are decentralized and use distributed ledger technology, while the majority (60%) use central limit order books (CLOBs), quite similar to regulated exchange platforms. The WFE report says there are a total of 500 crypto trading platforms offering various crypto-linked products and services. The survey saw participation from several crypto platforms, offering key insights into retail and...

Asian cryptocurrency exchange HashKey is set to start offering Bitcoin BTC $26,104 and Ether ETH $1,654 crypto trading services to retail customers in Hong Kong starting on Aug. 28, according to a local media report. Investors will only be allowed to invest up to 30% of their net worth into cryptocurrencies when using the platform. HashKey became the first crypto exchange in Hong Kong to get regulatory clearance to offer crypto trading services to retail traders after upgrading two major...

Shiba Inu launched the Shibarium mainnet, an Ethereum layer-2 scaling solution, on Aug. 16 after months of testing that saw millions of users participate and 21 million wallets created. Shibarium is built on a new consensus mechanism called proof-of-participation (PoP), which works by selecting validators in proportion to their quantity of holdings in the associated cryptocurrency. This is done to avoid the computational cost of proof-of-work schemes. The new L2 blockchain solution is...