Citi Names OSL as Top Hong Kong Crypto Bet
@Citi initiates coverage of crypto exchange OSL (0863) with a buy rating and target price of 21.80 HKD, citing strong growth prospects in regulated markets and stablecoin products. #Update #Crypto $OSL
@Citi initiates coverage of crypto exchange OSL (0863) with a buy rating and target price of 21.80 HKD, citing strong growth prospects in regulated markets and stablecoin products. #Update #Crypto $OSL
@Walmart-backed OnePay plans to introduce cryptocurrency trading for $BTC and $ETH in its app by year-end, leveraging infrastructure from Zerohash. #Update #Crypto $BTC $ETH
@WebullPay partners with @Coinbase to enhance crypto services using Coinbase’s Crypto-as-a-Service platform, launching in June 2025. #Update #Crypto (+3) ↗
The Central Bank of the Russian Federation proposes a three-year trial allowing wealthy investors to trade crypto assets, aiming to enhance transparency while warning of potential losses. #Update #Crypto $BTC (+3) ↗
@DekaBank, managing $395B in assets, launches crypto trading and custody services for institutional clients, securing necessary licenses from ECB and Bafin. #Update #Crypto (+6) ↗
@GarantiBBVA will enable crypto trading for its customers in Turkey via Garanti BBVA Kripto, marking a significant step by European banks into the crypto space. • #Update • #Crypto • @GarantiBBVA • (+4) • ↗
SEC halts most crypto trading on eToro USA, allowing only $BTC, $BCH, and $ETH. eToro to pay $1.5M for unregistered operations. Users have 180 days to sell other crypto assets. @SECGov increases scrutiny on digital platforms.
eToro to halt trading of most cryptocurrencies after SEC settlement, retaining only $BTC, $BCH, and $ETH. Faces $1.5M fine for operating as unregistered broker. Clients have 180 days to sell unsupported assets. @SECGov
Hong Kong’s largest online broker, Futu Securities International, launches crypto trading for retail investors, offering incentives like Alibaba and Nvidia shares. Now trading $BTC and $ETH, this move supports Hong Kong’s crypto hub goal. #Update
Swiss crypto bank @SygnumBank reports H1 2024 profits as trading volume doubles. Spot crypto trading up 100%, crypto derivatives surged 500%, and lending volumes rose 360%. $BTC ETFs launched, $ETH ETFs anticipated. #Crypto #Update
Upbit restricts crypto trading for employees, blood relatives, and executives ahead of the Virtual Asset User Protection Act (VAUPA) on July 19. The exchange’s transparency report includes measures against insider trading and price manipulation. This move aims to ensure user safety and market stability. #CryptoRegulation
Akshay Nassa, CEO of Chimp Exchange, predicts decentralized exchanges (DEXs) could surpass centralized exchanges (CEXs) like @Binance and @Coinbase within five years, thanks to advancements in security and scalability. #Crypto #Update
Russia’s Ministry of Finance plans to allow stock exchanges to trade cryptocurrencies for “highly qualified” investors. This move aims to regulate crypto for cross-border payments, with the Bank of Russia considering stablecoin use for international trades. #CryptoNews
? The U.S. Marshals Service partners with @Coinbase to manage and trade large-cap digital assets. This move highlights USMS’s commitment to secure crypto management and boosts market confidence. Coinbase Prime was chosen for its top-tier security. #CryptoNews #Update