Trading

The Finance Ministry has announced an exemption of value-added tax (VAT) on digital asset trading to boost Thailand’s status as a digital asset hub. It’s another good sign that a country is taking the commitment to innovations seriously, building an enabling environment for the fast-growing cryptocurrency sector. Thailand has been conspicuously growing on the cryptocurrency […]

Crypto exchange Coinbase revealed plans to offer crypto-linked derivatives in the European Union (EU) market. Coinbase said it has entered into an agreement to acquire the Cyprus-based entity, which holds a Markets in Financial Instruments Directive 2014 (MiFID II) license. The acquisition is subject to regulatory approval, and Coinbase expects the deal to close later […]

The Central Bank of Nigeria (CBN) has officially lifted restrictions on Nigerian banks facilitating cryptocurrency transactions. This move comes nearly two years after the CBN imposed a comprehensive ban on banks engaging with digital currencies. In a circular sent to banks on Dec. 22, the CBN acknowledged that the increasing global demand and acceptance of […]

Global web3 technology company OKX has launched its crypto exchange and Web3 wallet platform in Brazil, aiming to provide Brazilian users with a secure gateway to decentralized finance (DeFi) and crypto trading. The move comes as the South American nation continues to make significant progress in crypto adoption and cements itself as one of the […]

On October 5, the Canadian Securities Administrators (CSA) issued guidance to crypto asset trading platforms on its interim approach to the trading of value-referenced crypto assets (stablecoins). The CSA revealed that it may allow continued trading of stablecoins under specific terms and conditions. In February, the agency announced that stablecoins “may constitute securities and/or derivatives,” […]