FTX US to launch stock trading against stablecoins
FTX Stocks will allow retail investors to fund their accounts with fiat-backed stablecoins like USD Coin via the FTX US crypto exchange. Major cryptocurrency exchange FTX is moving into equity trading, with its United States-based subsidiary FTX US launching a stock trading platform.West Realm Shires Services, the owner and operator of FTX US, announced on May 19 the upcoming launch of FTX Stocks, a stock trading service offered directly through the FTX US trading app.The new stock trading platform will feature trading and investing in hundreds of U.S. exchange-listed shares, including....
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As demand has spiked all across the cryptocurrency board, especially stablecoins, leading spot and derivatives trading platform OKEx has announced support for two of the most market’s most popular stablecoins on the Algorand protocol. The move is in response to users searching for more options related to stablecoins and alternative protocols to avoid rising transaction fees. OKEx Introduces USDTa and USDCa, Coming In Days The Bitcoin market has been booming over the last twelve months, […]
The Stock Exchange of Thailand is getting ready to launch a digital asset exchange. The president of the Thai bourse expects the country’s crypto regulator, the Thai Securities and Exchange Commission (SEC), to approve the launch “very soon.” Stock Exchange of Thailand Prepares to Launch a Digital Asset Exchange The president of the Stock Exchange of Thailand (SET), Dr. Pakorn Peetathawatchai, discussed the SET’s upcoming digital asset exchange in an interview with Bloomberg, published Sunday. He explained: We expect that our regulator, the SEC, will give an....
The Stock Exchange of Thailand (SET), the country’s national stock exchange is reportedly launching a blockchain-based marketplace for trading in startups later this year. According to a report by the Bangkok Post, the blockchain-based marketplace will have no restrictions on trading units, allowing startups to gain access to funding from venture capital funds or angel investors. The Market for Alternative Investment (MAI), the stock exchange that serves smaller companies and startups, only allows for trading in board lots, or units of 100. The same restrictions are also seen in the SET....
Following the launch of the first ever Bitcoin exchange-traded fund (ETF), Microstrategy’s stock took a hit. This may show that investors would prefer to get BTC exposure through the ETF rather than the tech company’s stock. Microstrategy’s Stock Drops 2% In Response To Bitcoin ETF Launch As reported by Bloomberg, the tech firm’s stock had […]
On March 17, a report detailed that the digital exchange being developed by Switzerland’s principal stock exchange SIX is preparing to launch by the summer of 2021. The exchange called SIX Digital Exchange (SDX) reportedly will also offer bitcoin, alongside the possibility of non-fungible token (NFT) assets like tokenized works of art. SIX to Launch SDX by the Summer, Bitcoin to be Listed on the SIX Digital Exchange The exchange SIX based in Zurich is Switzerland’s most popular stock exchange that allows people to trade stock options, derivatives, Swiss government bonds, and....