The Official Trump token is feeling the heat after the former president confessed he doesn’t know much about it. But why should he?
UAE crypto firm caught in wash trading
CLS Global, a financial services firm based in the UAE, has found itself in hot water after admitting to some shady trading practices on Uniswap.
Get ready for an “insane bubble” in crypto
Economist Henrik Zeberg is making some big predictions about the future of memecoins and the entire crypto market.
Driving Innovation with Compliance: Bitget’s Vision for the Future of Crypto Derivatives
Like TradFi derivatives, crypto derivatives improve price discovery, risk management, and liquidity.
While crypto derivatives are increasingly accepted in Dubai and Bermuda, many other jurisdictions restrict them.
This inconsistency limits users from fully benefiting from risk diversification and market efficiency.
As a leading crypto exchange, Bitget meets user needs while complying with regulations. More transparent and balanced regulations are required to promote innovation without compromising investor protection.
The industry needs clarity on high-risk derivative products and “professional clients” eligible for them.
Dubai, Bermuda, and others have shown that well-regulated derivatives markets improve market integrity and efficiency.
Bitget aims to lead this changing regulatory landscape by expanding globally while adhering to regional standards with a UK FCA compliant platform, a Bitcoin Service Provider (BSP) license in El Salvador, and VASP licenses in Bulgaria, Poland, and Lithuania.
Bitget is progressing to become one of the most regulated and trusted exchanges, with over 15 active applications in various jurisdictions worldwide.
The CEX ecosystem is bound to indulge masses in the crypto space with the highest compliance and security standards.
Hon Ng, Chief Legal Officer at Bitget
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
Big changes in the Ethereum Foundation
Co-founder Vitalik Buterin is leading the charge in the Ethereum Foundation, as after nearly a year of planning, the EF is revamping its leadership to boost efficiency, enhance technical know-how, and better align with the needs of the Ethereum community.
Coinbase users asking inconvenient questions over Solana withdrawal issues
Coinbase users are venting their frustrations online about some serious delays in withdrawing their Solana tokens from the exchange.
Trump appoints pro-crypto Mark Uyeda as acting SEC Chair
Donald Trump has appointed Mark Uyeda as the acting chair of the Securities and Exchange Commission, stepping in for Gary Gensler, who just resigned.
Trump’s crypto plans: CBDC ban on the horizon?
Rumor has it that Donald Trump is gearing up to sign an executive order to ban the U.S. Central Bank Digital Currency, also known as the Digital Dollar.
Balancing Innovation and Regulation: The Impact of Trump’s Push for Crypto-TradFi Integration
Donald Trump’s efforts to integrate traditional finance with cryptocurrencies could potentially transform the financial landscape by driving institutional adoption and fostering innovation in financial services.
This convergence may enhance the legitimacy of cryptocurrencies, paving the way for the development of financial products such as ETFs and tokenized assets.
However, it also introduces challenges, including higher compliance costs, heightened security concerns, and the persistent issue of managing market volatility.
Regulatory clarity in this context could act as a catalyst for market growth, offering a stable framework for crypto businesses and attracting broader market participation, which may help stabilize cryptocurrency markets.
At the same time, increased regulatory oversight could place pressure on smaller or less compliant entities, potentially reshaping the competitive landscape.
The ultimate impact of this convergence will depend on how well policymakers balance the need for robust regulation with the imperative to support innovation.
Achieving this balance will be critical to bolstering investor confidence and shaping the dynamics of a rapidly evolving market.
Ryan Lee, Chief Analyst at Bitget Research
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
$9.15 million ENS deposit sends Ethereum Name Service to the spotlight
A whale just deposited 282,365 ENS tokens, valued at $9.15 million, into Binance through an intermediary wallet.
