WazirX moves to Panama, parent firm rebrands to Zensui

India-serving but Singapore-based crypto exchange WazirX is moving its operations to Panama after local courts declined to approve the firm’s restructuring plan. In an email sent to its users, WazirX shared recent redacted legal documents outlining the move. One of the documents revealed that WazirX’s parent company, Zettai, will move to Panama and rebrand. “Zettai … Read more

SEC Chair Prioritizes Crypto—Trading, Custody, Issuance Rules Incoming

The SEC chair is fast-tracking a comprehensive regulatory overhaul for crypto, aiming to legitimize markets, eliminate fraud, and unlock massive innovation across the digital asset space. SEC Chair Fast-Tracks Crypto — Key Rules Are Coming U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins placed the regulation of digital assets at the forefront of … Read more

Russia Moscow Exchange Launches Bitcoin Futures Trading As Institutional Demand Grows

Russia’s Moscow Exchange is introducing trading in Bitcoin futures for qualified investors under the IBIT ticker. The contracts are denominated in U.S. dollars but are settled in rubles and do not permit physical delivery of Bitcoin. While the public is not allowed to directly own crypto, Russia provides institutional access to crypto-linked products. Bitcoin futures … Read more

JPMorgan Will Now Let Clients Borrow Against Bitcoin ETFs

JPMorgan is finally giving Bitcoin a bit more credit, literally. The banking giant has started allowing select clients to use spot Bitcoin ETFs as collateral for loans. The Bitcoin ETF loan program is designed for high-net-worth individuals and institutions looking for flexible credit solutions. A Conservative Embrace of Crypto This move doesn’t mean JPMorgan is … Read more

Crypto.com sues Nevada regulator over block on sport event contracts

The derivatives arm of crypto exchange Crypto.com has sued the Nevada gaming and gambling regulator over its restriction on the trading of sporting event contracts. North American Derivatives Exchange, Inc., which does business as Crypto.com’s North American derivatives business, sued the Nevada Gaming Control Board (NGCB) in the state’s federal court on June 3, claiming … Read more

SEC Chair Prioritizes Crypto—Trading, Custody, Issuance Rules Incoming

The SEC chair is fast-tracking a comprehensive regulatory overhaul for crypto, aiming to legitimize markets, eliminate fraud, and unlock massive innovation across the digital asset space. SEC Chair Fast-Tracks Crypto — Key Rules Are Coming U.S. Securities and Exchange Commission (SEC) Chairman Paul S. Atkins placed the regulation of digital assets at the forefront of … Read more

Price Slips Further, Investors on Edge

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance … Read more