Derivatives in Crypto, Explained

From mitigating risks to gaining on price difference: A multifaceted world of financial derivatives and their application in crypto, reviewed. Are there any downsides of trading crypto derivatives? All trading strategies related to price fluctuations imply a certain level of risk, especially combined with the lack of relevant regulation for the crypto derivatives sector.  When […]

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Metropolitan Commercial Bank Requests That Tether Close Its Accounts

New York-based Metropolitan Commercial Bank has requested that stablecoin issuer Tether close its accounts with the bank. New York-based Metropolitan Commercial Bank has requested that stablecoin issuer Tether close its accounts with the bank, technology-focused news outlet Coindesk reported on July 10. Tether and its affiliated companies have reportedly had accounts with Metropolitan Commercial Bank […]

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Binance Expands Fiat Trading Pairs for Singapore Exchange

Major cryptocurrency exchange Binance announced the expansion of its fiat-enabled trading platform in Singapore. Major cryptocurrency exchange Binance announced the expansion of its fiat-enabled trading platform in Singapore in a press release shared with Cointelegraph on July 10. Binance Singapore has been first launched in April, but with limited functionalities and only one trading pair. […]

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Coinbase Looks to Launch a Captive Insurance Company With Aon: Report

Major United States-based cryptocurrency exchange Coinbase is reportedly looking to launch a captive insurance company. United States’ biggest cryptocurrency exchange, Coinbase, is reportedly looking to launch a captive insurance company, industry news outlet Coindesk reports on July 10. Per the report, industry sources told the outlet that Coinbase is looking to launch its captive insurance […]

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