World's largest cryptocurrency exchange, Binance, and Abu Dhabi-based AI and advanced technology investor, MGX, have announced a landmark $2 billion investment.
Here are the latest updates from the crypto world
World's largest cryptocurrency exchange, Binance, and Abu Dhabi-based AI and advanced technology investor, MGX, have announced a landmark $2 billion investment.
According to the Binance blogpost, this transaction marks an important step in advancing digital asset adoption and reinforcing blockchain’s role in global finance. It is also the largest investment ever paid in crypto (stablecoin).
With this partnership, MGX aims to enable innovation at the intersection of AI, blockchain technology and finance.
As per the CoinMarketCap report, there are 466 cryptocurrencies currently available on Binance. As Cointelegraph recently reported, the exchange is considering quality control changes to its listing process following the explosion of altcoins over the past year.
OKX, a cryptocurrency exchange has attained a key European Union license which will enable the company to offer derivatives products throughout the region, potentially opening the door to a more advanced segment of the trading community.
In an announcement on March 12, Erald Ghoos, OKX’s Europe CEO, confirmed that the exchange has obtained a Markets in Financial Instruments Directive (MiFID II) license. This license will allow OKX to launch derivatives trading products for institutional investors across the EU.
This announcement comes less than two months after OKX secured a preauthorization under the Markets in Crypto-Assets (MiCA) framework.
The ruling on whether or not to permit Cboe BZX Exchange to list options tied to asset manager Fidelity’s Ether ETH$1,891 exchange-traded fund (ETFs) has been postponed by the US Securities and Exchange Commission.
According to a March 12, SEC filing. The agency has given itself until May 14 to approve or disapprove of Cboe BZX’s request to list options tied to Fidelity Ethereum Fund (FETH).
The filing said, Cboe BZX initially requested to list options on Fidelity’s Ether ETFs in January.