Bankrupt crypto exchange FTX's plans to sell its digital currency futures and clearinghouse LedgerX, among other businesses, were challenged by the U.S. Trustee on...

It has been a long week for the FTX empire as its founder Sam Bankman-Fried was imprisoned in the Bahamas and...

Insolvent crypto exchange FTX is seeking permission to sell some of its recently acquired subsidiaries, including LedgerX, FTX Japan and FTX Europe.In a motion...

Attorneys representing FTX exchange are requesting permission from the U.S. bankruptcy court to sell four of the company’s branches: FTX Japan, FTX Europe, stock-clearing...

Dubai’s Virtual Asset Regulatory Authority has licensed two cryptocurrency exchanges: Binance and FTX. The regulator was formed last week when Dubai approved its first law to regulate crypto assets. Dubai Licenses Binance and FTX Cryptocurrency exchanges FTX and Binance have been licensed by Dubai’s Virtual Asset Regulatory Authority (VARA). The regulator was established last week […]

Exchanges FTX and Binance acquire licenses in the Middle East after getting regulatory approval from Dubai and Bahrain so let’s read more in today’s latest cryptocurrency news. Crypto exchanges FTX and Binance announced they acquired new licenses to operate in Dubai and Bahrain. FTX’s European Affiliate – FTX Europe and MENA announced that they acquired […]

Blockchain data analysis platform Chainalysis has launched a set of free sanction screening tools. Meanwhile, lawmakers in the US take aim at China's digital yuan, or e-CNY, while Russian sanctions begin to highlight issues with financial sovereignty as hundreds of thousands of Russian and Ukrainian civilians are caught in the financial crossfire.

Crypto exchange FTX Europe partnered with Tomorrowland to bring NFT and Web3 opportunities to music fans.

In a recent announcement made by its CEO, FTX, one of the top and fastest-growing cryptocurrency exchange companies in the world, announced a cryptocurrency payment partnership with Stripe, a technology company that is creating financial infrastructure for the internet and whose primary products are payment processing software and application programming interfaces (APIs) for e-commerce websites and mobile apps. In addition to handling cryptocurrency payments and processing funds for customers who deposit into their FTX account using Stripe, the cryptocurrency company hopes to provide a streamlined onboarding and identity verification procedure for new users looking to join its exchange. Tristan Yver, the Head of Strategy at FTX, said, “We want FTX to become a trusted mainstream brand. We’ve partnered with Stripe to help us transform what could be unintuitive crypto experiences into ones that exceed consumer expectations,”. Providing a More Convenient Payment Experience for Cryptocurrency Buyers For consumers who wish to acquire cryptocurrency using debit cards and bank transfers, FTX established a new payments arrangement with Stripe in a matter of days using the Stripe platform. The crypto exchange company intends to reduce fraud risk by using Stripe Radar, which uses machine learning models to monitor signals such as client data and billing information in order to identify fraudsters from legal consumers, among other things. A smooth onboarding and identity verification flow have also been developed by FTX with the help of Stripe Identity, which is a significant improvement over the prior identity verification procedure, which could take as long as a week. The news comes shortly after FTX’s announcement of its expansion into the European economy through its European subsidiary, FTX Europe, by partnering with Tomorrowland, one of the world’s major music festivals, to capitalize on Web3, blockchain technology, and cryptocurrency payments. Users in the European Economic Area will be able to access FTX’s innovative products, including industry-leading derivatives, options, and volatility products, tokenized stocks, and other services and products.

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The expansion into Europe is a timely one for FTX, which launched its US subsidiary business two years ago. (Read More)

The global crypto derivative FTX extends its exchange services in Europe.  FTX receives the legal license from the CySEC Authorities.

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Binance is making headlines again, but not thanks to its usual regulatory woes. The crypto exchange giant announced the launch of Bifinity, a payment tech company, and Binance’s “official fiat-to-crypto payments provider.” This admittedly looks like a standard industry update, but in reality, the new company is a huge litmus test for the controversial crypto exchange […]