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Interactive Brokers Brings Crypto Trading to UK Customers

Interactive Brokers (Nasdaq: IBKR) has expanded its offerings on its platform in the United Kingdom by launching cryptocurrency trading. Investors, both individuals and institutional, onboarded under the brokerage's UK entity can now trade four cryptocurrencies: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.Expansion of Crypto TradingAnnounced today...

Wed May 15, 2024 14:18
Robinhood Bets Big on Crypto in Europe: Launches Staking

Although Robinhood may face enforcement actions in the United States for its cryptocurrency offerings, it is expanding its services in Europe further. Today (Wednesday), the brokerage has announced its first crypto staking services for Solana holders, which will be available only to its customers in Europe.Robinhood's First Crypto Staking ServiceApart...

Wed May 15, 2024 12:16
Tornado Cash Developer Fails to Mix Himself Out of 64-Month Prison Sentence

The Oost-Brabant district court in the Netherlands has sentenced Alexey Pertsev, co-developer of the popular cryptocurrency mixing tool Tornado Cash, to 64 months in prison for his role in creating and maintaining the platform. The court alleges that Tornado Cash enables "criminal activity and terrorism" by concealing the origin, destination and...

Wed May 15, 2024 09:13
UK Firm Offered “100 Certy” Crypto Investment Advice; Gets Wind-up Order

A court in the United Kingdom has ordered the winding up of Amey Finance Academy, which offered cryptocurrency investment advice, after many of its customers lost their money. The company even had ties with a $1.7 billion crypto Ponzi scheme and told one of its customers that its advice was “100 certy” and “trust me bro.”A Shutdown Order by the CourtThe...

Wed May 15, 2024 09:13
Paxos Appoints Former CFTC Chairman J. Christopher Giancarlo to Board

Paxos, a regulated blockchain and tokenization infrastructure platform, announced today the appointment of J. Christopher Giancarlo, former Chairman of the US Commodity Futures Trading Commission (CFTC), to its board of directors.Paxos Scores Regulatory Heavyweight from CFTCGiancarlo, a respected figure in the financial services industry and a...

Tue May 14, 2024 16:59
Crypto Exchange Spot Volumes Plunge 60% Post BTC Halving

After a record-breaking March driven by equally impressive Bitcoin (BTC) performance, spot volumes on the top 10 cryptocurrency exchanges dropped by more than 60% in April. According to a benchmark by Finance Magnates Intelligence, their trading volume fell from $2.1 trillion in March to just under $1.3 trillion in April.Cryptocurrency Exchange...

Tue May 14, 2024 14:58

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