Cryptocurrency Derivatives Series: OKEx Schedules ‘Go-Live’ date For USDT Perpetual Swap Trading, Unveils Ethereum Classic and XRP Futures
Crypto Technicals: LTC/USD trades with bearish bias, breach at trendline support (42.50) will see drag till 88.6% Fib (36.29)
The top ranking education systems in the world aren't there by accident. Here's how Australia can climb up
Regulatory Series on Cryptocurrencies: ABX obtains primary consent from UAE regulators for crypto exchange and custodial operations
Of late, the regulatory approach across the globe is getting meticulous day by day, we constantly kept reiterating that the U.S. SEC’s rigid approach on the crypto regulation has prolonged while having embraced the crypto-markets even while fighting to fend off fraud.
But for this time in UAE region, Arabian Bourse (ABX), an establishment under Abu Dhabi Global Market (ADGM), stated that it has unveiled crypto asset exchange and custodian initiative to concentrate on institutional and retail traders across the globe, as per the gulf news reports.
The United Arab Emirates-based crypto asset exchange and custodian Arabian Bourse (ABX) which happens to be a joint venture between GMEX Group and Arshad Khan, seems to have received initial regulatory approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM).
GMEX Group is a set of firms offering multi-asset exchange trading, post-trade infrastructure, and business and technology solutions. Whereas the Arabian Bourse project established together with regional exchanges founder Arshad Khan intends to serve as a compliant, fully-regulated crypto asset exchange and custodian with a focus on international institutional and retail traders.
Currency Strength Index: FxWirePro's hourly USD spot index is inching towards 75 levels (which is bullish), while hourly BTC spot index was at -160 (highly bearish) while articulating (at 12:29 GMT).
For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex
Tesla Cybertruck update: Is Elon Musk's futuristic pickup truck joining the 'Cyberpunk 2077' vehicle lineup?