OKX to use Standard Chartered for crypto custody

OKX to use Standard Chartered for crypto custody

OKX, cryptocurrency exchange and global onchain technology company, will be utilizing Standard Chartered, cross-border bank connecting the world's most dynamic markets, as a third-party crypto... Details
UAE, Argentina, and Ethiopia mine Bitcoin using government resources

UAE, Argentina, and Ethiopia mine Bitcoin using government resources

Matthew Sigel, Head of Digital Assets Research at VanEck Investment firm speaking on CNBC SquakBox noted that three new BRIC members, Argentina, UAE, and Ethiopia... Details
UAE source of a significant amount of crypto trading for Brevan Howard

UAE a source of significant amount of crypto trading for Brevan Howard

 During the AIM Conference in Dubai, Brevan Howard a global hedge fund management fund which recently opened its offices in Abu Dhabi UAE noted that... Details
Crypto.com and Bahrain BENEFIT explore digital asset payment integration

Crypto.com and Bahrain BENEFIT explore digital asset payment integration

Crypto.com and Bahrain based BENEFIT, a FinTech and electronic financial transactions services have signed an MOU ( Memorandum of Understanding) which aims at discussing combining... Details
M2 Crypto exchange in Abu Dhabi gets new CEO in just two years

M2 Crypto exchange in Abu Dhabi gets new CEO in just two years

Stefan Kimmel, the CEO of M2, regulated crypto exchange out of Abu Dhabi UAE, has moved on to a board position and has been replaced... Details
Revolut hires Ambareen Musa as CEO of UAE entity

Revolut hires Ambareen Musa as CEO of UAE entity

After news that Revolut whose global mission is for every person and business to do all things money — spending, saving, investing, borrowing, managing, and... Details
African Stablecoin on and off ramp solution provider, Yellow Card raises $33 million

African Stablecoin on and off ramp solution provider, Yellow Card raises $33 million

Yellow Card (https://YellowCard.io), the first licensed Stablecoin on/off ramp on the African continent, has closed its Series C financing. The US $33 million equity financing... Details
AED Stablecoin beats Tether to it and receives UAE Central Bank in principle approval

AED Stablecoin beats Tether to it and receives UAE Central Bank in principle approval

AED Stablecoin LLC announced that the Central Bank of UAE has provided it with in principle approval to launch and establish its own stablecoin, AE... Details
GCC Egovernment Ministerial Committee approves Qatar's digital asset framework

GCC Electronic Government Ministerial Committee approves Qatar’s digital asset framework

During the 8th GCC eGovernment Ministerial Committee meeting held in Qatar, which discussed the launch of eGovernment Guidance Strategy (2024-2030) as well as approving the... Details
- GCEX (GCEX Group), a leading regulated digital prime brokerage renowned for providing brokers, funds and professional traders with access to deep liquidity, has announced the launch of its enhanced market data feed solution covering all supported product underliers. This expansive offering includes Equity Index CFDs, Energy CFDs, Commodity CFDs, Crypto CFDs, Spot Crypto, Spot FX and Bullion, providing clients with unrestricted access to real-time market data. The new data feed from the firm, which is regulated as a Virtual Asset Service Provider (VASP) by VARA, allows for seamless redistribution to clients, enhancing flexibility and connectivity for brokers, hedge funds, and professional traders. While the product complements GCEX's industry-leading brokerage services, there is no obligation to open a trading account. Additionally, the cost of the data can be offset against trading commissions across any product, offering exceptional value to active market participants. In tandem with this, GCEX has announced the release of its improved CFD product, offering market-leading spreads that set new industry standards. The enhanced CFD product offers market-leading spreads on major indices and commodities, including DAX 30 with target spread of 0.45, US 30 with target spread of 0.9 and US and UK Oil with target spread of 0.01 among many others. "At GCEX, our mission is to empower clients with unparalleled trading solutions," said Lars Holst, Founder and CEO of GCEX. "The release of our comprehensive market data feed and competitive CFD product is a testament to our commitment to innovation and client-centric services. We understand the critical role that timely and accurate market data together with market-leading spreads play in trading strategies, and we're excited to provide these solutions." This launch marks another significant milestone in GCEX's continuous efforts to enhance its full-service offering, which combines access to deep liquidity on digital assets and FX, alongside spot trading and conversion of digital assets, and now, unrestricted access to essential market data. The company also offers a comprehensive range of Forex brokerage and crypto-native technology solutions under its XplorDigital suite. XplorDigital features innovative plug-and-play solutions, 'Crypto in a Box' and 'Broker in a Box' which encompass technology-agnostic platforms addressing regulation while covering regulated custody solutions, staking solutions, safety of funds, tier 1 and deep liquidity, connectivity to the biggest price makers, advanced risk management, and innovative technology partnerships. Headquartered in London, with multiple offices across the globe, GCEX is regulated by the UK's FCA, registered with the Danish FSA as a VASP and currency exchange and has been granted a Virtual Asset Service Provider license by the Dubai Virtual Assets Regulatory Authority. True Global Ventures are investors in GCEX.

GCEX licensed in UAE has launched enhanced market data feed solution

GCEX (GCEX Group), a UAE VARA regulated digital prime brokerage renowned for providing brokers, funds and professional traders with access to deep liquidity, has announced... Details