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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...

October 18, 2024
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...

October 14, 2024
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)...

October 10, 2024
- 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...

October 10, 2024
MultiBank receives crypto exchange license from Dubai's virtual asset regulator

MultiBank receives crypto exchange license from Dubai’s regulator

MultiBank Group, a financial traditional derivatives institution worldwide headquartered in Dubai, has received a full VASP license for broker and...

October 10, 2024
Wio Securities in UAE to offer virtual assets as investment options in partnership with Fuze

Wio Securities in UAE to offer virtual assets as investment options in partnership with Fuze

Wio Securities a digital investment platform, with a presence in the UAE has announced that it is expanding its offerings...

October 9, 2024
Tether holdings of U.S. treasury bills surpasses that of UAE

Tether holdings of U.S. treasury bills surpasses that of UAE

Tether stablecoin on its 10th anniversary announced that it was one of the top 20 largest buyers of U.S. Treasury...

October 9, 2024
The National Bank of Bahrain launches first Bitcoin Linked structured investment in GCC

The National Bank of Bahrain launches first Bitcoin Linked structured investment in GCC

The National Bank of Bahrain (NBB) has launched the GCC’s first Bitcoin-linked Structured Investment, in partnership with ARP Digital which provides...

October 7, 2024
Crystal Intelligence to provide UAE BitOasis crypto broker with AML and monitoring solutions

Crystal Intelligence to provide UAE BitOasis crypto broker with AML and monitoring solutions

Crystal Intelligence, blockchain analytics, compliance, and risk monitoring firm has partnered with UAE crypto broker BitOasis to offer Crystal’s cutting-edge...

October 7, 2024
Phoenix Group UAE crypto entity Founder steps down

UAE Phoenix Group launches 20 Megawatt digital asset mining facility in Canada

Phoenix Group PLC (PHX), a leading multi-billion-dollar blockchain and crypto mining conglomerate listed on the Abu Dhabi Securities Exchange (ADX),...

October 6, 2024
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