As a regulated US financial services company based in New York City, itBit is focused on meeting the sophisticated needs of institutions, active traders and other bitcoin trading professionals.
The stablecoin issuer said the regulatory approval would help support its partners in expanding services into Asia.
Dudas will start Feb. 9 as head of stablecoin business development at Paxos, according to a staff memo obtained by CoinDesk.
Daily crypto volume on payments giant PayPal have surged to record highs above $240 million.
Bitcoin dipped Monday as some liquidations took hold while Ethereum 2.0 dynamics have influenced the amount of ether locked in DeFi.
New York has instituted a three-strike rule for BitLicense applicants, the Sovrin Foundation cut staff and Aussies can now buy BTC at their post office.
Even in super liquid cryptocurrency markets, such as USD and bitcoin trading pairs, the size and spreads of exchange order books can vary markedly.
While some exchanges left New York in the wake of its implementing the BitLicense, others say the regulatory regime have helped build market share and …
A frenzied period for major exchanges produces unusual phenomena and huge volumes, while Coinbase bows out.
Coinbase fails to get the top CryptoCompare rank among exchanges due to a 2019 flash crash