EU and OKX Navigate Bitcoin Markets: Enhancements and Delistings in the Crypto Landscape
by aria-crypto.com
March 13, 2025 at 08:48
EU and OKX Navigate Bitcoin Markets: Enhancements and Delistings in the Crypto Landscape
OKX, a leader in the cryptocurrency exchange market, recently secured a MiFID II license to operate across the European Union, enhancing its offerings, particularly in derivatives for institutional clients. This marks yet another strategic compliance achievement following their previous MiCA license, allowing them to expand operations across Europe with a plethora of financial instruments. These developments demonstrate OKX's significant role in the EU's evolving regulatory framework and its commitment to maintaining high security and transparency standards. Conversely, OKX plans to delist several altcoins due to factors like poor market performance and liquidity issues, affecting trading pairs such as XR/USDT, GOAL/USDT, and others on March 20, 2025. Users must cancel active orders before the delisting to avoid automatic cancellations by the system, with withdrawals for the affected tokens ceasing in June. Through these regulatory and operational strategies, OKX is not only expanding its market presence but also refining its service offerings to better meet the needs of its users and comply with regulatory standards.
Read more
>> Bitcoin and Ethereum Market Realignments: 21Shares Concludes Operations of ARKC and ARKY ETFs
21Shares has decided to liquidate two of its exchange-traded funds (ETFs) dealing with bitcoin and ether futures, named ARKC and ARKY, in response to a broader market downturn and poor fund performance. The tar...
2 hours ago
>> Cardano and Natural Gas Futures Set to Broaden Coinbase's Market Horizons
Coinbase is poised to expand its product line by introducing futures contracts for Cardano (ADA) and Natural Gas (NGS), pending regulatory approval from the U.S. Commodity Futures Trading Commission (CFTC). Thi...
4 hours ago
>> BlackRock's Strategic $25 Million Investment in Bitcoin Signals Market Confidence
BlackRock, the world's largest asset manager, has significantly bolstered its Bitcoin holdings, purchasing $25 million worth of Bitcoin through Coinbase Prime. This investment has brought BlackRock's total Bitc...
4 hours ago
>> US Judge Approves Monumental Claim Increase for Three Arrows Capital in FTX Bankruptcy Case
A US judge has approved a significant expansion of Three Arrows Capital's (3AC) claim against the now-bankrupt cryptocurrency exchange FTX, elevating the claim to $1.53 billion. This decision marks a substantia...
9 hours ago
>> US Authority Tightens Grip on Crypto with New Strategic Reserves and Legislation
United States authorities are taking significant strides in integrating cryptocurrencies into national strategic reserves, signaling a stronger regulatory and legal framework surrounding digital assets. Recentl...
12 hours ago
>> SEC and Ripple Nearing Settlement: Potential Impacts on XRP's Future
The SEC's long-standing lawsuit with Ripple might be nearing an end, generating both excitement and anxiety within the XRP community under the more crypto-friendly Trump administration. Legal experts suggest th...
12 hours ago
>> Binance and Stablecoin Controversy: Bloomberg Faces Pushback from WLFI
World Liberty Financial has publicly refuted a Bloomberg article that claimed discussions with Binance about a potential U.S. dollar-backed stablecoin. The controversy stems from a report suggesting that WLFI, ...
14 hours ago
>> Court Sentences Crypto Personality to Prison Over Multi-Million Dollar Fraud
In a significant ruling, a federal court sentenced Brooklyn-based podcaster and crypto personality, Thomas John Sfraga, known as "TJ Stone," to 45 months in prison for orchestrating a wire fraud scheme involvin...
>> Bloomberg's McGlone Predicts Steep Bitcoin Plunge Amid Rising Gold Interest
Bloomberg analyst Mike McGlone warns that Bitcoin could plummet to $10,000, marking an 88% decline from current levels, as investor preference shifts from cryptocurrencies to gold. McGlone suggests that Bitcoin...
a day ago
>> UK Bitcoin Controversy: NCA Officer Faces Charges in High-Profile Theft Case
A UK National Crime Agency (NCA) officer, Paul Chowles, has been charged with the alleged theft of 50 Bitcoin in 2017, valued then at around $75,000 but now worth over $4.2 million. The Crown Prosecution Servic...
a day ago
All the latest crypto news in one place
Stay informed and up-to-date on the market's latest news with our Terminal's News Aggregator with curated news articles and analysis from over 50 sources, including the crypto's biggest publications.
Launch Terminal
