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HKbitEX Receives Provisional Approval for Virtual Asset Trading Platform License in Hong Kong
bitx

HKbitEX Receives Provisional Approval for Virtual Asset Trading Platform License in Hong Kong

HKbitEX, a subsidiary of Tykhe Capital, has been granted a Type 1 regulated activity license and a Type 7 regulated activity license for its virtual asset trading platform, making it the first fully licensed digital financial group under the new licensing regime. This marks HKbitEX's commitment to regulatory compliance and investor protection.

Huobi Global Acquires Bitex To Expand Latin America in Market Share
bitx

Huobi Global Acquires Bitex To Expand Latin America in Market Share

Huobi Global is looking to expand its portfolio and strengthen its presence in Latin America following its acquisition of Bitex crypto exchange.

Binance Has Enabled Iranians Transact $8 Billion Despite Sanctions
bitx

Binance Has Enabled Iranians Transact $8 Billion Despite Sanctions

Since 2018, crypto exchange Binance has carried out Iranian transactions worth $8 billion despite being slapped with U.S. sanctions

7 Steps in Luno: How to Convert Your USD to Nigerian Naira Using Bitcoin
bitx

7 Steps in Luno: How to Convert Your USD to Nigerian Naira Using Bitcoin

This newly found interest also explains the recent increase in the number of exchange platforms that have been springing up to meet this growing demand for liquidity within this space. Some platforms where Nigerians can receive funds in dollars or Bitcoin and convert to Naira has been seen as a way out of the too many constraints fiat presents.

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