Cryptocurrency exchange itBit says it has received approval from the New York State Department of Financial Services (NYDFS) to add four major cryptocurrencies to its trading and custody services.
In addition to bitcoin, itBit will now offer custody, escrow and over-the-counter (OTC) trading services for bitcoin cash (BCH), ethereum (ETH), litecoin (LTC) and stellar lumens (XLM), with platform exchange trading to follow, according to a press release.
“We are committed to the growth and evolution of this ecosystem,” said Charles Cascarilla, CEO and co-founder of itBit.
In a rebrand back in 2016, the company shifted to the name Paxos, while the itBit brand was kept solely for its exchange business.
ItBit still operates as a separate division from others that take a focus on advancing private blockchain projects such as Bankchain.
itBit, a bitcoin and crypto trading service built for institutions and trading professionals today announced that it now offers expanded regulated trading and custody services for Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) and Stellar Lumens (XLM).
The company will begin offering custody, escrow, OTC trading, and exchange services for BCH, ETH, LTC, and XLM, in addition to its existing BTC offerings. Japan Confirms Entrance Into the Crypto Space Approval by the NYDFS Itbit announced on Thursday, June 14, that it will start offering several new products based on cryptocurrencies other than
Formerly Bitcoin (BTC)-only exchange itBit has received approval from the New York State Department of Financial Services (NYDFS) to add trading in four new cryptocurrencies, according to a press release shared with Cointelegraph June 14.
Regulated cryptocurrency exchange Itbit announced today that it has received approval from the New York State Department of Financial Services to add more cryptocurrencies to its product offerings.
On January 30, 2025, MicroStrategy, a firm famous for its Bitcoin acquisitions, unveiled the pricing of its preferred stock offering (STRK). The firm will issue 7. 3 million shares at $80 per share, equating to a total raise of around $584 million.
Unlike many mid-cap altcoins, Cardano’s ADA is still within a buying range despite posting notable losses in the past weeks. It now trades near a crucial support, where the next market phase will be determined.
B2TRADER, the multi-asset, multi-market trading platform trusted by brokers worldwide, has just released version 2. 2. This update brings several fresh capabilities designed to elevate the broker experience.
The stablecoin Ripple USD (RLUSD) surpassed $3. 02 trillion in total trading activity just over a month after its debut on centralized exchanges, according to a CCData report. In January alone, RLUSD recorded $2.
CME Group announced on Jan. 29 that it would introduce options on its Bitcoin (BTC) Friday futures. The new contracts will launch on Feb. 24. According to the announcement, the contracts are CME’s first financially settled crypto options product, although they are still pending regulatory approval.
Aerodrome Finance suspended two contributors following allegations of insider trading during the launch of Venice’s VVV token. The decision came after an internal investigation was initiated just 30 minutes after suspicious trading activity was detected. Aerodrome Finance (AERO) is a…
2024 will be a year to remember for the crypto market. With Bitcoin breaking the $100k mark, many altcoins followed the king of cryptocurrencies and made it to the list of best performing cryptocurrencies.
