Crypto Exchanges Adapt Business Strategies Amid Evolving Global Regulations
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Kraken reportedly plans to offer stock and ETF trading in the US and UK through a new division called Kraken Securities. This would require licensing from regulators.
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Gemini is investing $24 million to expand its development center in India, citing the country's support for startups. This is part of Gemini's growth plans in APAC.
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Binance has reopened services in Belgium 3 months after being ordered to cease operations. New Belgian users can now access products and services again.
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Tecpetrol, an Argentine oil company, plans to use excess gas for crypto mining instead of emission. It aims to start mining in late October/early November.
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Crypto exchanges like Kraken, Gemini and Binance are adapting their business strategies to evolving regulations worldwide.