Gemini becomes Ireland’s first approved Virtual Asset Service Provider
With the combined approval of a VASP and an e-money license, the US-based crypto exchange will offer its custody and exchange services to customers based in Ireland. In November of 2021, Gemini showed its commitment to expand across Europe by opening an office in Dublin while hiring Gillian Lynch as the Head of Ireland and E.U.
The Cameron and Tyler Winklevoss led-exchange Gemini is one of the few crypto companies vocally supporting regulatory efforts in the space. In a 2019 advertisement campaign held in NYC, with the slogan “Revolution Need Rules,” the company argued that investors’ interests should be protected by following regulations and adopting standard best practices for the crypto market. Gemini offers a limited range of cryptocurrencies for trading and have received all the necessary license for their operation.
Source
@tamil_btc
With the combined approval of a VASP and an e-money license, the US-based crypto exchange will offer its custody and exchange services to customers based in Ireland. In November of 2021, Gemini showed its commitment to expand across Europe by opening an office in Dublin while hiring Gillian Lynch as the Head of Ireland and E.U.
The Cameron and Tyler Winklevoss led-exchange Gemini is one of the few crypto companies vocally supporting regulatory efforts in the space. In a 2019 advertisement campaign held in NYC, with the slogan “Revolution Need Rules,” the company argued that investors’ interests should be protected by following regulations and adopting standard best practices for the crypto market. Gemini offers a limited range of cryptocurrencies for trading and have received all the necessary license for their operation.
Source
@tamil_btc
Crypto Lending Platform Celsius Discloses A New Recovery Plan
Crypto lending platform Celsius Network had filed for bankruptcy on July 13. A month prior to that the crypto lender had ceased withdrawals along with transfers from accounts. Celsius representatives appeared in court which is in relation to the company’s bankruptcy hearing.
This presentation provides alternatives for the users to get their money back. The platform has also spoken of making use of Bitcoin mining operations along with third-party asset sales to gather funds and pay the debt back. In this recovery plan, the crypto lender Celsius has also presented ways such as negotiating the restructuring transaction with stakeholders. The plan put forth by the lending platform was extensive in nature and it completely structures the way the company wants to address the crisis.
Source
@tamil_btc
Crypto lending platform Celsius Network had filed for bankruptcy on July 13. A month prior to that the crypto lender had ceased withdrawals along with transfers from accounts. Celsius representatives appeared in court which is in relation to the company’s bankruptcy hearing.
This presentation provides alternatives for the users to get their money back. The platform has also spoken of making use of Bitcoin mining operations along with third-party asset sales to gather funds and pay the debt back. In this recovery plan, the crypto lender Celsius has also presented ways such as negotiating the restructuring transaction with stakeholders. The plan put forth by the lending platform was extensive in nature and it completely structures the way the company wants to address the crisis.
Source
@tamil_btc
Dutch Central Bank Fines Binance Over Unauthorised Services
The Dutch Central Bank has imposed a 3.3 million euros ($3.4 million) fine on Binance for extending unauthorised services to Dutch citizens. The crypto exchange did not have proper registration but still continued to provide services. This comes as a setback to the exchange’s campaign to win over the European regulators.
The Central Bank stated that the crypto exchange had violated the rules which was needed by the digital asset company to be able to have a registration that would facilitate the exchange to offer services in Netherlands. Additionally, the exchange has served a high number of users in Netherlands which made the Dutch Central Bank levy additional fees on the exchange. The regulatory body had stated that these violations that the crypto exchange carried out was punishable by a third category fine which meant that the base administrative fine amounted to €2 million ($2.03 million).
Source
@tamil_btc
The Dutch Central Bank has imposed a 3.3 million euros ($3.4 million) fine on Binance for extending unauthorised services to Dutch citizens. The crypto exchange did not have proper registration but still continued to provide services. This comes as a setback to the exchange’s campaign to win over the European regulators.
The Central Bank stated that the crypto exchange had violated the rules which was needed by the digital asset company to be able to have a registration that would facilitate the exchange to offer services in Netherlands. Additionally, the exchange has served a high number of users in Netherlands which made the Dutch Central Bank levy additional fees on the exchange. The regulatory body had stated that these violations that the crypto exchange carried out was punishable by a third category fine which meant that the base administrative fine amounted to €2 million ($2.03 million).
Source
@tamil_btc
📣MEXC New M-Day - Caduceus Metaverse Protocol (CMP) is Launching
⏰Ticket-claim time: 2022-07-24 21:00 - 2022-07-25 07:00 (UTC)
Announcement of draw results: 2022-07-25 09:00 (UTC)
CMP Airdrop: 2022-07-25 09:30 (UTC)
CMP/USDT Spot Trading in Innovation Zone: 2022-07-25 12:00 (UTC)
🔺Eligibility Criteria to Participate：2022-07-22 07:00 to 2022-07-25 07:00 UTC
**Trade the specific cryptos on MEXC for 3 days (from 2022-07-22 07:00 to 2022-07-25 07:00 UTC) with minimum trading volumes of 500 USDT
Reward pool: 62,000 CMP
A total number of winning tickets: 950 tickets
Each winning ticket includes 50 CMP
The remaining CMP tokens will be used as participation prize.
Event Type: Airdrop (No asset exchange)
Listing Type: Non-Initial listing
💚Sign up: signup.asia/m
More: https://support.mexc.com/hc/en-001/articles/8702443398297
⏰Ticket-claim time: 2022-07-24 21:00 - 2022-07-25 07:00 (UTC)
Announcement of draw results: 2022-07-25 09:00 (UTC)
CMP Airdrop: 2022-07-25 09:30 (UTC)
CMP/USDT Spot Trading in Innovation Zone: 2022-07-25 12:00 (UTC)
🔺Eligibility Criteria to Participate：2022-07-22 07:00 to 2022-07-25 07:00 UTC
**Trade the specific cryptos on MEXC for 3 days (from 2022-07-22 07:00 to 2022-07-25 07:00 UTC) with minimum trading volumes of 500 USDT
Reward pool: 62,000 CMP
A total number of winning tickets: 950 tickets
Each winning ticket includes 50 CMP
The remaining CMP tokens will be used as participation prize.
Event Type: Airdrop (No asset exchange)
Listing Type: Non-Initial listing
💚Sign up: signup.asia/m
More: https://support.mexc.com/hc/en-001/articles/8702443398297
📣MEXC Will List Ichi (ICHI) - Deposit and Invite to Share 2,790 ICHI
⏰Deposit & Withdrawal: Opened
ICHI/USDT Trading: 2022-07-21 09:00 (UTC)
🌟Event Period: 2022-07-21 09:00 - 2022-07-24 16:00 (UTC)
1️⃣Event I: Deposit to Win a Share of 1,000 ICHI
During the event period, users reaching a net deposit of no less than 10 ICHI could share a prize pool of 1,000 ICHI
2️⃣Event II. Invite to Share 1,790 ICHI Together with Friends
Both inviters and invitees can win a share of 1,790 ICHI randomly when invitees:
1) Complete the registration via the referral link provided by inviters
2) Trade no less than 30 USDT worth of ICHI on MEXC during the event period.
💚Sign up: signup.asia/m
More: https://support.mexc.com/hc/en-001/articles/8656637593241
⏰Deposit & Withdrawal: Opened
ICHI/USDT Trading: 2022-07-21 09:00 (UTC)
🌟Event Period: 2022-07-21 09:00 - 2022-07-24 16:00 (UTC)
1️⃣Event I: Deposit to Win a Share of 1,000 ICHI
During the event period, users reaching a net deposit of no less than 10 ICHI could share a prize pool of 1,000 ICHI
2️⃣Event II. Invite to Share 1,790 ICHI Together with Friends
Both inviters and invitees can win a share of 1,790 ICHI randomly when invitees:
1) Complete the registration via the referral link provided by inviters
2) Trade no less than 30 USDT worth of ICHI on MEXC during the event period.
💚Sign up: signup.asia/m
More: https://support.mexc.com/hc/en-001/articles/8656637593241
Hi Folks #ETH/USDT Trend Update:-
$ETH is currently trading at $1500 level. On HTF , Price is trading in an Uptrend Forming Higher Highs & Higher Lows.
$1000 - $1300 level was Previous Resistance zone .After facing resistance from there price fall -92% from the previous High and forms Double Bottom Pattern near $95 level . Price gives breakout of Double Bottom Pattern and with Strong Bullish momentum also breaks Previous high .
Currently , After making New All Time High of $4780 level . Price is now taking support near $1000 level . Price is now bouncing back from the support . It can reach previous high and can also form New all time highs.
Upcoming Target is $2100 level .
Then $3600 level & then New All Time High.
Signup.asia/k
$ETH is currently trading at $1500 level. On HTF , Price is trading in an Uptrend Forming Higher Highs & Higher Lows.
$1000 - $1300 level was Previous Resistance zone .After facing resistance from there price fall -92% from the previous High and forms Double Bottom Pattern near $95 level . Price gives breakout of Double Bottom Pattern and with Strong Bullish momentum also breaks Previous high .
Currently , After making New All Time High of $4780 level . Price is now taking support near $1000 level . Price is now bouncing back from the support . It can reach previous high and can also form New all time highs.
Upcoming Target is $2100 level .
Then $3600 level & then New All Time High.
Signup.asia/k
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Join our futures event & win 600 USDT bonus reward!
Event period: July 29, 2022,10:00 to August 5, 2022,10:00 (UTC)
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Event period: July 29, 2022,10:00 to August 5, 2022,10:00 (UTC)
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📣MEXC Has Launched BTC Flexible Staking Program
One click to stake your BTC and start earning from your spot wallet balances.
Value date：T stands for stake date. Yield will start on T+2 and will be distributed to your account on T+3.
Yield payout time: On a daily basis.
Redemption rules: Users can redeem funds at any time.
Ways to participate:
a). Website：https://www.mexc.com/pos > find “Flexible Staking” to join
b). Through MEXC.com: Login into MEXC.com > select “Earn” > “Staking” > find “Flexible Staking” to join or Login into MEXC.com > Wallet > Spot Account > search “BTC” > “Earn”
c). Through MEXC App: Login through MEXC App’s homepage > “More” > find “Earn” > select “Staking” > find “Flexible Staking” to join
💚Sign up: signup.asia/m
More: https://support.mexc.com/hc/en-001/articles/9081724755993
One click to stake your BTC and start earning from your spot wallet balances.
Value date：T stands for stake date. Yield will start on T+2 and will be distributed to your account on T+3.
Yield payout time: On a daily basis.
Redemption rules: Users can redeem funds at any time.
Ways to participate:
a). Website：https://www.mexc.com/pos > find “Flexible Staking” to join
b). Through MEXC.com: Login into MEXC.com > select “Earn” > “Staking” > find “Flexible Staking” to join or Login into MEXC.com > Wallet > Spot Account > search “BTC” > “Earn”
c). Through MEXC App: Login through MEXC App’s homepage > “More” > find “Earn” > select “Staking” > find “Flexible Staking” to join
💚Sign up: signup.asia/m
More: https://support.mexc.com/hc/en-001/articles/9081724755993
📣Draw Results for the New M-Day Program - xx network (XX)
⏰Deposit and Withdrawal: Opened
XX/USDT Trading: 2022-08-02 12:00 (UTC)
💚Sign up: signup.asia/m
More: https://support.mexc.com/hc/en-001/articles/9069109292569
⏰Deposit and Withdrawal: Opened
XX/USDT Trading: 2022-08-02 12:00 (UTC)
💚Sign up: signup.asia/m
More: https://support.mexc.com/hc/en-001/articles/9069109292569
📣MEXC Will List Quant (QNT) in Assessment Zone
⏰Deposit & Withdrawal: Opened
QNT/USDT Trading: 2022-08-02 15:00 (UTC)
💚Sign up: signup.asia/m
More: https://support.mexc.com/hc/en-001/articles/9091793378713
⏰Deposit & Withdrawal: Opened
QNT/USDT Trading: 2022-08-02 15:00 (UTC)
💚Sign up: signup.asia/m
More: https://support.mexc.com/hc/en-001/articles/9091793378713
📣MEXC Announces Launch of GLMR3L/3S Leveraged ETFs with a Token Airdrop Giveaway of 6,000 USDT GLMR3L Token Airdrops
▪️GLMR3L- 3x leverage long for GLMR
▪️GLMR3S- 3x leverage short for GLMR
🎁Trading benefits for MEXC Users
⏰15:00 August 2, 2022 (UTC+8) - 15:00 August 6, 2022 (UTC+8)
🔺Leveraged ETFs for this activity: GLMR3L、GLMR3S
🌟During the event duration
1️⃣Trade GLMR3L/3S with Trading volume ≥200 USDT, receive 5 USDT GLMR3L Token
2️⃣Trade GLMR3L/3S with Trading volume≥ 500 USDT, receive 10 USDT GLMR3LToken
Total prize pool: 6000 USDT
Sign up: signup.asia/m
Details
▪️GLMR3L- 3x leverage long for GLMR
▪️GLMR3S- 3x leverage short for GLMR
🎁Trading benefits for MEXC Users
⏰15:00 August 2, 2022 (UTC+8) - 15:00 August 6, 2022 (UTC+8)
🔺Leveraged ETFs for this activity: GLMR3L、GLMR3S
🌟During the event duration
1️⃣Trade GLMR3L/3S with Trading volume ≥200 USDT, receive 5 USDT GLMR3L Token
2️⃣Trade GLMR3L/3S with Trading volume≥ 500 USDT, receive 10 USDT GLMR3LToken
Total prize pool: 6000 USDT
Sign up: signup.asia/m
Details