Global #expansion

Robinhood Markets Inc. has made headlines with a notable 4.7% surge in its stock price, following a bullish report from Bernstein.

Recently, Turkey’s regulatory authorities updated the list of firms applying for crypto business licenses, increasing the count from 47 to 76. This expansion sees heavyweight additions such as Coinbase, KuCoin, and Gate.io joining already approved major exchanges like Binance, Bitfinex, and OKX.

Switzerland is considering a significant expansion of its international information exchange protocols to include data on cryptocurrency assets. On Wednesday, the Federal Council initiated a consultation process for a new bill that would facilitate the sharing of crypto asset information with 111 jurisdictions currently part of the automatic information exchange framework.

​Hong Kong-based Mox, a virtual bank backed by Standard Chartered, has made headlines by expanding its investment offerings to include cryptocurrency exchange-traded funds (ETFs).

Cryptocurrency exchange giant Coinbase has announced the addition of new perpetual futures contracts to its platform. This expansion aims to cater to the growing demand for diverse trading options among its user base.

Riot Platform, a prominent player in the Bitcoin mining industry, has announced the acquisition of Kentucky-based mining firm Block Mining for a total consideration of $93 million.