Bybit, a Dubai-based crypto exchange, and Kraken offer forex perpetuals, coinciding with BIS data on FX market size.

The entities involved

• Bybit →

  cryptocurrency exchange

  • Major financial players, including Chainlink, Coinbase, and Bybit, are launching synchronized asset settlement protocols and exploring licensed crypto presence.Thu 14:53
  • Traders are migrating from defunct BitMEX to platforms like Bybit, and the Celsius estate has sued BitMEX over liquidation losses.Thu 00:13
• Kraken →

  cryptocurrency exchange

  • Payward announced integrations with Nasdaq and the London Stock Exchange, while placing Kraken under its corporate umbrella.Thu 09:54
  • The SEC has sued Ripple over unregistered security claims. In response to the legal uncertainty, Kraken pulled XRP listings, and Coinbase also suspended XRP trading.Wed 23:17
• Dubai →

  most populous city in the United Arab Emirates and the capital of the Emirate of Dubai

  • The region, including Abu Dhabi and Dubai, is leveraging its strategic location to connect Africa, Europe, and Asia, driven by key leadership.Mon 14:38
  • A global summit in Dubai focused on ESG compliance, clean technology, and cross-border collaborations.Mon 14:38

Related events

• Bybit, a Dubai-based firm, holds an Austrian MiCA license, trades Bitcoin, and partnered with rival Kraken.Sep 10
• Bybit confirms holding a license in the UAE and expanding its EU operations, while CNBC and Statista collaborate on a new list.Jul 27
• ICBC notes are expected to trade on the London Stock Exchange, and the bank operates a branch in Dubai.Jun 17
• Binance leads RWA perpetual trading volumes, with Binance, OKX, and Bybit being major retail crypto exchanges.Aug 11