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Showing posts with the label Exchange News

Bank of America Allows Crypto Investment Advice as Vanguard Reverses ETF Ban

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In a major shift for the financial world, Bank of America has officially authorized its financial advisers to recommend limited cryptocurrency exposure to clients, while investment giant Vanguard has overturned its long-standing restriction on crypto exchange-traded funds (ETFs). These developments mark a growing acceptance of digital assets by institutions traditionally known for conservative investment strategies. Bank of America Gives Green Light to Crypto Advice Bank of America’s wealth-management division now allows financial advisers to actively discuss and recommend cryptocurrency exposure for eligible clients. Advisers are permitted to suggest a modest allocation, typically ranging between 1% and 4% of a client’s investment portfolio, depending on financial goals and risk tolerance. Rather than encouraging clients to buy digital currencies directly, the firm emphasizes exposure through regulated investment products, especially spot Bitcoin ETFs. This approach reduces the c...

Naver to Acquire Upbit Operator Dunamu in Major Share-Swap Deal

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South Korea’s internet giant Naver is moving into the heart of the cryptocurrency industry with a major deal to acquire Dunamu, the operator of the country’s largest digital asset exchange, Upbit. The transaction will be completed through a share-swap agreement, signaling one of the most significant mergers ever seen between a traditional technology company and a crypto-focused firm in the region. Under the agreement, Naver’s financial services unit will absorb Dunamu as a wholly owned subsidiary by exchanging newly issued shares instead of using cash. This approach allows both companies to combine ownership and operational strength while maintaining financial stability. Industry sources indicate the share exchange ratio gives Dunamu shareholders a meaningful stake in Naver’s expanding fintech business. This acquisition marks Naver’s strongest entry yet into the fast-growing digital finance space. Until now, the company’s financial services have focused mainly on payments, commerce...

Singapore Exchange Unveils Institutional-Grade Bitcoin and Ethereum Perpetual Futures

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The Singapore Exchange (SGX) has officially launched its first perpetual futures contracts for Bitcoin (BTC) and Ethereum (ETH), marking a major milestone in the development of regulated crypto-derivatives in Asia. The new contracts, introduced in late November 2025, are designed specifically for institutional, accredited, and expert investors, positioning Singapore as a growing hub for digital-asset innovation. Perpetual futures often referred to as perps allow traders to maintain continuous exposure to an asset without a defined expiration date. Unlike standard futures, these contracts utilize a funding-rate mechanism to ensure prices remain aligned with the underlying spot market. This structure has fueled the popularity of crypto perpetual futures globally, which account for more than US$180 billion in average daily trading volume. SGX’s perpetual futures are centrally cleared and operate within a regulated exchange environment, giving institutions a safer and more transparent ...

Apertum Coin (APTM) Announces Official Listing on WEEX Exchange.

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Apertum Coin (APTM), the native token powering the Apertum Layer-1 blockchain built within the Avalanche ecosystem, has officially secured a listing on the globally recognized cryptocurrency exchange WEEX . This development significantly enhances the token’s accessibility, liquidity, and exposure to a wider community of traders and long-term Web3 supporters. The new listing introduces the APTM/USDT spot trading pair , opening the door for seamless buying, selling, and market participation. With trading, deposits, and withdrawals going live according to the exchange’s official schedule, the listing marks a major milestone for the Apertum ecosystem and its growing user base. What Is Apertum Coin (APTM)? Apertum is a high-performance, EVM-compatible Layer-1 blockchain built as an Avalanche subnet. It is engineered for scalable decentralized applications that need high throughput, low latency, and minimal transaction fees. The network supports a wide range of use cases including de...