
Coinbase Exchange Receives Cryptocurrency Services License from UK Regulator✔️
Feb-4-2025
Registration with the FCA will allow Coinbase (NASDAQ: COIN ), which is listed on the Nasdaq Stock Exchange, to serve retail and institutional customers by allowing them to legally trade digital assets. Since 2018, Coinbase Payments, a subsidiary of Coinbase, has offered fiat money transfer services to UK residents.
However, before receiving the license, the company could not offer cryptocurrency products to the UK.
“Registration with the Authority is critical to Coinbase’s continued growth in the UK and expansion of the exchange. Our mission is to bring 1 billion more people into the crypto industry while maintaining the security of customer assets and maintaining high regulatory standards. The widespread use of cryptocurrency will increase economic freedom,” Coinbase said in a press release.
The exchange's management noted that the crypto sector contributes to the creation of new jobs and attracting investment to the UK, while stablecoins are increasingly used by traditional financial companies to speed up payments.
Coinbase has received the go-ahead from the UK regulator, six months after the FCA concluded an investigation into its local subsidiary Coinbase Payments. Last year, the FCA fined it £3.5 million ($4.3 million) for serving high-risk customers.
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The percentages on deposits as of February 3️⃣
Feb-3-2025
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💵Tether to Build 70-Story Skyscraper in El Salvador, Symbol of Prosperity ✔️
Feb-3-2025
The Tether company , which issued the USDT stablecoin with a capitalization of about $140 billion, is preparing to build the Tether Tower skyscraper in El Salvador, where the organization's headquarters will be located.
The company's CEO Paolo Ardoino said the 70-story building will be a testament to President Bukele's commitment to the crypto industry.
The tower will be a symbol of the country's prosperity and growth, Ardoino said, emphasizing that Tether does not plan to put its logo on the building.
In addition to Tether, the building will house other companies, including its partner Rumble, which recently struck a deal with the local government to provide cloud computing services.
We need stability and an adequate regulatory framework, and El Salvador is one of the few countries that has really understood the potential of digital assets,” Ardoino added, explaining the move of headquarters to El Salvador.
This is the country of the future. I believe that El Salvador and Latin America will be one of the main regions in the future world.
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The percentages on deposits as of January 3️⃣1️⃣
Jan-31-2025
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We are excited to announce that we have expanded our platform by adding new currencies! 🎉
Jan-31-2025
Now you can invest, profit, exchange, and withdraw funds in Ripple (XRP) and Solana (SOL).
💰 Minimum withdrawal limits:
🔹 Solana (SOL) – 0.02
🔹 Ripple (XRP) – 2
Stay tuned—many more updates and improvements are on the way! 📈
Thank you for choosing Celestion.
We wish you stable profits and successful investments.
Sincerely,
The Celestion Team !
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The percentages on deposits as of January 3️⃣0️⃣
Jan-30-2025
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