# Crypto Exchange Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Crypto Exchange", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Central Bank of Russia Establishes Rules for Cryptocurrency Trading

The Central Bank of Russia has unveiled new draft regulations for trading cryptocurrencies, signaling a move towards strict state-controlled oversight of the industry rather than simple legalization. The framework establishes a privileged, state-appointed exchange to control organized trading, dictate transaction rules, and set official asset prices. A key element is the introduction of "digital depositories," which face prohibitively high capital requirements ranging from 50 to 250 million rubles. These funds must be held in highly liquid, top-tier credit-quality assets, effectively barring independent crypto startups and paving the way for major banking intermediaries. Similar high barriers are set for electronic platform operators handling settlements. The regulations impose significant surveillance on an industry built on principles of privacy. Digital depositories are required to collect extensive client and asset information, functioning as overseers akin to those in the traditional securities market. The Central Bank retains exclusive authority to maintain the registry of authorized depositories. Critics argue these rules transform the once-accessible crypto market into a closed, elite club. By creating a tightly regulated "legal arena," the central bank is seen as stripping away the very advantages—like accessibility and privacy—that originally attracted enthusiasts to the space.

cryptonews.ru07/28 05:23

Central Bank of Russia Establishes Rules for Cryptocurrency Trading

cryptonews.ru07/28 05:23

Missed the SpaceX IPO? WEEX's "First Trade Protection" Lets You Experience US Stock Trading Risk-Free.

With the excitement around SpaceX's recent public listing reigniting interest in the US stock market, Chinese investors face significant challenges accessing compliant and convenient trading channels following regulatory actions against major online brokers. This article explores the available options, highlighting their risks and limitations. Traditional paths for US stock investments remain problematic. Qualified Domestic Institutional Investor (QDII) and Listed Open-Ended Fund (LOF) products, while compliant, suffer from high fees, significant purchase premiums, and a very limited selection of assets. Small, unregulated offshore brokers pose substantial risks, including potential insolvency. While secure, VIP accounts at banks in Hong Kong or Singapore require high minimum deposits (often 1-2 million RMB) and in-person visits, placing them out of reach for most retail investors. The article positions cryptocurrency exchanges, specifically their TradFi (traditional finance on-chain) offerings, as a compelling alternative. Platforms like WEEX are noted for providing access to a wide range of US stocks and ETFs, including SpaceX (SPCXON), through tokenized assets. This method offers advantages such as a single account for both crypto and traditional assets, USDT-based settlement avoiding fiat complexities, flexible leverage, and robust risk management. To attract users, WEEX is promoting a "First Trade Guarantee" campaign. Running from June 15 to July 8 (UTC+8), it features a $30,000 prize pool. Users who trade $500 worth of US stock contracts can qualify for a guarantee on their first eligible trade: 100% loss coverage up to $30 or a 20% bonus on profits up to $30. The campaign is presented as a low-risk opportunity for both crypto natives and traditional investors to experience US stock trading.

marsbit06/15 10:40

Missed the SpaceX IPO? WEEX's "First Trade Protection" Lets You Experience US Stock Trading Risk-Free.

marsbit06/15 10:40

Bear Market Financial Report Comparison: Pure Crypto Exchanges vs. Multi-Asset Platforms, Robinhood More Resilient Than Coinbase

Bear Market Earnings Showcase the Resilience of Multi-Asset Platforms vs. Crypto-Only Exchanges Coinbase and Robinhood's recent earnings reports, both missing expectations and erasing $12 billion in market value, highlight a core vulnerability of exchange models in a crypto downturn: heavy reliance on transaction fees. Coinbase's Q1 revenue fell 31% to $1.41 billion, with a net loss of $394 million, driven by a 40% drop in transaction revenue as spot trading volumes plummeted. While its subscription and services segment (44% of revenue) offers some buffer, key components like stablecoin revenue remain tied to trading activity. In contrast, Robinhood reported a 15% revenue increase to $1.07 billion, with net income of $350 million. Although its crypto trading revenue fell 47%, this was offset by strong growth in other areas: prediction market revenue surged 320%, stock revenue grew 46%, and options revenue rose 8%. This diversification, with transaction revenue still at 58% of the total, made Robinhood more resilient. The analysis extends to platforms like Revolut, where payments and banking are central. In 2025, Revolut's revenue grew 45% to $6.1 billion, evenly spread across segments. Its wealth segment (including crypto, stocks, and CFDs) constituted just 15% of revenue, making it far less exposed to crypto market cycles than Coinbase or even Robinhood. The key takeaway is that platforms with diversified, non-correlated revenue streams—particularly through derivatives, prediction markets, or core banking services—are better insulated during crypto bear markets. Robinhood's asset variety acts as a hedge, while Coinbase's heavier exposure to spot crypto trading leaves it more vulnerable to prolonged downturns.

marsbit05/14 10:33

Bear Market Financial Report Comparison: Pure Crypto Exchanges vs. Multi-Asset Platforms, Robinhood More Resilient Than Coinbase

marsbit05/14 10:33

Funding Weekly Report | 14 Public Funding Events, Kalshi Completes $10B New Funding Round at $220B Valuation Led by Coatue Management

Weekly Funding Roundup: 14 Deals and $10.49B+ in Total Funding, Led by Kalshi's $1B Round Last week (5.4-5.10) saw 14 notable funding events in the global blockchain ecosystem, raising over $10.49 billion in total. Key highlights include Kalshi, a prediction market platform, securing a $1 billion round led by Coatue Management, reaching a $22 billion valuation. The platform now boasts ~2 million MAUs and $178B in annualized trading volume. In DeFi, regulated on-chain reinsurer OnRe raised $5 million in Series A funding, and Bitcoin-backed credit protocol Saturn Credit completed a $2 million seed round. For Infrastructure & Tools, OpenTrade raised $17 million to expand its stablecoin yield infrastructure, and RWA platform Balcony secured $12.7 million to deploy its property settlement service in the US. Centralized Finance saw one deal: AI-driven trading platform Stockcoin.ai completed a seed round led by Amber Group. In the prediction market sector alongside Kalshi, AI-powered platform Elastics raised $2 million. Other notable deals include SC Ventures' strategic investment in crypto market maker GSR and Centrifuge securing a "seven-figure" investment from Coinbase to become a core RWA partner for Base. On the investor side, Haun Ventures raised a new $1 billion fund targeting crypto and AI, and Multi Investment raised ~$616 million to focus on blockchain and Web3 investments.

marsbit05/11 03:15

Funding Weekly Report | 14 Public Funding Events, Kalshi Completes $10B New Funding Round at $220B Valuation Led by Coatue Management

marsbit05/11 03:15

US Stock Registration Giant Acquired by Cryptocurrency Exchange, Accelerating Stock Tokenization

Bullish (NYSE: BLSH), a crypto asset trading platform, announced a $4.2 billion acquisition of Equiniti, a major Wall Street transfer agent serving nearly 3,000 public companies. This move aims to accelerate stock tokenization by securing a critical, regulated piece of financial infrastructure that maintains official shareholder records and handles dividends. The deal signals intensifying competition in the tokenization race. True "native" on-chain securities require a licensed transfer agent for legal ownership registration—a bottleneck Bullish now aims to solve. The acquisition positions Bullish to bridge traditional equity markets with blockchain, leveraging Equiniti's extensive client network and compliance credentials. This follows recent key developments: ICE (NYSE's parent) plans a new tokenized securities platform, and the SEC approved Nasdaq's tokenized stock pilot. Bullish's strategy is to establish a neutral, cross-platform infrastructure ahead of these initiatives. The combined company expects high growth from its tokenization business, targeting the vast U.S. equity market. The narrative is shifting from "crypto vs. Wall Street" to convergence, where legacy infrastructure is upgraded onto blockchain rails. The next 18 months will be crucial for observing the rollout of NYSE's platform, Bullish-Equiniti integration, and the broader adoption of tokenized securities by institutions.

marsbit05/09 09:52

US Stock Registration Giant Acquired by Cryptocurrency Exchange, Accelerating Stock Tokenization

marsbit05/09 09:52

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