Weekly Roundup: Trump Buys Binance, Ripple Opens In Dubai

Market Updates

Royal Forex loses its Cyprus license after a CySEC fine, while Nasdaq expands Finnish equity derivatives. OneRoyal joins the Financial Commission for dispute protection, and Finery Markets partners with Sage Capital for liquidity. NAGA’s founder plans a new crypto platform, StoneX acquires The Benchmark Company, and Hantec Markets sponsors Fortaleza EC. Stay informed!

Royal Forex Loses Cyprus License After CySEC’s €120,000 Fine

The Cyprus Securities and Exchange Commission (CySEC) confirmed on Tuesday that it has wholly withdrawn the Cyprus Investment Firm (CIF) License of Royal Forex Ltd. Read More

Nasdaq Expands Finnish Equity Derivatives Offering

Nasdaq has announced the expansion of its standardized Finnish equity derivatives offering on Nasdaq Derivatives Markets. Read More

OneRoyal Traders Gain Dispute Protection With Financial Commission Membership

The Financial Commission, an independent external dispute resolution (EDR) body, today announced the addition of multi-asset broker OneRoyal as its latest member effective March 12, 2025. Read More

Finery Markets Welcomes Sage Capital as Liquidity Provider

Finery Markets has announced a partnership with Sage Capital Management to enhance institutional liquidity in the digital asset markets. Read More

NAGA Founder to Launch New Crypto Trading Platform

Benjamin Bilski, the former CEO and founder of NAGA, is preparing to launch a new cryptocurrency trading platform. Read More

StoneX Acquires The Benchmark Company to Expand Market Services

StoneX Group has announced that it will acquire The Benchmark Company. The deal strengthens its capital markets division with an established investment banking and research firm. Read More

Hantec Markets Adds Fortaleza to Growing Roster of Sports Sponsorships

UK-based Hantec Markets, a foreign exchange (FX) and contracts-for-difference (CFD) broker, has signed a sponsorship deal with Fortaleza EC, becoming the club’s official trading partner. Read More

Crypto Brief

Ripple gets a DFSA license in Dubai, and Coinbase launches 24/7 crypto futures in the U.S. Bybit accuses OKX of laundering $100M from a hack, while Zero Hash integrates PayPal USD. The SEC’s Ripple case nears its end with a $125M judgment intact. Crypto.com launches a multilingual web platform, and Trump dismisses WSJ’s Binance stake report. Meanwhile, Coinbase secures FIU registration to operate in India. Stay updated!

Ripple Receives DFSA License To Provide Crypto Payments In Dubai

Ripple has received approval from the Dubai Financial Services Authority (DFSA) to offer regulated crypto payments and services in the Dubai International Financial Centre (DIFC). Read More

Coinbase to Offer First Round-the-Clock Crypto Futures in U.S.

Coinbase Derivatives is set to roll out the first 24/7 Bitcoin and Ethereum futures contracts available to U.S. traders, removing the weekend downtime that traditional markets impose. Read More

Bybit Accuses OKX of Laundering $100M From Hack, Says EU Investigating

European Union regulators are reportedly looking into crypto exchange OKX’s role in laundering funds from the $1.5 billion Bybit hack. Read More

Zero Hash Integrates PayPal USD for Expanded Stablecoin Access

Zero Hash has announced the integration of PayPal USD (PYUSD), a stablecoin issued by Paxos Trust Company on behalf of PayPal. Read More

Ripple Case Nears Conclusion, Leaving $125M Judgment Intact

The U.S. Securities and Exchange Commission (SEC) could be nearing the end of its long-running enforcement action against Ripple Labs, according to a report from Fox Business journalist Eleanor Terrett. Read More

Crypto.com Launches Multilingual Web Platform

Crypto.com has launched Crypto.com Web, the desktop version of its cryptocurrency trading app, available in several languages, including across the EU, APAC, and LATAM. Read More

Trump Dismisses WSJ Report on Binance Acquisition, Calls It ‘Globalist’ Spin

Representatives of U.S. President Donald Trump’s family reportedly held talks with Binance about acquiring a stake in the crypto exchange. Read More

Investment Fraud Plagues Canada But 90-95% Goes Unreported

Canadian authorities are marking Fraud Prevention Month by urging Canadians to help fight fraud. For the first time since the CSA started tracking incidences of investment fraud, scams among younger Canadians have trended upwards. Read More

Coinbase Secures FIU Registration to Launch Crypto Services in India

Coinbase has announced that it has registered with India’s Financial Intelligence Unit (FIU), a move that allows the global cryptocurrency exchange to offer crypto trading services in the country. Read More