Kraken awarded crypto trading license in the United Arab Emirates

Californian crypto exchange Kraken becomes the second virtual asset platform after Binance to receive regulatory approval to operate in the Abu Dhabi international financial center and free zone, Abu Dhabi Global Market (ADGM). In a CNBC interview, Kraken’s managing director Curtis Ting explains the importance of diversifying trading pairs to local currencies instead using the […]

Binance.US awarded money transmitter license in Puerto Rico

Puerto Rico becomes the fourth jurisdiction in America to grant a money transmitter license to Binance.US, the American arm of the crypto exchange Binance. Other states that issued operational licenses to Binance.US include Wyoming, Connecticut and West Virginia.  Binance.US was launched as a second attempt by Binance CEO Changpeng Zhao to cater to investors in […]

Tesla CEO Elon Musk Awarded Stock Worth More Than $700 Million

Before now, Tesla has already hit three targets that allow Elon Musk to exercise the stock options. They included $100 billion in average market cap in a 30-day period, $20 billion revenue, and $1.5 billion in earnings before adjustments.  On Thursday, Tesla Inc (NASDAQ: TSLA) released a document filed with the Securities and Exchange Commission […]