BTSE obtains Indonesian OJK license and officially launches BTSE Indonesia.
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BTSE launches cryptocurrency exchange BTSE Indonesia in Indonesia.
According to Mars Finance, on July 5th, blockchain trading and payment company BTSE Group recently launched its cryptocurrency trading platform BTSE Indonesia in Jakarta through a joint venture with PT Aset Kripto Internasional, and rebranded its local licensed platform NVX. BTSE will reportedly provide trading infrastructure and liquidity support, while the local Indonesian team will handle marketing, business partnerships, sales, and user growth. BTSE Indonesia stated that it has received approval from the Indonesian Financial Services Authority (OJK) to operate as a regulated digital financial asset trading platform. This license is expected to allow it to expand into cryptocurrency futures and other businesses in compliance with local regulatory requirements. Official data shows that cryptocurrency trading volume in Indonesia reached 556.5 trillion Indonesian Rupiah (approximately US$31.2 billion) from January to November 2024, and the number of registered cryptocurrency users reached 22.11 million as of November 2024.
Cryptocurrency financial institution Bitcoin Suisse obtains Abu Dhabi ADGM financial services license
Odaily Odaily reports that Bitcoin Suisse, a cryptocurrency financial services provider, announced that its subsidiary, BTCS (Middle East) Ltd., has received a Financial Services License (FSP) from the Abu Dhabi Global Markets (ADGM) Financial Services Regulatory Authority (FSRA). This license authorizes BTCS to provide regulated digital asset financial services, including custody, spot trading, and derivatives execution and hedging services, to qualified institutional and professional investors. (Businesswire)
SK Hynix officially launches its marketing and promotion process for its US stock listing.
BlockBeats reports that on July 6th, SK Hynix officially launched its marketing and promotion process for its US stock listing, aiming to leverage the continued strong investor enthusiasm for the memory chip sector and advance its US listing. According to its filings, SK Hynix plans to offer approximately 17.79 million American Depositary Receipts (ADRs) corresponding to its ordinary shares. Based on the closing price in the Korean market last Friday, the offering size is approximately $28 billion. As a leading supplier of HBM chips, this US listing provides SK Hynix with an efficient financing channel. According to previously disclosed regulatory documents, SK Hynix expects its ADRs to officially begin trading on July 10th (this Friday). Based on the current proposed offering size, this ADR offering will rank among the top three largest IPOs in history (the exact amount depends on the exchange rate), potentially rivaling Saudi Aramco's $29.4 billion IPO in 2019.
AEGIS X officially launches its global co-creation phase, driving the development of the USD1 ecosystem.
According to ChainCatcher, AEGIS X has officially launched its global genesis co-construction phase, marking a new stage in the project's ecosystem development. Global users can now participate in the genesis co-construction using USD1 according to the protocol rules, jointly promoting the construction of an on-chain liquidity network centered around USD1. It is understood that AEGIS X uses USD1 as its core value settlement asset, integrating AI and DeFi protocol mechanisms to build an ecosystem around stablecoin liquidity, on-chain payments, DAO collaboration, and AI Agent application scenarios. With the launch of the global genesis co-construction phase, the project will further connect users, liquidity, and application scenarios, accelerating the development and improvement of the USD1 ecosystem network.
TRON DeFi Summer officially launches, partnering with Binance Wallet to pre-launch a prize pool of 200 USDT.
ChainCatcher reports that the TRON ecosystem has officially launched the "TRON DeFi Summer" yield extravaganza, a joint initiative of JustLend DAO and Binance Wallet, aiming to provide users with a more convenient TRON DeFi experience. As a pre-event bonus, the event features a 200 USDT prize pool. Participants need to follow the four official accounts: @trondaoCN, @DeFi_JUST, @SUNWUKONG_ZH, and @usddio_cn, like and retweet the event post, and comment with "Which TRON ecosystem project do you like best and why?" while tagging three friends. Once the number of comments exceeds 500, the 200 USDT prize pool will be unlocked immediately. The official recommendation is for users to add TRX, JST, SUN, and USDD to their watchlist, and a major super prize pool will be revealed on July 6th.
Backpack EU obtains MiCA license and payment institution license from the Central Bank of Latvia.
PANews reported on July 1 that Backpack disclosed on the X platform that Backpack EU has obtained a MiCA license and a payment institution license from the Central Bank of Latvia. Combined with its previously held MiFID II license, Backpack EU now holds three licenses in the crypto, brokerage and payment sectors, enabling it to provide services in all 27 EU member states.