Binance just secured three fresh licenses from the Financial Services Regulatory Authority (FSRA) in ADGM (Abu Dhabi Global Markets). The largest crypto exchange is now the first crypto exchange to secure a global license under its framework. FSRA, for those who don’t know, is the financial watchdog that oversees financial activities within ADGM, Abu Dhabi’s international financial hub. The announcement came through a press release shared by ADGM on 8 December 2025. It confirms FSRA’s approval of license ...

Coinbase Inc. (NASDAQ:COIN) has opened its app for registrations in India as it resumes expansion in the country even as COIN struggles to hold a technical support level.Coinbase Reopens Access In India And Plans Fiat On-RampAfter more than two years of restrictions, Coinbase has begun onboarding Indian users again, allowing access to cryptocurrency trading pairs while it works to restore full functionality. Speaking at India Blockchain Week, regional head John O'Loghlen said the company aims to launch a fi ...

Core Insights - India is opening its market to global crypto exchanges, with Coinbase re-entering after Binance's successful relaunch, indicating a shift in regulatory stance towards crypto [1][7]. Company Developments - Coinbase initially launched in India in April 2022 but had to suspend operations shortly after due to regulatory pressure, halting services by September 2023 [2][3]. - After registering with India's Financial Intelligence Unit (FIU), Coinbase has resumed onboarding new users in October 2023, marking its first significant activity in the market since 2023 [3][7]. - Kraken is planning its return to India after previously shutting down operations, actively seeking regulatory approvals [5][6]. Market Opportunities - The Indian crypto market is seen as a $15 billion opportunity, driven by a large, digitally-savvy young population, and has ranked first in crypto adoption according to Chainalysis for three consecutive years [9]. - Other exchanges like Bybit and Bitget are also eyeing the Indian market, with Bybit having restored access after a penalty and Bitget expecting to receive FIU approval by 2026 [5][8]. Future Expectations - Coinbase's trading is currently limited to crypto pairs, with local currency support anticipated to launch in 2026 [4].

Core Insights - Coinbase has resumed user onboarding in India after a two-year hiatus, indicating a renewed commitment to the Indian market despite previous regulatory challenges [1][2][3] - The company aims to introduce a fiat on-ramp by 2026, allowing users to purchase cryptocurrency directly with local currency [4] - Coinbase has made strategic investments in the Indian crypto ecosystem, including a partnership with CoinDCX and a memorandum of understanding with Karnataka's state government [6] Company Actions - Coinbase initially launched in India in April 2022 but faced regulatory issues that led to the suspension of services by September 2023 [2][3] - The company has been actively engaging with Indian regulators to align with local compliance requirements since early 2023 [3] - Coinbase's APAC director emphasized the importance of starting fresh in the Indian market after off-boarding existing customers [5] Market Context - Other global exchanges, such as Bybit and Binance, have also returned to the Indian market after meeting local regulatory requirements and paying fines [7] - The Indian market continues to show rapid growth in digital asset adoption, despite heavy taxes and regulatory friction [1]

Core Viewpoint - Gate, a cryptocurrency exchange, is considering reapplying for a virtual asset trading platform license in Hong Kong, but faces challenges due to high compliance costs and a competitive market [1][2][6]. Group 1: Company Overview - Gate was founded in mainland China in 2013 and is currently the world's third-largest cryptocurrency exchange by 24-hour trading volume, following Binance and Bybit [5]. - The company previously withdrew from the Hong Kong market after a one-year grace period for licensing applications [6]. Group 2: Regulatory Environment - The Hong Kong regulatory framework for digital assets has imposed high compliance costs, making it difficult for companies to operate profitably in the region [2][7]. - Gate is monitoring the performance of other licensed platforms in Hong Kong to assess the feasibility of reactivating its licensing efforts [2][4]. Group 3: Market Challenges - The competitive nature of the Hong Kong market, combined with high licensing costs and limited product offerings, presents significant challenges for Gate [7]. - Users in Hong Kong have many options from overseas platforms, making it difficult for Gate to attract local customers [7].

Core Insights - Bitget, the world's largest panoramic exchange, announced a significant upgrade to its AI-driven trading assistant, GetAgent, enhancing user accessibility and functionality [2][4]. Group 1: Upgrade Features - The upgraded GetAgent features a more flexible Q&A engine and a simplified user interface, significantly increasing the membership limits for users at all levels [2][3]. - The daily question limits for all membership tiers have been substantially increased, with basic users now able to ask 20 questions per day, and advanced users having access to 100 questions, while flagship users enjoy unlimited access [3]. Group 2: User Experience Enhancements - The user interface has been redesigned for improved navigation and a more intuitive chat layout, allowing quick access to research reports, trade previews, and position insights [3]. - GetAgent can now intelligently recognize user intent, providing concise actionable answers for quick requests and enabling a "research mode" for in-depth analysis, including technical signals and market structure [2][4]. Group 3: Strategic Initiatives - Bitget has launched an AI trading training camp, featuring professional agents that run real-time strategies, allowing users to explore different trading styles and compare model performances [4]. - The company aims to redefine the services offered by exchanges by integrating real-time intelligence and natural language research into the trading process [4]. Group 4: Company Overview - Founded in 2018, Bitget serves over 120 million users, providing access to millions of crypto tokens, tokenized stocks, ETFs, and other real-world assets [5]. - Bitget Wallet connects blockchain infrastructure with everyday financial scenarios, serving over 80 million users with seamless deposit, trading, and payment functionalities [5]. Group 5: Partnerships and Outreach - Bitget is the official cryptocurrency partner for La Liga in East Asia, Southeast Asia, and Latin America, and collaborates with UNICEF to provide blockchain education support to 1.1 million people by 2027 [6]. - The company is also the exclusive cryptocurrency exchange partner for MotoGP™, enhancing its global influence in the sports sector [6].

ABU DHABI, UAE, Dec. 7, 2025 /PRNewswire/ -- Binance, the world's largest cryptocurrency exchange by trading volume and users, today announced a landmark regulatory achievement: The Financial Services Regulatory Authority (FSRA) of ADGM, the international financial centre of Abu Dhabi, the Capital of the UAE, has formally approved the authorisation of Binance's global platform, Binance.com, under a comprehensive regulatory framework. This global first is a major step in Binance's mission to create the most ...

Core Insights - After a two-year pause, Coinbase has reopened its app for registration in India, allowing crypto-to-crypto trades, with plans to introduce a fiat on-ramp in 2026 [1] - Coinbase previously faced challenges in India, including the shutdown of UPI support shortly after launching services in 2022 and ceasing operations for Indian users in 2023 [2][3] - The company has engaged with the Financial Intelligence Unit (FIU) and registered with them, leading to the current onboarding of users [4] Regulatory Environment - The Indian government imposes a 30% tax on crypto income without loss offsets and a 1% transaction deduction, which may deter frequent trading [6] - Coinbase hopes for a relaxation of these tax regulations to encourage more users to hold digital assets [6] Market Potential - Despite regulatory challenges, Coinbase remains optimistic about the Indian market, having invested in local exchange CoinDCX at a $2.45 billion post-money valuation [7] - The company plans to expand its workforce in India, focusing on both local and global markets [7] User Experience - Coinbase aims to establish itself as a trusted exchange, emphasizing the importance of a user-friendly interface and a secure experience for onboarding [8]

Group 1 - Coinbase reports a significant increase in global liquidity as December begins, with the probability of a Federal Reserve rate cut rising to 92% by December 4, which may support a rebound in risk assets [1] - The custom global M2 money supply index from Coinbase indicates a recovery trend extending into late 2025, suggesting that a softer dollar environment could enhance broader market momentum [1][3] - The report highlights that Bitcoin fell more than three standard deviations below its 90-day trend in November, while US equities remained closer to their norms, indicating potential undervaluation of Bitcoin [3][4] Group 2 - Long-term holders of Bitcoin exhibited a rare period of coin distribution, and digital asset products traded below net asset value for the first time this year, signaling a potential recovery in December [4] - Analyst Ted Pillows notes that the US 10-year bond yield is poised for its largest weekly gain since June 2025, with yields above 4%, which may not bode well for risk-on assets despite anticipated Fed rate cuts [4] - Data from Altcoin Vector indicates a divergence between stablecoin dominance and altcoin performance, with signs of stablecoin strength fatigue and altcoins holding firm, suggesting a possible market shift back to higher-risk assets once Bitcoin stabilizes [5][6]

Core Insights - Bitnomial has received the first approval from the Commodity Futures Trading Commission (CFTC) to list leveraged crypto products, marking a significant shift in U.S. crypto regulation [1][6] - The CFTC's Acting Chair Caroline Pham criticized previous enforcement-based regulations that hindered the development of a safe trading environment for retail investors [2][4] - Major exchanges like Coinbase and Kraken are now positioned to follow Bitnomial in offering leveraged trading products, as they have the necessary licenses [6][7] Regulatory Changes - The CFTC's recent approval signifies a move towards a more crypto-friendly regulatory environment, with expectations for more exchanges to introduce leveraged trading products by 2025 [2][7] - The previous restrictive guidance from the CFTC led to a reduction in margin trading features among U.S. exchanges, with Kraken and Bitfinex facing penalties [4][5] Market Implications - The approval for Bitnomial is seen as a catalyst for other exchanges, which are now eager to reintroduce spot leverage features [6][7] - Kraken's acquisition of Small Exchange is part of a strategy to integrate various trading products into a single regulated system, indicating a trend towards consolidation in the crypto trading space [7]