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Coinbase's New Futures Exchange Takes Bite Out Of Crypto Market
Tuesday, August 1, 2023 - 9:51am | 327Coinbase's (NASDAQ: COIN) overseas futures exchange recorded nearly $2 billion in volumes for July. The company, set to announce its second-quarter (Q2) earnings this Thursday, initiated its Bermuda-based futures exchange in May. This move was part of what the firm termed a "global...
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Steve Cohen-Backed 24 Exchange Pulls The Plug On Spot Crypto Trading As Regulatory Pressure Intensifies
Friday, June 23, 2023 - 10:12am | 47424 Exchange, a trading platform that secured $14 million in funding in late 2021, which included support from Point72 Ventures led by Steve Cohen, has decided to discontinue its spot cryptocurrency product. This comes as global regulators intensify their scrutiny of cryptocurrencies. The Bermuda-...
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Europe, Get Ready: Coinbase One Now Available In UK, Germany, And Ireland
Thursday, May 18, 2023 - 3:29pm | 387Cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) has decided to broaden the reach of its subscription-based product, Coinbase One, to encompass the United Kingdom, Germany, and Ireland. In an emailed statement to Benzinga, the company said that the product, priced at a...
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Bittrex Global CEO Calls Out SEC, Says There Was 'Precisely Zero' Communication With Department
Monday, May 1, 2023 - 5:10pm | 341Oliver Linch, the CEO of Bittrex Global, has stated that the cryptocurrency exchange had no chance to discuss a potential enforcement action with the U.S. Securities and Exchange Commission (SEC). The SEC charged Bittrex in April for operating as an unregistered exchange, broker, and clearing...
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Regulatory Update: NM's Non-Compliance Problem, IL Sales, Kansas MMJ, Utah, Morocco & Bermuda
Wednesday, October 5, 2022 - 9:57pm | 911New Mexico Local media reported last Friday that the state’s Cannabis Control Division has conducted 100 inspections since adult-use pot sales kicked off in April, finding that “31 businesses are not in compliance. “The whole idea is we’re going from an unregulated new...
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Cannabis Reg. Update: New Zealand's 'Green Fairies' Continue To Supply Marijuana, Legalization Efforts In Bermuda & Portugal
Thursday, June 9, 2022 - 4:43pm | 978Is Momentum To Legalize Marijuana Growing In Portugal? The Left Bloc party in Portugal is renewing its calls for cannabis legalization, and it seems that in the summer months to come the issue will re-enter the political ring, High Times writes. Commercial medical marijuana cultivation and...
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Why Bermuda Could Be The Next Switzerland
Thursday, March 2, 2017 - 9:52am | 1172Bermuda is an island in the North Atlantic Ocean, about 665 miles east of Cape Hatteras, North Carolina. Over time, this subtropical paradise became especially popular among U.S. tourists looking for non-crowded white-sanded beaches, green water and coral reefs. However, there is much more to the...
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Shipping ETF Falls On Hard Times As Commodities Dip
Friday, December 5, 2014 - 1:29pm | 525Stocks involved in the shipping industry can be one way to play the transportation sector and global economic expansion theme. However, the continued collapse in worldwide commodity prices and economic uncertainty in Europe has sent prices of these companies lower in recent months. Both...
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These Awesome Charts Highlight Just How Diversified (or Homogeneous) Some Nations' Exports Are
Friday, April 12, 2013 - 3:36pm | 136Ever wondered what the leading exports of Antarctica or North Korea or the Solomon Islands are? Well you've come to the right place. Courtesy of the Wikimedia Commons and the Observatory of Economic Complexity, Benzinga has compiled an array of export tree maps from countries and regions around the...
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Coffee Works to Become Marley Coffee's Primary Distributor in Bermuda
Thursday, September 8, 2011 - 10:52am | 2051LOS ANGELES, Sep. 8, 2011 /PRNewswire/ — Marley Coffee (OTCBB: JAMN) is pleased to announce that it has selected Coffee Works to be its preferred distributor in Bermuda. Coffee Works has been Bermuda's leading coffee and brewing equipment company for more than a decade. This new relationship gives...