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Brokerage
Crypto Bank Xapo Snags European Broker License, Will Offer Stocks Like Apple
The Markets in Financial Instruments Directive (MiFID) license will soon allow the firm to offer S&P 500 stocks. In addition, Xapo, which has always been bitcoin-only, plans to add Ethereum’s ETH.

Brazil’s Largest Brokerage, XP, Launches Bitcoin, Ether Trading
The company, which has 3.6 million customers, hopes to reach 200,000 active crypto users by the end of 2022.

Broker Robinhood Slashing Nearly One-Quarter of Workforce
Crypto business rose for the company in the second quarter even as overall trading revenue slipped.

BGC Partners Expects to Launch Crypto Exchange by 2023 Q1
BGC Partners will launch a crypto exchange that can compete with larger competitors, CEO Howard Lutnick said at a conference Wednesday.

Brazil’s Largest Brokerage, XP, Set to Launch Crypto Trading Feature
Built on Nasdaq's trading technology, the platform will allow users to buy bitcoin and ether.

China’s 9F to Become Crypto Brokerage After State Cracks Down on P2P Lending
The financial technology firm had to abandon its biggest revenue stream because China wanted to eradicate the industry.

How the Bitcoin Market Changed Since 2017’s Bull Run
Regulation-friendly infrastructure makes 2020's bitcoin market stand out from the Wild West of 2017.

Crypto Startup Circle to Seek Banking License in US
Cryptocurrency startup Circle is in talks to become registered in the U.S. as a licensed bank and brokerage, according to a report.

Barclays Is Talking to Clients About Opening a Crypto Trading Desk
A person with knowledge of the situation said all major banks are likely to be weighing the same decision.

Riot Blockchain Acquires Futures Brokerage After Crypto Pivot
Riot Blockchain announced it would "investigate" creating a crypto exchange and futures product after acquiring a registered brokerage.
