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Coinbase is overtaken in trading volume by Crypto.com due to institutional growth 👀

Coinbase is overtaken in trading volume by Crypto.com due to institutional growth 👀

Your Crypto.com Update 🚀

Get the latest scoop on Crypto.com’s recent achievements and milestones in the crypto world. From surpassing Coinbase in daily trading volume to receiving new licenses, Crypto.com is making waves in the industry. Dive into the details and stay informed about this leading crypto exchange. 📈

New Heights in Trading Volume 📈

Discover how Crypto.com has surged ahead in daily trading volume, hitting an impressive $3.16 billion on August 1. With a significant lead in USD-supported spot trading volume in July, Crypto.com is setting new records and challenging the competition. 🌟

  • Reported trading volume reaches $3.16 billion on August 1.
  • Top spot in USD-supported spot trading volume in July.
  • Market share dominance at 38.5% ahead of competitors.

Continued Growth and Expansion 🚀

Explore how Crypto.com’s reported volume continues to grow, with a 25.33% increase in trading volume in the past 24 hours. As the industry evolves, Crypto.com remains at the forefront of innovation and market trends. Stay ahead of the curve with Crypto.com. 💡

  • Trading volume surge of 25.33% in the past 24 hours.
  • Leading the competition in trading volume growth.
  • Continuous commitment to market share growth.

Crypto.com’s Regulatory Milestones 🏛️

Learn about Crypto.com’s recent regulatory approvals and licenses, including the Virtual Asset Service Provider (VASP) license in Ireland. As the crypto landscape evolves, regulatory compliance is crucial for industry players. Stay informed about Crypto.com’s regulatory journey. 🌐

  • Approval as a VASP in Ireland by the CBI.
  • Expansion of offerings in Ireland for crypto-to-fiat exchanges and fiat wallets.
  • Inclusion among major regulated crypto firms in Ireland.

Global Recognition and Compliance 🌍

Discover how Crypto.com’s approval as a VASP in Ireland and Hong Kong showcases its commitment to global compliance and regulatory standards. As the crypto industry matures, regulatory approvals play a crucial role in building trust and credibility. Join Crypto.com on its compliance journey. 🌐

  • Recognition as a licensed entity in Ireland for VASP services.
  • Approval from the Hong Kong Securities and Futures Commission.
  • Expansion and growth in the global regulatory landscape.

Hot Take 🔥

Stay updated on the latest developments in the world of crypto with Crypto.com. From significant trading volume milestones to regulatory approvals, Crypto.com is paving the way for the future of finance. Join the movement and stay ahead of the curve with Crypto.com. 🚀

Sources:
1. Messari
2. South China Morning Post

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This content is aimed at sharing knowledge, it's not a direct proposal to transact, nor a prompt to engage in offers. Lolacoin.org doesn't provide expert advice regarding finance, tax, or legal matters. Caveat emptor applies when you utilize any products, services, or materials described in this post. In every interpretation of the law, either directly or by virtue of any negligence, neither our team nor the poster bears responsibility for any detriment or loss resulting. Dive into the details on Critical Disclaimers and Risk Disclosures.

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Coinbase is overtaken in trading volume by Crypto.com due to institutional growth 👀