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CryptoCurrency
Coinbase, Binance Among 16 Crypto Exchange Websites Blocked by Cambodia
2024-12-03T19:49:46.200+02:00
The Telecommunication Regulator blocked 102 domains, targeting crypto exchanges and gambling sites.
Two platforms are authorized under Cambodia's FinTech Sandbox, which bans digital asset-to-fiat exchanges.
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CryptoCurrency
OKX, Forteus, and Komainu Collaborate for 24/7 Institutional Crypto Trading
2024-11-27T11:16:03.728+02:00
Komainu secures assets and enables off-exchange settlement for Forteus on OKX.
Custody services integration reduces counterparty risks for institutional traders.
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CryptoCurrency
Why Is Bitcoin Trading Volume So High? BTC Turnover Rose by 80% in a Year
2024-11-18T14:13:40.397+02:00
Bitcoin's trading volume surged 80% year-over-year, driven by Trump's crypto-friendly stance and spot ETF approvals.
Daily volumes now consistently exceed $33 billion, with Binance capturing 52% of the market share.
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Regulation
7th Largest Crypto Exchange Relaunches in The UK Market, Offering 150+ Tokens
2024-11-12T12:00:00.000+02:00
Bitget is back in the country after fully complying with the newest crypto and financial promotions regulations.
The UK clients could help expand the current user base of 45 million and boost trading volumes even further.
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CryptoCurrency
OKX Launches Fully Licensed Platform for Retail and Institutional Investors in UAE
2024-10-11T12:17:39.206+02:00
UAE residents can use OKX for spot and express trading, qualified traders can access derivatives.
The firm has recently obtained an MPI license in Singapore to offer cross-border transfer services.
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CryptoCurrency
FTX Bankruptcy Plan Approved, Promising 119% Return to Creditors
2024-10-08T07:51:03.372+02:00
The plan involves distributing between $14.7 billion and $16.5 billion to creditors across more than 200 jurisdictions.
It comes less than two years after the crypto exchange's high-profile collapse in November 2022.
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CryptoCurrency
Kraken's 24/7 Derivatives Platform in Bermuda Obtains Regulatory Approval
2024-10-03T17:10:46.110+02:00
The new global derivatives venue in Bermuda allows clients to trade over 200 contracts.
Clients in eligible jurisdictions can access the platform through APIs and web/mobile applications.
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News
Binance Serves Users Despite 2023 Exit, Sees 43% Decline in Russian Traffic
2024-09-26T10:33:50.880+02:00
The firm's Russian-language Telegram channel remains active, providing updates to 130,000 subscribers.
It claims to have exited Russia; despite a drop, the country still accounts for 6% of its total website traffic.
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CryptoCurrency
Kraken Ramps Up European Presence by Acquiring BCM, Elevates Crypto Offering
2024-09-24T11:05:46.286+02:00
The acquisition enables the firm to operate as a registered VASP in France and Poland.
BCM clients will have access to over 200 digital assets, improved liquidity, and 24/7 support in local languages.
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Exchanges
Banking Giant Bets Big on EU's First Regulated Crypto Futures Platform
2024-09-17T11:17:12.897+02:00
Standard Chartered's SC Ventures leads investment in One Trading, formerly known as Bitpanda Pro.
The crypto exchange recently obtained regulatory approval for crypto derivatives trading in the EU.
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CryptoCurrency
Bybit Gains Provisional Crypto License in Dubai
2024-09-16T13:33:51.719+02:00
The crypto exchange established its headquarters in Dubai two years ago.
Although the provisional license is non-operational, it is a step closer to obtaining a full license.
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Exchanges
Crypto Crackdown Down Under: ASIC’s Pyrrhic Victory against Kraken
2024-09-09T09:05:25.842+02:00
An Australian court ruled that fiat margin trading requires compliance with the Corporations Act.
The company states an urgent need for clear crypto regulations in the country.
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CryptoCurrency
Trustpilot Flags “Fake” Binance Reviews: Disables Crypto Exchange's TrustScore
2024-09-05T08:38:19.683+02:00
80 percent of Binance reviews on Trustpilot have 1 star, while another 6 percent have only 2 stars.
Most of the top crypto exchanges are rated either “Poor” or “Bad” on Trustpilot.
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CryptoCurrency
Former Mt. Gox CEO Rolls Out New Crypto Exchange EllipX in Poland
2024-09-04T12:29:50.640+02:00
EllipX will initially serve European users and aims to comply with EU MiCA regulations.
The platform will begin as crypto-only, with future plans for banking and fiat services.
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Exchanges
Crypto Exchange Reveals Insane Plan to Pay Influencers $5 Million
2024-09-03T11:55:56.804+02:00
Bitget has launched a Task-to-Earn program, offering finfluencers a new way to earn commissions.
Nowadays, more traders are basing their investments on the advice of online personas.
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CryptoCurrency
Exclusive: Przemyslaw Kral Reveals How zondacrypto Turned Sports into Recipe for Success
2024-08-28T13:18:33.958+02:00
The crypto exchange leverages sports partnerships to fuel international growth, with Italy becoming its second-largest market.
Finance Magnates discussed zondacrypto's further plans and the recent ZND token launch.
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CryptoCurrency
Crypto Exchanges Flocking Towards Turkey: Coinbase, KuCoin Apply for Licence
2024-08-19T06:27:37.437+02:00
A total of 76 companies have been included in the list published by the Capital Markets Board of Türkiye.
Turkey ranks fourth in terms of crypto trading volumes.
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CryptoCurrency
WazirX Didn't Insure Customers’ Funds: Plans to Lock 45% Assets of ‘All Users’
2024-07-29T10:33:31.089+02:00
The exchange proposed a controversial plan to distribute the impact of the loss to all users.
It wants to lock 45 percent of all customers’ assets until recovery.
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CryptoCurrency
HSBC Australia Blocks Crypto Transactions amid $171M Loss
2024-07-25T10:34:38.364+02:00
The organization is blocking payments to cryptocurrency exchanges starting July 24.
Bendigo Bank has also decided to block payments to cryptocurrency exchanges.
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Exchanges
Crypto Exchange Bybit Targets Institutional Traders with 2 New Features
2024-07-24T10:31:03.486+02:00
Bybit has introduced a Spot Liquidity Pairing Program and a zero-fee Block Trading.
The exchange aims to enhance liquidity and facilitate large-scale transactions in the crypto market.
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Exchanges
Bitget Ranks Third among Crypto Exchanges for Capital Inflows in Q2
2024-07-11T10:24:12.744+02:00
Platform's Q2 2024 report reveals $700 million in capital inflow and a 50% increase in website traffic.
It also added 2.9 million new users and increased its overall market share.
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Exchanges
Crypto Exchange Volumes Dip 20% in June, But Huobi Bucks the Trend
2024-07-10T12:18:13.513+02:00
Huobi surpasses competitors, jumping from 5th to 3rd in spot volume rankings.
Year-on-year, the platform also recorded the strongest growth, a fivefold increase.
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CryptoCurrency
Bybit Surged Among Crypto Exchange Rivals: Can It Surpass Binance Too?
2024-07-09T11:37:12.097+02:00
Recent data shows that among centralized crypto exchanges Bybit is making the strongest growth.
Bybit COO Helen Liu identifies the exchange's Unified Trading Account feature as a key factor.
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Exchanges
Bitget Targets India Expansion with Crypto Regulatory Compliance Push
2024-07-03T10:18:40.904+02:00
The crypto exchange is currently in talks with the local market watchdog.
India is one of the fastest adopters of digital assets in the world.
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CryptoCurrency
WhaleFin Rebrands to S.BLOX for Sony's Crypto Exchange Transformation
2024-07-01T18:50:57.512+02:00
The rebranding includes a new user interface and mobile app; the launch date hasn't been set.
Originally DeCurret, the platform was acquired by Sony's Quetta Web Co. after being under Amber Group.
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