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CryptoCurrency

Bybit Secures Preliminary Approval to Operate in Kazakhstan

  • The license enables the exchange to run a digital asset trading facility in the region.
  • Bybit will also offer digital asset custodial services under the agreement.
Monday, 29/05/2023 | 14:01 GMT by Jared Kirui
CryptoCurrency

Miami International Completes $50M Takeover of LedgerX from FTX

  • FTX sold LedgerX to monetize assets and deliver recoveries to stakeholders.
  • Three other subsidiaries permitted for sale remain unsold.
Friday, 19/05/2023 | 20:46 GMT by Solomon Oladipupo
Exchanges

Calls for Restoring UPI Access for Crypto Exchanges Reach Indian Authorities

  • Two proposals to reinstate UPI access for crypto exchanges have reached Indian authorities.
  • A third proposal is expected to follow.
Wednesday, 17/05/2023 | 15:33 GMT by FM Contributors
CryptoCurrency

SEC Reduces Defunct LBRY Fine to $111K

  • The SEC also asked the court to "enjoin" the crypto startup from violating its securities law.
  • LBRY allegedly pulled $11 million from investors in unregistered LBC tokens.
Monday, 15/05/2023 | 18:34 GMT by Solomon Oladipupo
CryptoCurrency

South Korean Lawmaker Faces Investigation over Suspicious Crypto Transfers

  • Kim Nam-kuk reportedly owned about 800,000 WEMIX coins in early 2022.
  • Court dismissed prosecutors' request for search warrant, Yonhap reports.
Monday, 08/05/2023 | 15:11 GMT by Solomon Oladipupo
CryptoCurrency

Coinbase Launches International Crypto Derivatives Exchange

  • Gemini's new crypto derivatives platform opened for trading earlier on Monday.
  • Both moves come as regulatory pressure mount on crypto firms in the United States.
Tuesday, 02/05/2023 | 15:44 GMT by Solomon Oladipupo
CryptoCurrency

European Parliament Approves Landmark Crypto Law, MiCA

  • MiCA demands that crypto exchanges and wallet providers are licensed.
  • The Parliament endorsed a separate law to monitor the transfer of cryptocurrencies.
Thursday, 20/04/2023 | 16:48 GMT by Solomon Oladipupo
Exchanges

The Global Regulatory Landscape of Cryptocurrency Exchanges: Challenges and Opportunities

  • Cryptocurrency Exchanges evolution is inevitable, but where do we go from here?
Monday, 10/04/2023 | 11:26 GMT by FM Contributors
Exchanges

Cryptocurrency Exchange Hacks and Insurance: Risks, Coverage, and Limitations

  • A look into Crypto Exchanges.
Wednesday, 05/04/2023 | 15:52 GMT by FM Contributors
Exchanges

Crypto Exchange Hacks and Insurance: Risks, Coverage, and Limitations

  • Crypto exchanges aren't risk free. Get to know why.
Tuesday, 07/03/2023 | 13:32 GMT by FM Contributors
CryptoCurrency

Coinbase Expects 2022 Revenue to Tank by over 50%

  • The gloomy expectation comes on the heel of current crypto market turmoil.
  • Coinbase's revenue dropped -29% to $576 million in Q3 2022.
Wednesday, 07/12/2022 | 21:40 GMT by Solomon Oladipupo
CryptoCurrency

Crypto Exchange Kraken Cuts Global Workforce by 30%

  • Kraken says the move is to help it "adapt to current market conditions.”
  • Gemini, Coinbase, BlockFi and Crypto.com have also pruned their teams in the last few months.
Wednesday, 30/11/2022 | 19:40 GMT by Solomon Oladipupo
CryptoCurrency

Ethereum Merge: The Key Events That May Determine ETH Price Reaction

  • Coinbase announced it will pause ETH deposits and withdrawals during the ETH merge.
  • Crypto exchanges added ETHW for trading in an event of a hark fork during the merge.
Wednesday, 17/08/2022 | 14:51 GMT by Matti Williamson
CryptoCurrency

Crypto.com Continues Global Expansion, Gets Approval in Cayman Islands

  • Crypto.com to offer a suite of digital asset products and services.
  • The crypto exchange announced securing VASP registration in South Korea on Monday.
Thursday, 11/08/2022 | 14:15 GMT by Solomon Oladipupo
CryptoCurrency

Gemini Approved as a Virtual Asset Service Provider in Ireland

  • The VASP approval was granted by the central bank of Ireland.
  • The news arrived after a leaked document showed Gemini is planning to axe 7% of its staff.
Wednesday, 20/07/2022 | 07:48 GMT by Matti Williamson
Executives

EXCLUSIVE: Crossover Markets Hires Jefferies' Daniel Hart as Director of Business Dev

  • Hart was the VP of Forex Prime Brokerage Sales at Jefferies.
  • Crossover Markets was founded by two former Jefferies and one Euronext FX executives.
Thursday, 14/07/2022 | 08:00 GMT by Solomon Oladipupo
CryptoCurrency

Despite Implicit Ban, Nigeria Rules Crypto as Securities; Can It Stand?

  • Digital token issuers cannot raise more than N10 billion ($25 million) within a year.
  • Critics say rules harsh to local industry.
Monday, 16/05/2022 | 21:55 GMT by Solomon Oladipupo
CryptoCurrency

Binance to Apply for a Digital Asset Exchange Platform License in Thailand

  • Binance partnered with Gulf Energy Development.
  • The number of crypto accounts in Thailand reached 2 million.
Monday, 18/04/2022 | 09:20 GMT by Matti Williamson
CryptoCurrency

CoinSwitch and WazirX Disable Cryptocurrency Deposits via Rupee Using UPI

  • Bank transfers through NEFT/RTGS/IMPS were disabled on CoinSwitch.
  • An Indian Parliament member insists that the crypto tax should be raised to 50%.
Wednesday, 13/04/2022 | 07:53 GMT by Matti Williamson
CryptoCurrency

Binance and Cuscapi Berhad Strategically Invest in MX Global

  • MX Global will use the invested capital for brand awareness and development.
  • High demand for cryptocurrencies is noted in Malaysia.
Tuesday, 01/03/2022 | 13:11 GMT by Matti Williamson
News

Crypto Exchange Gemini Hits a Valuation of $7.1 Billion

  • The crypto trading platform raised $400 million in growth equity funding.
Friday, 19/11/2021 | 09:13 GMT by Bilal Jafar
News

Ukrainian Authorities Take Down a Clandestine Network of Crypto Exchanges

  • The operators of the illicit network reportedly earned between 5 and 10% interest per transaction performed.
Friday, 13/08/2021 | 19:20 GMT by Felipe Erazo
News

German Court: No 3rd Party Confiscation for Crypto Exchanges

  • Dr Philipp Gehrmann and Dr Arne Klaas classify the legal background and effects of active German crypto exchanges.
Thursday, 29/07/2021 | 15:03 GMT by Tom Hazan
Executive Moves

Crypto Exchange Bybit Adds Banking Veteran to Compliance Team

  • Bybit is taking a proactive measure with the addition of Daniel Lim following its exit from the UK.
Tuesday, 09/03/2021 | 15:18 GMT by Aziz Abdel-Qader
News

Russian Crypto Exchange Livecoin Shuts Services after Hack

  • It lost control over its servers and temporarily moved media channels to a new domain, Livecoin.news.
Monday, 18/01/2021 | 08:43 GMT by Arnab Shome
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