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Binance’s Local Exchange Receives Dubai License, Initiates UAE User Migration
27.6.2024
Binance is transitioning UAE resident accounts to its new regulated local entity, Binance FZE, following a Virtual Asset Service Provider license from Dubai’s regulator. This change will allow UAE users to access various virtual asset services locally, including AED bank deposits...
Binance Japan to Use KYC Services From Liquid
13.8.2023
The world’s leading cryptocurrency exchange, Binance, has selected Liquid as an identity verification partner for its Japanese platform. The services of the Tokyo-headquartered biometrics firm will allow Binance Japan to ensure its know-your-customer (KYC) procedures comply with Japan’s strict...
Brazilian Digital Real Passes Public Blockchain Pilot Test With Flying Colors
27.2.2023
A tokenized version of the digital real, the Brazilian central bank digital currency (CBDC), has passed a public blockchain pilot test successfully. The test, which was carried out by Mercado Bitcoin, a local exchange, using the Stellar network, shows that the digital real token can be used...
After Years of Uncertainty, Cryptocurrency Exchanges Can Open Bank Accounts in Chile
30.10.2022
After years of court battles in Chile, a cryptocurrency exchange has managed to open a bank account in Bci, a financial institution that established a protocol to serve these businesses. The first exchange that opened a bank account with the institution was Buda, a local exchange, which satisfied...
Telefónica, Spain's Largest Telco, Allows Purchases With Crypto, Invests in Local Exchange Bit2Me
29.9.2022
The company activated purchases with crypto on its technology marketplace after adding a payment feature provided by Bit2Me
Busan City announces FTX partnership to build local exchange
31.8.2022
South Korea's 'Blockchain' city of Busan continues to establish partnerships to foster the growth of the cryptocurrency industry
Indonesia's Biggest Tech Firm Enters Crypto With Purchase of Local Exchange: Report
30.8.2022
GoTo Gojek Tokopedia, Indonesia's biggest tech company, has entered the cryptocurrency market with the purchase of local crypto exchange Kripto Maksima Koin, Reuters reported Monday
Dutch Central Bank Revokes Strict Verification Rules for Crypto Exchanges
21.5.2021
The cryptocurrency industry in the Netherlands has won a small but significant battle. The country’s central bank has canceled some excessive verification procedures that it imposed on crypto service providers last fall. The move comes after a local exchange took the matter to court....
Spain Is ‘Close’ to Regulating Crypto-Related Ads in the Streets, Says CNMV President
1.4.2021
Spanish financial authorities don’t seem to be happy with the massive crypto-related advertising campaigns deployed across Madrid’s streets. The National Securities Market Commission (CNMV) is rushing to approve a regulation on such ads that promote bitcoin in Spain. Proposal Comes...
OKEx Expands Into India’s Crypto Market via Partnership With Local Exchange
14.2.2020
OKEx partnered with India’s largest cryptocurrency trading platform, CoinDCX, to launch a new crypto futures product in the country