Search
State Bank of India Blocks Payments to Cryptocurrency Exchanges on UPI Platform
15.9.2021
State Bank of India (SBI) has reportedly blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI). Payment processors have been told to disable the bank’s UPI for crypto merchants. Payment Processors Instructed to Disable SBI UPI for Crypto Firms State Bank...
Hong Kong landlords lease to crypto exchanges following regulatory clarity
15.9.2021
Crypto businesses in Hong Kong need to have a local license and are restricted to offer services only to professional investors
Authorities Seize USD 5.2m in Crypto from ‘Tax Dodgers’
15.9.2021
tax crackdown on suspected cases of unreported or underreported taxable income by studying customer data they were handed by the nation’s four largest crypto exchanges
Larger S Korean Crypto Exchanges Announce ‘Temporary’ End of Fiat Trading
15.9.2021
agement system (ISMS) certification if they are to continue offering crypto-to-crypto trading. But if they want to offer fiat KRW pairings,
Crypto Exchange Coinbase Unveils Plan to Raise $1.5 Billion by Selling Bonds
14.9.2021
Amid trouble with the U.S. Securities and Exchange Commission (SEC), global cryptocurrency exchange Coinbase unveils its plan to raise $1.5 billion by selling bonds. Coinbase Plans to Issue $1.5 Billion in Bonds Coinbase Global Inc. (Nasdaq: COIN) announced Monday “its intention to offer...
New report reveals top-graded exchanges at three-year peak volume dominance
14.9.2021
The CryptoCompare report ranked the performance of several crypto exchanges across metrics such as security and asset diversity to conclude their findings
SEC Chief May be Gunning for Crypto Exchanges and Altcoins
14.9.2021
a> and ethereum (ETH) exclusively.Gensler is set to appear before the US Senate Committee on Banking, Housing, and Urban Affairs today, ahead of which his
FSC Regulatory Overhaul Expected to Shut Down 40 Crypto Exchanges in South Korea
14.9.2021
A new regulatory overhaul could put 40 out of 60 exchanges out of business in South Korea after the firms are expected to fail to meet the conditions that are being proposed by the Financial Services Commission (FSC). This action might also affect holders of locally used “kimchi”...
Singapore’s Largest Bank DBS Sees Rapid Growth in Crypto Business, Robust Demand From Investors
14.9.2021
DBS Group Holdings, the largest bank in Singapore and Southeast Asia, says its crypto business is “growing very rapidly.” The bank’s digital asset trading platform expects to double the number of members by year-end. Singapore’s DBS Expects Substantial Growth in Crypto...
Harvest Holidays Could Wreak More Crypto Exchange Havoc in South Korea
13.9.2021
is time, the entire nation will effectively shut down, much as is the case during Christmas holidays in Western Europe and North America.That leaves just six working days before September 24, the end of the regulatory Financial Services Commission's six-month grace period for crypto exchanges
Another Japanese Crypto Exchange Will Add XRP Support
13.9.2021
lowing a period of maintenance. The firm added that in addition to spot trading, the coin would also “be available” for margin and leveraged trading.Like many other international exchanges, a large number of Japanese trading platforms delisted or “temporarily suspended” XRP trading after the
Majority of Korean crypto exchanges to shut down this month, insiders say
13.9.2021
Failure to meet South Korean regulators' new requirements is expected to wipe out tens of crypto exchange operators
Indian crypto exchanges prepare ad blitz for festive season
13.9.2021
Indians exchanges are urging locals to buy and give Bitcoin during the upcoming holiday season
Russian Central Bank Tells Domestic Banks to Block Crypto Exchange Transactions
13.9.2021
gal business activities” such as “cryptocurrency exchanges,” which it clumped together in the same group as “online casinos and lotteries,” “financial pyramid schemes” and forex dealers.The central bank said it wanted domestic financial institutions to “block transactions” and “completely sto
During September DBX Will Be Listed on the World’s Major Crypto Exchanges
11.9.2021
PRESS RELEASE. TALLIN, ESTONIA -The most interesting event of this fall is the listing of DBX tokens, that will be available around the world at the beginning of the season. The long-awaited listing of DBX will take place on 7 of the world’s most famous exchanges. The good news is that...
Major Korean Exchanges Secure Real-Name Account Arrangements With Local Banks
10.9.2021
Leading cryptocurrency exchanges in South Korea have reached agreements with Korean banks to maintain the issuance of real-name accounts, media reports revealed. The deals, although not yet permanent, will allow the trading platforms to register with financial authorities before the Sept....
South Korea: Four Exchanges Safe but USD 2.6B Closure Storm Brewing
10.9.2021
To do so, they need to fulfill a number of criteria, including securing information security management system (ISMS) certification and real-name authenticated banking contracts for their customers. The latter has proved extremely problematic for most exchanges.The market leader Upbit last
Robinhood Launches Recurring Crypto Buy Feature to ‘Help Smooth Out Price Swings’
10.9.2021
On Wednesday, the stock and cryptocurrency trading platform Robinhood rolled out recurring crypto investments and now customers can purchase as little as $1 in crypto commission-free daily, weekly, biweekly, or monthly. The company’s announcement discusses the strategy of investment called...
South African Exchange Sets New Crypto Withdrawal Limits — Restrictions ‘a Deterrent for Illicit Actors’
9.9.2021
One of South Africa’s biggest cryptocurrency exchanges, Luno, has confirmed that it has started restricting withdrawals by clients. The exchange insists the limits are meant to “act as a deterrent for illicit actors moving large amounts of funds within the crypto ecosystem.”...
Liquidations Spike as Crypto Market Corrects
7.9.2021
eum/">ethereum (ETH) had dropped by 5% to trade at just over USD 3,700.The sudden price drop appears to have taken crypto derivative traders by surprise, with a clear spike in liquidations of “long” positions of all cryptoassets seen across exchanges. Long liquidations reached more than U