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Foreign Crypto Exchanges Like Paxful, Binance to Pay 1.5% Tax Under Kenya’s New Regulations
16.10.2020
The Kenya Revenue Authority (KRA) has clarified that its planned digital service tax (DST) will be applicable to cryptocurrencies at a rate of 1.5% on gross transaction value, local media reported. In August, the agency announced new rules for the taxation of what it calls “digital...
OKEx Denies Investigation of Founder Star Xu Is Related To Money Laundering
16.10.2020
OKEx has denied that the ongoing investigation of its founder is related to an anti-money laundering investigation
OKEx Founder ‘Star’ Xu Named as Key Holder in Police Custody: Report
16.10.2020
Caixin sources said Mingxing "Star" Xu, had been taken by police at least a week ago and hasn't been seen since
Why Bitcoin price abruptly dropped 3% in 30 minutes on OKEx freeze
16.10.2020
The price of Bitcoin dropped 3% in just 30 minutes after the major cryptocurrency exchange OKEx suspended withdrawals
Bitcoin.com Exchange Announces Public Sale of the Atari Token on October 29, 2020
16.10.2020
Price per Atari Token: $0.25 IEO platform has been enabled for prospective purchasers to pass KYC before public sale NEW YORK/ PARIS – October 16, 2020 – Bitcoin.com Exchange, one of the leading authorities in cryptocurrency exchanges announces the details of the upcoming public sale...
Foresight or folly? Data show 70% of exchanges are unmoved by DeFi volume
15.10.2020
Survey data show centralized exchanges are not worried about DeFi trading volumes, so why are they building their own DEXs?
Mt Gox Rehabilitation Plan Delayed Again to December 15
15.10.2020
The submission deadline for the Mt Gox civil rehabilitation plan has been extended once again, this time to December 15. The deadline has been pushed back at least three times before, including in the latest case, where submission was scheduled for October 15. Mt Gox’s rehabilitation trustee...
How the DeFi Craze Made Its Way to China
15.10.2020
DeFi is booming in China, with startups adapting and building on popular western projects within the nation's active crypto economy
Five mega exchanges hold 10% of Bitcoin's entire supply
15.10.2020
The Bitcoin ecosystem continues to be dominated by a handful of platforms and companies
BitMEX charges send ‘a message’ to global exchanges: Crypto Mom
15.10.2020
The SEC Commissioner said the recent legal action taken against BitMEX shows the need for the international industry to take AML regulations seriously
The US Crypto Enforcement Framework Is a Warning to International Exchanges
14.10.2020
The U.S. Department of Justice’s cryptocurrency enforcement framework is a warning shot to exchanges worldwide: Comply with U.S. law or face the potential wrath of the federal government
Centralized Exchange Operators Believe Low Liquidity on DEX Platforms Stops User Migration
14.10.2020
Centralized cryptocurrency exchanges (CEX) operators say they are unfazed by the increasing trading volumes on decentralized exchanges (DEX) because the latter’s liquidity is still too insignificant to cause user mass migration. The majority of CEX operators also insist that it is very...
Bitcoin price dump ‘not going to happen’ as whales stay off exchanges
13.10.2020
The post-BitMEX trading arena is not skewed to selling despite BTC/USD nearing $11,500, CryptoQuant data shows
Fundstrat Warns of Trading on Offshore Crypto Exchanges
12.10.2020
Tom Lee. Regulators could have their sights locked on a new target in the crypto world – with Tom Lee’s Fundstrat Global Advisors warning that trading on offshore exchanges might become riskier.
The investment advisory firm, based in New York, has issued a new report on the crypto space...
BitMEX Exchange Hires Compliance Chief After US Charges
12.10.2020
BitMEX, the cryptocurrency derivatives exchange recently charged by U.S. authorities for offering illegal trading services, has hired a compliance veteran
Q3 Crypto Volumes up by $155 Billion as Defi Hype Drives DEX Growth by 197%
11.10.2020
The latest data from Coingecko shows that the combined trading volumes of cryptocurrency exchanges went up by $155 billion between July and September, from $175.7 billion to $330.6 billion. The new total volume represents a 88% increase which Coingecko attributes to the decentralized finance (defi)...
Memo to crypto exchanges: KYC compliance can be a competitive advantage
9.10.2020
More regulation is coming, and it will be costly, but compliance can also expand an exchange’s customer base
Binance UK Director Departing After Less Than 6 Months
9.10.2020
Binance’s director of growth and institutional business will take on responsibility for the U.K. arm following the departure of Teana Baker-Taylor
Venture Capitalist Tim Draper Bets Big on Indian Crypto Exchange, Undeterred by Crypto Ban Reports
9.10.2020
American entrepreneur and venture capitalist Tim Draper has invested in Indian cryptocurrency exchange Unocoin despite regulatory uncertainty and reports of a possible crypto ban in India. Unocoin has seen the number of new users grow 10-fold since the supreme court quashed the banking restriction...
Dutch Central Bank Gives First Approval to Digital Asset Exchange
9.10.2020
AMDAX has become the first to register with Holland's central bank under recently implemented EU anti-money laundering regulations