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BNY Mellon joins State Street to service new crypto exchange
21.7.2021
Traditional financial institutions like State Street and BNY Mellon continue to get involved in the fast evolving cryptocurrency space
FTX smashes crypto funding record with $900m raise to become exchange decacorn
20.7.2021
The crypto derivatives exchange has seen its valuation soar over the past year, reflecting the rapid growth of digital assets over the same period
Despite Negative Press, Binance Is Still the World’s Largest Crypto Spot and Derivatives Exchange
19.7.2021
While Binance has had a few issues with payment service providers and regulators from a few countries, the centralized cryptocurrency exchange is still the largest trading platform in terms of trade volume. During the last 24 hours, Binance has recorded roughly $8.6 billion in swaps and the trading...
Indian regulator probes crypto exchange for alleged forex law violations
19.7.2021
The Directorate of Enforcement issued a show-cause notice to the crypto exchange for allowing clients to transfer cryptocurrencies without following the law of the land
Ethermon Builds an Alliance With CoinBurp for DeFi Games
19.7.2021
Ethermon introduces a leading decentralized gaming network with the consolidation of CoinBurp. The blockchain-rooted gaming network will appeal to clients who were children from the 90s and beginning 2000s. The clients who had built an affinity to the prominent animated show Pokemon are in for...
Bithumb Terminates Trademark Agreements With 2 Foreign-Based Exchanges
18.7.2021
Leading Korean crypto exchange Bithumb is terminating its trademark agreements with two coin trading platforms operating abroad under its brand name. The move comes as digital asset exchanges in South Korea prepare to comply with the country’s stricter regulations for the industry that will...
Historically low spot volumes and investor indecision weigh on Bitcoin price
17.7.2021
Bitcoin price struggles to gain momentum as historically low spot volumes and a strengthening dollar result in widespread indecision from most traders
Binance Quits Stock Token Trading as Hong Kong Adds to Mounting Regulatory Pressure
17.7.2021
Cryptocurrency exchange Binance has announced it will no longer support the trading of stock tokens. The decision comes against the backdrop of an ongoing regulatory crackdown, with Hong Kong becoming the latest to declare that the platform is not licensed to provide such services in...
German Bank Comdirect Now Offers 11 Cryptocurrency ETPs in Savings Plan
17.7.2021
German bank Comdirect, with about three million customers, is now offering 11 cryptocurrency exchange-traded products (ETPs). “Comdirect has succeeded in significantly bridging crypto investments to retirement plans, something that our clients have longed for a while,” the bank said....
Report: Tweaks to South African Tax Filing System to Result in Decreased Crypto Arbitrage
17.7.2021
Reports from South Africa suggest that tax authorities have plugged a loophole on the online tax filing system that enabled crypto arbitrage traders to make several purchases on overseas cryptocurrency platforms using just one approval. As a consequence of these tweaks, crypto arbitrage traders...
Visa, Mastercard Monitor Binance’s Regulatory Compliance as More Regulators Scrutinize the Crypto Exchange
16.7.2021
Payments giants Visa and Mastercard say they are monitoring Binance’s regulatory compliance developments as more regulators come after the global crypto exchange for operating in their countries without authorization. Visa, Mastercard Monitoring Binance’s Regulatory Troubles Visa...
Success in DEX? Fast-growing crypto exchanges may hurt DeFi investors
16.7.2021
As DEXs continue to accrue billions of dollars in TVL within days of their launch, some question whether they are manipulating their numbers
Lithuania Issues Warning to Binance, Warns Investors Crypto Services Are Not Regulated
16.7.2021
Binance’s regulatory troubles continue with Lithuania being the latest country to issue a warning about the cryptocurrency exchange. Lithuania’s announcement came one day after Italy issued a similar warning. Lithuania Warns Binance Lithuania’s central bank announced Friday that...
Italian Regulator Warns Binance Crypto Exchange Not Authorized to Provide Investment Services in Italy
15.7.2021
Binance’s regulatory troubles grow with Italy being the latest country to issue a warning on the global cryptocurrency exchange. Other countries that have issued similar warnings include the U.K., Japan, Thailand, and the Cayman Islands. Crypto Exchange Binance Unauthorized in Italy...
Australian digital finance industry wants to legally recognize DAOs
15.7.2021
A new legal initiative in Australia wants to allow DAO project governors to contract with other legal entities through DeFi tools
Italian finance regulator issues warning on Binance crypto exchange
15.7.2021
Italian Companies and Exchange Commission has warned that Binance is not authorized to facilitate crypto investment services in the country
Coinbase Pro Introduces MASK and RLY Networks
15.7.2021
In a recent turn of events, Coinbase Pro presents traders with lucrative offerings of Mask Network (MASK) and Rally (RLY) for their accounts. Clients of the trading platform will be permitted to exchange the network’s assets before the trading pursuits begin. From the launch date of July...
ShapeShift to decentralize entire company, plans for largest airdrop in history
14.7.2021
“It has become clear that open, immutable finance requires open, immutable organizations,” said Erik Voorhees, founder and CEO of ShapeShift
BitMart Lists Official Mars Token and Sportcash One (SCONEX)
14.7.2021
BitMart, the well-known crypto exchange, is making headlines after announcing two new coin listings. The platform is set to list Sportcash One (SCONEX) and Marks token in July. The coins will not go live on the same day, but the difference between their launch is a week apart. Sportcash One will...
Why Governments Are Cracking Down On Crypto Exchanges?
13.7.2021
2020 was a tremendously difficult year for countries around the world. While lockdowns forced a decline in economic growth, investors searching for inflation hedges resulted in asset prices taking off like a rocket. As money printing accelerated, crypto prices rocketed to the moon, up from lows...