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South Korea Exchange Association Petitions OKX for Offering Services Without Approval
7.2.2024
A group of cryptocurrency exchanges known as the Digital Asset Exchange Alliance (DAXA) has reported rival OKX to the financial authorities in South Korea. According to a Feb 7 report, OKX faces regulatory scrutiny by South Korean authorities after a report that it targeted local traders without...
B2C2 Secures VASP Registration Ahead of MiCA Implementation
7.2.2024
UK-based digital asset liquidity provider B2C2 has secured a virtual asset service provider (VASP) registration expanding its operations to Luxembourg ahead of new rules being implemented in Europe. The Markets in Crypto Assets Regulation (MiCA), due to take effect this year, is the European...
Vast Bank Withdraws From Cryptocurrency Sector, Shuts Down Mobile App
7.2.2024
Vast Bank, the U.S. financial institution that once offered customers the unique ability to manage cryptocurrencies alongside traditional banking, is exiting the digital asset space and shutting down its crypto mobile app in response to a consent order from the Office of the Comptroller of...
Thailand Pushes Towards Digital Asset Hub with Introduction of VAT-Free Crypto Trading
7.2.2024
In a move to position Thailand as a leading digital asset hub, the country’s Finance Ministry has announced the exemption of value-added tax (VAT) on digital asset trading. The decision aims to promote digital assets as a new alternative tool for fundraising and drive the growth of...
Crypto Exchange Listing and Delisting Announcements: February 6, 2024
6.2.2024
  Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Inflows of US Digital Asset ETFs Hits Total of $7.7B in Four Weeks
5.2.2024
Digital asset management funds are still on a record rise. So far, the crypto-backed investment products have recorded $7.7 billion in total inflows in the US, according to a February 6 CoinShares report on crypto-backed investment funds. CoinShares Head of Research James Butterfill shared...
Digital Asset Investment Fund Record $708 Million Inflows as AUM Hit $53 Billion
5.2.2024
Digital asset investment funds have seen an increase in inflows across seven days following a market rebound after days of sell-offs. A new CoinShares Weekly Crypto Asset Flows Report shows massive inflows into Bitcoin (BTC) and other cryptocurrencies, raising yearly entries to $1.6 billion....
Coinbase Sees Positive Setup for Bitcoin as Exhaustion Hits Factors Pressuring BTC
5.2.2024
Cryptocurrency exchange Coinbase says many technical factors pressuring bitcoin, and crypto more broadly, are starting to be exhausted. “We expect macro factors to become more relevant for the digital asset class in the weeks ahead, which could be supportive for performance,”...
Bitfinex Securities Launches in El Salvador
3.2.2024
Bitfinex has launched Bitfinex Securities El Salvador S.A. de C.V., its securities tokenization services company in the country. The exchange, one of the first regulated digital asset service providers in El Salvador, expects its proposal to be well-received among potential customers and...
Thailand’s SEC Orders Zipmex to Suspend Trading and Brokerage Services
2.2.2024
Thailand’s Securities and Exchange Commission instructed cryptocurrency exchange Zipmex to temporarily suspend its digital asset trading and brokerage services beginning February 2. In a February 1 announcement, the SEC said that Zipmex has been given a 15-day period to fix its financial position...
Crypto Market Anticipates Release of $900M in Vested Tokens in February
2.2.2024
The digital asset market is anticipating the release of approximately $900 million in vested tokens in February. Various projects, including Avalanche, Aptos, The Sandbox, Optimism (OP), and Sui (SUI), are preparing to unlock tokens. Vesting refers to locking digital assets for a predetermined...
Thai Regulator Orders Zipmex to Suspend Digital Asset Trading and Brokerage Services
2.2.2024
Zipmex now has 15 days to correct its financial position and create a system to prevent the improper use of customer funds
House Financial Services Committee Members Demand More Time to Debate New Digital Payment Proposal
2.2.2024
Leading members of the U.S. House Financial Services Committee, Chairman Patrick McHenry, Subcommittee Chairman French Hill, and Representative Mike Flood, have requested an extension of the public comment period for the CFPB’s proposed rule on digital consumer payment applications. This...
From Crypto to Likes: The New Wave of Digital Asset Flipping Among Crypto Investors
2.2.2024
  In the ever-evolving world of investment, cryptocurrency enthusiasts are finding a new lucrative avenue – digital asset flipping. This emerging trend sees investors who once solely focused on the volatile crypto markets now venturing into the realm of social media, where flipping digital...
Bonk Price Prediction as BONK Struggles Amidst Bearish Market Sentiment – More Selling to Come?
1.2.2024
Source: Dall•E 3 Bonk price, a cryptocurrency that has been making headlines in the digital asset market, is currently facing a challenging period. Despite the broader bearish market sentiment, Bonk has witnessed an 8% decline in its price over the last 24 hours, now trading at $0.00001097. This...
Digital Asset Exchange Bybit Applies For Hong Kong VATP License
1.2.2024
Digital asset exchange Bybit has applied for a Virtual Asset Trading Operator (VATP) license in Hong Kong. The exchange filed the application to Hong Kong’s Securities and Exchange Commission (SFC) through Spark Fintech Limited according to the regulator’s website. The SFC official website shows...
Sponge Announces Strategic Transition to SPONGE V2 on Polygon Network After Liquidity Pool Attack
1.2.2024
Thursday, February 1st, 2024 – Meme coin Sponge has announced the discontinuation of Sponge V1 as it accelerates its migration to the SPONGE V2 Polygon version of the digital asset. The pivot to a solid architecture for gaming, which the fast-growing and scalable Polygon network offers, provides...
Binance Launches Inscription Marketplace for BRC-20 Tokens
1.2.2024
Digital asset exchange, Binance has launched its inscription marketplace that will allow users to trade and inscribe BRC-20 tokens and other related assets. According to a Feb 1 announcement, Binance noted that the marketplace will be a one-stop solution for inscription-based tokens with...
UK Police Seized $1.77 Billion in Bitcoin from Chinese Investment Fraud + More Crypto News
1.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s crypto news selection: UK Police Seized £1.4BN of Bitcoin from Chinese Investment Fraud Industry Leaders Band Together to Launch the Digital Assets...
Binance to Reduce Stake in South Korean Digital Asset Exchange GOPAX
31.1.2024
Cryptocurrency exchange Binance is looking to reduce its majority stake in GOPAX, a digital asset exchange based in South Korea. According to a new report from local media sources, Binance is considering selling some of its shares. The exchange will reveal its decision within a month or two citing...