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Telegram CEO Arrested, Coinbase CEO Bullish on Crypto Payments, and More — Week in Review
1.9.2024
The arrest of Telegram CEO Pavel Durov in France has sent shockwaves through the crypto community. Coinbase CEO Brian Armstrong expressed optimism about the future of crypto payments, predicting it as the next big boom driven by advancements in technology. The SEC has issued a Wells notice...
Indonesia and South Korea Sign New Local Currency Agreement to Boost Trade
1.9.2024
Bank Indonesia, the Bank of Korea, and South Korea’s Ministry of Economy and Finance have introduced a local currency transaction framework to boost bilateral trade using the rupiah and won. This initiative aims to reduce exchange rate risk and improve transaction efficiency by facilitating...
UBS Predicts Further Weakening of US Dollar
31.8.2024
UBS predicts further depreciation of the U.S. dollar due to narrowing interest rate differentials, ongoing U.S. fiscal deficit concerns, and a shift in global central bank strategies. Despite a brief rally, UBS has downgraded the U.S. dollar to its Least Preferred status, while upgrading the euro...
Nigeria Approves Two Crypto Exchanges, Warns Against Patronizing ‘Illegal Operators’
31.8.2024
The Nigerian Securities and Exchange Commission (SEC) has granted “approval-in-principle” to Busha Digital and Quidax Technologies, the first digital asset exchanges to operate in the country. Additionally, four digital asset offering platforms and one custodian have been admitted...
24X Exchange files amended application that could bring 24/7 trading to crypto ETFs
30.8.2024
It would be the first time crypto ETF shares that could be traded after-hours in the US.
24X Exchange files amended application that could bring 24/7 trading to crypto ETFs
30.8.2024
It would be the first time crypto ETF shares that could be traded after-hours in the US.
PancakeSwap Extends 4th Birthday Campaign: More Time to Win!
30.8.2024
PancakeSwap, one of the leading decentralized crypto exchanges, is gearing up for its fourth anniversary on September 22.…
First Solana Spot ETF Raises $2.75 Million on Brazilian Stock Exchange
30.8.2024
On Thursday, the first Solana spot exchange-traded fund (ETF) product raised over $2.75 million during its public offering on B3, the Brazilian stock exchange. The product, previously approved for trading by the Brazilian securities regulator (CVM), is offered by QR Asset, which also has...
Quidax Becomes Nigeria’s First SEC Licensed Crypto Exchange
30.8.2024
PRESS RELEASE. Lagos, Nigeria, 29th August 2024 – On Thursday, African-founded cryptocurrency exchange, Quidax announced that it has become the first crypto exchange to receive a provisional operating license by Nigeria’s Securities and Exchange Commission (SEC) as a Digital Assets Exchange....
Washington State Probes Alleged Crypto Fraud Linked to Fake Nasdaq Exchange
30.8.2024
The financial watchdog in Washington State is currently probing a complaint regarding a cryptocurrency platform that allegedly purports to be associated with the Nasdaq Stock Exchange. This inquiry began after an investor reportedly put in $200,000 following a solicitation on Facebook that...
Bitcoin exchange reserves reach new yearly low amid $60K price retest
30.8.2024
Crypto analysts think that the declining Bitcoin supply on exchanges suggests “something is happening” that could support a bull market, provided demand “continues to grow.”
Binance CEO Addresses Allegations of the Exchange Seizing All Palestinian Funds
30.8.2024
The CEO of Binance has responded to allegations that the cryptocurrency exchange seized all funds from Palestinians at the request of the Israeli Defense Forces. Ray Youssef, CEO of Noones, criticized Binance, accusing it of yielding to external pressures and engaging in discriminatory practices....
U.S. House Committee Plans for Heap of Crypto Hearings in September
29.8.2024
The U.S. House Financial Services Committee is poised to launch a series of crypto hearings digging into several aspects of the industry, including decentralized finance (DeFi), the Securities and Exchange Commission's oversight of digital assets businesses and the implications of "pig butchering"...
Cboe files amended applications to list Bitcoin, Ethereum options in US
29.8.2024
The applications cover ETFs from issuers including Grayscale, iShares, and Fidelity.
Indian Court Orders Scam Websites Using Crypto Exchange Mudrex's Name to Be Taken Down
29.8.2024
Indian cryptocurrency exchange Mudrex won a court order telling the country's Ministry of Communication to take down as many as 38 websites that were exploiting the company's name to carry out scams
Crypto.com, Standard Chartered partner for global fiat services
29.8.2024
Crypto.com partners with Standard Chartered Bank to provide fiat currency services in over 90 countries, starting in the UAE
HashKey adds AVA and LINK trading for Hong Kong retail investors
28.8.2024
Previously, Hong Kong crypto buyers worth less than $1 million only had Bitcoin and Ether to choose from
Binance CEO Teng Rejects Allegations the Exchange Froze All Palestinians' Funds
28.8.2024
The crypto exchange complies with anti-money laundering legislation, he said
Washington State Regulator Warns of Potential Fraud by BIB Crypto Platform
28.8.2024
The Washington State Department of Financial Institutions (DFI) issued a consumer alert on Tuesday, stating that it has received a complaint regarding possible fraudulent activities by a cryptocurrency trading platform named BIB. An investor reported that after transferring 20,000 USDT to...
Coinbase CEO Brian Armstrong Predicts Payments Will Be Crypto’s Next Big Boom
28.8.2024
Coinbase CEO Brian Armstrong reflects on the past decade of the cryptocurrency industry, highlighting his initial expectation that payments would be the primary application for crypto. Instead, trading became the dominant force. Looking ahead, Armstrong remains optimistic about the future of crypto...