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South Korean Crypto Exchanges Plead for 6 Months of Regulatory Mercy


Source: AdobeStock / Chee-Onn Leong South Korean blockchain organizations have told regulators that it will be impossible for the nation’s crypto exchanges to meet a September 24 registration deadline and want six more months to prepare – although it looks like their pleas may have fallen on deaf...

Binance Tightening KYC Procedure, The Screaming Sheep NFT + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Crypto exchange Binance has announced they have tightened the customer verification requirements on their platforms, as they extend...

Insurance on Crypto Exchanges Inches Up, KYC Still Weak - Report


Cryptocurrency exchanges are showing an increase in their tendency to insure clients’ assets, both formally and in informal ways through insurance funds, a new report finds. On the other hand, know-your-customer (KYC) stringency is still weak on many exchanges, with around a third having poor...

Bitcoin and Ethereum Hold Gains, ADA, XRP and DOT Surge


Bitcoin price formed a base above USD 44,000 and started a fresh increase. BTC is back above USD 47,000 and it is currently (11:45 UTC) consolidating gains. To continue higher, the price must gain momentum above the USD 48,000 resistance. Besides, most major altcoins are showing positive signs....

Australian Police Makes Record Crypto Seizure With Dark Web Drug Bust


Australia’s Victoria Police have collected close to AUD 8.5m (USD 6m) worth of cryptocurrency in its recent clampdown on dark web drug trafficking. The bust, which targeted a number of properties in the country’s south-eastern state of Victoria, is said to be Australia’s biggest crypto seizure...

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