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Binance to End Support for BUSD Stablecoin, Remaining Balances Converted to FDUSD
29.11.2023
Binance ends BUSD support and transitions to FDUSD stablecoin after regulatory troubles. Image by maurice norbert, Adobe Stock. Major cryptocurrency exchange Binance announced today in a blog post that it will end support for its Binance USD (BUSD) stablecoin on December 15. The move comes after...
Bittrex Global to Halt All Trading in December as it Winds Down Operations
21.11.2023
Source: ShutterStock Bittrex Global has announced to wind down most exchange operations and trading activities in the coming weeks. Effective December 4 at 6:00 p.m. UTC, Bittrex Global will disable all trading activity on its exchange and terminate client relationships. Following this date, users...
Binance to Halt Russian Ruble Deposits as Part of Exit Strategy from Russia
10.11.2023
Source: Pixabay / Paolinio Binance, the largest cryptocurrency exchange, has officially announced plans to cease the deposit of Russian rubles on its platform due to the discontinuation of operations in Russia. On November 11, the crypto exchange Binance announced that it would stop accepting...
Binance to terminate Russian ruble deposits next week
10.11.2023
Binance Russia users will have slightly more than two months to withdraw their rubles from the exchange or until Jan. 31, 2024
PayPal scores UK crypto license after brief local Bitcoin buy halt
1.11.2023
Licensed by the FCA on Oct. 31, 2023, PayPal has requirements or restrictions placed on the financial services activities that it can operate
Aptos Resumes Network Activities After Five Hours; OKX and Upbit Temporarily Halt Transactions
19.10.2023
Layer 1 blockchain Aptos has announced normalcy to its operations following a five-hour outage that impacted trading activities including a temporary suspension from two exchanges.
The company disclosed a return to the status quo via a social media post on X (Twitter).
“The issue has since been...
Bitcoin Price Prediction: MicroStrategy Boost, Binance's UK Halt, and BlackRock's ETF Snub
17.10.2023
In a rollercoaster week for Bitcoin, the premier cryptocurrency saw its price rise to $28,400, marking a 4.5% uptick on Tuesday. Several significant events influenced this trajectory.
MicroStrategy's mammoth Bitcoin purchase acted as a bullish signal, offering some warmth during the prevailing...
Pennsylvania crypto mining permit halt cut from bill after union pressure
17.10.2023
The bill’s sponsor Greg Vitali included a clause that instead subjects miners to ongoing reporting requirements to get the bill past a House Committee
THORswap back online 6 days after halt over detecting FTX funds
13.10.2023
According to blockchain analytics firm Elliptic, the anonymous FTX exploiter has used THORSwap to convert ETH to BTC, which is traceable on-chain
Bitstamp’s departure from Canada is ‘timing issue,’ says CEO
11.10.2023
Bitstamp’s decision to discontinue operations in Canada is “primarily a timing issue” related to the firm’s expansion priorities, Bitstamp U.S. CEO said
Gemini to halt operations in the Netherlands by mid-November
29.9.2023
The company cites the inability to meet the regulators’ requirements but says it intends to return to the Dutch market
Gemini to Halt Crypto Services in the Netherlands Due to Regulatory Pressure - Here's What You Need to Know
26.9.2023
Crypto regulation in the Netherlands has led Gemini to discontinue its services in the country. In an email sent to users today, the exchange announced that it will cease offering its services starting November 17, 2023.
This move comes in response to stipulations put in place by the...
Chase UK to Block Crypto Payments Amid Scam Concerns and Regulatory Changes
26.9.2023
JPMorgan Chase & Co.’s U.K. division, Chase UK, is putting the brakes on cryptocurrency-related payments. Come October 16, any Chase UK customers attempting to make a bank transfer or card payment linked to crypto will find themselves thwarted. Chase UK to Halt Crypto Payments...
Terra Classic Votes to Halt USTC Minting; Community Eyes Future Re-Peg
24.9.2023
Following a decisive vote by the Terra Classic community, an initiative to halt the creation of the previously termed stablecoin, terra usd (commonly referred to as UST or USTC), has been approved. Despite 40.56% opposition, 59.42% of the vote gave the nod for the software update. Minting Freeze...
Fraud Investigation of Crypto Exchange JPEX Triggers Trading Halt, Arrests, Increased Regulatory Scrutiny
20.9.2023
A fraud investigation of cryptocurrency exchange JPEX in Hong Kong has led to the shutdown of some trading activities on the platform, the arrest of multiple people, and increased regulatory scrutiny of the entire crypto sector. “This incident highlights the importance that when investors want...
Republicans Introduce Bills to Halt CBDC Implementation
15.9.2023
Lawmakers for the House Financial Services Committee (HFSC) introduced three bills on Thursday aimed at curbing the Federal Reserve's potential foray into the world of CBDCs.
The trio of bills rekindled prior Republican efforts to explicitly restrict the Federal Reserve from issuing a digital...
Luno Exchange to Temporarily Halt Certain UK Client Investments Due to Upcoming FCA Regulations
12.9.2023
Luno, a crypto exchange owned by Barry Silbert’s Digital Currency Group (DCG), plans to stop certain UK clients from trading crypto due to regulatory changes that are coming into effect.
The new regulations, introduced by the UK’s Financial Conduct Authority (FCA) and expected to come into effect...
Luno to Halt Some UK Clients From Investing in Crypto as Regulation Looms
11.9.2023
The U.K. Financial Conduct Authority crypto promotion rules will be coming into effect by October 8
UK's Travel Rule comes into effect, could halt certain crypto transfers
1.9.2023
The crypto Travel Rule, which came into effect on Sept. 1, aims to stop anti-money laundering and counter-terrorist financing activities carried out on-chain
Heatwave and Debt: Laos Suspends Crypto Mining Operations Amid Rising Power Demands
26.8.2023
In recent developments, Electricite du Laos (EDL) announced on August 24 that the power company shut down cryptocurrency mining activities. This decision came after this summer’s unprecedented heat surge escalated electricity demands. Furthermore, these mining operations have reportedly been...