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Coinbase to Allow Remittance Receivers in Mexico to Cash Out in Local Currency
19.2.2022
Coinbase, a leading U.S.-based exchange, has announced it will now allow remittance receivers in Mexico to cash out the funds received through its service in local currency. This marks the first foray of the company into the Mexican remittance business, allowing customers to cash out in more than...
Crypto Exchange Binance Halts Activities in Israel After Regulator Raises Licensing Issue
19.2.2022
Binance has reportedly halted services in Israel after the cryptocurrency exchange was approached by the country’s financial regulator inquiring about its activities and the licenses under which it operates. A growing number of regulators have been scrutinizing Binance for operating without...
Bank of Spain Approves Its First VASP License
18.2.2022
The Bank of Spain, the central bank of the country, has recognized the first cryptocurrency platform that will be able to operate and provide officially approved services in the country. The first exchange to receive this approval was Bit2me, which is now approved to act as a virtual asset service...
Crypto community condemns Canada for freezing dissidents' Bitcoin wallets
18.2.2022
Kraken CEO admitted that the firm could be forced to freeze some wallets by police, advising to move crypto out of exchanges
Binance Joins Russian Banking Union, Will Head New Crypto Department
18.2.2022
The crypto exchange giant Binance has joined the Association of Russian Banks (ARB), where its Russia and CIS (Commonwealth of Independent States) lead will head a new crypto department....
Read More: Binance Joins Russian Banking Union, Will Head New Crypto Department
API3 price gains 55% after new partnerships and exchange listings attract investors
17.2.2022
Partnerships, cross-chain integrations and a major exchange listing provided a 50% boost for API3 price
Ukraine’s updated crypto bill kicks one ministry out as regulator
17.2.2022
Ukraine’s crypto bill was previously returned for revision due to the creation of a new regulatory body for crypto oversight
Binance stopped 'all activities focused on Israel' following regulatory request: Report
17.2.2022
"Following the intervention of the capital market, Binance has at this stage stopped marketing to Israelis and all activities focused on Israel until we examine the issue of licensing,” said the Capital Markets Authority
India’s crypto tax provides little legal clarity for traders and exchanges
17.2.2022
The Indian government’s recent announcement of a 30% tax on crypto returns has sparked an industrywide discussion on its feasibility
The Republic of the Marshall Islands Allows Registration of DAOs as Legal Entities
17.2.2022
The Republic of the Marshall Islands has announced it will allow decentralized autonomous organizations (DAOs) to become legal entities. At the time of writing, only one DAO has successfully incorporated in the country. DAOs Will Be Allowed to Register as Legal Entities The Republic of the Marshall...
Compliance and User Protection Remain Binance’s Top Commitment
17.2.2022
The Covid-19 pandemic hit every possible industry in the world. Many companies had to shut their doors as people lost their jobs in large numbers. Future looks concerning with new variants coming up nearly every quarter. Markets are recovering, and people are now trying to get their jobs back....
LBank Exchange Will List Marhaba Network (MRHB) on February 17, 2022
17.2.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Feb. 17, 2022 – LBank Exchange, a global digital asset trading platform, will list Marhaba Network (MRHB) on February 17, 2022. For all users of LBank Exchange, the MRHB/USDT trading pair will be officially available for trading at 21:00 (UTC+8)...
Swyftx signs major sponsorship deal with Aussie National Rugby League
17.2.2022
Speaking on the partnership with the NRL, Swyftx CEO Ryan Parsons said that the “mass appeal of sport means it’s a hugely important way for exchanges to announce themselves.”
US-based crypto firms join forces for travel rule compliance
16.2.2022
“We are focused on adding new members, so that TRUST can provide comprehensive compliance across the crypto industry,” said the joint announcement
The Graph (GRT) gains momentum as Web3 becomes the buzzword among techies
16.2.2022
GRT gets a double-digit boost in price after its catalog of subgraphs expands and Web3 becomes a trending discussion topic among crypto and tech sector experts
Red Bull Racing Partners With Bybit, F1 Team Says It’s the ‘Largest per Annum Crypto Sports Deal to Date’
16.2.2022
Red Bull Racing (RBR) has announced the cryptocurrency exchange platform Bybit has joined RBR as a principal team partner. According to the announcement, RBR says the deal is the “largest per annum cryptocurrency sports agreement to date.” Red Bull Racing and Crypto Exchange Bybit...
SEC Scrutinizing Crypto Exchange Binance US — Chair Gensler Stresses ‘Basic Investor Protection’
16.2.2022
The U.S. Securities and Exchange Commission (SEC) is reportedly scrutinizing the U.S. arm of cryptocurrency exchange Binance over trading firms with links to Binance CEO Changpeng Zhao. SEC Chairman Gary Gensler emphasizes the need for “basic investor protection” in the crypto space....
New York Stock Exchange Files Trademark for Offering Trading Services in the Metaverse
16.2.2022
The New York Stock Exchange (NYSE) has registered a trademark application to offer digital currency and NFT trading services in the metaverse. The application, filed on February 10th, constitutes the first foray of the company into the concept of the metaverse. The organization might be competing...
Recipients in Mexico Will Be Able to Cash Out Crypto, Says Coinbase
16.2.2022
Coinbase’s new pilot program will enable users in Mexico to cash out their crypto in the local currency. They will be able to do so at 37,000 retail and convenience stores spread across Mexico. Coinbase announced the launch of the service in its blog post on Tuesday. It aims to shake up the global...
NYSE 'Coming to Metaverse', Files NFT-Related Trademark Application
16.2.2022
The New York Stock Exchange (NYSE), the world’s largest stock exchange, has filed a trademark application with the United States Patent and Trademark Office (USPTO) to register the term “NYSE” for an array of metaverse- and non-fungible token (NFT)-related products.
Trademark attorney Michael...