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Binance's New Platform in Japan to Provide Full Services from August


Binance revealed that it is finally ready to roll out its full services on its recently-launched subsidiary platform in Japan.  The confirmation came from the exchange’s founder, Changpeng Zhao, during a conference in Tokyo earlier today, which he attended via video.  Zhao said that the services...

Nigerian Social Payments Platform Bundle Ceases Crypto Exchange Operations


The Nigerian social payments platform Bundle said on July 20 it was shutting down its crypto exchange services business and will now focus on its peer-to-peer platform known as Cashlink. Bundle said users must withdraw or convert their digital assets to the stablecoin tether on or before Aug....

Securities Commission Cancels FTX Australia’s License


Australia’s securities regulator has canceled the license of the local FTX entity, allowing it to perform only limited financial services. These will be related to the termination of derivatives with clients and arrangements to compensate retail customers. ASIC Revokes Financial Services License...

Societe Generale Division Forge Receives Crypto Services License From AMF


French banking giant Societe Generale’s subsidiary, Forge, has been issued with the first crypto services license issued under the country’s crypto assets laws. According to France’s Autorité des Marchés Financiers, the license allows Forge to offer services which include crypto...

Nasdaq Halts Crypto Custody Plans Amid Tough US Regulatory Environment


Adena Friedman, CEO of Nasdaq, the international securities marketplace, announced that the firm is postponing its cryptocurrency custody plans due to the United States’ “regulatory environment.” During a Q2 earnings call, Friedman disclosed that Nasdaq aimed to launch...

Ripple Expects Business to Pick Up in the US After Landmark Ruling


Ripple, a cryptocurrency and remittance services company, expects to start offering its services to U.S.-based businesses after the recent ruling that determines the XRP token is not “necessarily a security” on its face. Stuart Alderoty, Ripple’s CLO, stated the company hopes...

Coinbase Pauses Staking Services in Several US States Amid SEC Lawsuit


Coinbase, the US-based cryptocurrency exchange, has temporarily paused its staking services in four states in response to legal proceedings from Securities and Exchange Commission (SEC). In a blog post on July 14, Coinbase announced that it was temporarily suspending its retail staking service...

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