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Operating a crypto exchange in Japan is ‘rather tough,’ FSA chief admits
10.8.2021
Japan’s newly appointed Financial Services Agency Commissioner Junichi Nakajima believes Bitcoin is a quick way to transfer cash, but people use BTC for speculation and investment
Digital asset exchange Blocktrade concludes $25M investment round
10.8.2021
The company underwent a successful securities offering earlier this year, receiving support from over 6,000 European investors
Coinbase’s capital markets head reportedly leaves company
9.8.2021
People familiar with the matter claimed Brett Redfearn's departure was due to Coinbase shifting its priorities away from digital asset securities
SEC Fines Poloniex $10 Million for Operating Unregistered Cryptocurrency Exchange
9.8.2021
The U.S. Securities and Exchange Commission (SEC) has charged Poloniex with operating an unregistered cryptocurrency exchange. Poloniex has agreed to a cease-and-desist order and to pay $10.34 million. SEC Hits Poloniex With Cease-and-Desist Order, Penalties The SEC announced Monday that...
Indonesian crypto exchange Pintu raises $35M in Series A
9.8.2021
Pintu’s backers believe the exchange has the potential to become one of crypto’s leading brands in Indonesia and Southeast Asia more broadly
Poloniex settles charges with SEC for operating unregistered exchange
9.8.2021
Poloniex will reportedly pay over $10 million as settlement for the SEC indictment
Adamant Finance and IDEX Join Hands on Polygon
9.8.2021
Adamant Finance has just announced a warm welcome to their future partner, IDEX. Adamant Finance is welcoming IDEX to the Polygon network. The two teams have announced their plans to collaborate. IDEX was launched a few years back in 2017. Its biggest claim to fame is the fact that it was...
Polytrade and Gate.io Join Hands to Ease Down the Finance Sector
9.8.2021
Polytrade, a leading finance company, announced its collaboration with Gate.io. Gate.io is among the leading top ten cryptocurrency exchanges globally, with real-time trading volumes and secure and transparent transactions. The similarities between Polytrade and Gate were quite evident, with both...
KYC tools can minimize hassle for US crypto market, FTX CEO says
9.8.2021
FTX will now use phone numbers to confirm user's jurisdiction and names in addition to testing new KYC tools
Brazilian Court Sell $1.1 Million in Bitcoin Seized by Federal Police
9.8.2021
A Brazilian federal court ordered the sale of a bitcoin stash worth $1.1 million. The sale was conducted by the largest regulated exchange in the country, Mercado Bitcoin. The Federal Police seized the bitcoin sold from Tradergroup, a company that allegedly was operating as a Ponzi scheme, under...
SEC Chairman Says Satoshi Nakamoto’s Innovation Is Real, Crypto Rules Are Clear
8.8.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says that Satoshi Nakamoto’s innovation is real. “It has been and could continue to be a catalyst for change in the fields of finance and money,” he said. Satoshi Nakamoto’s Innovation Is Real...
Singapore to License Digital Payment Providers, Approves Crypto Exchange
8.8.2021
The Monetary Authority of Singapore (MAS) has notified several providers of digital payment services that they will be licensed to operate in the city-state. The move, which comes after the approval of a crypto exchange for a license, secures Singapore’s status as Asia’s crypto...
Ukrainians to Trade and Spend Cryptocurrencies Legally, Digital Ministry Says
8.8.2021
Residents of Ukraine will be able to legally keep, exchange, and spend cryptocurrencies once the new virtual assets law is adopted. The legislation will comprehensively regulate the crypto space, possibly lower taxes for Ukrainians and create conditions for new services, a government official...
US SEC Shuts Down $30 Million Defi Money Market in First Decentralized Finance Bust
8.8.2021
The U.S. Securities and Exchange Commission (SEC) has taken its first enforcement action involving decentralized finance (defi). The commission has charged a defi platform and its executives for unregistered securities sales of more than $30 million and misleading investors. SEC’s...
Crypto community in shock over Brian Brooks’ resignation from Binance.US
7.8.2021
Changpeng Zhao said Brooks stepping down would not "impact Binance.US customers in any way." The cryptocurrency community has different thoughts
Binance US CEO Steps Down as the Crypto Exchange Faces Rising Regulatory Scrutiny
7.8.2021
Former acting Comptroller of the Currency Brian Brooks has resigned as the CEO of Binance U.S. after just over three months. He cited “differences over strategic direction.” Meanwhile, Binance is facing regulatory scrutiny worldwide, including in the U.K., Malaysia, Japan, Cayman...
Binance Restricts Crypto Derivatives Products in Hong Kong, Existing Positions Have 90 Days to Close
7.8.2021
Fresh off the heels of Binance’s last announcement to discontinue crypto derivatives offerings in Germany, Italy, and the Netherlands, the company revealed on Friday crypto derivatives products in Hong Kong will cease as well. Effective immediately, users won’t be able to open...
Bitfinex Introduces Margin Trading for AVAX and LUNA
6.8.2021
Bitfinex users can now use margin trading for Avalanche pairs (AVAX/USD or AVAX/USDt) and Terra pairs (LUNA/USD or LUNA/USDt). This new feature will become active from 2 pm UTC on August 5, 2021. The maximum leverage for these pairs will be 3.3 times. The initial margin will be 30%, and...
Bitcoin fractal that predicted 2020 rally flashes again as BTC price reclaims $40K
6.8.2021
The MACD indicator hints at a potential bullish crossover as Bitcoin price retests $40,000 as support
Does Delta Exchange Meet the Crypto Market’s Derivative Needs?
6.8.2021
Introduction Over the years, the crypto markets and exchanges have undergone several changes to promote the trading of cryptocurrencies. This was further enhanced with the arrival of decentralized finance (DeFi) and blockchain-based crypto trading. The crypto market is full of amazing services...