Search
Financial Regulator: South African Crypto Exchanges Must Be Licensed by Year-End
6.7.2023
South Africa’s Financial Sector Conduct Authority (FSCA) has mandated that all crypto exchanges register and obtain operational licenses by the end of 2023.
According to the regulator, firms that fail to comply with this guideline and continue operating without a license will face the possibility...
Report: South Africa Regulator Says Unlicensed Crypto Exchanges in 2024 May Be Closed Down
6.7.2023
According to the regulator of the South African financial services industry, cryptocurrency exchanges based in the country must secure operating licenses before the year ends. Crypto exchanges that fail to abide by the requirement will either be fined or closed down, Unathi Kamlana, the Financial...
Crypto Whales Are Accumulating Green Crypto Ecoterra Before It Lists on Exchanges – $5.8 Million Raised Already
5.7.2023
Green blockchain initiative ecoterra is seeing massive adoption amongst sustainability-centric crypto investors.
At press time, the recycle-to-earn (R2E) initiative has raised over $5.85 million as it prepares for an exchange listing in the coming weeks.
$ECOTERRA has gained considerable...
Goldman Sachs: Bitcoin, Ether Supply on Exchanges Fell in June – Bull Market Back?
5.7.2023
Exchange balances of Bitcoin (BTC) and Ether (ETH) fell significantly in June as more crypto holders chose to take self-custody, a report by investment bank Goldman Sachs has said.
Analyzing on-chain data, the Goldman Sachs report said it is likely that many crypto investors have moved their...
Bitcoin ETFs: Even worse for crypto than central exchanges
4.7.2023
Want some worthless "paper" Bitcoin? With the rise of Bitcoin ETFs, you might soon have the chance to invest in something as worthless as the U.S. dollar
Bitcoin, Ether Supply on Exchanges Fell in June: Goldman Sachs
4.7.2023
Still, bitcoin miners’ inventory sales climbed to a record as they took advantage of the cryptocurrency’s strong performance, the report said
Bitcoin ETF race begins: Has institutional trust returned to crypto?
4.7.2023
Seven institutional firms have filed for a spot Bitcoin ETF in the U.S., including the world’s largest asset manager BlackRock, driving optimism and higher Bitcoin prices
Miners send millions to exchanges — 5 things to know in Bitcoin this week
3.7.2023
Bitcoin miners appear to be reducing risk as the significance of BTC price above $30,000 remains firmly in evidence
Binance Reportedly Denied Crypto License in Germany
1.7.2023
Germany’s financial regulator has refused to grant Binance a crypto custody license, according to a media report. A rejection would prevent the exchange from advertising and growing in the major European market and deal another blow to its efforts to do regulated business on the Old Continent....
Will BlackRock’s ETF slingshot Bitcoin’s price skyward?
30.6.2023
Have the world’s largest financial firms finally “seen the light” with Bitcoin? Will demand outstrip supply, making a BTC price rise inevitable?
Web3 mass adoption: How Web3 can onboard the next billion users
30.6.2023
By conquering these hurdles, we can help kickstart mass adoption while still maintaining the original decentralized spirit of Web3
Coinbase Alleges SEC Lacks ‘Any Powers to Regulate Digital Asset Exchanges’ in Recent Filing
30.6.2023
Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has filed a 177-page answer to the complaint introduced by the U.S. Securities and Exchange Commission (SEC), where the agency states the company was involved in the illegal brokerage of securities. Coinbase alleges that...
Investor Enthusiasm for Coinbase Shares May Prove Short-Lived: Berenberg
30.6.2023
The crypto exchange is faced with several risks that could trigger a reversal of the stock’s recent gains, the report said
Haru Invest Fallout: South African Crypto Platform Says Customers Can Only Access 76% of Crypto Holdings
30.6.2023
The South African crypto platform, Revix, said on June 28 that customers can now only access just over three-quarters (76%) of their crypto assets. Revix said the move to block customers’ access to 24% of their crypto assets was made after one of its primary service providers Haru Invest...
SEC vs Coinbase Case Set for July 13 After Exchange’s ‘Creative' Opening Response
30.6.2023
The Securities and Exchange Commission (SEC) will present its response to Coinbase's first legal defense, filed Thursday, on July 13, the court has ordered
Binance to Lose Euro Transfers as Paysafe Drops Support
30.6.2023
Paysafe will discontinue support for bank transfers of euros to and from Binance, the payments provider announced. The news comes when the world’s largest cryptocurrency exchange finds itself under pressure from regulators and banking partners in Europe and elsewhere. Paysafe to Stop Euro Deposits...
Ex-Genesis CEO Michael Moro to Head Crypto Derivatives Exchange Startup
29.6.2023
Ankex, a non-custodial exchange with a centralized order book, is being spun out of crypto custody firm Qredo, which Moro joined in January
Bitcoin speculators send 35K BTC to exchanges in new 'elation inflow'
29.6.2023
Bitcoin short-term holders are keenly eyeing potential BTC selling opportunities, even as their average profits total a modest 10%
Binance Abandons Planned Delisting of Some Privacy Coins in EU Markets
29.6.2023
Cryptocurrency exchange Binance has reconsidered a decision to delist some privacy tokens in several European markets. The leading coin trading platform will continue to offer trading in these digital assets after revising their classification to comply with EU regulations. Binance to Continue...
Crypto Exchange Binance’s Motion to Restrain SEC’s Public Statements Denied
29.6.2023
Binance’s attempt to prevent the U.S. Securities and Exchange Commission (SEC) from making public statements alleging that the crypto exchange mishandled U.S. customers’ assets has been denied by the judge overseeing its enforcement case. A former SEC head of internet enforcement warned...