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Crypto Exchange Bybit Granted In-principle Approval to Operate in Kazakhstan
31.5.2023
Cryptocurrency exchange Bybit has received an in-principle approval to work in Kazakhstan, a jurisdiction increasingly seen by crypto companies as a gateway to the former-Soviet space. The trading platform wants to expand its presence in the region and other emerging markets. Bybit on Route...
Binance Australia Users Selling Bitcoin at Discount Ahead of AUD Withdrawals Halt
30.5.2023
Customers of Binance Australia were trading bitcoin and other cryptocurrencies at lower prices than those on other platforms on Tuesday. The discount is apparently due to a popular Australian payment service preparing to cut off the crypto exchange from withdrawals in local currency. Bitcoin...
Binance in Talks To Let Traders Keep Collateral at a Bank: Bloomberg
30.5.2023
Binance, the world’s largest crypto exchange, is in the midst of discussing a proposal to let some of its institutional clients keep their trading collateral at a bank, instead of with the crypto platform, according to Bloomberg News. ...
Read More: Binance in Talks To Let Traders Keep Collateral...
Russia to Enact Laws to Regulate Crypto Exchange Action; Profiles Use of Cryptocurrency to Bypass Sanctions
30.5.2023
The government of Russia is preparing to regulate the establishment and action of crypto exchanges, abandoning its earlier proposal of the creation of a unique national platform. Anatoly Aksakov, head of the Russian State Duma Financial Markets Committee, stated that crypto exchanges could help...
Crypto firms jockey for Hong Kong licenses ahead of June 1 retail opening
30.5.2023
Hong Kong’s retail trading regime is days away from going live and crypto exchanges are keen to make entry into the region
Russian Government Switching Gears — No Longer Plans To Create a National Crypto Exchange
30.5.2023
The Russian government is switching gears as it no longer plans to create a national cryptocurrency exchange, and instead will write rules for multiple crypto exchanges, according to a local news site.
Anatoly Aksakov, member of one of the chambers of the Russian parliament, spoke to news outlet...
Binance Launching New Crypto Trading Platform in Japan This Summer to Comply With Regulations
29.5.2023
Global cryptocurrency exchange Binance says it has created a new crypto trading platform for Japan residents that will be available this summer. The new exchange will fully comply with Japanese crypto regulations and will offer trading of a limited number of tokens initially, according to...
Indian Crypto Exchanges Are in Survival Mode, Trying to Extend Their Runways
29.5.2023
India’s CoinDCX, CoinSwitch, WazirX, BuyUCoin, ZebPay and Giottus all think they'll survive the current bear market – here’s how
Crypto Exchange Gemini Selects Ireland for Its European Headquarters
26.5.2023
Crypto exchange Gemini will have a second home in Ireland after co-founder Cameron Winklevoss announced it would make Ireland its European headquarters.
Gemini, which is run by both Cameron Winklevoss and his twin Tyler, is based in New York. ...
Read More: Crypto Exchange Gemini Selects Ireland...
Zondacrypto CEO: MiCA Regulations Will Stop ‘Rogue Exchanges’ From Profiting From Criminal Activity
26.5.2023
Although the implementation of the recently approved Markets in Crypto Assets (MiCA) regulations is likely to be difficult, their coming into force is going to have a positive outcome for everyone in the industry, Przemyslaw Kral, the CEO of the crypto exchange Zondacrypto, has said. Kral also...
Ether Balance on Exchanges Nears All-Time Low
26.5.2023
Drop comes as the number of staked ether has surged
Centralized Exchanges Are Here to Stay
25.5.2023
Crypto Exchange Hotbit Says ‘Deteriorating Conditions’ Forced It to Stop Operations
25.5.2023
China-headquartered cryptocurrency exchange, Hotbit, said on May 22 it had made the decision to halt “all cex operations.” The crypto exchange pointed to the “continuous outflows of funds from cex [centralized exchange] users” as one of the many factors that forced Hotbit...
Crypto’s Quirky Automated Market Makers and How They Differ From TradFi Exchanges
24.5.2023
Crypto exchanges have order books just like the NYSE, but the digital asset realm also offers something very different known as automated market makers (AMMs)
Japanese Gov’t Green-lights Travel Rule Adoption – Are Crypto Exchanges Struggling to Comply?
24.5.2023
The Japanese government has approved the adoption of the Travel Rule, with a new law set to come into force next month.
But domestic exchanges are experiencing difficulty with adoption, leading to crypto withdrawal difficulties.
Per Sankei News, the cabinet of ministers has signed off on...
8 ways crypto exchanges can help address liquidity concerns
23.5.2023
Crypto exchanges must take the initiative in addressing regulators’ and investors’ concerns about liquidity
Hong Kong Securities Regulator to Accept License Applications for Crypto Exchanges Starting June 1
23.5.2023
The Securities and Futures Commission's guidelines explicitly ban crypto gifts to incentivize retail investments, which likely includes airdrops
Hong Kong to open crypto exchange access for retail users, but there's a catch
23.5.2023
Hong Kong's securities watchdog announced new plans to allow retail investor access to virtual assets platform
Malaysia Regulator Orders Crypto Exchange Huobi Global Limited To Stop Operations
22.5.2023
Cryptocurrency exchange Huobi Global Limited has to stop operations in Malaysia after its regulator found it was operating without being registered.
The Securities Commission Malaysia on Monday said the exchange has to disable its website and mobile apps on platforms including the Apple Store...
Crypto Exchanges Experience $1.77B Bitcoin and Ethereum Outflow in 30 Days
22.5.2023
Throughout May, the crypto market has remained steady, with a valuation just above the $1 trillion mark. Over the past 30 days, both bitcoin and ethereum prices have remained relatively stable. However, recent data reveals a significant amount of bitcoin has been withdrawn from exchanges, with...