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Google Removes Apps of Binance and Other Global Crypto Exchanges in India
15.1.2024
Google has removed several prominent global crypto exchanges, including Binance and Kraken, from its Play Store in India. This move comes as a response to allegations of these exchanges operating “illegally”, with the Financial Intelligence Unit (FIU) issuing show cause notices to nine...
What To Expect From Starfield's First Beta Update Of 2024
12.1.2024
Starfield, Bethesda’s enormous, 1,000-planet wide space RPG, arrived on September 6, 2023. After years of considerable hype, the game has had somewhat of a rocky first year. That said, Bethesda has promised new features, critical bug fixes, and more in 2024 and it’s opening the door for Steam users...
Cryptocurrency Regulations Set to Help Minimize Risks Associated With Crypto Trading — Turkey Finance Minister
12.1.2024
Mehmet Simsek, the Turkish Finance Minister, recently revealed that a draft of his country’s crypto regulations is now in the final stage. Simsek said that once they come into force, the new regulations will help minimize the risks that are associated with trading crypto assets. Minimum...
About 10 Fund Companies Preparing to Launch Spot Crypto ETFs in Hong Kong: HashKey Group
10.1.2024
Source: iStock/Onfokus While 13 Bitcoin spot ETFs await approval from the US SEC, the Chief Operating Officer of HashKey Group, Livio Weng, has revealed that about ten fund companies are currently preparing to launch Virtual Asset Spot Exchange-Traded Funds in Hong Kong. Weng said that seven...
Apple Store Removes Binance and Other Global Exchanges’ Apps in India Amid Wider Crackdown
10.1.2024
Source: Pexels The mobile applications of several global cryptocurrency exchanges, including Binance, Kraken, Mexc, and Kucoin, have disappeared from Apple’s App Store in India. This move comes within two weeks of these exchanges being flagged for operating “illegally” in...
HyperVerse Promoter “Bitcoin Rodney” Arrested in US: Report
8.1.2024
HyperVerse crypto promoter Rodney Burton, better known as “Rodney Bitcoin,” has been arrested for his role in an elaborate crypt investing scheme, court documents reveal. A $58 million debt Court documents filed on January 4th show Burton has been charged with operating and conspiring to operate...
Crypto Firms Across the UK Begin to Roll Out Risk Assesments Ahead of Monday Deadline
5.1.2024
A number of cryptocurrency firms operating in the U.K. are rolling risk assessments ahead of new rules set out by the Financial Conduct Authority (FCA) expected to begin on Monday, January 8th. Key players take action So far, key crypto players such as Coinbase, Gemini, and OKX have all implemented...
Mint and Trade Real-World Addresses Onchain With PropyKeys dApp, Part of Propy Ecosystem
5.1.2024
PRESS RELEASE. January 5, 2024, Miami, Florida – Today, PropyKeys, a new gamified application, part of Propy ecosystem, introduces a home addresses market onchain. It is a decentralized application (dApp) game, powered by the PRO token and launched on Base, a layer-2 network operating on...
Etherscan Acquires Solscan to Enhance Solana Ecosystem Analysis and User Experience
3.1.2024
Source: Pixabay Etherscan has successfully completed the acquisition of Solscan, a leading block explorer operating within the Solana ecosystem. The move is geared towards advancing the accessibility of blockchain data across various networks. The acquisition plan includes the integration...
Veteran Trader Peter Brandt Issues Scam Proprietary Trading Platform Warning
31.12.2023
According to Peter Brandt, legitimate proprietary trading firms neither charge fees on traders nor impose “restrictions on trading style or markets.” The veteran trader branded as scams any prop firm that fails to adhere to the operating conditions that he outlined. Legitimate Prop...
India’s Finance Ministry Seeks to Block Binance and Other Major Offshore Exchanges
28.12.2023
Source: Pexels The Indian finance ministry has issued compliance show-cause notices to nine offshore cryptocurrency exchanges, including major players like Binance, Kucoin, Huobi, and others, accusing them of operating illegally in India without adhering to local money laundering laws. The affected...
Indonesia to Require Cryptocurrency Exchanges to Register with Country’s National Digital Asset Bourse
28.12.2023
Image Source: Pixabay The Indonesian government has announced that all cryptocurrency exchanges operating within the country will be required to register with the newly established Commodity Future Exchange (CFX). Launched earlier this year, the CFX is the world’s first national bourse...
Crypto Exchange Yellow Card Financial Set to Apply for Nigerian License Following Cryptocurrency Ban Lift
25.12.2023
Image Source: Pexels Pan-African cryptocurrency exchange Yellow Card Financial has announced plans to apply for a license in Nigeria following the recent lifting of the country’s cryptocurrency ban. The ban, which was imposed in 2021, prohibited financial institutions from transacting...
Big Rise in New Spanish Crypto Firms Recorded in 2023, Says Central Bank
22.12.2023
Source: bin/Adobe Spain’s Central Bank says the number of licensed crypto-related firms in the country grew by 50% in 2023. Per data released by the bank, as well as a report from Criptonoticias, the bank has recently given some 30 firms operating permits. The list of Bank of Spain-approved crypto...
Philippine SEC Gives Binance and Other Platforms Operating Without License 3 Months Before Ban
14.12.2023
Source: Adobe Stock The Philippine Securities and Exchange Commission (SEC) has clarified the issues raised over the former advisory to the effect that any unregistered platform will be banned after three months. Speaking at a Dec 13 panel on educating consumers on unregistered exchanges, the head...
Bitcoin Exchange CoinMENA Receives Operating License From Dubai’s VARA
13.12.2023
Source: Pexels A subsidiary of the Bahrain-based Bitcoin exchange, CoinMENA FZE, has been granted a Virtual Asset Service Provider (VASP) license by Dubai’s Virtual Asset Regulatory Authority (VARA). This marks the seventh VASP license issued by the Dubai regulator. In a press release,...
Dubai Grants Climate-based AYA Platform Conditional VARA License
12.12.2023
Image Source: Pixabay Dubai’s financial regulator, the Virtual Asset Regulatory Authority (VARA) has issued a conditional operating license to AYA Platform, a web3 launchpad subsidiary of Enjinstarter. In a recent press release, the company disclosed the regulatory nod obtained by VARA to operate...
Nil Foundation Launches Type-1 zkEVM for Enhanced Ethereum Scaling Security
12.12.2023
Source: Pixabay Ethereum research and development firm =nil; Foundation today announced the launch of Type-1 zkEVM, designed to enhance security and scalability for Ethereum. Operating on the zkRollup framework, the zkEVM incorporates zkSharding technology, promising advanced security while...
Crypto Exchange Bitzlato in Hot Water as Co-founder Pleads Guilty
7.12.2023
Source: Adobe / deagreez Anatoly Legkodymov, also known as “Gandalf” and “Tolik,” a Russian national and co-founder of the Hong Kong-based crypto exchange Bitzlato, has pleaded guilty in a US federal court in New York to charges related to operating an unlicensed money transmitting business....
21Shares COO Departs, CEO Hany Rashwan Reassures Firm Has Transition Plan
7.12.2023
Source: Nasdaq / Instagram Switzerland-based exchange traded product (ETP) firm 21Shares has confirmed its chief operating officer Lucy Reynolds, has left the firm. Before joining 21Shares Reynolds was head of product management at WisdomTree and joined 21Shares in 2020 – Reynolds was unavailable...