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South Korean Crypto Exchanges Plead for 6 Months of Regulatory Mercy


Source: AdobeStock / Chee-Onn Leong South Korean blockchain organizations have told regulators that it will be impossible for the nation’s crypto exchanges to meet a September 24 registration deadline and want six more months to prepare – although it looks like their pleas may have fallen on deaf...

Binance Tightening KYC Procedure, The Screaming Sheep NFT + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Crypto exchange Binance has announced they have tightened the customer verification requirements on their platforms, as they extend...

Insurance on Crypto Exchanges Inches Up, KYC Still Weak - Report


Cryptocurrency exchanges are showing an increase in their tendency to insure clients’ assets, both formally and in informal ways through insurance funds, a new report finds. On the other hand, know-your-customer (KYC) stringency is still weak on many exchanges, with around a third having poor...

Australian Police Makes Record Crypto Seizure With Dark Web Drug Bust


Australia’s Victoria Police have collected close to AUD 8.5m (USD 6m) worth of cryptocurrency in its recent clampdown on dark web drug trafficking. The bust, which targeted a number of properties in the country’s south-eastern state of Victoria, is said to be Australia’s biggest crypto seizure...

Coinbase Plans to Spend More of its Cash on Crypto After USD 500M Buy


Source: AdobeStock / photo_gonzo The crypto exchange giant Coinbase has stated that it wants to spend even more of its profits on buying cryptoassets – but has admitted that its plans will hinge on the sector’s growth prospects. The company and its CEO Brian Armstrong were speaking after Coinbase...

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