Mon, January 20

The Cyprus SEC Granted Regulatory Permission to Crypto.com

Crypto.com, the world’s fastest-growing worldwide cryptocurrency platform, was founded in 2016 and already serves more than 50 million clients.   Because it is built on a foundation of security, privacy, and compliance, Crypto.com is dedicated to helping the next generation of inventors, creators, and entrepreneurs construct a more equitable digital

July 23, 2022 1 min read

Mercado Brazil Eyes Regulatory Approval To Start Operations in Mexico

Mercado Bitcoin is going to obtain a licence in Mexico and operate very soon. This may be the biggest competition for the crypto exchange Bitso. Mercado Bitcoin, a Brazilian crypto exchange, might start operating in Mexico as early as 2022 if the regulatory license is granted. Mexican regulators have yet

July 22, 2022 2 mins read

Gemini Receives Virtual Asset Service Provider License in Ireland

Gemini claims to be the first company to operate as a VASP. The company received EMI licence from CBI in February 2022. Gemini, a crypto trading platform located in New York, claims to be the first to be recognized by the Central Bank of Ireland as a virtual asset service

July 22, 2022 1 min read

Crypto Exchanges Raided in Connection With Terra Investigation

Exchanges, including Upbit, Bithumb, and Coinone, were the targets of raids. Around 200,000 South Korean investors are thought to have invested in TerraUSD and Luna. Shocking revelations from South Korea have been pouring in after the fall of Terra-Luna. On Wednesday, Korean prosecutors raided seven cryptocurrency exchanges to see whether

July 22, 2022 2 mins read

Major Exchanges Opt ‘Lay-Offs’ To Defend Market Meltdown

Blockchain.com is reducing about 150 employees, due to financial losses. The exchange recently lost $270 million from Three Arrows Capital. As per reports, Luxembourg-based cryptocurrency exchange Blockchain.com is disbanding 25% of its employees, amid financial losses and the collapse of the global crypto market. The latest workforce reduction will affect

July 22, 2022 1 min read

Former Coinbase Staff Arrested by U.S Officials Over Insider Trading

Last week, the SEC and prosecutors in the Southern District of New York arrested an ex-product manager for a major crypto exchange. According to Bloomberg, Ishan Wahi, a former product manager at Coinbase, reportedly revealed private information about the company’s token listings to his brother Nikhil Wahi and a friend,

July 22, 2022 1 min read

Crypto.com Integrates Google Pay – Will Bring in an Economic Crisis?

Crypto.com is a global crypto exchange that has been in the headlines following its recent acquisition of licenses in Italy. The exchange has integrated Google Pay as the payment gateway providing easy access to android users. According to analysis, Google Pay is expected to reach 100 million users who would

July 22, 2022 2 mins read

Asian Crypto Exchange Zipmex Re-enables Client Withdrawals

The exchange said on Wednesday that it had halted all withdrawals. Trade wallet deposits and withdrawals will begin at 17:00 UTC today. Zipmex is preparing to reopen withdrawals and deposits using its Trade Wallet function the day after it had frozen user withdrawals owing to the market’s volatility. They said

July 22, 2022 2 mins read

Major Crypto Exchange Attained Peruvian Trading Platform, Fluyez

Bit2Me acquired a majority of stake from Fluyez for more than $1.022 million. Apart from Fluyez, the platform is also eyeing other crypto exchanges. According to the latest announcement from the Spanish crypto exchange Bit2Me, the firm has obtained an 85% stake from the Peruvian crypto trading platform, Fluyez. Andrei

July 21, 2022 2 mins read

Prominent Exchange Gemini Reportedly Laid Off 7% of its Workforce

The corporation is taking these steps due to “extreme cost-cutting” initiatives. The firm announced its first round of layoffs less than two months ago. Gemini, the Winklevoss twins’ regulated cryptocurrency exchange in the United States, is reportedly downsizing its employees. This wave of layoffs was not announced internally by the

July 20, 2022 1 min read
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