Wed, July 1

Virtuzone Partners With Binance To Offer Crypto Payments in UAE

The firm’s mission includes spreading and improving crypto’s presence in the UAE. Dubai has earned a reputation as a crypto-friendly destination. Virtuzone has teamed with Binance to accept cryptocurrency for commercial transactions in the United Arab Emirates (UAE).   The company’s new goals will be made possible through the use

August 29, 2022 2 mins read

Zipmex Seeks Meeting Thailand SEC Over Recovery Plan

The claimed $40 million in fundraising will result in a $400 million value. The SEC opened a hotline for investors affected by the withdrawal bans. The Asian cryptocurrency exchange Zipmex has sought a meeting with the Securities Exchange Commission (SEC) of Thailand and other relevant authorities to examine the company’s

August 28, 2022 2 mins read

U.S Court Allows Voyager Digital to Offer Retention Incentives

In all, the KERP benefits amount to 22.5% of the salary of those who qualify for them. The request for the KERP payments was accepted by Judge Michael Wiles. The ailing cryptocurrency brokerage Voyager Digital has been allowed permission by a New York bankruptcy court to offer retention incentives to

August 26, 2022 1 min read

Binance to Halt ETH Withdrawals and Deposits During Merge

Withdrawals and deposits of ERC-20 tokens will be halted during the merge. Binance clarified it would not be impacting spot trading for ETH and ERC-20 tokens. Binance, a prominent cryptocurrency exchange, has publicly declared its support for the upcoming Ethereum Merge. Binance, in a recent highlight of events, has updated

August 26, 2022 2 mins read

Indian Enforcement Directorate (ED) Raids CoinSwitch Kuber

This is the second cryptocurrency exchange in India to be hit this month. Many suspected violations of FEMA are now under investigation. Another cryptocurrency exchange in India came under regulatory investigation as crypto firms came under increasing strain. India’s major cryptocurrency exchange, CoinSwitch Kuber, was raided by the country’s Enforcement

August 26, 2022 2 mins read

Binance Signs MoU With City of Busan To Promote Blockchain

The trading platform will help promote the Busan Digital Asset Exchange. Binance and Busan will also share their respective order books. The arrival of Binance, the biggest cryptocurrency exchange in the world, in South Korea is eagerly anticipated. Binance has inked a memorandum of understanding with the city of Busan

August 26, 2022 2 mins read

SEC Making Every Attempt to Limit Ripple’s Testimonies

SEC requests court approval to disclose Ripple expert testimony. The court had permitted the commission to make a move excluding the testimony. According to a recent report provided by James K. Filan in the ongoing Ripple vs SEC battle, the U.S. Securities and Exchange Commission (SEC) has issued a request

August 26, 2022 2 mins read

Coinbase to Launch Crypto Policy Education for Upcoming Elections

The goal is to help users make judgments and select the individual who best suits their needs. Attendees will have the chance to interview candidates about coding-related issues. A voter registration portal based on politicians opinions on cryptocurrencies will be part of a crypto policy education campaign that was unveiled

August 26, 2022 2 mins read

Philippines Authorities Involve Binance To Discuss Crypto Regulation

Many different agencies were involved which Senator Mark Villar presided over. As an added bonus, the parties spoke about real solutions for safeguarding customers. Financial authorities in the Philippines are making concerted attempts to effectively regulate the local cryptocurrency business. The authorities are taking a close look at the crypto

August 24, 2022 2 mins read

Ontario Securities Commission Warns Unregistered Exchanges

The OSC imposed trading restrictions in 2021 on centralized crypto exchanges. Binance declared in March of this year that it will no longer accept Ontarian residents. A total of 13 firms, including KuCoin producers MEK Global Limited (Seychelles) and PhoenixFin Pte. Ltd. (Singapore), were recently called out by the Ontario

August 24, 2022 1 min read