Mon, February 3

Coinbase Derivatives Announces Launch of Oil and Gold Futures Trading

Futures contracts for oil and gold on a retail scale will soon be available on Coinbase Derivatives. Moreover, the exchange said on Tuesday that the new product would be available beginning June 3rd. The firm stated: “While crypto derivatives remain at the core of our business, we’re excited to announce

May 22, 2024 2 mins read

Kraken Denies Plans to Delist Tether in Europe Amid Rising Regulatory Scrutiny

Crypto exchange Kraken, has officially denied plans to delist Tether (USDT) in Europe. The news comes as concerns about the reliability and compliance with regulations of popular stablecoins like Tether (USDT) are growing in the cryptocurrency world. Investor mood and market dynamics are affected by Kraken’s position on the topic,

May 18, 2024 2 mins read

Kraken Reviews Dropping USDT in Europe as MiCA Regulations Loom

In light of the impending implementation of the Markets in Crypto-Assets Regulation (MiCA) in the European Union, cryptocurrency exchange Kraken is contemplating the removal of support for the stablecoin Tether (USDT). Kraken is reportedly “actively reviewing” strategies to meet the requirements of the forthcoming MiCA framework, as reported by Bloomberg

May 18, 2024 1 min read

French Government Investigates Bybit for Regulatory Violations

The French government has now begun to investigate the cryptocurrency exchange Bybit for possible regulatory violations. This comes regardless of reaching a worldwide user milestone of 20 million after five years of operation. Regarding Bybit’s unlawful status in the region, the French financial regulatory authority, the Autorité des Marchés Financiers

May 16, 2024 2 mins read

Binance Unveils Funding Rate Arbitrage Bot and Expands Spot Copy Trading to All Eligible Users

Binance, the leading blockchain ecosystem behind the world’s biggest cryptocurrency exchange based on trading volume, today announced the debut of Funding Rate Arbitrage Bot and the complete rollout of Spot Copy Trading to all qualified customers. About 120,000 active trading strategies are presently available on Binance’s Trading Bots Marketplace, and the exchange is constantly improving

May 15, 2024 3 mins read

OKX Officially Forays Into Australia Via Local Regulated Entity

In its ongoing drive to expand throughout the Asia-Pacific region, cryptocurrency exchange OKX has decided to transfer its Australian-focused services to a locally licensed firm. According to OKX president Hong Fang, who spoke at a press conference in Sydney on May 14, the Australian market is significantly underrated. Fang added:

May 14, 2024 1 min read

Crypto Exchange Coinbase Restores Service Following Three-Hour Outage

Following a three-hour outage that started at 4:15 AM UTC, the cryptocurrency exchange Coinbase is back up. The status page for the exchange’s website indicates that it was back up and running at 07:42 UTC. Before, a “503 Service Temporarily Unavailable” notification had been viewed by website visitors. Users’ absolute

May 14, 2024 1 min read

US DOJ Taps Forensic Risk Alliance to Oversee Binance Compliance

Reports indicate that the US Department of Justice (DOJ) has entrusted the international consultant company Forensic Risk Alliance (FRA) to oversee Binance’s compliance with regulatory mandates for the next three years. As part of its November 2023 plea bargain, Binance admitted to federal accusations of money laundering and paid a

May 11, 2024 2 mins read

IMF Pushes for Licensing Crypto Exchanges for Economic Overhaul in Nigeria

One component of Nigeria’s economic reform package is a recommendation from the International Monetary Fund (IMF) to license international crypto exchanges. A recent report by the International Monetary Fund states that the goal of Nigeria’s effort to include crypto into its financial system is to solidify the country’s position in

May 10, 2024 1 min read
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