Mon, February 3

Bitstamp Secures Preliminary Regulatory Clearance in Singapore

Bitstamp, a cryptocurrency exchange based in Europe, has received preliminary regulatory clearance from Singapore’s Monetary Authority (MAS). The exchange will soon be authorized to provide digital payment token services in the region thanks to the Major Payment Institution (MPI) license, according to an email release on Wednesday. Bitstamp boasts that

March 6, 2024 1 min read

Nexo Secures Initial Approval for Digital Asset Services Expansion in Dubai

The Virtual Assets Regulatory Authority (VARA) in Dubai has granted initial approval to Nexo, a digital asset service provider. Nexo DTC, Nexo’s regional organization, has reached a major milestone in its pursuit of complete licensure for a number of activities, including Broker-Dealer operations, Lending & Borrowing, and Management & Investment.

March 6, 2024 2 mins read

Binance to Cease Nigerian Naira (NGN) Services Amidst Increased Scrutiny

In light of the increased scrutiny that Binance in Nigeria has been receiving, the crypto exchange—recently announced its intention to end all services related to the Nigerian Naira (NGN). Binance seems to have come under further scrutiny due to its past legal troubles on an international level, in the midst

March 5, 2024 1 min read

Why The Bull Market Turned Negative For the Indian Community?

Amid a global crypto bull market, the Indian crypto community woke up to a rollercoaster ride on their local exchanges as Crypto/INR rates experienced a downward spiral. However, whilst the chaos, founders of major Indian exchanges stepped forward, shedding light on the situation from their unique perspectives. Nischal Shetty, co-founder

March 5, 2024 2 mins read

Coinbase Reassures Users After Second Glitch Amid Bitcoin Surge

As the platform takes yet another hit, crypto exchange Coinbase reassures customers that their assets are secure. Customers of Coinbase Inc. reported a problem with the platform during the recent spectacular price surge of Bitcoin (BTC). Many customers were worried when their account balances supposedly showed zero due to a

March 5, 2024 1 min read

Binance Burns 2.21B Terra Luna Classic (LUNC) in 19th Burn Batch

In the 19th batch of the LUNC burn mechanism, crypto exchange Binance, burnt 2.21 billion Terra Luna Classic (LUNC) tokens. This brings the total number of tokens burnt by the Terra Luna Classic community to over 102 billion, while the net burn by the crypto exchange reaches over 53 billion.

March 2, 2024 1 min read

Nigerian Government Slaps $10 Billion Fine on Binance

Binance, a cryptocurrency exchange, has been fined $10 billion by the Nigerian government for making money via “illegal transactions,” according to Bayo Onanuga, a special advisor to President Bola Tinubu. In a Friday interview with the BBC, Onanuga revealed the monetary fine. In recent months, the government’s position on the

March 1, 2024 1 min read

Bybit’s Monthly Fiat Cashback Splash: Rewards for Both New and Seasoned Users

One of the top three cryptocurrency exchanges in the world by volume, Bybit, has released the Fiat Cashback Splash for March for both new and seasoned customers who make fiat deposits. Every month during the first week, any of Bybit’s 20 million users that contribute fiat will get rewards. New users will

March 1, 2024 1 min read

License Application Deadline Expires for Crypto Exchanges in Hong Kong

Hong Kong will soon force all non-compliant trading platforms to shut down locally, and the region has already ceased accepting licensing applications from cryptocurrency exchanges as of February 29. All Hong Kong cryptocurrency exchanges that have not applied for a license must close their doors by May 31, 2024, according

March 1, 2024 1 min read

Binance VIP Program Opens Doors to Traditional Asset Traders

A new promotion for Binance’s VIP Invitation Program was unveiled today. By aggregating their spot or futures trading volume on cryptocurrencies and traditional assets from up to two trading venues, new users who trade cryptocurrencies and/or traditional assets on other platforms can now become Binance VIPs in an even more

February 28, 2024 2 mins read
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