Tue, February 11

KuCoin Announces Suspension of BTC and LTC Mining Pools

KuCoin, a cryptocurrency exchange, has decided to suspend its Bitcoin and Litecoin mining pools as of August 16. The decision was reportedly made in response to recent layoffs that, according to rumors, impacted close to 30% of its personnel. The alleged layoff news was denied by the exchange, calling it

August 2, 2023 1 min read

Binance Japan Accepts New Users Amid Regulatory Shifts

Binance Japan, a subsidiary of crypto exchange Binance, will soon begin accepting new users on its recently released platform in Japan. Two years ago, authorities issued a warning to the exchange for operating illegally in the country. Introducing #Binance Japan: A Dedicated Platform for Residents in Japan 🇯🇵https://t.co/BDOFWQFOc1 — CZ

August 1, 2023 2 mins read

Cathie Wood Offloads Millions Worth Coinbase and Robinhood Shares

Cathie Wood, the CEO of Ark Invest, has reportedly sold millions of dollars’ worth of shares in Coinbase (COIN) and Robinhood (HOOD) ahead of the businesses’ projected weaker-than-expected second-quarter earnings reports. Despite Cathie Wood’s continued Bitcoin optimism, her firm, Ark Invest, has been unloading its crypto-related stock holdings. Since the

August 1, 2023 1 min read

SEC Asked Coinbase to Suspend All Crypto Trading Except Bitcoin

The US Securities and Exchange Commission’s (SEC) recent move sparked controversy, Coinbase was asked to halt trading on all cryptocurrencies except for Bitcoin (BTC). According to the Financial Times, Coinbase CEO Brian Armstrong revealed that this request came before the SEC’s legal action against the company on June 6, where

July 31, 2023 1 min read

SEC and Binance Oppose Eeon’s Intervention in Legal Proceedings

The U.S. SEC and Binance both filed replies about “Eeon,” a company that wanted to intervene in the SEC’s complaint against Binance on behalf of clients. Binance and the SEC have apparently opposed Eeon’s request to intervene in the action, arguing that it does not comply with the requisite legal

July 29, 2023 2 mins read

Lovely Exchange Gets Approval from Panama Authorities

Earlier this month, Lovely Inu Finance, a hybrid cryptocurrency platform celebrated its second anniversary, with the launch of its native exchange, Lovely Exchange.  Lovely Inu is distinguished by its comprehensive blockchain, wallet, and innovative centralized exchange. The combination of these offerings is largely responsible for its consistent expansion in the

July 29, 2023 1 min read

Crypto.com to Expand in Netherlands Post Regulatory Approval

Today, Crypto.com, a leading cryptocurrency service provider, received official registration approval from De Nederlandsche Bank (DNB) to operate in the Netherlands. This development comes after a rigorous assessment of Crypto.com’s business and compliance with the country’s Money Laundering and Terrorist Financing (Prevention) Act (Wwft). We're excited to share that https://t.co/vCNztATSCO

July 28, 2023 2 mins read

Nexo and ACSS Collaborate To Strengthen Compliance Standards

In a significant step, Nexo, the world’s leading institution for digital assets, has joined an innovative group of companies by joining the Association of Certified Sanctions Specialists (ACSS), proving a steadfast dedication to international regulatory compliance. Nexo wants to boost the team’s competencies by using ACSS’s vast databases, rigorous training

July 27, 2023 2 mins read

Crypto Exchange Binance Drops Crypto License Pursuit in Germany

Binance, the world’s largest crypto exchange, has decided not to pursue a license from BaFin, Germany’s financial watchdog. Earlier, German authorities notified it that they would not provide a cryptocurrency custody license, leading to this decision. In response to scrutiny from authorities all across the globe, Binance has likely implemented

July 26, 2023 2 mins read

Binance Launches Seed and Monitoring Tags to Educate Users on Volatility

The leading blockchain and cryptocurrency infrastructure provider in the world, Binance, today unveiled two new product updates on Binance.com that will continue to give customers the liquidity they need and support as many projects as possible while also educating them about volatility and dangers. The first product improvement adds new

July 26, 2023 2 mins read