Mon, December 22

Nomura’s Crypto Joint Venture Receives Full Operating License in Dubai

The Virtual Asset Regulatory Authority (VARA) in Dubai has issued a full operating license to Nomura’s cryptocurrency joint venture Komainu, which also includes crypto businesses CoinShares and Ledger. The government of the UAE is encouraging crypto startups by providing funding and enacting laws that are friendly to the industry. Provisional

August 22, 2023 1 min read

Bitget Revises KYC Procedures To Meet Global Regulatory Standards

Bitget is revising its KYC procedures for customers to conform to international regulatory standards. The exchange claims that additional KYC procedures are being implemented to safeguard customers’ interests. Also, foster a safe ecosystem for the trading of cryptocurrencies, and meet the criteria of regulatory bodies throughout the world. Beginning in

August 21, 2023 1 min read

Bybit Empowers Fintech Education With 1M AED AUS Scholarship

As part of its ongoing commitment to promoting education and the adoption of cryptocurrencies in the United Arab Emirates, Bybit, the third most visited cryptocurrency exchange in the world, is delighted to announce that it has given scholarships to 38 deserving students at the American University of Sharjah (AUS). Following

August 21, 2023 2 mins read

FTX Founder SBF Seeks Partial Jail Release for Defense Preparation

FTX founder Sam Bankman-Fried (SBF) has asked to be released from jail for five days every week so that he and his attorneys may prepare their defense after the DOJ revoked his bail a week ago. Lawyers for SBF wrote to US District Judge Lewis Kaplan on Friday to complain

August 19, 2023 1 min read

Binance Collaborates With Hungarian Football Club to Boost Engagement via NFTs

Binance, a leading cryptocurrency exchange, has announced a partnership with Hungary’s premier football club, Ferencváros, a club with an illustrious history in Hungarian football. This collaboration is aimed at enhancing fan engagement through the utilization of non-fungible tokens (NFTs) and blockchain technology. And seeks to educate sports enthusiasts about the

August 17, 2023 1 min read

Remote Workforce Model Behind Binance’s Unconventional Leap?

Despite its fast expansion and widely dispersed remote workforce, little is known about Binance, the biggest cryptocurrency exchange in the world. Binance continued to be a key participant in the cryptocurrency industry in 2022, despite the bear market, with an average daily trading volume of $65 billion. A lot of

August 17, 2023 2 mins read

Coinbase Secures Approval To Offer Crypto Futures Trading in U.S

The National Futures Association of the US CFTC has granted Coinbase Financial Markets, a futures commission merchant registered with the CFTC, approval to provide crypto futures trading to qualified consumers in the US. Despite a lawsuit by the US SEC, this is a huge win for Coinbase and the cryptocurrency

August 16, 2023 1 min read

Binance Shuts Crypto Payments Within One Year of Launch

Binance, a major player in the cryptocurrency exchange arena, has declared the upcoming closure of its crypto payments platform, Binance Connect. The platform, previously named Bifinity, is set to be deactivated on August 16th. This action follows merely one year after its initiation in March 2022. The reason behind this

August 16, 2023 1 min read

Crypto Exchange Dasset Announces Liquidation; Locks Customer Funds

Customers of the cryptocurrency exchange Dasset in Auckland are locked out of their funds since the company has apparently disclosed liquidation plans. The Dasset exchange, headquartered in Auckland, was founded in the midst of 2017’s ICO frenzy. Local media The Herald reported on Monday that hundreds of consumers had been

August 15, 2023 1 min read

Breaking: Binance Files Protective Order Against SEC

Cryptocurrency giant Binance has taken legal action against the US Securities and Exchange Commission (SEC), filing for a protective court order due to concerns over the agency’s extensive and burdensome requests for the company’s communications. The move comes after Binance and the SEC had previously reached an agreement in court

August 15, 2023 1 min read
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