This TheNewsCrypto category provides all exchange-related latest news and topics. Stay updated on exchange-related news covering different topics, exchange categories, and price changes. A cryptocurrency exchange matches buyers to sellers enabling users to sell, purchase, trade, and often store their coins and tokens. Each crypto exchange is unique and differs based on the number of listed entries and trading volume. Thus, the section covers both individual crypto exchange updates and aggregated exchanges news.
In addition, cryptocurrency exchanges covered include Decentralized Exchanges (DEX), Centralized Exchanges (CEX), and Hybrid Exchanges. Asset entries listed include tokens, coins, trading pairs, DeFi, and derivatives.
The cryptocurrency industry faces another major setback as Changpeng Zhao (CZ), the founder and CEO of Binance, has stepped down and pleaded guilty to breaking US anti-money laundering laws. Further, CZ agreed to the $4.3 billion settlement, which is one of the largest corporate penalties in US history, including a
According to a WSJ article, Binance CEO Changpeng Zhao (CZ) has decided to resign ahead of the DOJ’s announcement that it had settled with the cryptocurrency exchange for $4.3 billion. The WSJ reports that CZ plans to enter guilty pleas on many offenses brought by the Department of Justice. The
Just months after its U.S subsidiary was shuttered, crypto exchange Bittrex Global is reportedly closing down operations. Following Bittrex US’s bankruptcy filing in Delaware in May, the duo were sued by the U.S SEC for running a securities exchange without proper authorizations. This ultimately led to the closure. After “all
The U.S SEC has accused Kraken, Coinbase, and Binance of illegally doing business in the United States without registering as securities firms. Kraken traded a lengthy list of tokens that the SEC deems securities; each of these tokens has been the subject of many SEC enforcement cases. Kraken rejects the
According to a report from Bloomberg citing persons involved with the talks on November 20th, the US Department of Justice (DOJ) seeks payment for more than $4 billion from Binance Holdings as part of a possible settlement of a years-long probe. Any decision to the inquiry into the corporation, and
Tether, the company behind the popular stablecoin USDT, announced it will launch a euro-pegged cryptocurrency on Bitunix, a new Europe-focused digital asset exchange. In a recent tweet, Tether stated it would soon release Euro Tether (EUR₮) on Bitunix. This represents Tether’s latest expansion into fiat-pegged stablecoins beyond its flagship USDT
dYdX, a decentralized cryptocurrency exchange, burned up $9 million of its insurance fund on November 17 to cover customer losses, prompting the exchange to announce additional procedures to reduce trading-related risks. The exchange has raised margin requirements for several tokens trading in “less liquid markets,” according to a post on
XREX, a cryptocurrency exchange located in Asia that focuses on global transactions, was granted in-principle approval for a Major Payment Institution (MPI) license in Singapore. The Monetary Authority of Singapore (MAS) has awarded preliminary permission to XREX Singapore for a license that would enable the firm to provide digital payment
The National Pension Service (NPS) of South Korea, the third biggest pension fund in the world, has put $19.9 million into Coinbase. For a pension fund that oversees over $755 billion, this transaction represents a substantial venture into the crypto sector. With this purchase, NPS takes its first tentative steps
Bitget has raised the bar yet again in the crypto trading realm with the unveiling of its Elite Trader Private Mode, a specialized offering tailored for professional traders. This new feature enhances trading functionality with social networking capabilities, empowering elite traders to extend their influence within a select community. Elite
