The CEO of Binance, Changpeng Zhao, called a Bloomberg report that the cryptocurrency exchange was contemplating delisting all U.S.-based cryptocurrencies “false” on Friday. Citing a source with knowledge of the situation, the report claims that Binance is contemplating severing connections with its U.S. business partners after experiencing difficulties in its
Regulation authorities in Canada are preparing to impose tighter laws for exchanges in the nation, only days after the U.S. Securities and Exchange Commission (SEC) imposed limitations on crypto-related activity. The Canadian Securities Administrators (CSA) are said to be drafting new regulations. That cryptocurrency exchanges operating in Canada will have
Some of the top traders in the world received more than $1 million worth of BLUR tokens during today’s anticipated airdrop for the rising NFT marketplace Blur. More than $1.9 million worth of Ethereum-based governance tokens were acquired by the top traders. Dune’s curation of public blockchain data shows that
The largest cryptocurrency exchange Binance onboarded Noah Perlman, crypto exchange Gemini’s former C-suite executive, as its new Chief Compliance Officer. Evidently, Binance is reinforcing its compliance team through significant hiring to insulate itself from growing regulatory scrutiny. The news about this prominent hiring was first reported by Bloomberg on Monday,
DBS Group Holdings Ltd. plans to apply for a license that would allow it to offer cryptocurrencies to customers in Hong Kong as the region works towards becoming a hub for digital assets. The DBS Bank in Singapore runs a digital currency exchange, which it made available for cryptocurrency trading
If you are a pro-trader, you’ve already tried different exchanges and picked the most suitable platforms. They can have a vast range of advantages like high rates, a wide range of markets, customizable bots, and even rock-bottom commissions. At the same time, when you use different exchanges, you can face
The 2009 Bitcoin prediction of Hal Finney, popularly Bitcoin’s first recipient, is now re-asserted by Adam Back, Founder and CEO of Blockstream, on Twitter. As per his prediction in the tweet thread, in the next 9 years, the price of one Bitcoin (BTC) might ramp up to $10 million. early
The U.S. Securities and Exchange Commission (SEC) intends to file a suit against Paxos, the firm that developed the Binance USD (BUSD) and Pax Dollar (USDP) tokens, over the latter stablecoin. The SEC allegedly wrote to Paxos. The regulator alerted Paxos to “possible enforcement action” in the letter. BUSD is
The SEC’s recent move to investigate some crypto staking offerings in the United States has captured the attention of the global cryptocurrency community. After Kraken’s settlement with the government. Many people expected Coinbase to have to do the same, thus the biggest US-based exchange decided to speak out. Paul Grewal,
With the help of digital asset company Metaco, the 105-year-old German bank DekaBank plans to introduce a tokenization platform built on the blockchain. Digital asset custody executive at DekaBank Andreas Sack said the organization aims to deliver its blockchain platform in 2024. With the underlying infrastructure completed by 2023. Sack
