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Search Results for: fiat currency

Indian Exchange WazirX Halts INR Withdrawals

WazirX, the Indian crypto exchange, has temporarily halted fiat withdrawals from its trading platforms. Indian crypto users have not been able to withdraw Indian rupees (INR) for over 24 hours. The suspension is due to complications with the crypto exchange’s payment provider. According to the withdrawal page on the trading

August 26, 2023 2 mins read

Bitunix Expands Team with Expert Slater for Strategic Asian Expansion

Bitunix, a leading crypto derivatives exchange, recently announced its strategic collaboration with Coinify, a prominent cryptocurrency payment company. This partnership aims to revolutionize the way users engage with cryptocurrencies by allowing payments through credit cards, bank cards, and even Apple Pay. With this integration, Bitunix is poised to broaden its

August 19, 2023 2 mins 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

Singapore’s Central Bank Introduces Guidelines for Stablecoins Issuers

In an effort to improve the reliability of single-currency stablecoins, Singapore’s central bank, the Monetary Authority of Singapore (MAS), issued new guidelines on August 15. For single-currency stablecoins having a circulation value of more than S$5 million tied to the Singapore Dollar or any fiat of the G10 nations, the

August 15, 2023 2 mins read

HKVAX Gets In-principal Approval From Hong Kong’s SFC

The Hong Kong Virtual Asset Exchange (HKVAX) has received an in-principle clearance from the Securities and Futures Commission (SFC) to conduct virtual asset trading in accordance with Hong Kong’s securities regulations. To conduct Type 1 and Type 7 regulated operations, HKVAX reported on August 11 that it had secured “approval-in-principle”

August 11, 2023 2 mins read

Bybit’s P2P Trading Offers Instant Onchain Deposits in Users’ Web3 Wallets

One of Coingecko’s top five cryptocurrency exchanges, Bybit, is excited to announce that its peer-to-peer (P2P) trading service is now available for customers to purchase cryptocurrency on-chain. With the P2P improvement, customers may presently buy USDT with more than 62 different fiat currencies while receiving cryptocurrency on the Ethereum and

August 3, 2023 1 min read

HashKey Exchange Licensed for Retail Crypto Trading in Hong Kong

HashKey Exchange is the first cryptocurrency exchange in Hong Kong to get a license to operate for retail clients under the region’s new crypto guidelines, which are designed to turn Hong Kong into a global cryptocurrency center. HashKey Group, which includes virtual asset exchange HashKey Exchange in Hong Kong, made

August 3, 2023 1 min read

Etana Custody Launches Digital Asset Trading Services For Credit Unions

Etana Onboards WeStreet Credit Union in Partnership with CryptoFi to Provide Secure and Regulated Trading Environments to Members DENVER–(BUSINESS WIRE)–Etana Custody (Etana), an industry leader in digital asset custody and trade support solutions announced the successful onboarding of WeStreet Credit Union in collaboration with CryptoFi, a Cryptocurrency-as-a-Service (CaaS) company. The

August 2, 2023 4 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

KuCoin’s ‘Into The Cryptoverse’ Report Unveils 3.8 Million Japanese Adults Engage in Crypto Investment

VICTORIA, Seychelles–(BUSINESS WIRE)–#blockchain–KuCoin, a top 5 global crypto exchange, has launched its 13th edition of the ‘Into The Cryptoverse’ report. This edition focuses on the burgeoning cryptocurrency market in Japan, offering a detailed analysis of the trends, preferences, and behaviors of Japanese crypto investors. The report is based on an

July 27, 2023 3 mins read