South Korea’s largest cryptocurrency exchange, Upbit, faces an investigation for alleged violations of Know Your Customer (KYC) procedures. The Financial Intelligence Unit (FIU) has flagged between 500,000 and 600,000 identification issues during the review of Upbit’s business license renewal. The FIU uncovered numerous instances of blurred names or incomplete data
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UEEx is one of the fastest growing crypto exchanges platforms. It prides itself on being a secure exchange for both beginners and sophisticated traders. In this UEEx review we indepthly cover every key aspect of the platform from a user perspective. This article will answer all your key questions about
Russia is planning to launch two new cryptocurrency exchanges to bolster its foreign trade (FT) activities. The exchanges will be established in Moscow and St. Petersburg, aiming to create secure platforms for cryptocurrency transactions aligned with international trade practices. In St. Petersburg, the new exchange will be based on the
In a week marred by legal upheaval, Binance, the world’s largest cryptocurrency exchange, found itself embroiled in an event that reverberated across global financial spheres. The exchange was hit with criminal charges alleging violations of sanctions and money transmitting laws, culminating in a historic $4.3 billion settlement with the U.S.
Coinbase’s, the leading crypto exchange, co-founder Brain Armstrong recently shared ten promising idea proposals on August 30. Following that, Coinbase’s co-founder tweeted that he had received more than 150 project applications for the ten promising ideas. Moreover, he added an 11th start-up idea in the tweet. We've gotten more than
Binance, the world’s largest crypto exchange, has released an announcement stating that users should convert their Binance USD (BUSD) into other cryptocurrencies, including the newly listed stablecoins, before February 2024. This announcement comes after Paxos halted the minting of the new BUSD. As Paxos has halted minting of new BUSD,
Bybit, the cryptocurrency exchange, has upgraded its copy trading feature to offer users advanced opportunities through automated trading. Copy trading is a strategy where inexperienced or busy traders replicate the trades or investment strategies of experienced traders. Through a dedicated platform offered by a brokerage or social trading network, these
The world-renowned cryptocurrency exchange Binance has decided to delist PEPE as a borrowable asset on its Flexible Loan platform. As per Binance’s official statement, starting from June 21, 2023, at 08:00 (UTC), users will lose the ability to borrow PEPE on the Flexible Loan platform, in line with the delisting
Phemex, a cryptocurrency exchange has announced the addition of the FLOKI Inu perpetual trading pair to its platform. Phemex users can now trade FLOKI with leverage of up to 20x. Traders can now buy and sell the 1000FLOKI/USDT contract on the exchange. Perpetual contracts are a type of derivative that
Today, Binance has declared its crypto focus on the United Kingdom (UK) than on the United States (US) since it has become harder to tackle the Biden administration. The chief strategy officer of Binance, Patrick Hillman commented that the last 6 months have been confusingly hectic for the US businesses,
