According to Bitbase, this will be the country’s first shop of its sort. The corporation said it wanted to expand its operations in Venezuela in February. Bitbase, a cryptocurrency exchange that provides help in physical locations, has announced opening its first shop outside of Europe. Cryptocurrency enthusiasts in Paraguay may
Before July 19, the company recommended customers remove their cash. CoinPayments blamed it on new Anti-Money Laundering (AML) legislation. Shortly after several firms went down, the crypto sector was hit with a lengthy bear market. As a result of the recent increase in market volatility, the crypto ecosystem is also
An additional element came into play in India: a 1% TDS from July 1st, 2022. Prices of cryptocurrencies like Bitcoin and Ethereum have continued to plummet. Inflation, rate hikes, and increasing fuel prices have all affected the volume of crypto exchange activity. From July 1, 2022, onwards, an additional element
More than 60 million app users in Brazil will be able to use the new features. Paxos, a firm known for providing crypto management, has been chosen. Fintech organizations are increasingly embracing crypto to enhance their service offerings to their clients. Picpay, a Brazilian fintech, and payments firm, announced it
This new asset class may now be included in their long-term investment plan. Pie-based investing is a fundamental feature of M1 Finance. Many crypto investors will be frightened in 2022 due to a bear market, but online brokerage business M1 Finance plans to provide cryptocurrency trading accounts and services soon.
Traders from Iran were banned from Binance’s exchange in November 2018. The company has been utilizing Reuters WorldCheck for KYC verification since 2018. According to a report, Binance, the world’s biggest cryptocurrency exchange, continues to service Iranian clients despite a corporate ban and economic sanctions. Binance has added Iran to
Jatin Mazalcar left Vauld after the crypto lender stopped withdrawals. Vauld halted all withdrawals on July 4th due to the financial difficulties. Vauld CFO Jatin Mazalcar has left the company after the Singapore-based cryptocurrency lender was compelled to cease client withdrawals last week. Mazalcar continued to serve as a consultant
Customers were notified via email by the exchange. To keep their accounts alive, they must pay $20.35 every month. Some cryptocurrency exchanges and lenders have been unable to restore client payments that have declared bankruptcy or are in the process of obtaining extra capital to stay functioning due to the
Recently, the exchange halted withdrawals on its platform. An arbitration proceeding in Hong Kong is underway against this person. In response to Roger Ver, CoinFLEX has issued a fresh update. According to the latest statement, the exchange’s deficit has now climbed to $84 million due to the loss in liquidating
By the first quarter of 2022, KuCoin had 18 million registered users. The European market topped the first half of 2022 with $481 billion in trading volume. In its semi-annual report, KuCoin, the world’s leading cryptocurrency exchange, highlights the key indicators and accomplishments of 2022. Market performance and new product
