Richard Teng, the CEO of Binance, said today at Davos that Binance users had saved as much as $1.75 billion in remittance costs via immediate user-to-user cryptocurrency remittances totaling $26 billion between the years 2022 and 2024. Remittances are a significant component of the global economy, with projections indicating that they will reach
BC Wong has been appointed to the position of Chief Executive Officer (CEO) of KuCoin, the globally recognized cryptocurrency exchange. KuCoin’s dedication to worldwide expansion and innovation is highlighted by the strategic decision, which also includes the exchange’s commitment to preserving regulatory compliance. BC Wong, who is more often referred
South Korea’s Financial Intelligence Unit (FIU) is set to conduct a disciplinary hearing on January 21 to evaluate Upbit, the nation’s largest cryptocurrency exchange, for alleged violations of Know-Your-Customer (KYC) regulations. During a recent on-site inspection tied to the renewal of Upbit’s Virtual Asset Service Provider (VASP) license, the FIU
Making its market debut in January 2022, NilDEX has stayed consistent with its vision of enabling secure and decentralized crypto trading over the past years. The exchange currently spans across the globe providing trading services for 150+ assets, and 200+ trading pairs and not to overlook its unique feature –
Bitarp is a prominent and trusted crypto exchange and has rapidly become a worldwide sensation with over 3 million users spread over 150+ countries in a short span. Its innovative blend of security, accessibility, and advanced features is behind its explosive growth. Thanks to its expanding service offerings and global
The domination of altcoin trading volume on Binance has reached 78%, which, according to a crypto expert, suggests a substantial possibility of an altcoin bull market in 2025. According to a market assessment by CryptoQuant contributor Burakkesmeci published on January 11th, the altcoin market may keep gaining steam in the
In light of recent legislative changes, the global cryptocurrency exchange Bybit has announced the temporary suspension of its crypto trading services in India. Bybit has announced that from January 12 at 8:00 am UTC, a number of services, including cryptocurrency trading, account opening, and order placement via other exchange products,
At the beginning of the new year, Bitcoin momentarily recaptured the $100,000 level, which caused investors to feel a tremendous amount of enthusiasm. The rise, on the other hand, did not last long since the sentiment of the derivatives market and the data from the macroeconomic data did not give sufficient support for
It is with great enthusiasm that KuCoin, a prominent global cryptocurrency exchange, announces the findings of its second edition of the KuCoin Campus Survey, which was carried out at the Vietnam Technology & Investment Summit (VTIS) 2024. KuCoin’s dedication to cultivating this crucial market is reaffirmed by the findings of a
Significant advancements were made in the blockchain sector in the year 2024, as shown by a boom in the acceptance of blockchain technology by the general public and the participation of institutions. Binance, a pioneer in the industry, has been at the forefront of revolutionizing trends and has accomplished significant
