Customers of the cryptocurrency exchange Dasset in Auckland are locked out of their funds since the company has apparently disclosed liquidation plans. The Dasset exchange, headquartered in Auckland, was founded in the midst of 2017’s ICO frenzy. Local media The Herald reported on Monday that hundreds of consumers had been
Cryptocurrency giant Binance has taken legal action against the US Securities and Exchange Commission (SEC), filing for a protective court order due to concerns over the agency’s extensive and burdensome requests for the company’s communications. The move comes after Binance and the SEC had previously reached an agreement in court
In order to better serve its Canadian customers, Coinbase has partnered with Peoples Trust Company to provide Interac e-Transfers. Coinbase wants to significantly increase its presence in Canada in light of the country’s crypto-friendly regulatory climate by providing free access to Coinbase One for 30 days, eliminating trading fees, increasing
In light of the current Onchain Summer initiative, Coinbase CEO Brian Armstrong has called attention to usability difficulties in the Coinbase app for NFTs, Dapps, and L2. Armstrong’s tweet acknowledged the platform’s flaws and called for better experiences for users. Over the course of many weeks, Onchain Summer celebrates Base-based
The Financial Supervisory Commission (FSC) of Taiwan has reportedly received an application for registration from Binance, under the Money Laundering Control Act. According to a local media source, the exchange has applied for Anti-Money Laundering (AML) compliance. BitShine’s co-founder Chen Peiyun was quoted in the report as saying that the
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”
The number of daily active users on Coinbase’s layer 2 blockchain has surpassed 100,000 only one day after the network’s formal debut. On August 10, the day after its public debut, Dune Analytics recorded more than 136,000 daily users, the highest daily figure to date. Base has been available for
U.S. consumers will soon no longer be allowed to engage in trading in seven cryptocurrencies, according to the notice made on August 8. This is possibly due to recent regulatory updates by the U.S SEC. Beginning on August 29th, Bitstamp will no longer allow users in the United States to
Binance has recently announced it has been granted a full license to operate in El Salvador. This landmark event coincides with the rising acceptance of Bitcoin (BTC) as legal money in the nation. The exchange has made history with this statement by being the first cryptocurrency exchange to be granted
Bitstamp, a cryptocurrency exchange, is in negotiations to acquire additional capital as the industry faces increasing regulatory scrutiny across the globe. The exchange’s global CEO, Jean-Baptiste Graftieaux, has said that the company began raising capital in late June, advised by Galaxy Digital Holdings and Mike Novogratz. The money will be
