The Virtual Asset Regulatory Authority (VARA) in Dubai has issued a full operating license to Nomura’s cryptocurrency joint venture Komainu, which also includes crypto businesses CoinShares and Ledger. The government of the UAE is encouraging crypto startups by providing funding and enacting laws that are friendly to the industry. Provisional
Bitget is revising its KYC procedures for customers to conform to international regulatory standards. The exchange claims that additional KYC procedures are being implemented to safeguard customers’ interests. Also, foster a safe ecosystem for the trading of cryptocurrencies, and meet the criteria of regulatory bodies throughout the world. Beginning in
As part of its ongoing commitment to promoting education and the adoption of cryptocurrencies in the United Arab Emirates, Bybit, the third most visited cryptocurrency exchange in the world, is delighted to announce that it has given scholarships to 38 deserving students at the American University of Sharjah (AUS). Following
FTX founder Sam Bankman-Fried (SBF) has asked to be released from jail for five days every week so that he and his attorneys may prepare their defense after the DOJ revoked his bail a week ago. Lawyers for SBF wrote to US District Judge Lewis Kaplan on Friday to complain
Despite its fast expansion and widely dispersed remote workforce, little is known about Binance, the biggest cryptocurrency exchange in the world. Binance continued to be a key participant in the cryptocurrency industry in 2022, despite the bear market, with an average daily trading volume of $65 billion. A lot of
The National Futures Association of the US CFTC has granted Coinbase Financial Markets, a futures commission merchant registered with the CFTC, approval to provide crypto futures trading to qualified consumers in the US. Despite a lawsuit by the US SEC, this is a huge win for Coinbase and the cryptocurrency
Crypto trading platform Bybit has announced a partnership with the leading security-focused ranking platform CertiK. The partnership aims to revolutionize the security system in the blockchain sector and also enhance the security and trustworthiness of the Bybit platform. This is expected to be a significant collaboration for the crypto exchange.
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
