Recently, the Australian government announced its intention to license cryptocurrency exchanges as a means of regulating the digital asset market. The policy shift has consumer protection and innovation in the crypto sector as its stated goals. Concerns have been raised by certain exchanges, however. On October 16, the Australian Treasury
A significant hearing in the continuing legal battle between Binance, and the US SEC is likely to unfold today. The action has entered a pivotal point. And Judge Amy Jackson has issued several orders to clear outstanding motions. Including an amicus brief submitted by USDC issuer Circle. Multiple rulings clearing
According to Bobby Zagotta, CEO of Bitstamp USA and the company’s worldwide chief commercial officer, the cryptocurrency exchange Bitstamp intends to restart operations in Canada after suspending them early in 2024. Bitstamp has stated in a statement that it will stop serving Canadian clients as of January 8, 2024. Moreover,
After investing $24 million to extend operations to India, cryptocurrency exchange Gemini has named a head of operations for its Indian arm. According to his LinkedIn page, Sachin Ranglani, who had substantial expertise in the IT industry, joined the company in the roles of Vice President and India Head in
The futures offering on the Binance exchange now includes a copy trading capability. By allowing users to closely mimic the trades and portfolios of successful traders, this cutting-edge innovation creates a richer learning and social experience for the trading community as a whole. There are two available settings in Binance
On Tuesday, October 10, Caroline Ellison, formerly of the hedge fund Alameda Research and an intermittent business associate of Sam Bankman Fried (SBF), is scheduled to testify against him in his impending fraud trial. SBF is accused of engaging in high-risk trading practices and misappropriating client monies from FTX. After
In light of recent changes to the laws governing cryptocurrency exchanges in the U.K enacted by the Financial Conduct Authority (FCA), OKX UK, a subsidiary of the global crypto exchange OKX, said in a blog post that it would be making substantial changes to the tokens it supports. OKX UK
Lookonchain, a provider of blockchain analytics and insights, claims that the hacker who broke into HTX Global (previously Huobi) has restored all of the stolen funds. HTX Global received a total of 4,999 Ether (ETH) worth $8.2 million in refunds. Last week, an unknown hacker breached the crypto exchange’s security,
Crypto exchange Binance has introduced a new UK-specific domain. This action is a major step toward meeting the requirements of the revised Financial Promotions Regime in the United Kingdom. The FCA-authorized Rebuildingsociety.com Limited is now also a partner of the exchange. The two parties are working together to ensure that
KoinBX, India’s most trusted and fastest growing exchange, takes a lead in the crypto ecosystem. The exchange has not only solidified its position as the most trusted crypto platform but has also ascended into the coveted top 100 crypto exchanges list on CoinMarketCap, a testament to its relentless pursuit of
