Crypto exchange Coinbase initiated a solid move against the U.S. Securities and Exchange Commission (SEC). On Monday, the exchange sued SEC, urging the court to compel the regulator to respond to its rulemaking petition. Paul Grewal, Chief Legal Officer at Coinbase, tweeted: “The SEC is required by law to respond
Bybit is actively advocating for stricter regulations, and it expects its users to do the same. The terms of service for the exchange stipulate that by May 8th, 2023, all users of the exchange’s services must have passed the basic Know-Your-Customers (KYC) process on the trading platform. Moreover, existing users
Visa, one of the leading digital payment companies in the world, has looked to increase its reach across the digital payment landscape via a new ambitious crypto product roadmap. On Monday, Cuy Sheffield, the Visa head of crypto, stated that the company is aiming for a further push into mainstream
On Monday, OKX, a cryptocurrency exchange, revealed the results of a special polling event organized to choose which meme currencies will be listed. The crypto exchange will add support for ArbDoge AI (AIDOGE) and Bone ShibaSwap (BONE) based on the results of a vote. #OKX Memecoins: 🥁 Votes have been
In response to rising demand for Bitcoin, Shiba Inu, and Dogecoin, the biggest cryptocurrency exchange in the world, Binance has created seven additional liquidity pools. Users may earn incentives by providing liquidity to Binance’s pools or swapping one token for another via the Binance Liquid Swap. On April 24th, Binance
After two years of inactivity, the founder of the defunct Turkish cryptocurrency exchange Thodex has been extradited home. Albania has deported Faruk Fatih Ozer, the CEO, and founder of the defunct crypto exchange Thodex, to Turkey. According to Anadolu Agency, Turkey’s state-run news organization, local police took the 27-year-old under
KuCoin, the crypto exchange’s official Twitter account, was compromised for 45 minutes starting at 00.00 UTC+2 timezone. As per the tweet from KuCoin, the Twitter hack was performed by posting “fake activity”, which caused a number of crypto users to lose their assets. 1/ The @kucoincom handle was compromised for
Coinbase’s Layer 2 initiative seems to be progressing steadily toward a mainnet release. In February of 2023, developers released a testnet version of the Ethereum Layer 2 network. Base was released as a platform that simplifies integration between third-party applications and the Coinbase ecosystem. In their most recent post, the
Due to the SEC’s lack of regulatory clarity, the largest cryptocurrency exchange in the United States, Coinbase, is apparently looking to relocate its operations offshore. Coinbase, though, seems to be preparing for a protracted court struggle rather than a swift resolution. Met with the SEC today. We’ll continue pushing for
According to reports from South African media outlets, the Nigerian cryptocurrency exchange Roqqu has been given a regulatory license to operate in the nation, enabling users to buy and sell cryptocurrencies using the local fiat currency, the South African rand. Roqqu’s focus on South Africa is indicative of the importance
