Exchange

Philippines Implements Ban on Binance Amid Licensing Concerns

The Philippine Securities and Exchange Commission (SEC) has announced a significant regulatory move to block local access to Binance, the world's largest cryptocurrency exchange....

Binance Ends Support for TRC-20 USDC Following Circle’s Lead

Binance, the leading cryptocurrency exchange by trading volume, has announced it will terminate deposit and withdrawal support for TRC-20-based USD Coin (USDC) tokens on...

Binance Executive’s Daring Escape from Detention in Nigeria

In a dramatic turn of events, a Binance executive, Nadeem Anjarwalla, has reportedly escaped from detention in Nigeria amidst an ongoing investigation into tax...

KuCoin Advances Crypto Expansion in India by Leading in FIU Compliance

KuCoin, a global crypto trading platform, has set a remarkable precedent as the first international crypto exchange to align with India's Financial Intelligence Unit...

SEC Chairman Highlights Crypto Firm’s Avoidance of Public Disclosures

Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), has spotlighted the cryptocurrency industry's practices that, in his view, undermine public...

The Legal Limelight: OneCoin’s Dilkinska Awaits Judge’s Decision

In a recent court filing, the attorney for Irinia Dilkinska, the former head of legal and compliance for the infamous OneCoin cryptocurrency scheme, has...

Backpack Crypto Exchange Hires Finance Veteran Oliver Sleafer as CFO

Backpack, a burgeoning crypto exchange created by former executives of the now-defunct FTX and Alameda Research, has brought on Oliver Sleafer as its Chief...

OKX Exits India: A Move Prompted by Regulatory Challenges

OKX, a prominent cryptocurrency exchange, has announced its decision to cease operations in India, following nearly three months of regulatory challenges. This move comes...

Kraken Launches Institutional Custody Service in Wyoming

Kraken, a prominent cryptocurrency exchange, has introduced a new custody service tailored for institutional clients, leveraging its unique banking license in Wyoming. Known as...

Coinbase and its Allies Challenge the SEC for Crypto Regulations

Coinbase Inc., supported by notable allies including Paradigm and the Crypto Council for Innovation, is embroiled in a legal battle against the U.S. Securities...

Galaxy Digital Set to Launch Crypto ETPs in Europe

Galaxy Digital, the digital asset financial services company led by Michael Novogratz, is gearing up to introduce cryptocurrency exchange-traded products (ETPs) in Europe within...

Binance Tightens KYC to Exclude U.S. Nationals Amid Regulatory Scrutiny

In response to regulatory pressures, Binance, the world's largest cryptocurrency exchange by trading volume, is stepping up its compliance measures by instructing prime brokers...