The Nigerian Securities Exchange Commission (SEC) has introduced new crypto license requirements that are poised to have a significant impact on the operational landscape of local cryptocurrency exchanges. Despite the Central Bank of Nigeria (CBN) lifting restrictions on Nigerian banks…
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Financial Intelligence Unit of India (FIU) Imposes Shadow Ban on Crypto Exchanges
The Financial Intelligence Unit India (FIU IND) has taken a resolute stand against major cryptocurrency exchanges operating within the Indian market. Show Cause Notices have been sternly issued to nine prominent exchanges, including Binance, Kucoin, Gate, Huobi, Kraken, Bittrex, Bitstamp,…
Are Decentralized Exchanges Now Profitable? Peep Into How Sushiswap (SUSHI) Price Delivered 105% Profits in 30 Days
Sushiswap (SUSHI) is currently leading the lines for the native token of DEXs in terms of increases. So, it is following in the footsteps of the broader crypto market to increase by more than 105%. But there’s a problem. Sushiswap…
Top Centralized Crypto Exchanges in the world – CZ’s Binance Dominates the Market followed by Upbit and Bybit exchange
In the ever-evolving landscape of cryptocurrency exchanges, staying up-to-date with the latest market trends and rankings is paramount. As of September 2023, Binance stands tall as the largest centralized crypto exchange, boasting a market share of 43.9%. In this article,…
Australian Crypto Exchanges Embrace New Licensing Regime
The Australian Treasury’s recent announcement regarding the regulation of cryptocurrency exchanges has garnered significant praise from local crypto exchanges. With plans to integrate cryptocurrency exchanges within existing financial services licensing measures, the Treasury aims to provide regulatory clarity and introduce…
UK Crypto Exchanges Scramble to Comply With New Regulations
Major cryptocurrency exchanges operating in the UK have unveiled plans to adhere to the country’s new Financial Promotions (FinProm) Regime enforced by the Financial Conduct Authority (FCA). The rules aim to promote fairness and transparency in the crypto sector. Binance…
UK Regulator Identifies Over 140 Crypto Exchanges, Including Huobi and KuCoin, as Non-Authorized
In recent developments, the Financial Conduct Authority (FCA) of the United Kingdom has added over 140 cryptocurrency exchanges to its list of non-authorized firms. This move by the regulatory body sends a clear message to consumers, urging them to exercise…
Verisign’s Digital Money Supported Patent Reforms Space Name Exchanges
Verisign, a global innovator in space name enlistment and web framework administrations, has made a significant leap forward in the current scenario, where digital forms of money consistently leave their imprint as a secure and productive method for moving value. …
Texas Introduces Crypto Protection Bill: Ensuring Consumer Fund Security and Transparency in Exchanges
Texas Rep. Giovanni Capriglione has filed House Bill 1666, aiming to protect consumers investing in digital assets like cryptocurrencies. The bill mandates that digital asset exchanges verify they have adequate funds in reserve to pay customers upon request while prohibiting…
Billionaire Investor Mike Novogratz Says Not All Crypto Exchanges Are Criminal Like FTX
According to Mike Novogratz, CEO of the cryptocurrency investment firm Galaxy Digital, not all cryptocurrency exchanges are run like the now-defunct FTX. Novogratz stated that not all cryptocurrency platform managers are out to steal users’ money in an interview with…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
