Coinbase, one of the leading cryptocurrency exchanges globally, has experienced remarkable success in 2021, reaching an unprecedented milestone of $500 billion in quarterly trading volume. With the crypto industry gaining significant momentum, Coinbase’s performance is poised to surpass this milestone…
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Philippines Cracks Down on Unlicensed Trading Platforms, Blocks Access to Binance – Here is why?
The Philippines has taken a decisive step in its crackdown on unlicensed online trading platforms by announcing the blocking of access to cryptocurrency giant Binance. The Securities and Exchange Commission (SEC) revealed that Binance was not registered in the country,…
Coinbase Faces Regulatory Quandary as U.S. Authorities Probe Bybit
In recent developments, Coinbase, the leading cryptocurrency exchange, has notified select users about a subpoena it received from a U.S. regulator concerning Bybit, another prominent player in the crypto space. This revelation, gleaned from emails circulated by Coinbase and subsequently…
Coinbase Subpoenaed by CFTC: Exploring User Impact and Broader Regulatory Landscape
In a recent turn of events, Coinbase, one of the leading cryptocurrency exchanges, has disclosed that it received a subpoena from the U.S. Commodity Futures Trading Commission (CFTC). The email sent to Coinbase users, obtained by CryptoSlate, revealed limited details…
Coinbase aligns with international financial frontrunners at the UK Investment Summit
In the heart of technological advancement and financial evolution, the United Kingdom stands as a pivotal player, hosting the biannual Global Investment Summit. This esteemed event, drawing 200 global CEOs from diverse industries, serves as a testament to the UK’s…
OKX Crypto Exchange Expands into Brazil with Launch of Crypto Exchange and Web3 Wallet Platform
OKX, a Web3 technology company and crypto exchange, has officially launched its crypto exchange and Web3 wallet platform in Brazil. This milestone brings a trusted and secure gateway to decentralized finance (DeFi) and crypto trading for Brazilian users. With the…
DOJ Charges Binance CEO CZ and Proposes 10-Year Prison Sentence
In a stunning turn of events, the U.S. Department of Justice (DOJ) has brought forth charges against ChangPeng Zhao (CZ), the CEO of Binance, and revealed a potentially drastic shift in the sentencing landscape. The DOJ’s latest court filing not…
Zipmex Thailand’s Compliance Measures: Halted Trading, Custodial Service Misuse, and Conflict of Interest
Zipmex Thailand, a leading digital asset exchange serving customers in Thailand, Australia, and Indonesia, has recently implemented a temporary halt on new deposits and trading activities in compliance with the directives of Thailand’s Securities and Exchange Commission (SEC). This move…
Coinbase’s Bitcoin Reserves Soar Amidst Regulatory Turmoil for Binance
In a significant shift of fortunes, new on-chain data reveals that Coinbase, the leading US-based cryptocurrency exchange, is witnessing a remarkable increase in its Bitcoin (BTC) reserves, while Binance, its global competitor, experiences a decline in BTC holdings. This development…
Kraken challenges SEC’s allegations, defends crypto industry’s right to thrive – Advancing Crypto Innovation in the United States
In the face of the Securities and Exchange Commission’s (SEC) allegations, Kraken challenges the claims and advocates for the right of the crypto industry to exist and flourish in the United States. The complaint against Kraken lacks substantial evidence of…