Binance’s UK reentry in limbo as regulatory challenges persist


Binance Holdings Ltd., the world’s largest cryptocurrency exchange, is grappling with challenges as it seeks to reestablish its presence in the United Kingdom.  Regulatory opposition and reluctance among prospective local partners have emerged as significant roadblocks in this endeavor. Binance’s regulatory challenges emerge Binance’s ambitious plans to reenter the UK market have been met with […]

UAE license is a gamechanger for OKX

UAE license is a gamechanger for OKX

OKX has become the first global crypto exchange to receive a full VASP license from Dubai’s virtual asset regulatory authority VARA. The license remains non-operational until OKX fully satisfies all remaining conditions and select localisation requirements defined by VARA, following which it will be able to commence operations, subject to regulatory reverification and approval. OKX […]

Post CZ, The future of Binance in the UAE and Globally

The future of Binance in the UAE and Globally after CZ

For most the Binance saga with U.S. regulator the SEC (Securities and Commodities Exchange) has come to an end. The end while better than FTX’s demise is still a big question mark and there are more queries than answers. Will Binance eventually be fully regulated as a crypto exchange in the UAE and if not […]

Dasset exchange clients struggle as accounts freeze amid financial distress

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Auckland-based exchange Dasset is mired in financial distress, leaving its clients grappling with frozen accounts and uncertain futures. The Herald reports today that the exchange’s precarious situation has left users with substantial holdings in limbo. The sudden freeze on their accounts has blindsided clients of Dasset as the cryptocurrency exchange prepares for liquidation. According to […]

Indonesia plans to set up a crypto exchange this year

Indonesia sets date for long-awaited national cryptocurrency exchange

According to a report released by Bloomberg, Indonesia intends to launch a cryptocurrency exchange in 2023, not long before it is expected to transfer regulatory authority over digital assets from a commodities agency to the Financial Services Authority (FSA). Didid Noordiatmoko, the chairman of the Commodity Futures Trading Regulatory Agency of Indonesia (Bappebti), announced on January 4 that a […]

CZ’s 6 tips to run a healthy centralized crypto exchange


Changpeng Zhao (CZ), the founder of the dominant crypto exchange Binance, has recently proposed several initiatives to restore order to the digital-currency ecosystem in the wake of the collapse of rival FTX. His own success may depend on it. Ever wondered what would have happened if CZ and Binance had taken on the bid to […]

Is Gate.io short of funds? Crypto exchange audit raises red flags

Is gate.io short of funds audit

Gate.io joined the list of exchanges in a rush to publish their proof of reserves, a deeper look at their books and audit however suggests a different narrative. The rush was necessitated to restore investor confidence in cryptocurrency exchanges following the crush of the FTX exchange and its sister company Alameda Research. Before its crash, […]

New Coins Coming to Crypto.com: Best Selections 2022

new coins coming to crypto.com

Bitcoin paved the way for the cryptocurrency revolution, and now thousands of different digital coins are available on the crypto market. New blockchains have developed in the year 2021, with new features and capabilities. These newly developed coins are designed to provide improved functionality compared to their predecessors. The newly formed blockchains are designed to […]

Coinbase clarifies on selling clients’ data allegations


Cryptocurrency trading platform Coinbase has discredited allegations claiming that the Company is selling the Department of Homeland Security’s Immigration and Customs Enforcement (ICE) with client information have been discredited. Online rumors about the exchange giving the ICE geolocation data started to spread on Thursday. Due to this, members of Twitter like Solobase Mac expressed their […]

OSC issues sanctions against Bybit and KuCoin


Canadian regulatory body, Ontario Securities Commission (OSC), has announced financial sanctions against two crypto exchanges. According to the details of the statement, the regulator leveled these sanctions against Bybit and KuCoin. In its statement, the regulatory body mentioned that both entities were guilty of running an unregistered crypto entity while providing services to residents of […]

BitMEX launches its spot market, supports seven trading pairs


BitMEX, one of the longest-running exchanges in the digital asset futures space, has debuted a spot market that allows traders to buy and sell their positions in a particular market. The company is optimistic that a new spot market will help it break into the top 15 spot markets over the next 12 to 16 […]

Defunct Atlanta exchange still owes clients after four years of its closure

The Benefits of Blockchain for Businesses

Users of a crypto exchange in Atlanta that abruptly closed down are still waiting for their bitcoin to be returned four years after the closure. In what has been characterized as an industry first, a federal court verdict ruled in favor of one of the dissatisfied customers shows some sign of relief to the affected […]

FSMA orders registration of exchanges in Belgium


The agency tasked with regulating entities in the financial market in Belgium, FSMA, has announced a new mandate directed towards crypto exchanges. According to the latest Financial Services and Markets Authority rule, exchanges and providers of wallet services across the country would need to start registering their companies. Although the deadline is short, the regulator […]

Opera rolls out crypto browser on iOS


TL; DR Breakdown Opera debuts crypto browsers on iOS devices Users can access different platforms with the browser The app has protection against crypto jacking Opera has announced the rollout of its web browser with in-built wallet services across all iOS mobile devices. Although this new version was just released across the said devices yesterday, […]

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