The Google Play Store has delisted several prominent cryptocurrency exchanges, including Binance and KuCoin, in adherence to an official notice from India’s Financial Intelligence Unit (FIU). The directive, issued on December 28, 2023, targets exchanges operating without proper registration in India, demanding adherence to local financial reporting regulations. The FIU’s mandate requires exchanges serving Indian customers to register as reporting […]

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Coinbase, a leading digital currency exchange, has announced a significant partnership with Yellow Card, a prominent African financial service provider. This collaboration is set to revolutionize the way Coinbase users in Africa convert local currencies to and from crypto, with a special emphasis on the stablecoin, USD Coin (USDC). Key Benefits for African Users: The initiative […]

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In a historic move for the financial industry, U.S. markets witnessed the debut of Bitcoin ETFs with a bang, as trading volumes soared to $4.6 billion on their first day. This surge of activity came hot on the heels of the SEC’s landmark approval, signaling a potential shift in the investment landscape for cryptocurrencies. Among the front-runners, BlackRock’s iShares Bitcoin […]

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Apple’s App Store in India has delisted several major cryptocurrency exchange applications, including Binance and KuCoin, following directives from the country’s finance authority. This step comes on the heels of the Financial Intelligence Unit’s (FIU) December directive, which flagged these platforms for non-compliance with local regulations. The FIU’s notice, issued on December 28, mandated that crypto exchanges serving Indian […]

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In an unprecedented event blending space exploration and financial technology, a Bitcoin wallet has been launched to the moon aboard the Vulcan Centaur rocket. This mission, initiated by crypto derivatives exchange BitMEX, marks a new chapter in the annals of both space travel and digital currency. On May 18, 2023, BitMEX announced its plans to send a […]

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Coinbase is charting a new course in the European Union’s financial landscape. The renowned digital currency platform is set to broaden its product palette with regulated derivatives, stepping into the competitive arena against the likes of Binance and Bybit. In a strategic move, Coinbase has announced its acquisition of a Cyprus-based entity, a move that aligns with […]

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MEXC, a well-known crypto exchange, has stepped forward to clarify the situation following the deletion of an account previously thought to be managed by its CEO. This event has raised eyebrows amidst reports of users facing withdrawal challenges. The exchange moved swiftly to alleviate customer concerns after the account named “MEXC_CEO” was removed from the […]

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In a recent development, Coinbase, a leading name in the cryptocurrency exchange market, has come forward to clarify its stance amid allegations of regulatory interference. The company’s top policy executive, Faryar Shirzad, addressed concerns raised by Senator Elizabeth Warren, emphasizing the company’s commitment to constructive engagement in the formulation of digital asset regulations. Shirzad firmly denied […]

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The U.S. court has validated a settlement requiring the cryptocurrency exchange Binance and its previous CEO, Changpeng Zhao, to pay significant fines. The ruling, which concludes a lengthy investigation by the U.S. Commodity Futures Trading Commission (CFTC), imposes a $2.7 billion payment by Binance and a $150 million payment by Zhao. The court’s approval finalizes […]

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The Securities and Exchange Commission (SEC) of the United States has recently dismissed a petition from Coinbase Global for the establishment of novel regulations tailored to the digital asset industry. In a narrow vote that concluded with a 3-2 split, the commission has expressed its fundamental opposition to the argument presented by Coinbase, which claims […]

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