crypto exchange

Taiwan's financial watchdog of Taiwan drafted 10 guiding principles for virtual asset service providers (VASPs) after a public hearing for the crypto industry. The principles, compiled by the Financial Supervisory Commission (FSC), are slated to be released by the end of September....

Lawyers representing Sam Bankman-Fried are pushing for a temporary release or, at a minimum a provision for him to consult with his legal team five times a week. Bankman-Fried's team argued his current incarceration hinders his ability to actively participate in his defense...

A significant amount of the Pepe (CRYPTO: PEPE) meme coin, valued in the millions, was observed entering crypto exchanges on Thursday. This sudden influx alarmed investors, leading to a decline in its price and raising concerns about unusual activities related to the project's multisig,...

Institutional crypto exchange EDX Markets (EDX) has announced its collaboration with Anchorage Digital, a national trust charter from the U.S. Office of the Comptroller of the Currency (OCC), to serve as the custody provider for EDX's soon-to-launch clearinghouse business, EDX Clearing....

Bitget will soon require new users to undergo level 1 KYC (Know Your Customer) verification. Starting Sep. 1, users will have to provide an identification document, such as a passport, and undergoing facial recognition. Current users are given until Oct. 1 to fulfill this requirement. See Also:...

Billy Markus, co-creator of Dogecoin and popularly known as Shibetoshi Nakamoto, offered insights into his views on cryptocurrency investments and his favorite coins. Markus recently said, "My [number one] rule of crypto is never put more money into it than you’re willing to burn in a...

Cryptocurrency platforms in Australia are reportedly being used to launder nearly half of the proceeds from financial scams. That's according to the Australian Financial Crimes Exchange (AFCX), a non-profit organization that sourced data from the country's major banks. About 47% of the...

Hong Kong Virtual Asset Exchange (HKVAX) Friday announced it has received in-principle approval from Hong Kong's Securities and Futures Commission (SFC) to conduct Type 1 and Type 7 regulated activities. This move positions HKVAX as the third licensed virtual asset operator in Hong Kong....

Several venture capital firms — including Menlo Park, California-based Sequoia Capital, Singapore's Temasek Holdings, Japan's SoftBank Group of Japan, and Hong Kong's Sino Global Capital — face a class action lawsuit due to their alleged involvement in the downfall of FTX....

Circle Internet Financial (CRYPTO: USDC) is relying on its substantial cash reserve of more than $1 billion to navigate the increasing challenges posed by non-crypto entities such as PayPal Holdings Inc (CRYPTO: PUSD) The company wants to reverse the dwindling market share of...

Rollbit (CRYPTO: RLB), a crypto casino and exchange platform, decided to purchase and subsequently burn its RLB tokens on a daily basis, leading to a 63% spike in the token's price. The platform, which facilitates token trading with an impressive 1000x leverage, also provides sports betting,...

Crypto exchange Binance (CRYPTO: BNB) on Monday announced it has become the first crypto exchange to be fully licensed in El Salvador. The Central Reserve Bank (Banco Central de Reserva) has granted Binance the Bitcoin Services Provider license (BSP), while the National Commission of Digital...

Beleaguered crypto exchange FTX (CRYPTO: FTT) has submitted a court request to exclude its Dubai subsidiary from the ongoing restructuring process in the U.S. According to the court document filed on Aug. 2, FTX asserted that its Dubai branch had not engaged in any business activities prior to the...

HashKey received a license under Hong Kong's new cryptocurrency regulations, marking a significant step towards legitimizing the retail trading of digital assets in the city. This development is part of the city's broader strategy to position itself as a global epicenter for the digital...

The U.S. Department of Justice (DOJ) is reportedly contemplating the possibility of bringing fraud charges against the cryptocurrency exchange Binance (CRYPTO: BNB). However, officials are expressing concerns about the potential impact on consumers, Semafor reported, quoting sources familiar with...