As the crypto winter deepens, only the dedicated Bitcoin investors can be seen holding onto their tokens, but not on the exchanges. Investors seem to be going into hibernation mode as indicated by the...
Tag: Exchanges
Coinbase COO Choi joins Okta’s board
Emilie Choi, president and chief operating officer at Coinbase, joined identity firm Okta’s board of directors, according to an announcement today. Choi’s appointment is effective as of August 19. She...
317 Million XRP Shuffled Among Ripple, Exchanges, and Unknown Wallets
– Advertisement – Whale Alert continues to track large movements of XRP coins among whales. It has become a norm to see large movements of Ripple (XRP) transfers from addresses on popul...
South Korean Brokerages Looking to Open Crypto Exchanges Despite Terra (LUNA) Collapse
Seven of the largest brokerages in South Korea have started proceedings that will enable them to open digital currency exchanges in the first half of next year. The large domestic expansion companies ...
Bitcoin Holders Withdrawing from Exchanges “Like Never Before”: Arcane Research
Yuri Molchan Users have been taking their Bitcoin off exchanges en masse Bitcoin investors have been moving their stashes off crypto exchanges frantically, as reported by Arcane Research in a recently...
Samsung, Among Others, to Launch Crypto Exchanges in 2023: Report
South Korean securities companies have reportedly set their focus on the crypto industry and plan to set up digital asset exchanges in the first half of 2023. Such firms include Mirae Asset Securities...
Securities Giants Race To Establish Virtual Asset Exchanges Next Year
Several large securities companies in South Korea plan to file preliminary licenses to establish virtual asset exchange by the first half of 2023. The securities giants include Mirae Asset Securities,...
Seven S. Korean Brokerages Plan to Start Crypto Exchanges Next Year: Report
Mirae Asset Securities and Samsung Securities are among the seven firms, the newspaper reported citing anonymous industry sources. Mirae has established a subsidiary under its affiliate Mirae Consulti...
Binance CEO CZ Speaks About Trading Jitters on Exchanges
Exchange News The crypto community on Twitter concluded that CZ was making a jab at FTX. SBF said he would be willing to collaborate with the FDIC in the future. When Binance’s CEO, Changpeng “CZ,” Zh...
FTX generated more than a billion dollars in revenue last year: CNBC
Crypto exchange FTX generated more than $1 billion in 2021 revenue after making only $90 million the year before, according to a new report from CNBC. The growth was driven by its global trading busin...
Are non-KYC crypto exchanges as safe as their KYC-compliant peers?
Many see implementing Know Your Customer (KYC) tools in crypto as a deterrent to the Bitcoin (BTC) Standard, which has predominantly promoted anonymized peer-to-peer transactions. However, regulators ...
The Philippines pushes back against foreign exchanges, continuing a protectionist streak
The pressure on crypto is growing swiftly in the Philippines. After a recent series of controversial moves from the state regulators and local think tanks, the country’s central bank published a warni...
Can exchanges create imaginary Bitcoin to dump price? Crypto platform exec answers
One of the most substantial value propositions of Bitcoin (BTC) is that no one can create more of it apart from its fixed supply. However, an executive from a crypto exchange made a bold claim that so...
Korean Regulator Takes Action Against 16 Foreign Crypto Exchanges – Regulation Bitcoin News
The South Korean financial intelligence unit is taking action against 16 foreign cryptocurrency exchanges for operating illegally in the country. “For illegal business activities of unregistered entit...
South Korea Cracks Down on Numerous Exchanges Over Regulations
The organization has identified 16 service providers. Local exchanges’ offices were raided last month as part of an inquiry. More than a dozen cryptocurrency exchanges risk losing clients in South Kor...
Ontario crypto exchanges set a 30K CAD buy limit on altcoins
Cryptocurrency exchanges based in Canada are imposing an annual buy limit of 30,000 CAD for restricted coins. The limit that applies to Ontario-based users has been imposed to protect consumers as Can...
Bans 16 Crypto Exchanges For Illegal Operation
The Financial Intelligence Unit (FIU) of South Korea’s Financial Services Commission (FSC) has started a crackdown on unregistered overseas crypto exchanges operating in South Korea. Under the regulat...
Kaiko Report Shows Latam Harnessing Crypto Mostly for ‘Real World’ Use Cases – Exchanges Bitcoin News
The latest data debrief issued by Kaiko, a provider of digital assets market data, has found that while there is retail movement in Latam regarding crypto assets, most liquidity is directed to “real w...
These 16 Crypto Exchanges Have Been Flagged By South Korean Financial Regulator
A Total 16 Crypto Exchanges Have Been Picked Out The move from the financial watchdog arrived after a supposed request from the intelligence unit that the local branch of these exchanges need to be sc...
South Korea to Investigate KuCoin Alongside 15 Crypto Exchanges for Unreported Operations
The South Korean Financial Services Commission (FSC) has put some cryptocurrency exchanges up for investigation under the claim that the concerned exchange companies are operating unlawfully in the co...
Ontario crypto exchanges impose $30K CAD annual limit on altcoin buys
Canada-based crypto exchanges Bitbuy and Newton are enforcing a 30,000 Canadian dollars annual “buy limit” for “restricted coins” for their users based in Ontario in order to “protect consumers” amid ...
Ontario Exchanges Impose CA$30,000 Annual Buy Limit on Altcoins
Canadian cryptocurrency platforms Newton and Bitbuy are enforcing an annual buy limit of CA$30,000 on most altcoins for users in Ontario. According to Toronto-based Newton, the limit will apply to wha...
Ontario crypto exchanges impose $30K CAD annual limit –
The new buy limits are intended to better protect crypto investors They aim to make investors more aware of the risks associated with crypto assets The limit resets every 12 months from the first purc...
Traders Withdrawing Ethereum From Crypto Exchanges
Is ‘The Merge’ Still Far Away? The delayed difficulty bomb and the knowledge that The Merge will be postponed at least until September were both covered by News on July 9, 2022. The update...