South Korea’s Financial Services Commission (FSC) reported 16 foreign crypto exchanges to investigative agencies for violating the Specific Financial Information Act, news1 reported on August 18. Acco...
Tag: Exchanges
South Korea Threatens 16 Unregistered Crypto Exchanges With Fines, Imprisonment
Key Takeaways Korea’s Financial Intelligence Unit announced Thursday that it had found 16 foreign-based cryptocurrency exchanges operating illegally in the country. The agency reported the unreg...
These Exchanges Can Enjoy Huge Benefits With Ethereum Merge Event
The long-awaited ethereum ethereum Blockchain NetworkTechnology Followers : 0 View profile merge is finally happening next month around the 15th of September, and the blockchain.com blockchain.com Cry...
South Korean Regulator Flags 16 Overseas Crypto Exchanges for Lack of Domestic Licenses (Report)
South Korea’s financial sector regulator Financial Services Commission (FSC), is planning to stop domestic access to foreign crypto exchanges that are not registered in the country. These trading plat...
Over 844 Million XRP Shuffled Among Ripple, Famous Exchanges, and Unknown Wallets in 24 Hours
Ripple XRP The amount of large Ripple (XRP) transactions has continued to skyrocket in recent times. According to Whale Alert, a total of 844.05 million XRP coins, worth $315.67 million, have been ...
JP Morgan Predicts Huge Return For These Exchanges
Even as the cryptocurrency market anticipates Ethereum Merge, many stakeholders are looking to maximize its outcomes. As per Wall Street bank JP Morgan, crypto exchanges could also benefit well from t...
DAO Popularity Fueled by Desire to Trade on Decentralized Exchanges
In decentralized finance, cryptocurrencies are a tool for building a more accessible and equitable digital economy. As the DeFi space continues to grow and new blockchain projects are created, using D...
Nasdaq-Listed Eqonex Closing Crypto Exchange Due to High Competition, Fallen Volumes – Exchanges Bitcoin News
The Nasdaq-listed firm Eqonex is closing its cryptocurrency exchange business. The company cited high competition among crypto trading platforms and fallen volumes as key reasons for shutting down its...
Binance Obtains In-principle Approval to Operate With Cryptocurrencies in Kazakhstan – Exchanges Bitcoin News
Crypto exchange Binance has been granted preliminary approval to offer trading and custody services for digital assets in Kazakhstan. The exchange is yet to complete the full application process but t...
Here Is How XRP Took up 60% of Total Volume on One of Largest Latin American Crypto Exchanges
Gamza Khanzadaev Secret of XRP performing exorbitant trading volume numbers on LatAm major crypto exchange According to a recent report from analytical agency Kaiko, XRP takes up more than 60% of the ...
India investigates a series of crypto exchanges
India: investigation begins into crypto exchanges A few days ago, India’s finance minister, Nirmala Sitharaman, wanted to warn investors about cryptocurrencies. #Breaking | Sources: Finance Minister ...
Nearly 300 Million Ripple (XRP) Transferred Between Exchanges and Unknown Wallets
– Advertisement – More XRP coins flowed between exchanges and unknown wallets. It has become a routine to see large amounts of Ripple (XRP) movements transferred from unknown wallets to cr...
Binance receives in-principle approval to operate in Kazakhstan
Crypto exchange giant Binance has received an in-principle approval from regulatory bodies in Kazakhstan to operate crypto services. According to a release on Monday, the Astana Financial Services Au...
Zipmex gets over three-month moratorium extension to resolve its liquidity crisis
Troubled South Asian crypto exchange Zipmex, which abruptly halted client withdrawals last month and sought protection from creditors, has received just over three months to sort out its liquidity iss...
Brazilian Crypto Investment Platform Bluebenx Stops Withdrawals Under Hack Allegations – Exchanges Bitcoin News
Bluebenx, a Brazil-based cryptocurrency investment platform, suspended withdrawals last week due to an alleged hack that made the company lose more than $31 million. The company announced that the wit...
Binance holds the most amount of Bitcoin on exchanges after roles have reversed with Coinbase
Exchange balance refers to the amount of Bitcoin sitting on exchanges, and it was following a downtrend since January 2022 for both Coinbase and Binance when suddenly Binance’s exchange balance took a...
Trading Volume on Exchanges Plunges in July, Wu Blockchain Report Shows
Trading volume for crypto exchanges dropped in July as less number of people used exchange platforms in the month. According to Wu Blockchain report, spot trading volume declined by 1.7% month over mo...
Coinbase shares shrug off S&P downgrade
Coinbase shares were 5% higher on Friday as investors appeared to largely shrug off yesterday’s S&P downgrade. The rating agency’s move cited the company’s disappointing earning...
Uzbekistan halts access to foreign crypto exchanges for non-compliance
Uzbekistan is cracking down on exchanges failing to comply with the local regulatory framework. On Wednesday, the Uzbekistan government announced that it would restrict access to some of the leading f...
Uzbekistan blocks access to foreign crypto exchanges over unregistered trading
The government of Uzbekistan, which has previously made significant steps toward a moderate approach to crypto, announced Wednesday that it has restricted access to a number of large international cry...
Ethereum (ETH) Leaving Exchanges at Rapid Rate This Week, While Bitcoin Moving in the Opposition Direction
On August 12, Lucas Outumuro, head of research at analytics firm ‘IntoTheBlock’ published weekly observations about the market. Lucas covered the last step of preparing Ethereum for the merge, its im...
India investigates ten crypto exchanges over money laundering claims
The Enforcement Directorate in India has launched an investigation against ten cryptocurrency exchanges. The directorate said these exchanges had helped launder over one billion rupees worth of crypto...
The ‘writing is on the wall’ for ‘Chimerica’ on U.S. stock exchanges as $318 billion of Chinese equity flees Wall Street
For months, federal regulators have increased pressure on Beijing and Chinese companies that trade on U.S. stock exchanges to comply with American listing rules. But on Friday, five of China’s biggest...
Whales With 1k-10k BTC Depositing To Exchanges
On-chain data shows Bitcoin exchange inflows from whales holding between 1k to 10k BTC have spiked up recently, a sign that can be bearish for the price of the crypto. Bitcoin Exchange Inflows Spike U...
Uzbekistan Cracks Down on Unlicensed Crypto Exchanges
Exchange News Just one cryptocurrency exchange in Uzbekistan has been granted a license so far. Uzbek residents are urged by the NAPP not to utilize illegal exchanges. According to data collected by t...
Uzbekistan Blocks Foreign Crypto Exchanges Including Binance and FTX
Uzbekistan has restricted access to several foreign crypto exchanges, including Binance and FTX. The country wants crypto companies to obtain a license before operating. Uzbekistan has restricted acce...