Major Portuguese banks have started closing or refusing to open accounts for cryptocurrency platforms such as exchanges, according to media reports. The move threatens to tarnish the country’s image a...
Tag: Exchanges
Crypto Winter Gets Chilly for Portuguese Exchanges as Local Banks Close Accounts
Three crypto companies in Portugal have been left stunned at the decision of key banks to close their accounts. According to CriptoLoja CEO Pedro Borges, four banks, including Banco Comercial Portuguê...
The SEC Is Investigating All Crypto Exchanges In The US Including Binance: Report
– Advertisement – The SEC has every crypto exchange on its naughty list. Forbes reported today that the US Securities and Exchange Commission (SEC) is currently investigating all crypto ...
Portuguese Banks Close Accounts of Crypto Exchanges, Media Reveals – Finance Bitcoin News
Major Portuguese banks have started closing or refusing to open accounts for cryptocurrency platforms such as exchanges, according to media reports. The move threatens to tarnish the country’s image a...
Coinbase stock pops after BlackRock announcement, temporarily halts due to volatility
Coinbase shares briefly hurtled past $100 on Thursday morning following an announcement that the firm will partner with BlackRock to offer institutional clients access to crypto. Shares in the compan...
Portuguese banks shut accounts of crypto exchanges
Banks in Portugal are closing the accounts of crypto exchanges in what seems to be a u-turn in the country’s pro-crypto policies, Bloomberg News reported on August 3. One of the biggest exchanges in t...
Banks in Portugal are Closing Accounts of Cryptocurrency Exchanges – Coinpedia – Fintech & Cryptocurreny News Media
In Portugal, a crypto-friendly country, some of the top banks have closed accounts of cryptocurrency exchanges operating within the country. Last week, the account of a Lisbon-based crypto trading pl...
Portuguese Crypto Exchanges Hit with Bank Account Closures
Crypto users in Portugal face new uncertainty after some major banks close down accounts involved with cryptocurrency trading. This is a huge blow considering that Portugal is one of Europe’s most cry...
Portugese Banks Close Accounts of Crypto Exchanges, A U-Turn for the Crypto-Friendly Nation?
In what seems like a u-turn for the crypto-friendly nation, some of the top banks in Portugal are closing accounts of cryptocurrency exchanges operating in the country. Last week, Portugal’s biggest l...
Ripple Moves 100M XRP, In Total 224M XRP Moved Around Exchanges and Unknown Wallets in 24 Hours
– Advertisement – Another set of XRP whale transactions has been recorded over the last 24 hours. Large movements of Ripple (XRP) between exchanges and unknown wallets have recently been...
172 Million XRP Transferred Between Exchanges And Unknown Wallets, As Ripple Locks 700 Million XRP in Escrow
– Advertisement – Following Ripple’s monthly token unlock initiative, there has been a large movement of XRP in the last 24 hours. According to data shared by popular cryptocurrency whale...
How to Earn Passive Crypto on CeDefi Exchanges
Trending now in the Crypto space is an easy way out of the bearish market with profits in hand. Some cryptocurrency enthusiasts and veterans have turned to other means of earning crypto, while they wa...
Cboe reports $460 million write-down on ErisX acquisition
During its second-quarter earnings call on Friday, exchange operator Cboe reported a $460 million write-down on its recent purchase of ErisX, a crypto asset exchange acquired by the firm in May to hel...
FTX gets green light to operate fully in Dubai
Crypto exchange FTX has received the green light to operate an exchange and clearing house services in Dubai, United Arab Emirates, the firm announced today. FTX Exchange FZE, a subsidiary of FTX Euro...
CoinFLEX says it has laid off staffers to cut costs by 50-60%
Crypto exchange CoinFLEX has let go of a “significant” portion of its team in an attempt to cut operating costs as it seeks a full recovery since halting withdrawals last month. The firm ...
Bitcoin Balance on Exchanges Experiences Macro Decline as Price Eyes a Weekly Close Above the 200-Week MA
Bitcoin (BTC) continues to exit crypto exchanges since it’s recording a macro decline. Market insight provider Glassnode explained: “Bitcoin balance on exchanges continues its macro decline, rea...
Binance to Sell NFT Tickets for Major Italian Soccer Club Lazio – Exchanges Bitcoin News
Crypto exchange Binance will be offering NFT tickets for the games of one of Italy’s leading soccer teams, Lazio, during the upcoming season in the Italian Serie A championship. Supporters of Lazio wi...
Crypto Exchanges are Liable to Register With Wall Street Regulator, Says SEC Chair Gary Gensler
The US Securities and Exchange Commission (SEC) Chair Gary Gensler took a dig at the unregulated crypto industry. He reiterated his argument about crypto exchange platforms being liable to register wi...
SEC Chair Gensler Says the Agency is Looking to Regulate Crypto Exchanges to Ensure Consumer Protection ⋆ ZyCrypto
Advertisement     The crypto community has been calling for establishing a workable regulation that will guide the industry in the United States and subsequently prote...
SEC: crypto exchanges regulated as securities exchanges
The issue continues to be on the table that some cryptocurrencies would not be commodities, but securities, and that therefore, they would have to register with agencies such as the SEC in order to be...
Zipmex files for protection against creditors in Singapore
Troubled South Asian crypto exchange Zipmex has filed for protection against creditors in Singapore as it faces a liquidity crunch. Announcing the news on Wednesday, Zipmex said its solicitors Morgan ...
Wall Street analysts sour on Coinbase stock
The outlook for crypto exchange Coinbase’s shares has never been worse among the investment banking researchers who cover the stock on Wall Street, according to data compiled by The Block Resear...
SEC’s Gensler Says “No Difference” Between Crypto and Securities Exchanges
Key Takeaways SEC Chair Gary Gensler believes that crypto exchanges should be registered and regulated like securities exchanges. Gensler criticized crypto exchanges for providing custodial services a...
Cathie Wood’s Ark Invest Sells 174,611 Coinbase Shares Amid 85% Wipeout in the Crypto Exchange’s Stock Price
Veteran hedge fund manager Cathie Wood’s ARK Invest is cutting its stake in the shares of Coinbase crypto exchange. An update on a website tracking the holdings of ARKW, ARK Invest’s innovation-focuse...
Over 356 Million Ripple (XRP) Transferred Between Two Exchanges And Unknown Wallets
– Advertisement – Hundreds of millions of XRP coins have been transacted between two popular exchanges and unknown wallets. Over three hundred million units of Ripple (XRP) coins have flo...
Stablecoin supply on exchanges reaches all-time high
Cryptocurrencies pegged to the U.S. dollar have grown exponentially in the past several years. Stablecoins, as their name implies, offer much-needed stability to traders who use them to store value, d...
Crypto Custodian Komainu Follows Exchanges to Dubai
Komainu seeks to launch institutional-focused yield product and other services in Dubai The company is aiming for at least 10 employees in the emirate by the end of the year Crypto custodian Komainu h...
EU-Wide Regulation Prompts Crypto Exchanges to Set up Shop
In anticipation of EU-wide regulation coordinating the union’s approach to digital assets, cryptocurrency exchanges have been scrambling to set up shop. Over the past week, both Crypto.com and Coinba...
165 Million XRP Again Transferred Around Several Exchanges and Unknown Wallets in Matter of Minutes
Gamza Khanzadaev Unusual XRP transactions keep happening around Bitstamp, Bitso and unknown wallets Crypto whale tracker WhaleAlert once again signaled the appearance of millions of XRP transactions. ...