Hybrid crypto exchange GRVT receives $3.3B monthly volume commitment

The significant contractual volume commitment from the 16 market makers comes shortly ahead of GRVTs mainnet launch in the fourth quarter of 2024.

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Nigeria SEC Targets Unregulated Crypto Exchanges, Prioritizes Investor Safety

Nigri’s Scuritis nd Exchng Commission (SEC) is intnsifying its efforts to rgult th cryptocurrncy mrkt. Dirctor-Gnrl Emomotimi Agm nnouncd strict ctions ginst individuls nd compnis running crypto xchngs without following SEC guidlins. This nnouncmnt follows th rcnt pprovl-in-principl of two complint xchngs, Quidx nd Bush. Dr. Agm ritrtd th SEC’s ddiction to invstor protction, spcilly […]

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Kazakhstan mulls Binance, Bybit for digital asset trading 

The crypto exchanges have received the consent of the AFSA regulator to be the first fully licensed Digital Asset Trading Facilities in Kazakhstan.

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Binance subsidiary Tokocrypto secures full license in Indonesia

Binance described Tokocrypto as its subsidiary, suggesting that it may have a controlling stake in the Indonesian trading platform. 

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India reconsiders foreign crypto exchange registrations: Report

Indias Financial Intelligence Unit is studying registration requests from four overseas crypto exchanges that were earlier banned for noncompliance with the countrys AML laws.

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Former Mt. Gox CEO Mark Karpeles to launch EllipX crypto exchange

Mark Karpeles to launch EllipX crypto exchange in Europe. EllipX will comply with EU MiCA regulations, offering a crypto-only platform at launch. Former Mt. Gox users will get a 50% trading fee discount tied to NFTs as a goodwill gesture. Mark Karpeles, the former CEO of the infamous Mt. Gox exchange, is set to launch […]

The post Former Mt. Gox CEO Mark Karpeles to launch EllipX crypto exchange appeared first on CoinJournal.

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Bitcoin exchange flow multiple nears yearly low, signs of upward trend

The Bitcoin exchange flow multiple value is now at a similar low point as when BTCs price rallied around 46% in 2023.

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Bitfinex Among First to List EIGEN, Native Token of EigenLayer

Bitfinex will list EIGEN, the native token of EigenLayer, enhancing blockchain security and innovation. (Read More)

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Filipino Crypto Community Reacts to Proposed Taxing of Foreign Exchanges

The Filipino crypto community opposes taxing foreign and unlicensed exchanges, questioning the rationale behind taxation without regulatory support.

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Canada crypto exchanges get more time for stablecoin compliance

Crypto platforms in Canada are having trouble preparing for new stablecoin regulations. Take your time, the Canadian Securities Administrators said.

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US sanctions Russian crypto platforms for money laundering ties

Two crypto exchanges and two individuals have been sanctioned for ties to underground finance.

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Crypto Safety 101: Navigating The Exchange Maze

In the Wild West of cryptocurrency, choosing a secure exchange is crucial for protecting your digital assets. This guide will…

The post Crypto Safety 101: Navigating The Exchange Maze first appeared on The Crypto Basic.

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South Korean foundation to recover funds from defunct crypto exchanges

The Digital Asset User Protection Foundation will be set up by the DAXA self-regulatory organization and receive support from financial authorities.

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Upbit to store user data on AWS: What users should know

Upbits privacy policy update involves transferring user data to AWS servers in the US for improved service reliability and compliance with local regulations.

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Kraken acquires Dutch broker BCM as part of European expansion

The acquisition of the Dutch broker firm is a key part of the exchanges European expansion strategy ahead of the MiCA regulation.

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Australia to require crypto firms to hold financial services licenses

Licensing requirements for crypto exchanges in Australia will be extended beyond those related to digital currency exchanges.

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International Crypto Exchange BingX Hacked, But Assures Compensation

BingX has announced a compensation plan for affected users.

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African economies show high potential for digital asset adoption

South Africa emerges as a leading digital asset hub, driving growth in crypto with proactive regulations and expanding platforms like VALR.

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Crypto.com gains payment service license from Bahrain central bank

Singapore-based cryptocurrency Crypto.com is reinforcing its regional presence with a Bahraini license following its approval in Dubai.

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Gary Genslers Crypto Warning: 90 Years of Rules Apply

Gary Gensler, Chairman of the U.S. Securities and Exchange Commission (SEC), issued a stern warning to crypto exchanges. He emphasized that they must follow the rules set in place. His comments came during an interview with CNBC on Wednesday, where Gensler made clear that protecting the public from bad actors remains a top priority. This […]

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