Binance.US Stops Direct Dollar Withdrawals amid Regulatory Pressure
Binance.US has halted direct US dollar withdrawals from its platform. This change follows a series of regulatory actions by the US Securities and Exchange Commission...
Improving Liquidity: Coinbase Delists 80 Non-USD Pairs
In its latest drive to improve liquidity, California-based crypto exchange Coinbase (Nasdaq: COIN) removed 80 non-USD trading pairs yesterday (Monday). The removed trading pairs were...
BC Technology Considers Sale of Crypto Platform OSL
Hong Kong-based BC Technology Group Ltd. is considering the sale of its cryptocurrency platform, OSL, one of only two exchanges licensed under the city’s digital-asset...
Have Stablecoins Made Cross-Border Commerce Cheaper or Easier?
The rise of stablecoins has been nothing short of revolutionary. These digital currencies, which are frequently pegged to traditional assets such as the US dollar,...
Is Binance to Blame for the Collapse of FTX?
The current volatility in the bitcoin market has many investors and industry experts questioning the interconnection of big players. Among the most pressing concerns is...
SEC Broadens Its Gaze: Crypto Brokers and AI in Regulatory Spotlight
The United States Securities and Exchange Commission (SEC) has unveiled its 2024 examination priorities report. It has shaded light on the regulatory body’s areas of...
Tether Freezes $835 Million in Illicit Assets, Focuses on Israel and Ukraine
Tether, the world’s largest stablecoin company, is intensifying its efforts to curb the illegal use of cryptocurrencies for funding terrorism and other criminal activities. The...
Upbit’s Singapore Entity Gets In-Principal Approval for MPI License
Upbit, a South Korean cryptocurrency exchange, announced that its Singapore entity has received In-Principal Approval for a Major Payment Institution (MPI) license from the Monetary...
Polkadot Road To Recovery – Will $4 Mark The Turning Point?
Polkadot (DOT) has been grappling with a descending resistance trendline, experiencing a relentless decline since February. In the month of October, the digital asset suffered...
Mastercard Testing Tokenization of CBDCs – What You Need to Know
Mastercard, a multinational payment technology company, recently announced its entry into the world of Central Bank Digital Currencies (CBDCs). The company is now actively testing...