Crypto Exchange

Crypto exchange Gemini receives an electronic money license from the U.K. financial regulator.

According to the Bloomberg report, cryptocurrency exchange Gemini Trust Company LLC is expanding into the U.K. after being granted an electronic money license from the Financial Conduct Authority. The New York-based firm was founded by famous twins, Tyler and...

The People’s Bank of China blacklists local bitcoin OTC merchants.

According to local news outlet WuBlockchain, the People's Bank of China (PBoC), the nation's central bank, is flagging accounts related to large cryptocurrency traders in its latest crackdown. The move is part of a broader crackdown on money laundering in...

Africa reports the least illegal activities involving cryptocurrency.

According to a new report, illegal activity only makes up 1.4% of all digital currency activity in Africa. The report by blockchain analytics firm Chainalysis revealed that Latin America is the leading region for digital currency scams, with East...

The Bermuda Stock Exchange approves Bitcoin ETF.

The Bermuda Stock Exchange (BSX) announced last week that it had approved the Hashdex Nasdaq Crypto Index ETF on its trading platform. This Bitcoin ETF is a joint venture with Hashdex, a Brazil-based fund manager, and the American stock...

US Binance CEO says companies not adopting crypto are “ignorant.”

In an interview with Joe Weisenthal and Tracy Alloway on Bloomberg's Odd Lots podcast, US Binance CEO Catherine Coley said crypto had the ability to offer "uses beyond speculation" wherein investors could engage in e-commerce transactions, drive new businesses,...

U.S. authority charges 2 Russians for allegedly stealing $17 million worth crypto.

The U.S. Treasury Department has unveiled sanctions against two Russian nationals whom it alleges stole close to $17 million in cryptocurrencies in a sophisticated phishing campaign. In a separate indictment, the Department of Justice charged the two with aggravated...

Crypto exchange BitFlyer Europe integrates with the payment giant PayPal.

Crypto exchange bitFlyer Europe has announced an integration with the payment giant PayPal. The move means bitFlyer users can now deposit euros using their PayPal accounts to buy cryptocurrencies. Jacek Bastin, business strategy manager at bitFlyer Europe, told the...

Bank of International Settlements is hiring a blockchain engineer to work on digital currencies.

The Bank for International Settlements recently posted an advert for a blockchain expert, suggesting they are preparing to accelerate their research and development on central bank digital currencies (CBDCs). The job ad is searching for applicants with an intimate understanding of...

Kraken becomes the first crypto company to become a bank in the USA – a report by Saumil Kohli.

The Wyoming Banking Board voted to approve the San Francisco-based crypto exchange's application for a special purpose depository institution (SPDI) charter earlier this week. Kraken is now the first SPDI bank in Wyoming, USA. According to the Wyoming Division...

OKEx CEO Jay Hao calls out Binance for promoting questionable DeFi products – a report by Saumil Kohli.

The CEO of OKEx, Jay Hao, called out Binance and its CEO Changpeng Zhao for their recent support of certain DeFi projects. He also claimed that Binance Smart Chain, or BSC, is highly centralized, noting that only a single team controls...

Latest News

US Banks can now hold reserves in stablecoins.

The U.S. regulators have given banks and financial institutions the authorization to hold reserves in stablecoins, opening up new...