Crypto Exchange

Thailand’s SEC bans crypto exchanges from trading memes and fan-based tokens.

According to the BNN Bloomberg report, Thailand's Securities and Exchange Commission has banned cryptocurrency exchanges from trading meme- or fan-based tokens, non-fungible tokens, and exchange-issued tokens. According to a statement from the regulator, the regulation affecting tokens like Dogecoin...

PBoC official says digital yuan wallets are “inclusive.”

China's digital yuan wallets are designed to ensure everyone can use them and in different formats, according to Mu Changchun, director-general of the central bank's Digital Currency Research Institute. The e-yuan can be stored in various kinds of wallets,...

Russian Court bans websites describing how to exchange cryptocurrency for fiat cash.

The Kungur City Court in the Russian Perm Krai region upheld a request filed by the Beryozovsky District Prosecutor's Office to take down several websites describing various methods of cashing out bitcoin. The prosecutors who discovered the crypto platforms...

Crypto exchange Kraken tightens up KYC rules for U.S. margin trading users.

Cryptocurrency exchange Kraken announced that it would stop margin trading services for U.S. traders who fail to register with new KYC rules. The crypto exchange published a blog post stating that, from June 23, users who have only verified up until...

Bitcoin Cash and other cryptocurrencies can now be used to acquire bitcoin on Localbitcoins.

One of the biggest P2P cryptocurrency exchanges in the world, Localbitcoins, is now allowing its users to purchase Bitcoin with other cryptos, in a departure from its earlier Bitcoin-only approach. Last week, the company announced that they will now...

Crypto firms fail to comply with the new AML guidelines, FCA extends the deadline.

The chief financial regulatory body of the United Kingdom, FCA, revealed that the majority of the crypto companies operating in the country have failed to comply with the latest set of anti-money laundering regulations issued by the government. The...

U.S. President Joe Biden wants strict tax evasion regulations against global crypto investors.

Global cryptocurrency investors active in the U.S. market or on the U.S. crypto exchanges are going to have a tough time dealing with the regulators. In the latest development, the current U.S. administration has proposed to collect data of...

US SEC chief calls on Congress to regulate cryptocurrency exchanges.

The U.S. Securities and Exchange Commission is calling on Congress for assistance to regulate cryptocurrency exchanges. In a recent hearing, SEC chair Gary Gensler pointed out that crypto exchanges are growing increasingly important, but very few rules govern them....

Dogecoin jumps after receiving support from crypto exchange Coinbase pro.

The meme-based cryptocurrency Dogecoin jumped nearly 15% on Tuesday after Coinbase Pro announced support for DOGE. The US-based crypto exchange giant announced yesterday that the inbound transfers of Dogecoin are now available in the company's supported jurisdictions. According to...

OCC head says US regulatory agencies should establish a “regulatory perimeter” for crypto.

The Acting Comptroller of the Currency, Michael Hsu, has said that regulatory agencies in the United States should establish a "regulatory perimeter" for cryptocurrencies. During an interview with Financial Times, Hsu indicated that US regulators would take a more...

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Microstrategy plans to sell up to $1 billion of its shares to invest more in bitcoin.

Since Microstrategy’s $500 million sales in debt offerings, the publicly-traded software company has taken further steps to fuel its...