Crypto Exchange

Russian bill to recognize crypto as property moves ahead in the Parliament.

Russia’s Parliament has advanced the bill that proposes to recognize cryptocurrencies as property. The proposed law will provide legal protection for cryptocurrencies, but income from their activities will also be subject to taxation. Russia’s State Duma, the lower house...

Dubai-based license bureau now accepts digital currency payments.

KIKLABB, a Dubai-based license bureau, will allow citizens to pay for their visa and trade license fees in digital currencies. KIKLABB has noted a rising interest in citizens interested in making payments via digital currencies, stated CEO Tasawar Ulhaq....

Crypto exchange Coinbase is valued at just over $100 billion before its public listing.

The US-based Crypto exchange Coinbase is valued at just over $100 billion before its public listing. According to data from Nasdaq Private Market shows a secondary market this week for Coinbase equity saw a clear average price of $373...

North Korean hackers indicted in US over stolen $1.3 billion in crypto.

The U.S. Department of Justice has unsealed an indictment charging three North Korean men with cyberattacks that led to the loss of $1.3 billion in cash and digital currencies. The DoJ identified the three suspects as part of a...

Binance token BNB has become the third-largest crypto by market cap.

BNB, the native token of crypto exchange giant Binance, has become the third-largest crypto by market capitalization for the first time as its price rally continues. Data from CoinGecko and Binance-owned CoinMarketCap show that BNB's market capitalization has surpassed...

New crypto regulations in Hong Kong could result in increased crime, crypto exchanges warn.

According to the South China Morning Post report, cryptocurrency exchanges are on tenterhooks as they await the outcome of a proposal by Hong Kong’s government to ban retail investors from trading in the city, at a time when cryptocurrencies...

German Deutsche Bank is planning to offer crypto custody services.

German banking giant Deutsche Bank announced that it projects that the cryptocurrency sector will surge to $24 trillion in the near future, making custody solutions a critical service. It is already developing the platform, which it intends to launch...

JPMorgan COO says the bank would get involved in bitcoin if demand arises.

Daniel Pinto, co-president and COO of multinational investment bank JP Morgan, confirmed to CNBC that if Bitcoin and other cryptocurrencies become widespread, the bank will have no choice but to get involved with them. "If cryptocurrencies become a broadly-used asset class,...

Elon Musk continues to tweet about Dogecoin but disapproves of the Freewallet app.

Tesla CEO Elon Musk is known for tweeting about cryptocurrencies, especially Dogecoin, a cryptocurrency invented based on an internet meme. Recently, Elon Musk tweeted, "Who let the Doge out," referring to the rise in the price of Dogecoin. Crypto...

South Korean group Hanwha takes a minority stake in crypto exchange Upbit’s parent company.

South Korean group Hanwha has purchased a 6.15% stake in Dunamu, the parent company of Upbit, in a move that sees the group become part-owners of Korea's largest digital currency exchange. In a deal reported to be worth $52...

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The Reserve Bank of India is concerned over cryptocurrencies’ impact on financial stability.

The Reserve Bank of India is concerned that cryptocurrencies may impact the financial stability of Asia's third-largest economy, a...