Crypto Exchange

Bithumb slapped with a massive bill by the National Tax Service.

According to the Koreaherald report, Bithumb has been slapped with nearly 70 million USD in income tax withheld from payouts to foreign customers. Bithumb has announced to appeal the decision. This the first time that the government has imposed...

Bitfinex updates KYC, verified users must provide residential proof.

One of the world's leading crypto exchange Bitfinex has announced to update its KYC policy in order to strengthen its security and better comply with regulators. Verified users will be required to provide proof of residential address.   Verified users need...

Huobi launches a fiat gateway to allow trading between Indonesian Rupiah and Tether.

Crypto exchange Huobi is launching a fiat gateway in Indonesia to facilitate fiat-to-crypto trading between the Indonesian Rupiah (IDR) and Tether. Earlier, Huobi exchange received an investment of $4.6 million from Tokai Tokyo financial holdings.   "The new fiat gateway is...

Mike Blandina will replace Kelly Loeffler as the new CEO of Bakkt

The subsidiary of Intercontinental Exchange, Bakkt, has appointed Mike Blandina as the new CEO of the company. Kelly Loeffler will leave the bitcoin futures exchange as she is all set to assume the position of the next Georgia Senator.   Adam...

Tokai Tokyo Financial Holdings to invest 500 million yen in Huobi exchange

Tokai Tokyo announced to invest 500 million yen worth $4.6 million in the Japanese branch of cryptocurrency exchange Huobi. The financial holdings firm aims to promote new businesses in the areas of crypto exchange, IEOs, and crypto management and...

Japan-based Rakuten now allows users to convert loyalty points to cryptocurrencies

Japan's equivalent to Amazon, Rakuten has announced that its users will now be able to convert Rakuten Super Points to cryptocurrencies. Rakuten is the largest e-commerce site in Japan and is among the world's largest by sales.   Rakuten aims to...

Binance adds trading pairs of XRP, ETH, and USDT against Turkish Lira.

In its latest move to capture the international market, Binance has added trading pairs for XRP, ETH, and USDT against Turkish national currency Lira. Binance is among the top crypto exchanges in the world based on trading volumes.   Binance continues...

American Cancer Society to accept bitcoin donations via BitPay

American Cancer Society announced to accept donations in bitcoins through BitPay. BitPay claims that it has processed over $50 million in donations since 2017 with partners such as the Tony Hawk Foundation and the American Red Cross.   BitPay had blocked...

Uzbekistan regulators ban citizens from buying cryptocurrencies.

Uzbekistan had legalized the crypto trading in the country last year when it introduced licensing for cryptocurrency exchanges. But the National Agency for Project Management recently amended the crypto regulations banning people from buying more digital assets.   Crypto holders are allowed...

Ripple CEO Brad Garlinghouse believes leading banks will offer, hold and trade crypto by next year.

Ripple's CEO believes that in the coming year, the world's leading banks will start to offer, hold, and trade cryptocurrencies. He said that half of the top 20 biggest banks in the world will actively hold and trade digital...

Latest News

OKEx partners with the Settle Network to allow crypto purchases in Latin America.

One of the leading global cryptocurrency exchanges, OKEx, is venturing into the Latin American crypto market by launching a...