Crypto Exchange

U.S. Treasury Secretary Janet Yellen to meet other financial regulators to discuss stablecoins.

U.S. Treasury Secretary Janet Yellen announced that she will meet with regulators today to discuss "interagency work" on stablecoins, a rapidly growing class of digital currencies that is facing growing scrutiny from lawmakers. The President's Working Group on Financial...

India’s ICICI bank denies its users to use its remittance service to purchase crypto.

One of India's largest private sector banks, ICICI Bank, has tweaked its remittance form to require clients to declare that they would not invest in cryptocurrencies or even use proceeds of cryptocurrency trading. ICICI Bank has been gradually shutting...

Binance now faces a regulatory warning in Lithuania for offering derivatives services.

Binance has received yet another regulator warning for its cryptocurrency exchange services, this time from the Central Bank of Lithuania. It has become one of the many financial regulators across countries to flag Binance's crypto services. Lithuanian regulator warned...

Derivatives-only cryptocurrency trading platform ByBit is entering the spot crypto market.

The derivatives-only cryptocurrency trading platform, ByBit, is entering the spot crypto market. The new spot exchange services would support BTCUSDT, ETHUSDT, XRPUSDT, and EOSUSDT trading pairs to begin with, with the biggest surprise being XRP. The expansion has occurred...

Crypto trading volumes declined significantly in June.

According to data from Cryptocompare, cryptocurrency trading volumes experienced a sharp decline in June. The data collected by the price and volume tracking organization shows that crypto trading, in general, experienced a slump of at least 40%. Spot volumes...

Binance suspends withdrawals for U.K. customers.

According to a report by the Financial News in London, cryptocurrency exchange giant Binance has halted Sterling withdrawals for customers residing in the United Kingdom. The crypto exchange has not provided any detail on why GBP withdrawals have been...

Brazilian Securities Regulator approves the first Ethereum ETF in Latin America.

On Tuesday, 13th July, the Brazilian Securities Regulator (CVM) approved the first-ever cryptocurrency exchange-traded fund (ETF) that tracks the performance of Ether digital currency in Latin America. The QR Asset Management announced the approval of this Ether ETF –...

Africrypt founders are on the run as investors turn to legal action.

Africrypt founders are facing mounting pressure to come forward to authorities as investigators delve into one of the biggest cryptocurrency thefts in the country. Africrypt investors have been left in the dark and out of pocket following what the...

VDollar Review: A multipurpose cryptocurrency contracts exchange

There are currently over 4,000 cryptocurrencies in existence, with new digital currencies being regularly introduced in the crypto market. But there are only some cryptocurrencies that are popular and used widely around the globe. With the growing trend of...

People’s Bank of China reveals digital yuan program has 10 million users.

People's Bank of China's deputy governor has said that its central bank digital currency (CBDC) trial now involves 10 million people. Its next major phase will include tests at the Beijing Winter Olympics in 2022. China has about 10...

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Bitcoin soars above $40,000 as the crypto market cap is back above $1.6 trillion.

The price of the leading cryptocurrency bitcoin has initiated another leg up, resulting in charting a new two-month high...