Crypto Exchange

Huobi acquires Nevada Trust License as it plans to return to the U.S.

Huobi Group, the company behind major global crypto exchange Huobi, is planning to return to the United States with a new license secured from local regulators. After ceasing operations in the U.S. later last year, Huobi seems to be...

Coinbase seeks to extend the deadline to newly proposed FinCEN crypto rules.

One of the largest cryptocurrency exchanges in the US, Coinbase, is advocating extension for the industry's feedback deadline to newly proposed crypto rules by the Treasury's Financial Crimes Enforcement Network, or FinCEN. Coinbase's chief legal officer Paul Grewal addressed...

Indian crypto exchange CoinDCX raises $13.9 million in Series B funding led by Block.one.

Indian cryptocurrency exchange CoinDCX raised $13.9 million in Series B funding. The round was led by Block.one, with participation from Temasek, Coinbase Ventures, Jump Capital, Uncorrelated Ventures, Polychain Capital, Mehta Ventures, and Alex Pack. Pack is a former managing...

U.S. Treasury proposes new KYC regulations for crypto users to combat illegal activities.

U.S. Financial Crimes Enforcement Network presented new KYC requirements for cryptocurrency users in the country to combat the potential involvement of crypto in illegal activities. The crypto exchanges are required to verify the identity of the wallet owner if...

Crypto exchange giant Coinbase reportedly picks Goldman Sachs for its IPO.

The crypto exchange giant Coinbase has reportedly approached Goldman Sachs to lead its upcoming initial public offering — a move that could bolster the appeal of cryptocurrencies to a broader mainstream audience. Citing two sources familiar with the matter,...

Hong Kong’s Securities and Futures Commission grants the first license to crypto exchange.

Hong Kong now has its first licensed crypto trading platform. The Securities and Futures Commission has just given out the first-ever crypto license to OSL Digital Securities, which will soon commence trading for several cryptocurrencies, including bitcoin. According to...

Crypto exchange giant Coinbase hints at going public as bitcoin price surges.

The U.S. crypto exchange giant Coinbase recently submitted a draft registration with the Securities Exchange Commission confirming rumored plans to go public with an IPO that analysts estimate could be worth as much as $28 billion. Coinbase announced that...

India is reportedly planning to tax cryptocurrency earnings.

According to a local report, the country's tax authority has been monitoring the crypto industry and is seeking to impose as much as 30% tax on digital currency earnings. Cryptocurrency trading in India has surged since the Supreme Court...

US financial giant American Express enters the cryptocurrency market.

The US financial giant American Express entered the cryptocurrency market with the latest investment in an institutional crypto trading platform, FalconX. The American Express Ventures did not disclose the actual size of the investment. According to the official press release...

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Japanese police charged 30 people for their alleged involvement in illegal transactions linked to Coincheck hack.

Japanese police charged 30 people for their alleged involvement in illegal transactions linked to the $530 million Coincheck hack...