Crypto News

US Crypto exchange Coinbase releases its first transparency report.

Coinbase has just released its first-ever transparency report. The report provides insight into the number of requests for information that the exchange receives as well as how they handle what they call “legitimate requests” from the government. “As a...

Gas stations in Chinese tech hub Shenzen are accepting digital yuan.

According to the Economic Information Daily report, gas stations in Chinese tech hub Shenzen are now accepting the digital yuan, China’s upcoming Central Bank Digital Currency, days after citizens received over $1.5 million in the currency as part of...

Russian regulators ban crypto P2P platform Localbitcoins.

The Russian telecoms and mass media regulator, popularly known as Roskomnadzor, banned the peer-to-peer BTC trading platform LocalBitcoins once again. The Russian regulator has a history with LocalBitcoins, having first restricted access to the P2P platform four years ago....

Crypto exchange OKEx suspends all withdrawals indefinitely.

In an official statement published on Friday morning, crypto exchange OKEx detailed that it has suspended all withdrawals since 11 am (Hong Kong time) on October 16. The notice read, "one of our private key holders is currently cooperating...

Libra Association hires former HSBC executive Ian Jenkins as the Chief Financial Officer.

The Switzerland-based Libra Association has appointed former HSBC executive Ian Jenkins as the Chief Financial Officer and Chief Risk Officer of Libra Networks, the Association's subsidiary. Earlier, the San Francisco-based venture firm Blockchain Capital joined Libra Association to advise...

Russian soccer club Zenit St. Petersburg creates collectible blockchain cards for their players.

The top soccer club in Russian premier League, Zenit St. Petersburg, has signed on to the Ethereum blockchain-based fantasy soccer game Sorare platform. As of today, Zenit players will be released as collectible and tradeable digital cards as part...

Nigerian protesters seek bitcoin donations after regulators block bank accounts.

A Nigerian protest group called Feminist Coalition is seeking donations in bitcoin after authorities reportedly blocked the organization's bank account. The Feminist Coalition is one of the many groups spearheading protests against alleged police brutality by a Nigerian police...

G7 finance ministers are still skeptical about Libra’s launch.

Financial regulators of the world's seven biggest economies will continue to oppose the launch of Facebook's virtual currency Libra until proper regulations are in place, a new report has revealed. While recognizing that digital currencies could improve financial services...

SEC Commissioner says recent legal action taken against BitMEX sends a message to global exchanges.

United States Securities and Exchange Commissioner Hester Peirce, also known as "Crypto Mom," believes the recent action against BitMEX may be a wake-up call for crypto firms. In an interview with "Unchained Podcast" on Oct. 13, SEC commissioner told host Laura...

The UK FCA’s ban on crypto derivatives exchanges ignored 97% of respondents to its consultation.

As reported earlier, the United Kingdom's financial regulator Financial Conduct Authority banned crypto derivatives exchanges. But the financial regulator ignored 97% of respondents to its consultation, according to its own policy statement. The 527 respondents included exchanges and companies...

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The central bank of Philippines is not yet ready to launch a CBDC.

Philippine central bank governor Benjamin Diokno has announced that the institution's "exploratory" study of central bank digital currency suggests...
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