Category: Exchanges

Binance Partners With BBVA to Secure Customer Funds Off-Exchange

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Binance has partnered with BBVA, one of Spain’s biggest banks, to act as an independent custodian for customer funds, according to a Friday report in the Financial Times citing two people familiar with the arrangement. The move reportedly aims to restore confidence in centralized crypto investing following scandals such as the FTX collapse and Binance’s own regulatory troubles. The FT report said Binance users can now custody assets with BBVA, offering enhanced security through bank-backed collateral. Binance has also partnered with Switzerland’s Sygnum and FlowBank to serve as independent custodians.…

World Liberty Financial Launches USD1 Points Program—Exchanges Ready to Accelerate Adoption

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World Liberty Financial is unleashing a sweeping multi-exchange rewards push tied to USD1, setting the stage for crypto’s boldest loyalty rollout and sparking fierce competition across platforms. WLFI Ignites Multi-Exchange USD1 Rewards—Could This Trigger a Loyalty Arms Race? World Liberty Financial (WLFI) announced on social media platform X on Aug. 7 that it is preparing […] Source

Philippines blocks big crypto exchanges, Coinbase scammer’s stash: Asia Express

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The Philippines’ internet firms block top crypto exchanges Members of the crypto community in the Philippines say local internet service providers have begun blocking access to several unlicensed cryptocurrency exchanges. The move follows a warning issued Monday by the Securities and Exchange Commission (SEC), which flagged 10 exchanges, including OKX, Bybit, and Bitget, for operating without a license. Several users report they can no longer access these exchanges’ websites, though mobile apps remain functional for now. However, previous enforcement history suggests that app access may also be restricted soon. Philippine…

Sheetz Launches 50% Discount for Daily Cryptocurrency Purchases

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The retail convenience store and gas station chain Sheetz is now accepting multiple cryptocurrencies at all its U.S. locations and is offering customers 50% off purchases when paying with digital assets during specific daily hours. Sheetz Adds Steep Discount Incentive for Crypto Spenders The convenience store chain Sheetz, operating over 750 stores in Pennsylvania, Ohio, […] Source

Melbourne Gang Funneled Bond Scam Millions Through Crypto Exchanges

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Four Melbourne men found themselves in handcuffs this week after Australian regulators accused them of washing money from a fake bond scam that fooled investors with professional-looking documents and promises of steady returns. Victorians Face Money Laundering Charges Over Fake Bond Scam The Australian Securities and Investments Commission (ASIC) charged Dimitrios (James) Podaridis, Peter Delis, Bassilios (Bill) Floropoulos, and Harry Tsalikidis with multiple money laundering offenses. The charges stem from their alleged role in moving victim funds through bank accounts and cryptocurrency exchanges during the first half of 2021. ASIC…

UK-Based Fiinu Discloses £12M Purchase of Foreign Exchange Brokerage Firm Everfex

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Fiinu has announced the proposed acquisition of foreign exchange brokerage Everfex P.S.A. in a transaction valued at up to £12 million. Under the terms of the agreement, Fiinu will issue 80 million new ordinary shares to Granicus Holdings O.Ü, the sole owner of Everfex, at a price of 10 pence per share, equating to an initial consideration of £8 million. An additional £4 million may be payable if Everfex meets certain performance targets after 1 January 2026. This further consideration would be settled via 20 million new Fiinu shares at…

SBI Holdings Proposes Bitcoin/XRP ETF for Tokyo Stock Exchange

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Japan’s SBI Holdings said it plans to launch a bitcoin/ XRP exchange-traded fund (ETF) on the Tokyo Stock Exchange, but the launch is contingent on the Financial Services Agency approving cryptocurrency-linked investment trusts and ETFs. FSA’s Regulatory Review The Japanese financial services group, SBI Holdings, recently revealed its plan to launch a bitcoin/ XRP exchange-traded […] Source

CFTC Approves Spot Crypto Trading on Registered Exchanges

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In a landmark development, the Commodity Futures Trading Commission (CFTC) announced on August 4, 2025, that it will permit spot crypto trading on exchanges registered under its jurisdiction. The decision, announced in coordination with the Securities and Exchange Commission (SEC) as part of the broader Project Crypto initiative, was first reported by Reuters. The following […] Source

XRP Ramps up in Korea as BDACS Taps Into Top Regulated Exchanges

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XRP strengthens its foothold in South Korea as BDACS enables institutional custody and compliant exchange access, accelerating adoption amid rising demand for regulated crypto infrastructure. XRP Lights up Korea’s Crypto Scene as BDACS Bridges Institutions and Regulations Ripple shared on social media platform X on Aug. 5 that digital asset custody firm BDACS has added […] Source

Coinbase Stock Accelerates Dip As Crypto Exchange Announces $2,000,000,000 Debt Offering

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The leading US-based crypto exchange by trading volume is experiencing a drop in stock value while it announces a $2 billion debt offering. Today, Coinbase Global (COIN) announced plans to offer $2 billion in convertible senior notes through a private placement to qualified institutional buyers. The offering, which is subject to market conditions, includes $1 billion in notes due by 2029 and another $1 billion due by 2032. Coinbase says it may also grant initial purchasers options to buy up to an additional $150 million of each series within 13…