Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Tag: Exchange
Crypto Exchange Binance Blocked by Philippines Securities Watchdog
The regulator filed a formal request with the national telecommunications agency on March 12 to help in “blocking the website and other web pages used by Binance, which was found to have offered an investment and trading platform without the necessary license.” Source
Crypto Exchange CommEX, Owner of Binance’s Former Russian Ops, to Close Down
Crypto exchange Binance sold the entirety of its Russian business to CommEX in September last year following compliance concerns. The exchange officially launched the day before the news was announced. At the time, Binance said there would be no ongoing revenue split from the sale, and its founder, Changpeng Zhao, denied that he owned the exchange. Source
Crypto Exchange Okx Shuts Down Services in India Due to Regulations — Advises Users to Withdraw All Funds
Cryptocurrency exchange Okx has notified its users in India that the platform is shutting down services in the country “due to local regulations.” The exchange has advised users in India to “withdraw all funds” from their accounts by the end of April. The Indian government has not regulated crypto and the country’s finance minister recently […] Source
OKX Crypto Exchange to Cease Operations in India
Cryptocurrency exchange OKX has informed its clients that it will no longer offer services in India. Customers are required to close their positions by the end of April, after which they can only withdraw their funds. The exchange cited regulatory considerations in the country as the reason for this decision. In a notice, OKX informed its Indian clients that they must close all margin positions, as well as positions in perpetual, futures, and options, and withdraw all funds by April 30. The notice stated that after this date, accounts will…
Crypto Exchange OKX Says Its Ending Services in India in Response to Regulation
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Crypto Exchange Backpack Appoints Stripe, Banking Veteran as CFO
Backpack was founded by Armani Ferrante and Trian Yver, alums of defunct trading companies Alameda Research and bankrupt crypto exchange FTX respectively. Source
Global Leading Crypto Exchange BingX Makes Move Into Latin American Fiat-to-Crypto Payments
VILNIUS, Lithuania, March 19, 2024 /PRNewswire/ — In a significant step towards its growth in Latin America, BingX is thrilled to announce its expansion into Brazil. Effective immediately, users in Brazil can access cryptocurrencies using Brazilian Reals (BRL) through transfers facilitated by Pix, the real-time retail payment system introduced by the Brazilian Central Bank. This strategic move is part of BingX’s ambitious plan to broaden its reach across Latin America, demonstrating BingX’s commitment to providing accessible financial diversity for users within the region. By enabling deposits and withdrawals in BRL,…
Solama to Get Listed on HTX Crypto Exchange
PRESS RELEASE. Solama, a new meme coin developed on the Solana network, will soon get listed on one more centralized crypto exchange: HTX (formerly known as Huobi Global). The announcement was made on March 18, 2024, on Solama’s official X (Twitter) account. Growth Has No Boundaries Solama, one of the most promising Solana-based meme coins […] Source
Crypto Exchange Kraken Unveils Qualified Custody for Institutions in Crypto-Friendly Wyoming
Looking ahead, “Kraken’s engineering team has built out a smart order routing tool that provides access to highly liquid order books across multiple venues, aiming for the highest execution quality and price. This will offered by Kraken Institutional later this year,” he said. Source