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Exchange

Russian Ruble Taps 7-Year High Against the US Dollar — Economist Says ‘Don’t Ignore the Exchange Rate’

21st June 2022 by admin

Recent news reports have detailed that Russia’s fiat currency, the ruble, was the best-performing currency worldwide and the articles explained that American economists were perplexed by the trend. On Monday, the Russian ruble rose to 55.47 per dollar, which was the highest increase since 2015. While many have dismissed the …

Filed Under: Bitcoin News Tagged With: 7Year, Against, Dollar, Don’t, Economist, Exchange, High, Ignore, Rate, Ruble, Russian, Says, Taps

Digital Asset Exchange Coinmena Secures Provisional License Allowing It to Operate in the UAE

20th June 2022 by admin

Coinmena, the Bahrain-headquartered and sharia-compliant digital asset exchange, announced recently that it had secured a provisional virtual assets license from Dubai’s Virtual Assets Regulatory Authority (VARA). The license allows Coinmena to not only expand its activities but to “further strengthen [its] banking relationships within the UAE.” Expanding Coinmena’s Activities in …

Filed Under: Bitcoin News Tagged With: Allowing, Asset, Coinmena, Digital, Exchange, License, Operate, Provisional, Secures

Argentinian Cryptocurrency Exchange Buenbit Launches Stablecoin Yield Instruments

14th June 2022 by admin

buenbit

Buenbit, one of the leading Argentinian cryptocurrency exchanges, announced the inclusion of two stablecoins in its current yield program. The company will allow its customers to earn yields of up to 11% annually on their USDC and USDT funds, with the earnings being deposited in customers’ accounts daily, targeting high inflation markets. Buenbit Announces …

Filed Under: Bitcoin News Tagged With: Argentinian, Buenbit, Cryptocurrency, Exchange, Instruments, Launches, Stablecoin, Yield

Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus

25th April 2022 by admin

Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus

Exmo, a U.K.-based crypto exchange with extensive presence in Eastern Europe, is pulling out of Russia, Belarus and Kazakhstan. The trading platform, Exmo.com, says it’s making the move to avoid jeopardizing its expansion in other regions by operating in high-risk markets like these. The business has been sold to a Russian vendor, alongside rights …

Filed Under: Bitcoin News Tagged With: Belarus, Business, Eastern, European, Exchange, Exmo, Leading, Russia, Sells

Derivatives Exchange Giant CME Group Adds 11 New Cryptocurrency Reference Rates

10th April 2022 by admin

Derivatives Exchange Giant CME Group Adds 11 New Cryptocurrency Reference Rates

Global markets company and Chicago-based derivatives exchange CME Group plans to launch 11 new reference rates tied to specific crypto assets. The reference rates and real-time indices bolstered by CF Benchmarks are typically leveraged by exchange-traded products and other investment vehicles. 11 Crypto Assets Get Reference Rate Treatment From CME Group and CF Benchmarks …

Filed Under: Bitcoin News Tagged With: Adds, Cryptocurrency, Derivatives, Exchange, Giant, Group, Rates, Reference

CPLAY Network (CPLAY) Is Now Available for Trading on LBank Exchange

15th March 2022 by admin

press release PRESS RELEASE. INTERNET CITY, DUBAI, Mar. 15, 2022 – LBank Exchange, a global digital asset trading platform, has listed CPLAY Network (CPLAY) on March 15, 2022. For all users of LBank Exchange, the CPLAY/USDT trading pair is now officially available for trading. While growing rapidly, crypto space is facing some strict restrictions …

Filed Under: Bitcoin News Tagged With: Available, CPLAY, Exchange, LBank, Network, Trading

South African Crypto Exchange Valr Raises $50 Million in Series B Funding Round

3rd March 2022 by admin

South African cryptocurrency exchange Valr announced recently that it has raised $ 50 million in a Series B round led by Pantera Capital. The capital raise means Valr is now valued at a reported $ 240 million. Funds Raised to Finance Valr’s Expansion Into Other Markets The South African cryptocurrency exchange, Valr, …

Filed Under: Bitcoin News Tagged With: African, Crypto, Exchange, Funding, Million, Raises, Round, Series, South, Valr

Binance Shutting Down Crypto Exchange Services in Singapore

14th December 2021 by admin

Binance Shutting Down Crypto Exchange Services in Singapore

Crypto exchange Binance is winding down its exchange operation in Singapore after the company decided to withdraw its application with the Monetary Authority of Singapore (MAS) to operate a digital asset exchange in the country. “Buying and selling of crypto from existing assets of users will be discontinued from 13 January 2022,” said Binance …

Filed Under: Bitcoin News Tagged With: Binance, Crypto, Down, Exchange, Services, Shutting, Singapore

Indian Crypto Bill: Exchange CEO Discusses What to Expect

6th December 2021 by admin

Indian Crypto Bill: Exchange CEO Discusses What to Expect

There are reports that the Indian government may impose restrictions on self-custodial cryptocurrency wallets and only allow Indian crypto exchanges. The CEO of a major cryptocurrency exchange in India has shared his thoughts on the possible restrictions. The Indian government has listed a cryptocurrency bill to be taken up in the current session of …

Filed Under: Bitcoin News Tagged With: Bill, Crypto, Discusses, Exchange, Expect, Indian

US Sentences Man to 3 Years in Prison for Operating Unlicensed Bitcoin Exchange Business

21st November 2021 by admin

US Sentences Man to 3 Years in Prison for Operating Unlicensed Bitcoin Exchange BusinessUS Sentences Man to 3 Years in Prison for Operating Unlicensed Bitcoin Exchange Business

A California man has been sentenced to three years in federal prison “for operating an unlicensed business that exchanged at least $ 13 million in bitcoin and cash, often for drug traffickers,” the U.S. Department of Justice said. He agreed to forfeit various assets, including seized cryptocurrency. Bitcoin Exchange Operator Sentenced to 3 …

Filed Under: Bitcoin News Tagged With: Bitcoin, Business, Exchange, Operating, Prison, Sentences, Unlicensed, Years

Cryptocurrency Derivatives Exchange Bitget to Sponsor Juventus as Its First-Ever Sleeve Partner

28th September 2021 by admin

Cryptocurrency Derivatives Exchange Bitget to Sponsor Juventus as Its First-Ever Sleeve Partner

sponsored Singapore-based cryptocurrency derivatives exchange Bitget announced a partnership with Juventus to become its sponsor. According to the agreement, Bitget will act as Juventus official partner and official cryptocurrency exchange partner, and also its first-ever sleeve partner. Established in 1897, Juventus is one of most time-honored and award-winning football clubs worldwide. It was the …

Filed Under: Bitcoin News Tagged With: Bitget, Cryptocurrency, Derivatives, Exchange, FirstEver, Juventus, Partner, Sleeve, Sponsor

US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial Inclusion

16th September 2021 by admin

US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial InclusionUS Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial Inclusion

At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates with cryptocurrency that could hurt small investors. Senator Elizabeth Warren Says ‘There’s a Whole List of Problems With …

Filed Under: Bitcoin News Tagged With: Address, Crypto, Exchange, Fees, Financial, High, Inclusion, Outages, Presses, Senator, Transaction, Warren

US SEC Threatens to Sue Crypto Exchange Coinbase, CEO Brian Armstrong Responds

8th September 2021 by admin

US SEC Threatens to Sue Crypto Exchange Coinbase, CEO Brian Armstrong RespondsUS SEC Threatens to Sue Crypto Exchange Coinbase, CEO Brian Armstrong Responds

The U.S. Securities and Exchange Commission (SEC) has threatened to sue the Nasdaq-listed cryptocurrency exchange Coinbase over its lending product. The exchange says, “We don’t know why … We got no explanation from the SEC.” Coinbase Threatened by SEC Coinbase revealed Tuesday that it received a Wells notice from the SEC last Wednesday about …

Filed Under: Bitcoin News Tagged With: Armstrong, Brian, Coinbase, Crypto, Exchange, Responds, Threatens

Crypto Exchange Binance Ceases Trading in Singapore Dollars to Comply With Regulations

6th September 2021 by admin

Crypto Exchange Binance Ceases Trading in Singapore Dollars to Comply With RegulationsCrypto Exchange Binance Ceases Trading in Singapore Dollars to Comply With Regulation

Cryptocurrency exchange Binance has announced that it will cease offering trading pairs and payment options in Singapore dollars to remain compliant with the country’s regulators. The announcement followed a notice issued by the Monetary Authority of Singapore (MAS) stating that Binance “may be in breach of the Payment Services Act.” Binance Complying With Singapore’s …

Filed Under: Bitcoin News Tagged With: Binance, Ceases, Comply, Crypto, Dollars, Exchange, Regulations, Singapore, Trading

Crypto Exchange Liquid Hacked, Loses Millions in Various Currencies

19th August 2021 by admin

Crypto Exchange Liquid Hacked, Loses Millions in Various CurrenciesCrypto Exchange Liquid Hacked, Loses Millions in Various Currencies

Japanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $ 80 million in digital assets. The platform published the suspected hacker’s addresses and said it’s moving funds to cold storage. Hacker Hits Japanese Crypto Exchange Liquid Asian cryptocurrency exchange Liquid Global …

Filed Under: Bitcoin News Tagged With: Crypto, Currencies, Exchange, Hacked, Liquid, Loses, Millions, Various

Binance US CEO Steps Down as the Crypto Exchange Faces Rising Regulatory Scrutiny

7th August 2021 by admin

Binance US CEO Steps Down as the Crypto Exchange Faces Rising Regulatory ScrutinyBinance US CEO Steps Down as the Crypto Exchange Faces Rising Regulatory Scrutiny

Former acting Comptroller of the Currency Brian Brooks has resigned as the CEO of Binance U.S. after just over three months. He cited “differences over strategic direction.” Meanwhile, Binance is facing regulatory scrutiny worldwide, including in the U.K., Malaysia, Japan, Cayman Islands, Hong Kong, Thailand, Germany, and Lithuania. CEO of Binance US Resigns The …

Filed Under: Bitcoin News Tagged With: Binance, Crypto, Down, Exchange, Faces, Regulatory, Rising, Scrutiny, Steps

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