Exchange

Bittrex to Close Down US Operations as Regulatory Pressure Mounts

Seattle-based cryptocurrency exchange Bittrex has announced that it will close down its operations in the US. The exchange's CEO, Richie Lai, cited an uncertain...

Binance.US Temporarily Halts BUSD Services

Binance.US, the United States-based arm of Binance, has temporarily suspended some of its services. The cryptocurrency exchange has disabled the use of Binance USD...

OKX sets up Hong Kong office, plans to apply for virtual asset licenses

Cryptocurrency exchange OKX has opened an office in Hong Kong and intends to apply for virtual asset licenses to offer digital asset services in...

Binance and CEO CZ Zhao Sued by CFTC for Trading Violations

The United States Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Binance and its CEO Changpeng Zhao for alleged trading violations. According...

Coinbase is Exploring Flatcoins, an Inflation-Pegged Stablecoin on its Base Network

Coinbase, a well-known cryptocurrency exchange, is exploring the possibility of launching “flatcoins” on its Base network. The exchange revealed that “flatcoins” are essential and...

Coinbase Stock Falls as SEC Issues Wells Notice

Shares of Coinbase, the popular cryptocurrency exchange, dropped by as much as 20% in early trading on Thursday after the U.S. Securities and Exchange...

Coinbase Considers Move Outside US Amid Regulatory Concerns: Reports

Crypto exchange Coinbase is reportedly exploring the possibility of moving a trading unit outside the United States as a way to diversify its regulatory...

South Korean Crypto Exchanges Investigated for Bribery Allegations

South Korean prosecutors are investigating executives of major crypto exchanges in the country, including Bithumb and Coinone, for alleged bribery in the listing of...

Binance Converts $1 Billion Industry Recovery Fund to Bitcoin

In response to the controversy surrounding the USDC stablecoin, Binance, the world's largest cryptocurrency exchange, has converted its $1 billion Industry Recovery Initiative funds...

Binance Scrambles to Find New Partner for British Pound Transfers

Binance, a leading cryptocurrency exchange, is in search of a new service partner to process British pound transfers on its platform after its current...

New York Attorney General Sues KuCoin for Securities Violations

The New York Attorney General, Letitia James, has filed a lawsuit against KuCoin exchange for failing to register as a securities and commodities broker-dealer...

Coinbase Launches Wallet-as-a-Service to Simplify Web3 Wallet Onboarding

Coinbase has launched a new product called Wallet-as-a-Service (WaaS), which enables companies to create fully customizable web3 wallets within their own apps. The product...