In a significant move signalling the United Arab Emirates’ growing acceptance of digital currencies and their associated innovations, Komainu, a joint venture of Nomura, CoinShares, and Ledger, has been granted a full operating license by the Virtual Asset Regulatory Authority
Elon Musk announced that Twitter, now known as X, is removing the ability for users to block unwanted followers on the social media platform. However, the X owner said people will still be able to prevent other users from contacting
Tether (USDT), Dai (DAI), and RAI stablecoins will no longer be available for trade on Coinbase’s Canadian platform as of August 31 due to legislative changes in the country. The company emailed customers on August 17 to inform them of
Binance has filed for a protective court order against the US Securities and Exchange Commission (SEC) in response to what it calls “overbroad” and “unduly burdensome” requests for communications and deposition testimony from its executives. According to Reuters, the exchange
The Securities and Exchange Commission’s (SEC) lawsuit against Coinbase has rattled the US crypto landscape. However, the firm’s motion to dismiss has gained high-profile support. Senator Cynthia Lummis recently filed an amicus brief siding with the crypto exchange. Coinbase, a
The United States Securities and Exchange Commission (SEC) recently moved significantly in the crypto space, announcing an agreement with crypto trading platform Bittrex and its co-founder and former CEO, William Shihara. The SEC accused Bittrex and Shihara of operating an
A recent series of tweets from Adam Cochran has cast a shadow over the future of Huobi, the world’s 12th-largest crypto exchange. Cochran alleges that the exchange might be on the brink of insolvency, a revelation that has sent shock
Effective October 3, Revolut, a leading fintech firm headquartered in the UK, will cease all cryptocurrency-related services for its clientele in the United States. The decision comes in response to the escalating intricacy and unclear nature of the US regulatory landscape
In a recent analysis by data agency CCData, the South Korean digital asset platform, Upbit has surpassed leading global exchanges, Coinbase and OKX, in spot trading volume. This shift coincides with the ongoing regulatory challenges faced by Binance, the largest
The U.S. Department of Justice (DOJ) is weighing whether to charge Binance with fraud. But prosecutors are worried that doing so could cause a run on the world’s largest crypto exchange, leading to losses for users, Semafor reported. Prosecutors fear
Brian Armstrong, CEO of Coinbase, has clarified the exchange’s intent to potentially integrate the Lightning Network, Bitcoin’s prominent Layer-2 scaling solution. In response to Jack Dorsey’s criticism, co-founder of financial services company Block Inc., Armstrong allayed concerns over Bitcoin and
The U.S. Securities and Exchange Commission (SEC) has delivered its verdict on what is and is not a security, and the financial governing body has ruled that if it’s a cryptocurrency that’s not called Bitcoin – it’s a security. The
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