KuCoin Seeks MiCA Licence to Strengthen Presence in Europe In the ever-evolving world of cryptocurrency, regulatory compliance plays a pivotal role in determining the success and longevity of digital asset service providers. As the Markets in Crypto-Assets (MiCA) framework takes shape to create a more harmonized regulatory environment across the European Economic Area (EEA), KuCoin […]
Nigeria demands $81.5 billion from Binance over taxes and currency impact
Nigeria’s Lawsuit Against Binance: Unpacking the $81.5 Billion Demand Nigeria, a country at the forefront of cryptocurrency adoption in Africa, has recently made headlines by filing a lawsuit against the global cryptocurrency exchange, Binance. The lawsuit, brought by Nigeria’s Federal Inland Revenue Service (FIRS), demands a staggering $79.5 billion in damages for alleged economic losses, […]
Kraken prepares for return to the Indian market
Kraken’s Strategic Moves to Re-Enter the Lucrative Indian Market Kraken, a prominent player in the cryptocurrency exchange industry, is gearing up for a significant comeback in the Indian market. This move comes after India’s Financial Intelligence Unit blacklisted Kraken and eight other exchanges due to non-compliance with Anti-Money Laundering (AML) laws. Despite this setback, Kraken […]
Binance restores US dollar services after 18-month freeze
Binance Restores US Dollar Services After 18-Month Freeze In a significant development for the cryptocurrency world, Binance has recently announced the restoration of its US dollar services after an 18-month freeze. This move comes as a relief for many users and investors who have been eagerly awaiting the resumption of these services since they were […]
CEX.IO launches spot trading for UK customers
CEX.IO Expands Services with Spot Trading Launch for UK Customers CEX.IO, a leading cryptocurrency exchange platform, has recently announced the launch of spot trading services for its UK customers. This strategic move not only aligns the UK services with those already available in the European Union but also positions CEX.IO to effectively navigate the ever-changing […]
SEC lawsuit against Binance temporarily paused
SEC Lawsuit Against Binance Temporarily Paused The recent developments in the ongoing lawsuit between the Securities and Exchange Commission (SEC) and Binance have taken an unexpected turn. The SEC lawsuit against Binance has been temporarily paused, thanks to a new task force established by the regulatory body. This task force aims to delve into the […]
Coinbase to relaunch in India after 2022 Setback
Coinbase to Relaunch in India after 2022 Setback Coinbase, one of the leading cryptocurrency exchanges globally, is gearing up to make a strong comeback in the Indian market following a setback in 2022. Despite facing challenges such as high taxes on digital assets, the platform is determined to revitalize the Indian crypto space and establish […]
Crypto exchange Gemini secures key approval in Europe
Crypto Exchange Gemini Secures Key Approval in Europe Gemini, a leading cryptocurrency exchange, has recently made significant strides in its quest for global expansion by securing a key approval in Europe. This approval marks a pivotal moment for Gemini as it sets its sights on establishing Malta as its European Union hub, joining the ranks […]
Coinbase faces lawsuit over alleged unregistered securities sales
Coinbase Faces Lawsuit Over Alleged Unregistered Securities Sales Coinbase, one of the leading cryptocurrency exchanges globally, is currently embroiled in a legal battle over alleged unregistered securities sales. The lawsuit, which accuses Coinbase of offering unregistered securities through its digital asset exchange platform, highlights the increasing regulatory scrutiny facing the crypto industry. The case against […]
Coinbase secures UK approval to expand crypto services
Coinbase Secures UK Approval to Expand Crypto Services Coinbase, one of the leading cryptocurrency exchanges globally, has recently obtained approval from UK regulators to expand its range of services. This milestone comes after the resolution of past regulatory issues with Coinbase Payments, demonstrating the company’s commitment to compliance and growth in the ever-changing world of […]