Ukraine’s Largest Bank Suspends Money Transfers to Crypto Exchanges

Ukraine’s Largest Bank Suspends Money Transfers to Crypto ExchangesPrivatbank, the largest commercial bank in Ukraine, has temporarily halted transfers in national currency to digital asset exchanges. The financial institution explained the move with restrictions imposed by the country’s central bank under the current martial law. Leading Bank in Ukraine Bans Clients From Sending Hryvnia to Crypto Trading Platforms Ukraine’s largest bank in terms […]

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Dubai’s New Virtual Asset Regulator Licenses Crypto Exchanges Binance, FTX

Dubai's New Virtual Asset Regulator Licenses Crypto Exchanges Binance, FTXDubai’s Virtual Asset Regulatory Authority has licensed two cryptocurrency exchanges: Binance and FTX. The regulator was formed last week when Dubai approved its first law to regulate crypto assets. Dubai Licenses Binance and FTX Cryptocurrency exchanges FTX and Binance have been licensed by Dubai’s Virtual Asset Regulatory Authority (VARA). The regulator was established last week […]

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Binance Now Fully Licensed by Central Bank of Bahrain to Offer Crypto Services

Binance Now Fully Licensed by Central Bank of Bahrain to Offer Crypto ServicesCryptocurrency exchange Binance has announced that it has received a full license from the Central Bank of Bahrain. “The crypto asset license will allow Binance to provide crypto-asset trading, custodial services, and portfolio management to customers under the supervision of the Bahrain regulators,” said the exchange. Binance Now Licensed in Bahrain Cryptocurrency exchange Binance announced […]

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Binance Explores Acquisition of Brazilian Securities Brokerage Firm

binanceLeading cryptocurrency exchange Binance is showing its intention of expanding its activities to Brazil. The company announced that it has signed a memorandum of understanding with a regulated securities brokerage firm in Brazil, with the intention of acquiring it. The company, called Sim;paul Investimentos, offers different investment options to its customers, including various funds and […]

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Bitcoin Exchange Reserves Drop to Lowest Point in 3 Years

Bitcoin Exchange Reserves Drop to the Lowest Point in 3 YearsThe number of bitcoin held on exchanges has continued to drop in recent times as the metric suggests crypto advocates are pulling funds off of trading platforms for long-term holding. At the time of writing, 2.32 million bitcoin worth over $90 billion is held on centralized cryptocurrency exchanges. Since This Time Last Year, Large Sums […]

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Binance Suspends Transactions With Russian Mastercard and Visa Cards

Binance Suspends Transactions With Russian Mastercard and Visa CardsCrypto exchange Binance has blocked transactions with Mastercard and Visa cards issued in the Russian Federation. The trading platform announced the move after the American payment giants decided to halt operations in Russia over its military invasion of Ukraine. Russians Unable to Use Their Mastercard and Visa Cards on Binance Starting on Wednesday, March 9, […]

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