Mercado Bitcoin plans to expand to Mexico
The expansion may not necessarily include Mercado Bitcoin acquiring a Mexico-based crypto exchange to operate in the country. Go to Source Powered by WPeMatico
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Hardware wallet industry to outstrip crypto exchanges: Report
Global crypto exchange revenue is estimated to grow at a 13% CAGR by 2028, while the hardware wallet market is expected to exhibit a CAGR of 27% by 2027. Go to Source Powered by WPeMatico
US authorities arrest former Coinbase manager, alleging insider crypto trading
Three people allegedly used multiple Ethereum wallets to make purchases of certain tokens in advance of at least 14 separate Coinbase public listing announcements. Go to Source Powered by WPeMatico
Strict Thai crypto regulation causes SCB to delay Bitkub acquisition
SCB X notified the Stock Exchange of Thailand that the Bitkub acquisition is “still undergoing due diligence.” Go to Source Powered by WPeMatico
Crypto firms facing insolvency ‘forgot the basics of risk management’ — Coinbase
“The issues here were foreseeable and actually credit specific, not crypto specific in nature,” said three department heads at Coinbase. Go to Source Powered by WPeMatico
FTX and FTX US seek even more funding following acquisitions: Report
Both the major crypto exchange and its U.S. arm closed on separate $400 million funding rounds in January. Go to Source Powered by WPeMatico
South Korean authorities raid 15 entities linked to Terra collapse: Report
The Seoul Southern District Prosecutors Office reportedly raided the offices of crypto exchanges Upbit, Bithumb, Coinone, Korbit, and Copax and others on Wednesda Go to Source Powered by WPeMatico
US federal agency issues legal advisory on NFT investments
The advisory primarily targets reporting of NFTs investments that represent “property,” such as real estate. Go to Source Powered by WPeMatico
Crypto.com secures regulatory license in Italy
The mobile-first cryptocurrency exchange recently received regulatory approvals to operate in Greece, Singapore and Dubai. Go to Source Powered by WPeMatico
US lawmaker criticizes SEC enforcement director for not going after ‘big fish’ crypto exchanges
Representative Brad Sherman said the SEC’s enforcement case against Poloniex was like going after “small fish” compared to major exchanges, which may include Kraken and Coinbase. Go to Source Powered by WPeMatico