Bitget mandates KYC requirements in line with tightening global regulations
The exchange operator is instituting new KYC requirements for users from September 2023 to comply with developing global regulatory guidelines. Go to Source
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Coinbase futures approval seen as a major win amid the SEC war on crypto
The recent approval allows Coinbase to join the ranks of major derivative exchanges in the United States, CME, and CBOE. Go to Source
Binance.US solves USD withdrawal issues but warns it won’t last long
“While USD withdrawal remains fully operational on the platform today, we expect our banking partners to discontinue that service in the near future,” said Binance.US. Go to Source Powered by WPeMatico
FTX bankruptcy will be ‘very expensive’ but there’s a reason: Auditor
The legal fees charged in the first months of FTX’s bankruptcy have been examined by an auditor, who has confirmed the case is “on track to be very expensive.” Go to Source Powered by WPeMatico
Binance is leaving the Dutch market: Here’s when
Crypto exchange Binance announced its departure from the Netherlands, with users asked to withdraw their funds as soon as possible. Go to Source Powered by WPeMatico
Binance CEO CZ responds as data points to billions in exchange outflows
Data analytics platforms have reported billions of dollars in outflows from Binance over the last week, but this can be misinterpreted, argues Changpeng Zhao. Go to Source Powered by WPeMatico
‘We can’t keep putting band-aids on the current system’ — OKX CMO
OKX launches a new campaign calling for a rewrite of centralized legacy financial and digital systems using blockchain technology and Web3 solutions. Go to Source Powered by WPeMatico
FTX Founder Bankman-Fried Seeks Dismissal of Charges Filed After Extradition
Former CEO of crypto exchange FTX, Sam Bankman-Fried, has asked a judge in the U.S. to dismiss several charges against him filed after his extradition from the Bahamas. His lawyers insist that prosecutors have not obtained consent from Bahamian authorities for the additional counts. FTX’s Sam Bankman-Fried Urges Court to Drop Post-Extradition Charges Attorneys representing … Read more
Binance Reportedly Investigated in US for Russia Sanctions Violations
Cryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report. The inquiry is looking into whether the trading platform was used by Russians to circumvent financial restrictions imposed over Moscow’s invasion of Ukraine. Crypto Exchange Binance Faces Another US Probe, Sources Say The U.S. Department … Read more
Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet
Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the initially committed $1 million, with two-thirds of the money donated to two organizations. Former Coinbase … Read more
