Binance Gains 21st Regulatory Approval – Crypto Giant Tightens Grip Worldwide

Binance has secured its 21st regulatory approval with Brazil’s central bank, bolstering its growing dominance and expanding its footprint in Latin America’s booming crypto market. Binance Expands Regulatory Dominance With Brazil Approval Crypto exchange Binance announced Thursday that it has secured approval from the Central Bank of Brazil to acquire Sim;paul, a licensed broker-dealer in … Read more

Malaysia Cracks Down on Unregistered Crypto Exchanges: Bybit Ordered to Halt Operations

Malaysia has ordered Bybit to halt its crypto exchange operations in the country, as regulators crack down on unregistered platforms. Bybit Faces Enforcement in Malaysia Over Unregistered Crypto Exchange Operations The Securities Commission Malaysia (SC) announced on Dec. 27 that it has taken enforcement measures against Bybit Technology Ltd. and its CEO, Ben Zhou, citing … Read more

French Bybit Users Face Service Shutdown—Withdrawals End in Weeks

Crypto exchange Bybit will cease withdrawal and custody services for French users starting Jan. 8, 2025, citing regulatory changes, urging users to withdraw assets promptly to avoid disruptions. Bybit to End Withdrawals in France Bybit, a global cryptocurrency exchange, has announced it will no longer provide withdrawal and custody services to users in France, starting … Read more

Raydium Outshines Uniswap in Monthly DEX Volumes

Meme coin trading was a key driver of Raydium’s volume with meme coins accounting for 65% of Raydium’s monthly volume. Raydium Is King of DEXs Raydium (RAY), a decentralized exchange (DEX) on Solana has exceeded Uniswap‘s monthly DEX volume for two months in a row. This saw Raydium emerge as the top DEX by volume … Read more

DMM Bitcoin Breach: Japanese Crypto Exchange Shutters Operations Amid Hack Fallout

Beleaguered Japanese crypto exchange DMM Bitcoin is set to cease operations after transferring its assets to SBI VC Trade Co. DMM Bitcoin Takes Action to Avoid Inconveniencing Users Beleaguered Japanese crypto exchange DMM Bitcoin is set to cease operations. Its assets will be transferred to SBI VC Trade Co., a subsidiary of SBI Holdings, Inc. … Read more

Binance Reveals Strategy to Introduce Crypto to the Next Billion Users

Binance CEO Richard Teng has revealed the strategy the exchange will follow to regain its growth trajectory. Teng stated that the real objective is to attract outsiders to crypto, downplaying the recent decline of Binance in the exchange market. Binance Reveals ‘Compliance First’ Strategy to Recover Market Share Binance, the largest cryptocurrency exchange in the … Read more

Coinbase Pledges Millions to Crypto PAC War Chest, Rejects Illegality Allegations

Coinbase has committed to donating $25 million to Fairshake, a crypto PAC funded by crypto-linked companies that supports the aspirations of crypto-friendly candidates. The move was criticized by contrarians who alleged Coinbase’s moves are illegal under U.S. laws. Coinbase Pledges $25 Million to Fairshake Crypto PAC Coinbase, the largest U.S.-based cryptocurrency exchange, is moving to … Read more