Is asymmetric information driving crypto’s wild price swings?
Will Coinbase’s latest efforts help to level the user playing field? Perhaps, but more adoption, liquidity and regulation will also be needed. Go to Source Powered by WPeMatico
Exchanges
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Crypto Exchange With Belarusian Roots Halts Operations for Russian Users
Currency.com, a crypto exchange founded and initially licensed in Belarus, has suspended operations for Russian clients. The restrictive measure comes in response to Russia’s assault on Ukraine, the platform said, noting that customers in other jurisdictions will not be affected. Currency.com Exchange Denounces ‘Terrible War’ in Ukraine, Denies Services to Russian Traders Crypto trading platform … Read more
India’s Crypto Trading Volume Plunges Further as Mobikwik Stops Payment Service
Cryptocurrency trading volumes in India have plunged further across exchanges as traders mull over the 30% crypto taxation. In addition, popular payment service provider Mobikwik has stopped service to exchanges. Crypto Trading Volume in India Plunges Further Cryptocurrency trading volume in India continues to slide after the government began taxing crypto income at 30% without … Read more
Swiss public exchange lists two new carbon-neutral crypto ETPs
The BTCO2 and ETH2O ETPs seek to expose investors to the world’s two most valuable cryptocurrencies while offsetting their carbon footprints. Go to Source Powered by WPeMatico
Crypto Exchanges Binance and Whitebit Offer Help for Ukrainian Refugees
The global crypto community has actively supported humanitarian efforts in Ukraine and two crypto exchanges are also looking to help Ukrainian refugees abroad. Binance, the largest coin trading platform, and the Ukrainian Whitebit have turned their attention to the Ukrainians who had to leave their country as a result of Russia’s invasion. Binance to Launch … Read more
South Korean Intelligence Service Informs Crypto Exchanges About Cyberthreats
The South Korean state intelligence agency is now providing crypto trading platforms with information about attempts to breach their cybersecurity. The help for the country’s digital asset exchanges comes amid growing threats, local media reported. Intelligence Service Offers Cybersecurity Assistance to Major South Korean Crypto Exchanges South Korea’s National Intelligence Service (NIS) has started to … Read more
Crypto Exchange Coinbase Launches in India — Quickly Runs Into Trouble With UPI Payment System
Cryptocurrency exchange Coinbase has announced that it is launching full-scale crypto trading in India with Unified Payments Interface (UPI) support. However, moments later, the National Payments Corporation of India (NPCI), which developed UPI, stated that no crypto exchange is using the UPI system. Coinbase Launches in India, Hit With UPI Problem The Nasdaq-listed cryptocurrency exchange … Read more
Coinbase Focuses on Crypto and Web3 in India — Plans to Hire 1,000 for Indian Hub
Coinbase is focusing on growing the crypto and Web3 ecosystem in India. “Combined with India’s world-class software talent, we believe that crypto and web3 technology can help accelerate India’s economic and financial inclusion goals,” said CEO Brian Armstrong. Coinbase Expanding in India With Web3 and Crypto Push The Nasdaq-listed cryptocurrency exchange Coinbase revealed its plan … Read more
Judge Dismisses Lawsuit Against Binance for Allegedly Selling Unregistered Crypto Securities
A lawsuit against Binance accusing the cryptocurrency exchange of selling unregistered crypto securities has been dismissed. The plaintiffs listed nine cryptocurrencies in the lawsuit. Binance’s Lawsuit Dismissed U.S. District Judge Andrew Carter dismissed a lawsuit against cryptocurrency exchange Binance Thursday. The motion to dismiss was filed by Binance and CEO Changpeng Zhao (CZ). The lawsuit … Read more
Colombian Tax Authority Warns About Consequences of Not Declaring Crypto Related Taxes
The Colombian tax authority, DIAN, has reminded taxpayers that they need to start registering cryptocurrencies in their statements starting this year. The director of the DIAN, Lisandro Junco, reminded cryptocurrency users that this kind of asset is taxed as any other asset held by citizens. Colombia has already collected $1 billion in digital economy-related taxes. … Read more