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exchanges

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20 Mar 23

Almost $20b in cryptos hit exchanges last week

According to data provided by Glassnode, roughly $19.5 billion of BTC, ETH and USDT was brought to the exchanges, last week. Bitcoin leads the inflow with $9.6 billion while the largest stablecoin was not far away, reaching the $9.5 billion mark. As the crypto markets started to recover from the collapse of U.S. banks over […]
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05 Mar 23

Binance recommends P2P as Ukraine suspends fiat deposits on exchanges

Cryptocurrency exchange Binance is recommending the use of peer-to-peer (P2P) services following restrictions imposed by the National Bank of Ukraine (NBU). Ukraine temporarily suspended hryvnia, its national currency, via banking cards for fiat deposits and withdrawals on crypto exchanges. Binance recommends using P2P services Binance and the leading Ukrainian exchange, Kuna, announced temporary suspensions of […]
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In the eighth package of sanctions the EU banned citizens of the Russian Federation from owning Cryptocurrency wallets in the Eurozone
31 Jan 23

Russians look to new crypto exchanges amid restrictions

Russian crypto traders’ access to global exchange platforms is limited. The limitations have prompted traders to look for ‘unrestricted’ exchange accounts. According to local Russian news outlet Kommersant, the offering of such accounts on the dark web has significantly increased over the last year.  Crypto accounts for Russian users Many Russian residents are buying ready-to-use […]
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04 Jan 23

Indians moved cryptos to foreign exchanges in 2022

Research shows that India’s new tax policy has driven the country’s cryptocurrency users away from national exchanges over the last year. According to a new report from the Esya Centre, Indian citizens have moved over $3.8 billion in trading volume from local to international cryptocurrency exchanges since the country announced new tax rules for blockchain-based […]
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Japans FSA Debating Stricter Rules on Crypto Assets
29 Dec 22

Japan simplifies crypto listings to help local exchanges

The epic failure of the Sam Bankman-Fried-led FTX exchange prompted Japan’s Virtual and Crypto assets Exchange Association (JVCEA) to streamline token listing on local exchanges.  The new JVCEA token streamlining program ensures that coins previously traded in any Japan Exchange will not be subjected to a stringent pre-listing process if it wants to list on […]
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