exchange

20 Mar 23

Crypto venture capitals focus on DeFi as INNODEX builds a hybrid, decentralized exchange

While concerns over the banking crisis in the United States, following the bankruptcy of Silicon Valley Bank (SVB), have not subsided, distrust in the traditional financial system appears to support crypto assets. On Mar. 15, Galaxy Digital CEO, Mike Novogratz said with the SVB crisis, bitcoin has been rapidly increasing due to the widespread perception […]

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18 Mar 23

Solana’s leading crypto exchange Orca to block access for US users

The leading decentralized exchange on the Solana (SOL) blockchain, Orca, will prohibit users from the United States from trading coins on its front-end website effective March 31. On March 16, 2023, Orca announced via its official website that it was adding the United States to the regions and nations barred from trading. The reason for […]

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01 Mar 23

Tel Aviv stock exchange considers facilitating crypto trading

The Tel Aviv Stock Exchange has published a proposal to allow non-banking members (NBMs) to safely offer their customers bitcoin (BTC) and altcoins trading services. To make it easier for non-bank institutions based in Israel and registered under its umbrella to offer their customers digital assets trading services in a secure and regulatory-compliant way, the […]

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20 Feb 23

Huobi seeking Hong Kong license to launch local exchange

Huobi is taking steps to gain approval from Hong Kong regulators to operate in the city, and also establish a local subsidiary that will cater to institutional investors. Huobi looking to service Hong Kong customers In a tweet thread on Feb. 20, 2023, Justin Sun, advisor at Huobi and TRON founder, said that the new […]

18 Feb 23

Binance CEO says crypto exchange will withdraw from potential US investments

As US financial regulators intensify their crackdown on crypto companies, Binance CEO Changpeng “CZ” Zhao has stated that his company will hold off on plans for prospective investments in the country. In a tweet sent on Feb. 17, Mr. Zhao, better known as CZ in crypto circles, stated that Binance had drawn back on some […]

11 Jan 23

South Korean regulators launch a new investigation into crypto exchange Bithumb

South Korea’s National Tax Service (NTS) is reportedly conducting a special tax inquiry into Bithumb. South Korean crypto exchange Bithumb has recently drawn the attention of the country’s tax and legal authorities. The tax authorities have decided to launch a “special” investigation into the exchange’s business practices. An individual suspected to be the company’s largest […]

04 Jan 23

Indonesia to launch crypto exchange as country reforms regulations

According to recent reports, Indonesia plans to launch a virtual currency platform this year (2023). The platform is part of a plan to shift regulatory powers from the commodities commission to the securities commission. Crypto adoption set to increase after platform launched Indonesia will launch a crypto exchange this year, with plans to restructure its […]

20 Dec 22

Indian government updates parliament on crypto legislation and exchange probes

The Indian government has updated the Lok Sabha, India’s lower house of parliament, on the status of its cryptocurrency bill and investigations into crypto exchanges. Indian government responds to concerns regarding the crypto bill On Dec. 20, the Indian government responded to various questions concerning cryptocurrency and its regulation from members of the Lok Sabha, India’s lower […]