Binance, a prominent cryptocurrency exchange, has made the decision to exit the Dutch market after failing to secure a virtual asset service provider (VASP) registration from the local regulatory authorities. The exchange will immediately halt the onboarding of new customers from the...
Coinbase, the popular cryptocurrency exchange, has announced an expansion of its USDC rewards program, now offering customers a 4% return on their holdings of the stablecoin. The previous rewards rate stood at 2%, and this increase aims to incentivize more users to utilize Coinbase...
Binance, one of the world’s largest cryptocurrency exchanges, is currently under investigation in France for alleged “aggravated” money laundering and the illegal provision of digital asset services, according to the Paris public prosecutor’s office.
The allegations against...
Following the collapse of FTX and its subsequent impact on user trust in centralized exchanges (CEXs), a recent report by Nansen sheds light on the response of major players in the industry. Binance and Bitget, among others, have taken proactive steps to strengthen security and...
In a surprising move, top players in the global banking sector, including BlackRock, Bank of America (BOA), and Fidelity, have reportedly been quietly accumulating significant amounts of Bitcoin and related assets, even as regulatory scrutiny on cryptocurrency exchanges intensifies....