An Iranian Think Tank Recommends the Use of Cryptocurrencies to Circumvent Sanctions

A think tank affiliated with the Iranian Presidency has unveiled a study report that encourages the use of cryptocurrencies in circumventing sanctions against the country.

Door Opens for South Korean Crypto Exchanges Fearing Forced Closures

Smaller South Korean exchanges may find a way to survive the promulgation of a new crypto act later this month that requires all trading platforms to abide by real-name banking procedures. As previously reported, only the “big four” crypto exchanges – Upbit, Bithumb, Korbit, and Coinone – currently have real-name, social security number-authenticated banking

Crypto Listing and Delisting Announcements: Week 9

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Bibox Listings: Swaprol (SWPRL) BigONE Listings: LBRY (LBC)

Crypto Exchanges Scale, But Outages Likely To Remain A Fact Of Life

Exchanges have been the epicenter of the recent crypto bull market, facilitating the surge of bitcoin (BTC) and other coins towards new all-time highs.

Crypto Industry Wins More Time For FATF Travel Rule

There may yet be some wriggle room for the crypto exchanges and other virtual asset service providers (VASPs) struggling to get their platforms ready for Travel Rule compliance – with the Financial Action Task Force (FATF) admitting that it may be prepared to budge on amending the guidance, which some claim is not fit for purpose. Per a paper from the American Treasury Department, the FATF has

Key Strategies of the Top 30 Crypto Exchanges and How They’ve Changed Since 2018

If you are a marketer of a crypto project, you always search for new ways to grow.

Ripple Lawyer Says Crypto Companies Engaged With SEC, Concluded They Could Support XRP

Crypto exchanges have as recently as 2019 asked the US Securities and Exchange Commission (SEC) whether they could transact with XRP, and concluded they could move forward, according to new information surfacing from Ripple’s ongoing lawsuit.

Crypto Listing and Delisting Announcements: Week 8

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Bibox Listings: DAO Maker (DAO) StarLink (SLNV2) Hash Bridge

Ethereum surges to a record high of $2,000

In what is yet another crucial milestone for Ethereum, the world's largest altcoin, ETH has now breached the much-anticipated $2000-level across major crypto-exchanges.

South Korean Crypto Exchanges Face New Hurdle as Legal Deadline Looms

With just over a month left before South Korean financial regulators begin policing the activities of the nation’s crypto exchanges, a regulatory body has unveiled details of how it will request trading platforms to report suspicious transactions as part of what promises to become one of the most highly scrutinized industries in the country. Per reports from the

Bull that keeps climbing: Bitcoin surges past $55,000

Bitcoin's price surge continues as BTC has now gone past $55,000 on major crypto exchanges today.

Bank Account Data May Indicate a Rise in South Korean Crypto Activity

A new report has linked a spike in the creation of new bank accounts in South Korea to a rise in crypto trading – an indication that a large influx of new traders in the East Asian nation has taken up crypto in 2021. In 2018, Seoul created a set of guidelines that requires crypto exchanges to keep their own funds and those of their clients separate in banking procedures.

‘Evil VASP’ Simulation Preps Crypto Exchanges for FATF Travel Rule

Backed by CipherTrace, TRISA looks to get virtual asset service providers (VASPs) ready for new anti-money laundering rules.

Bitcoin selling at 36% premium in Nigeria

In the wake of the recent ban on Nigerian banks' servicing of crypto exchanges, Bitcoin's price in the country has seemingly spun out of control. It's been roughly 11 days since the Central Bank of Nigeria banned all regulated financial institutions from providing services to cryptocurrency exchanges in the country.

Diginex Connects Crypto Exchanges and Electronic Trading Firms With New Platform

The crypto services firm is connecting high-frequency traders who use electronic trading platforms to crypto exchanges.

Crypto criminals got away with $5B less in 2020 as scam revenue falls

The proceeds of crypto crime fell by more than $5 billion in 2020, due to increasing regulatory compliance by crypto exchanges and declining scams. Revenue from crypto-related crime dropped by more than half in 2020 according to Chainalysis’ annual report on the subject. Cybercriminals netted around $5 billion less than the $10 billion plus they got away with in 2019, representing a 53% fall.

Market share of top crypto exchanges passes $1T: CryptoCompare report

The report states that KYC and AML standards for exchanges have significantly improved over the last four months.

Bitcoin Futures Reaches $50,000, Will Bitcoin Break Through $60K?

After undergoing a correction yesterday, Bitcoin’s price surged to $50K on major crypto exchanges like Binance, Huobi and Bitfinex.  (Read More)

Just Five Services Launder Half of All Illicit Crypto: New study

A new Chainalysis report finds more than half of all ill-gotten crypto flows through just a few hundred addresses and a handful of services

Crypto Listing and Delisting Announcements: Week 7

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Atomars Listings: REVAIN (REV) Bibox Listings: YFDai Finance

USDT-settled futures contracts are gaining popularity, here’s why

Crypto exchanges offer USDT and BTC settled perpetual futures contracts but which is best suited for the average trader? When BitMEX launched its Bitcoin (BTC) perpetual futures market in 2016, it created a new paradigm for cryptocurrency traders.

More harm than good? Nigerian crypto users in disbelief over CBN ban

Crypto and blockchain stakeholders in Nigeria have criticized the central bank’s decision to ban banks from servicing crypto firms. The Central Bank of Nigeria has banned banks from servicing crypto exchanges in the country in a move that echoes actions taken by its Indian counterpart back in 2018.

South Korean Court Orders Bithumb to Compensate Users for an Accidental BTC Withdrawal Case in 2018

A South Korean court ordered one of the biggest domestic crypto exchanges to compensate victims of an “accidental withdrawal” incident in 2018.

Kyrgyzstan central bank plans to introduce licenses for crypto exchanges

The central bank of the Kyrgyz Republic wants to provide crypto investors with the same level of protection that is already in place in traditional finance. The National Bank of the Kyrgyz Republic, or NBKR, is reportedly planning to introduce a licensing regime for cryptocurrency exchanges in a move to protect local investors. NBKR chairman Tolkunbek Abdygulov announced that the country’s central bank is planning to start regulating exchange operations involving cryptocurrencies like Bitcoin (BTC), local economic publication Tazabek reports Feb.

UN Report: North Korea Stockpiles $316 Million in Cryptocurrencies From Cyberattacks

A panel of experts at the United Nations says that North Korea has amassed $316 million in cryptocurrencies from various cyberattacks on crypto exchanges and financial institutions.

Indian Crypto Exchanges Flooded With INR Deposits and New Users After Elon Musk’s Tesla Revealed Bitcoin Purchase

Indian crypto exchanges have been experiencing a flood of INR deposits and surging trading volumes since it was revealed that Elon Musk’s Tesla purchased $1.5 billion worth of bitcoin.

BitMEX Introduces Data Storage Framework for FATF’s Travel Rule

Compliance chief Malcolm Wright led the development of BitMEX’s data storage principles for crypto exchanges.

Crypto Listing and Delisting Announcements: Week 6

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Atomars Listings: Employment Coin (EC2) SHD Cash (SHDC) Bibox

Crypto Exchanges Overloaded as Tesla Pushes Bitcoin to All-Time High

Coinbase, Gemini, Kraken, and Binance have all experienced load issues.

Top Crypto Exchanges Experience Difficulties as Tesla News Prompts Trading Frenzy

Binance, Coinbase, Gemini and Kraken are all having technical difficulties under heavy trading load.

Coinsquare launches Quick Trade mobile app with instant funding

One of Canada's largest crypto exchanges has launched a new mobile application designed to streamline the buying and selling of Bitcoin and Ethereum.

Central Bank of Nigeria bans banks from servicing crypto exchanges

Nigeria's central bank has prohibited commercial banks from providing account services to crypto exchanges. The Central Bank of Nigeria has placed a ban on all regulated financial institutions from providing services to crypto exchanges in the country. The prohibition was contained in a circular issued by the CBN on Friday.

Indian Crypto Industry Launches Campaign Urging Lawmakers to Dismiss Crypto Ban Bill

Indian crypto exchanges have pooled their resources together and launched a campaign to gain support from as many parliament members as possible about cryptocurrency regulation.

Binance and Kraken face technical issues as system traffic reaches new highs

Crypto-exchanges faced technical issues once again today, as system traffic reached all-time highs. CZ, CEO of Binance, took to Twitter to address connectivity issues on the platform, stating that The post Binance and Kraken face technical issues as system traffic reaches new highs appeared first on AMBCrypto.

Calls for Bitcoin Price Rally Grows as $600M Enter Crypto Exchanges

Cryptocurrency exchanges experienced a dramatic rise in stablecoin deposits in the previous 24 hours, instilling hopes that traders will use the dollar-pegged tokens to purchase Bitcoin.

USDC on Crypto Exchanges Spike as Tether (USDT) Dominance Falters - What This Means

According to an assessment from Glassnode, the amount of stablecoins being deposited on exchanges is an indication that things are turning bullish for Bitcoin.

Colombian Banks to Work with Exchanges on Year-long Crypto Pilot

Colombian banks are set to form an unlikely alliance, with some of the nation’s biggest crypto exchanges set to work together on a cryptoasset transactions pilot. Per Semana, the pilot will, in most cases see crypto exchanges join forces with a bank to test how financial institutions can use crypto to conduct transactions – and whether it can indeed speed

Crypto Listing and Delisting Announcements: Week 5

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Atomars Listings: Trust Wallet Token (TWT) Employment Coin (EC2)

Binance, Bitrue, Kraken face technical issues due to increase in traffic

Crypto exchanges Binance, Bitrue and Kraken are facing technical difficulties in managing the sudden trading activity from an influx of new users on their websites. All three exchanges have reporte The post Binance, Bitrue, Kraken face technical issues due to increase in traffic appeared first on AMBCrypto.

Crypto Exchanges Break Under Heavy Traffic Showing Need For 'Wider On-Ramps'

Major crypto exchanges once again experienced multiple technical issues today as bitcoin (BTC) trading volume almost doubled today, surpassing USD 95bn, and dogecoin (DOGE) rallied in triple digits. According to the most recent announcements: Coinbase and Coinbase Pro said (17:09 UTC) that "due to a technical issue, we are experiencing degraded service where some trades

Kraken, Coinbase Suffer Outages Amid Market Volatility

Spillover from market drama on Wall Street is crippling US crypto exchanges.

Stablecoin holdings on crypto exchanges hit a new all-time high

Stablecoins like Tether are flooding crypto exchanges again, potentially pointing at another upward move on crypto markets. Amid renewed bullish action on cryptocurrency markets, stablecoins like Tether (USDT) are flooding exchanges to hit a new historical high in terms of allocation. According to market data provider CryptoQuant, stablecoin holdings on global crypto exchanges broke a new all-time high on Jan.

Ivy League Universities Betting on Bitcoin, With Harvard, Yale and Brown Endowments on Board: Report

Ivy League endowment funds have reportedly been buying Bitcoin (BTC) through Coinbase and other crypto exchanges for months.

Dutch Bitcoin exchange drags central bank to court over wallet KYC rule

One Dutch Bitcoin exchange has taken legal action against the central bank over its controversial crypto wallet verification law. Dutch Bitcoin exchange platform, Bitonic, has filed a preliminary injunction at a Rotterdam court seeking the suspension of a wallet verification rule enacted by the central bank. Back in November 2019, De Nederlandsche Bank, or DNB, mandated crypto exchanges to ensure their users comply with stringent Know Your Customer protocols.

Philippine Central Bank Widens Cryptocurrency Regulation — Sees ‘Accelerated Growth’ in Crypto Activity

The Philippines’ central bank, the Bangko Sentral ng Pilipinas (BSP), has expanded the country’s cryptocurrency regulation after seeing “accelerated growth” in the use of crypto exchanges.

FinCEN Further Extends Comment Period for Controversial Crypto Rules

The Financial Crimes Enforcement Network (FinCEN) is further extending a comment period for a controversial proposed rule that would require crypto exchanges to gather and store counterparty information for transactions to unhosted wallets.

Crypto Exchanges: Slow Shift to Classic Financial Industry Regulations?

Ever since Bitcoin saw the dawn of the day in 2008, the crypto industry has come a long way.

Crypto Listing and Delisting Announcements: Week 4

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Bilaxy: Listings: Zero Exchange Token (ZERO) SolomonDefi

Bitcoin Exchange LVL Launches Mastercard Debit Card

The card can be used to spend crypto and fiat around the world.

UK Investment Firm Aims to Block Ripple From Leveraging Liquid Assets, Jed McCaleb Dumps 28.6 Million XRP

Court documents show that the company, Tetragon Financial Group, has filed a lawsuit against Ripple after the firm was charged by the US Securities and Exchange Commission.

Bithumb CEO Predicts Only Four to Seven South Korean Crypto Exchanges Will Survive New Rules

The CEO of the South Korean cryptocurrency exchange Bithumb has made some predictions regarding the upcoming new rules governing the national industry.

How to regulate exchanges: Learn crypto from Biden's SEC chair pick, part 2/3

The SEC's incoming chair predicted the crackdown on crypto exchanges over AML concerns back in 2018.

Crypto Listing and Delisting Announcements: Week 3

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Binance.US Delistings: XRP Bitfinex Listings: Stakenet (XSN)

India Seizes Bitcoins Worth $1.2 Million From Hacker of Government Website and Crypto Exchanges

Indian police have seized $1.2 million in bitcoin from a hacker who allegedly hacked a government website, online game portals, and cryptocurrency exchanges.

Bithumb Boss: Only 4-7 Korean Crypto Exchanges Will Survive Regulations

The CEO of Bithumb Korea, the domestic wing of the South Korean market-leading crypto exchange Bithumb, has predicted that after soon-to-promulgate regulations kick in, there will only be between four and seven exchanges left standing. There are currently almost 50 crypto trading platforms in the nation.

CEX, Lies and Videotape: Binance Accuses Rivals of Fighting Dirty

A bogus video on Chinese social media has intensified a long-standing feud involving Binance, Huobi and OKEx.

Here's Why Coinbase Keeps Going Down During Bitcoin Rallies

The unpredictability of Bitcoin’s price makes it really hard for crypto exchanges to prepare for traffic spikes, experts said.

Crypto Listing and Delisting Announcements: Week 2

Source: iStock/~UserGI15632523 Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Atomars Listings: CounosX (CCXX) Unifi Protocol DAO (UNFI)

HSBC Blocks Transactions From Crypto Exchanges

Crypto traders and investors in the UK can no longer transfer their funds from digital asset exchanges to HSBC bank.

Ripple’s CEO Addresses Key Allegations by US SEC — Legal Response Coming Soon

Ripple CEO Brad Garlinghouse has addressed some of the allegations made by the US Securities and Exchange Commission (SEC) against his company.

BTC Reaches a Whopping $40,000, Industry Exec Says ‘Bitcoin Rises in the Eye of a Perfect Storm’

The price of bitcoin has astonished the masses once again surpassing $40,000 per coin across crypto exchanges worldwide.

Bitstamp, Korbit Owner Set to Take Control of Bithumb Crypto Exchange

The owner of Nexon, the South Korean gaming giant and the owner of the Bitstamp and Korbit crypto exchanges has reportedly agreed a deal worth USD 458 million to buy a controlling stake in Bithumb, the nation’s market-leading trading platform. Bithumb has been looking for a sale for several months after a failed takeover and accusations of fraud against two key executives.

Kenya Expects to Earn $46 Million as New Tax Targeting Crypto Exchanges Comes Into Force

The Kenya Revenue Authority (KRA) is expecting to earn up to 5 billion Kenyan shillings ($45.5 million) during the first half of 2020 from a new tax that targets cryptocurrency exchanges and other online services, according to a top KRA official.

Kyrgyzstan Central Bank Is Set to Introduce Bills to Monitor Crypto Exchanges Activities and Forcing Them to Apply for Permits

The National Bank of the Kyrgyz Republic (NBKR) revealed its new-year plans for the national crypto industry.

Bitcoin Retail FOMO Brings a Heap of ‘Kimchi Premium’ to S. Korea

Bitcoin's price premiums on South Korean exchanges have returned amid the latest bitcoin bull market.

$2.3 Billion Liquated on Crypto Exchanges as Bitcoin Price Crashes By $5.4k In Minutes

According to Glassnode blockchain analytics, the crypto sector lost around $110 billion in marketcap because after $2.3 billion in crypto was sold off, crashing BTC by $5,000.

With 6 hours left, Treasury logs almost 6000 comments on crypto monitoring proposal

It looks like crypto stakeholders turned out in force, despite the Treasury's best efforts to evade scrutiny. Despite many objections to the truncated timeframe, public comments are due tonight in response to the US Treasury's proposal to require businesses like crypto exchanges to know the identities behind wallets with which they transact.  As of Sunday night, the Treasury's Financial Crimes Enforcement Network, or FinCEN, had recorded 5,633 responses to its proposed rule.

Crypto Listing and Delisting Announcements: Week 1

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Binance Listings: OG Fan Token (OG) Atlético de Madrid Fan

Massive Exodus of Bitcoin Continues to Leave Exchanges, Over 87,900 BTC Withdrawn in 30 Days

Despite the bitcoin price high, there continues to be a massive exodus of bitcoin leaving exchanges.

Bitcoin Sell-Off Incoming: Bitcoin Whales Return to Major Crypto Exchanges

CryptoQuant Alerts warns that Bitcoin whales are moving huge quantities of BTC onto major crypto exchanges indicating a huge sell-off could be imminent.

Coinbase CEO Urges Users to Oppose ‘Onerous’ FinCEN Regulation Change

Coinbase CEO Brian Armstrong has come out against new rules that would require crypto exchanges to enforce KYC checks on customers' wallets.

Binance announces $10M recompensation plan after COVER exploit

Binance, arguably one of the world's biggest crypto-exchanges, has announced that it will compensate users affected by the COVER exploit to the tune of $10 million. In a tweet, CEO Changpeng Zhao i The post Binance announces $10M recompensation plan after COVER exploit appeared first on AMBCrypto.

Ripple Assails the SEC, Claims the $1.3 billion Lawsuit is an ‘Attack on the Entire Crypto Industry Here in the United States’

Ripple has hit back at the US Securities and Exchange Commission (SEC), accusing it of creating more uncertainty and failing in its duty to protect the crypto community.

Order Book Sharing Ban Could Shake South Korean Exchanges to the Core

New government regulations that will force South Korean crypto exchanges to cease order book sharing with overseas trading platforms could have a seismic effect on the crypto players in the country - and the issue is reportedly the main reason why major player Binance is set to close down its Binance Korea operations next month and only four out of 77 exchanges on

Nomura and Ripple Partner SBI Holdings Support XRP, Reject Token’s Categorization as Security

As XRP continues to plummet in value due to Ripple’s turmoil with the US Securities and Exchange Commission (SEC), the token seems to find some support in Japan, as crypto exchanges in the nation have refused to delist it.

Ethereum Whales' on Exchanges Continue to Shrink, Addresses with at Least 0.01 ETH Coins Hit ATH

Ethereum whales’ holdings on crypto exchanges are diminishing, suggesting that they are being moved to cold wallets.

South Korean Crypto Exchanges Prepare for Order Book Sharing Shutdown

Source: Adobe/Андрей К A number of South Korean crypto exchanges are ceasing policies that see them share order books with overseas exchanges in preparation for the promulgation of a new crypto law that comes into force early next year. As reported, a series of amendments to a financial law will take effect in March, and is set to transform the way exchanges (previously unregulated) go

Coinbase To Suspend Ripple Trading: XRP Down 60% In 10 Days

After Bitstamp and other crypto exchanges, the US based giant will suspend Ripple trading following the recent lawsuit by the SEC.

Crypto Listing and Delisting Announcements: Week 52

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Atomars Listings: Uniswap (UNI) Sushi (SUSHI) Dfi.Money (YFII)

List of Crypto Exchanges to Delist XRP Grows, as Bitstamp Halts XRP Trading

XRP’s price has been trading at lows of $0.28 and will likely plummet further as more and more crypto exchanges delist it.

4 Crypto Platforms Drop Support for XRP As Coinbase Reportedly Explores Its Options

Four crypto exchanges are suspending support for XRP.

Israeli Tax Authorities Notify Cryptocurrency Owners to Disclose Their Holdings for Taxation Purposes

The revenue collector, the Israel Tax Authority (ITA) has reportedly sent notifications to dozens of Israelis who own digital currencies asking them to fully disclose their assets and be taxed accordingly.

XRP Price Slumps as SEC’s Ripple Lawsuit Worries India’s Crypto Exchanges

US lawsuit against Ripple blockchain company worries crypto exchanges in India.

Coinbase, Other Big Exchanges ‘Between Rock and a Hard Place’ on Delisting XRP

The question of whether or not to delist XRP isn’t a black-and-white one for crypto exchanges.

Ripple XRP Crashes by 40% as Crypto Exchanges Halt XRP Trading

Cryptocurrency XRP has tanked by 40% following the US Securities and Exchange Commission’s lawsuit against Ripple, with over (Read More)

Polish Crypto Miner Prepares Its Services For South Korean Gamers

Source: Adobe/Pixel-Shot After obtaining a license to operate in Malta, Polish company GamerHash is pursuing its international development plans, aiming to launch its token on one of the leading crypto exchanges in Asia, and establish operations in South Korea. The firm’s expansion to Malta allowed GamerHash to raise around USD 2.8m by selling its gamercoin (GHX) token.

FinCEN Self Hosted Wallet Proposal Draws Fire From Crypto Exchanges

The CEO and Co-founder of Coinbase, Brian Armstrong, was the first to mention rumors of a clampdown on self-hosted crypto wallets.

US Exchanges Fight Treasury-FinCEN Proposal That Would 'Wall Off' The Poor

American crypto exchanges have begun a fightback against new Treasury-backed proposals that would seek to force trading platforms in the nation to report certain transactions to a state-appointed monitor. The plans in question were revealed on Friday and were met with an immediate backlash from industry organizations such as the Blockchain Association.

Crypto Listing and Delisting Announcements: Week 51

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Bilaxy: Listings: Spice (SPICE) Injective Protocol (INJ)

Bitcoin Pay Gets Traction in Venezuela While Crypto Gathers Pace in Argentina

Crypto adoption has ballooned in Venezuela and Argentina this year, claim industry players. In Venezuela, the CEO of one of the nation’s most active crypto exchanges, Cryptobuyer, has claimed that the unspecified number of bitcoin (BTC) payments made in the nation is doubling every month. Speaking in an interview with Criptonoticias, Cryptobuyer chief Jorge Farías also

It's here: Treasury proposes rule to monitor crypto going to self-hosted wallets

Many have called the long-rumored rules an existential threat to peer-to-peer transactions. The Treasury has released its long-awaited proposal to restrict money services businesses, including US-registered crypto exchanges, from dealing with self-hosted wallets. In a Friday evening announcement, the Treasury's Financial Crimes Enforcement Network, or FinCEN, announced proposed rules requiring registered crypto exchanges to verify the "identity of their customers, if a counterparty uses an unhosted or otherwise covered wallet and the transaction is greater than $3,000."  The rule is currently just a proposal.

When Bitcoin breached $20,000, Binance and Coinbase experienced technical issues

Some users of two major crypto exchanges - Binance and Coinbase - reportedly experienced technical issues and were unable to log in to their accounts on the exchanges.

US authorities eager to deter citizens from unregistered crypto exchanges

Pressured by US authorities, more foreign exchanges are blocking American investors, but are vague US regulations the real problem? Many overseas cryptocurrency exchanges would be happy to have US traders as clients, but these days, American residents might as well have a sign around their necks reading “Danger: high voltage!” That’s been the case since Oct.

Crypto Listing and Delisting Announcements: Week 50

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Binance Listings: Aavegotchi (GHST) dForce (DF)

Flash Loan Attack: Origin Protocol Unveils Compensation Plan that Excludes Founders

The Origin Protocol team has unveiled a compensation plan for its depositors who were adversely affected by the flash loan attack in November.

Crypto Exchanges to Spend 2021 Focusing on DeFi, UX, and New Services

After cryptoassets themselves, exchanges are arguably the most important part of the crypto ecosystem.

Bitcoin Balance on Exchanges Falls to July 2018 Lows

Bitcoin continues to depart crypto exchanges, with a sudden uptick in withdrawals in the last week.

Coinbase-Backed Bitso Raises $62M to Expand Crypto Footprint in Brazil

Latin American crypto exchange Bitso has raised a whopping $62 million funding round, the largest in the region for a digital asset firm.

Kraken’s Ethereum 2.0 Staking Service Is a Success, With More Than 100,000 ETH Secured

US-based Kraken has been among the crypto exchanges that has welcomed Ethereum 2.0 staking with open arms.

Crypto Exchange Trading Volumes Hit a Monthly High of $348 Billion in November

New data by CoinGecko reveals that the monthly trading volumes across crypto exchanges surged to an all-time high of $348 billion in November.