Kraken Disagrees With SEC’s Claims of It Offering Securities
Kraken fired back at the US SEC to highlight that its approach to deeming digital assets as securities is flawed. US-based cryptocurrency exchange Kraken has taken a stand against the…
India Leads Global Crypto Adoption Despite Ban on Offshore Exchanges
India remains the leader in global cryptocurrency adoption despite regulatory challenges. The ban on offshore exchanges has not significantly reduced their usage in India, and regulatory adjustments are ongoing. In…
Hong Kong Aims for New OTC Crypto Services Regulations
If the new regime takes effect, the SFC will collaborate with the C&ED to oversee OTC services in Hong Kong. Financial hub Hong Kong looks to introduce a new regime…
SEC Throws More Charges Against Binance, Considers More Tokens as Securities
SEC increased the list of tokens it considers securities, bringing added enforcement action against Binance in an ongoing lawsuit. The US Securities and Exchange Commission (SEC) takes additional action against…
Binance Launches Hamster Kombat (HMSTR) on Launchpool with Trading Pairs
Binance Launchpool will include HMSTR farming beginning September 19, 2024. HMSTR trading begins on September 26th, with numerous trading pairs available. Binance revealed that Hamster Kombat (HMSTR) will be available…
CEX.IO Resumes UK Operations After 10-Month FCA Compliance Suspension
CEX.IO restarts UK operations and provides access to 190 digital assets following FCA compliance. The UK’s position as a worldwide digital hub is being strengthened through investments and policy assistance.…
South Korea’s Upbit to Launch Nervos (CKB) Today with KRW, BTC, and USDT Trading Pairs
Upbit, South Korea’s largest cryptocurrency exchange, has announced the launch of Nervos Network (CKB) on its platform. Starting today at 16:00, users will be able to trade Nervos in the…
Indodax Exchange Suffers $15.7 Million Exploit
Indodax, a leading cryptocurrency exchange based in Indonesia, has been hit by a significant security breach, leading to losses estimated at approximately $15.7 million. PeckShield, a cybersecurity firm, first identified…
Moscow Exchange (MOEX) Bows Out of Russia’s Crypto Trading Pilot Program
MOEX departs from Russia’s crypto pilot and focuses on other digital ventures. Russia promotes the digital ruble and proposes additional cryptocurrency exchanges to increase trading. The Moscow Exchange (MOEX), Russia’s…
Binance’s Tokocrypto Gains a PFAK License for Indonesian Expansion
Tokocrypto acquires a PFAK license, enhancing its regulatory status in Indonesia. Binance supports Tokocrypto’s expansion, which contributes to the company’s regional market leadership. Binance subsidiary Tokocrypto has reached a crucial…