News by results: Exchanges

Huobi founder looking to sell shares amid company downsizing

Huobi's founder Leon Li is reportedly looking to sell his stakes at Huobi as the exchange faces difficulties from banning China users.

Major South Korean crypto exchanges delist Litecoin

Crypto regulations in South Korea require exchanges to enforce strict KYC and AML guidelines and major crypto exchanges have delisted privacy coins in the past as well.

Binance Bolsters Security Measures By Tightening KYC and Sanctions Screening

To ensure the sanction compliance and save the platform from the potential risk posed by illicit transacting of crypto, the well-established cryptocurrency exchange Binance has partnered with two firms, including analytical data firm Kharon and cloud-native screening provider Neterium.

Arthur Hayes to serve 2-year probation owning up to BitMEX’s AML mishap

Despite the imminent possibility of serving jail time, proactively owning up to the allegations resulted in Hayes being sentenced to six months of house arrest and two years of probation.

Will Terra LUNA Go Extinct After Being Delisted By Binance, Bybit And eToro?

Some projects have been more severely impacted by the bear market than others. However, no coin has endured greater hardship than LUNA, the governance token underlying the Terra ecosystem.

Elon Musk Secures $7 Bn In Funding From Sequoia, Binance, And Other Investors To Back Twitter Bid

A group of investors, including Sequoia Capital, Andreessen Horowitz, Binance and Fidelity 89 has invested over $7 billion to back Elon Musk’s $44 billion takeover of Twitter.

Binance Regional Head Agreed to Hand Client Data to Russia After Meeting – Reuters

A local representative for the major crypto exchange Binance has reportedly met with Russia’s financial intelligence unit, Rosfin, with officials asking the exchange to hand over client data to “help them fight crime.” Permission to hand over data was granted by a regional head of the exchange, Reuters reported today.

National Bank of Ukraine Temporarily Bans Cross-Border Crypto Purchases With Hryvnia

The central bank of Ukraine has introduced additional restrictions on international transactions that will prevent Ukrainians from buying crypto assets abroad with the national fiat. The measures are intended to reduce capital outflow amid an ongoing military conflict with Russia.

Belarusian crypto exchange stops trading for Russians over war in Ukraine

The Belarusian crypto exchange Currency.com announced on Tuesday they will put a halt on trading on behalf of Russian citizens following Russia’s invasion and war in Ukraine.

Crypto Listing and Delisting Announcements: Week 15

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.

Binance receives in-principle approval to operate in Abu Dhabi

The in-principle approval from the Abu Dhabi Global Market allows Binance to operate as a broker-dealer in digital assets including cryptocurrencies.

NFTs In A Nutshell: A Weekly Review

NFTs are certainly in Snoop Dogg’s vocabulary. OpenSea is opening the flood gates to a potential new audience, accepting credit cards and Apple Pay. And Binance’s CEO thinks that those of you buying NFTs have lost your mind.

Binance Signs As Crypto Partner For The Grammy Awards

Binance, the world's largest crypto exchange operator in terms of trading volume, has become the first-ever official crypto exchange partner of the Grammy Awards for music.

The SEC requires crypto exchanges to expose their customers’ assets

Yesterday, the SEC said crypto platforms should treat customer holdings in custody as their own assets and include them in their balance sheets.

Binance Launches Binance Bridge 2.0, Fusing CeFi With DeFi

Binance has just unveiled Binance Bridge 2.0, which will allow for the connection of traditional crypto-based centralized finance products (CeFi) with decentralized finance (DeFi) products. The tool will enable users to securely bridge assets from any blockchain to its on BNB Chain (formerly known as the Binance Smart Chain).

Coinbase To Acquire Brazil’s Largest Crypto Exchange In Latest Deal

According to local reports, Coinbase Global is in talks to acquire 2TM, which is the parent company of Brazil’s largest crypto exchange - Mercado Bitcoin.

Coinbase Makes Changes to Services in Canada, Japan, Singapore to Comply With Local Crypto Regulations

The Nasdaq-listed cryptocurrency exchange Coinbase has made some changes to its services for customers in three countries. “This change will only impact users in Canada, Singapore, and Japan who are transferring digital assets from their Coinbase exchange wallet to a wallet off the Coinbase platform.”

Another Regulatory Challenge for DeFi, Exxon Mobil Mines Bitcoin + More News

Regulation news The International Organization of Securities Commissions (IOSCO) established a new task force "to take timely and coordinated policy action to appropriately address the risks arising from" DeFi. IOSCO said it doubts that DeFi is a peer-to-peer marketplace with no centralized insiders in control. "By looking in detail at how DeFi works, it identifies central actors who <...> often retain control – for example, through the distribution of "governance tokens,"" they said, adding that "it also highlights the important role played by centralized trading platforms who often face substantial conflicts of interest."

S Korean Market Regulator Wants to Label Upbit, Bithumb ‘Large Conglomerates

South Korea’s biggest crypto exchanges are set to be regulated by the nation’s conglomerates regulator – a sign they have grown from relative obscurity into mega-companies in the space of just a few years. But the regulatory move would also ramp up scrutiny on what is already a heavily policed industry.

Binance Shuts Down Ontario Users From Its Platform – Will It Restrict Other Canadian Provinces?

Binance has bid Ontario adios. The dispute between cryptocurrency exchange Binance and Ontario’s financial regulator has concluded, with the company formally agreeing to cease operations in the Canadian province.