Crypto Exchanges

Highlights: A total of 204,772 BTC were withdrawn across major exchanges, signaling a market sentiment shift. Coinbase saw the largest withdrawal, followed by Binance, which experienced notable outflows. U.S. Bitcoin ETFs surged, with $6.7 billion in inflows from November 27-December […]

Highlights: Overseas cryptocurrency exchanges without proper registration are being warned by Japan’s FSA. New laws will prevent asset leakage if unregistered overseas cryptocurrency exchanges go bankrupt, protecting investors. Japan balances innovation and consumer protection, regulating unregistered overseas cryptocurrency exchanges and […]

Highlights: By surpassing $100 trillion in total trade volume, Binance breaks the record and firmly establishes its dominance in the industry. Binance’s dominant market position is highlighted by the fact that rivals like OKX and Bybit lag far behind it. […]

Highlights: Gemini will shut down all customer accounts in Canada by December 31, 2024. Canadian users must withdraw their assets within 90 days of the announcement. Increased regulations have led multiple exchanges to exit the Canadian market. The Winklevoss-founded crypto […]

Highlights: The Swedish Police Authority has accused crypto exchanges of money laundering. According to the FIU, some unregistered crypto exchanges are operating as PMLs. The financial regulatory body divided the PMLs into four categories, citing some distinct characteristics. The Swedish […]

Highlights: Germany seized 47 crypto exchanges for violating anti-money laundering regulations. The operators are accused of concealing the origins of criminally obtained funds on a large scale. The crackdown aligns with Germany’s broader strategy to combat cybercrime and strengthen regulations. […]

Highlights: Nigeria’s SEC will enforce actions against unregulated crypto exchanges, emphasizing investor protection and regulatory compliance. Only exchanges meeting Nigeria SEC’s stringent regulatory standards will be granted approval to operate in the country. The crackdown aims to safeguard investors, encouraging […]

Highlights: South Korean regulator plans to inspect crypto exchanges and wallets for illegal transactions and compliance issues. The probe will involve two major South Korean exchanges. The FSS aims to identify and eliminate fraudulent or illegal transactions South Korea’s Financial […]

Highlights: Russia aims to start crypto payment trials in the coming days. The new update closely followed an early debunk statement from the Russian Stock Exchange, clarifying its stance on the crypto exchanges’ development. Other countries with dwindling economic status […]

Highlights: Russian Stock Exchange, SPVB has refuted earlier claims, speculating that crypto exchanges will soon roll out in the country. SPVB reiterated its commitment to product and service deliveries in the money and stock markets. Some regions in Russia are […]

Highlights: Russia unveils plans for dual crypto exchanges and stablecoins to aid borderless transactions. The stablecoins will cover the Yuan and BRICS payment system, underscoring a far-reaching target. Legal experts raised concerns about the initiatives’ regulation, with solutions to bypass […]

Highlights: South Korea sets supervisory fees for major exchanges under new Virtual Asset regulations to enhance market oversight. Upbit, due to its market dominance, will bear most of the fees, impacting its financial operations significantly. Despite operational losses, smaller exchanges […]