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Bithumb Terminates Trademark Agreements With 2 Foreign-Based Exchanges

18.7.2021
Leading Korean crypto exchange Bithumb is terminating its trademark agreements with two coin trading platforms operating abroad under its brand name. The move comes as digital asset exchanges in South Korea prepare to comply with the country’s stricter regulations for the industry that will...

Hong Kong Regulator Warns About Unregulated Cryptocurrency Trading Platforms and Binance

18.7.2021
Hong Kong’s Securities and Futures Commission (SFC) has issued a warning about unregulated cryptocurrency trading platforms, particularly Binance. The regulator said that the crypto exchange is offering the trading of “stock tokens.” The SFC issued a statement Friday warning...

Historically low spot volumes and investor indecision weigh on Bitcoin price

17.7.2021
Bitcoin price struggles to gain momentum as historically low spot volumes and a strengthening dollar result in widespread indecision from most traders

Binance Quits Stock Token Trading as Hong Kong Adds to Mounting Regulatory Pressure

17.7.2021
Cryptocurrency exchange Binance has announced it will no longer support the trading of stock tokens. The decision comes against the backdrop of an ongoing regulatory crackdown, with Hong Kong becoming the latest to declare that the platform is not licensed to provide such services in...

German Bank Comdirect Now Offers 11 Cryptocurrency ETPs in Savings Plan

17.7.2021
German bank Comdirect, with about three million customers, is now offering 11 cryptocurrency exchange-traded products (ETPs). “Comdirect has succeeded in significantly bridging crypto investments to retirement plans, something that our clients have longed for a while,” the bank said....

Bybit Extends Its Reach With Spot Trade Offering

17.7.2021
Adding to the exchange platform’s existing cryptocurrency derivatives products, Bybit will now offer spot cryptocurrency trading in four pairs, with additional pairs set to be rolled out in the near future. Bybit Adds Spot Trading The recent weakness in crypto prices and transaction volumes...

A decentralized app store might lead crypto toward more centralization

17.7.2021
On the inevitable journey into the mainstream, crypto might replace one gatekeeper with another. Are we ready for this sacrifice?

Report: Tweaks to South African Tax Filing System to Result in Decreased Crypto Arbitrage

17.7.2021
Reports from South Africa suggest that tax authorities have plugged a loophole on the online tax filing system that enabled crypto arbitrage traders to make several purchases on overseas cryptocurrency platforms using just one approval. As a consequence of these tweaks, crypto arbitrage traders...

DOJ Tells FBI and Others: ‘Stop Signing Appreciation Notes for Binance’

17.7.2021
The U.S. Department of Justice (DOJ) has requested federal agencies stop signing appreciation letters for Binance. The exchange used these letters as proof they are actively helping these agencies in criminal probes. However, this behavior seems to have bothered agents of these state organizations...

Data Shows Decentralized Finance Took a Hit in Q2 but Is Still Booming

17.7.2021
While decentralized finance took a hit in Q2, stats still show there is an important movement in these protocols. Data taken from Messari’s Q2’21 defi review show that decentralized exchanges are busy settling important numbers. Decentralized Finance Bruised but Still Up...

Crypto Exchange Korbit Charged for ‘Excessive Customer Data Collection’

17.7.2021
The South Korean crypto exchange Korbit has been hit with a fine over “collecting excessive personal data” from at least one of its customers. According to the news agency Yonhap, the exchange was fined just over USD 4,000 by a government watchdog for ordering a customer who had attempted...

Visa, Mastercard Monitor Binance’s Regulatory Compliance as More Regulators Scrutinize the Crypto Exchange

16.7.2021
Payments giants Visa and Mastercard say they are monitoring Binance’s regulatory compliance developments as more regulators come after the global crypto exchange for operating in their countries without authorization. Visa, Mastercard Monitoring Binance’s Regulatory Troubles Visa...

Position Exchange: The New Next-Gen Decentralized Trading and Exchange Platform

16.7.2021
PRESS RELEASE. Position Exchange’s Team is pleased to announce the launch of its new Decentralized Trading & Exchange Community driven platform. What is Position Exchange? Position Exchange is the new Decentralized Trading & Exchange platform, powered by a virtual Automated Market...

Success in DEX? Fast-growing crypto exchanges may hurt DeFi investors

16.7.2021
As DEXs continue to accrue billions of dollars in TVL within days of their launch, some question whether they are manipulating their numbers

Lithuania Issues Warning to Binance, Warns Investors Crypto Services Are Not Regulated

16.7.2021
Binance’s regulatory troubles continue with Lithuania being the latest country to issue a warning about the cryptocurrency exchange. Lithuania’s announcement came one day after Italy issued a similar warning. Lithuania Warns Binance Lithuania’s central bank announced Friday that...

Baanx BXX Token: 100% Increase on Its Debut

16.7.2021
PRESS RELEASE. BXX listed on the MEXC Global exchange, and jumped from $0.15 at listing, to $0.50, before settling down to the mid. $0.30s- a more then 100% increase over the course of its first few hours of trading. Pools are also now available on Uniswap 2.0 in both USDT and ETH. Imagine a world...

Brazil Approves First Latam Based Ethereum ETF

16.7.2021
Regulators from the CVM, the securities watchdog of Brazil, have approved the first Ethereum-based ETF in Latin America (Latam). The product, presented by blockchain investment company QR Asset, aims to simplify the task of getting Ether exposure for retail and institutional investors. It will...