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CoinDCX Acquires BitOasis to Expand Global Crypto Footprint
3.7.2024
Indian cryptocurrency exchange CoinDCX announced on Wednesday that it has acquired Dubai-based trading platform BitOasis. This acquisition comes as the Indian crypto market faces regulatory headwinds. It also marks the exchange’s first expansion into the Middle East and North Africa (MENA)...
Coinbase and Stripe partner to accelerate global crypto adoption
28.6.2024
Coinbase has announced a partnership with Stripe. The idea is to fuel the global adoption of cryptocurrencies and blockchain technology. Both companies will bring their strengths to the table to cement the collaboration. For instance, Stripe has committed to add USDC on Base to their crypto payouts...
Bybit Rises to Second Place in Global Crypto Exchange Rankings, Kaiko Report Reveals
25.6.2024
According to a recent report by Kaiko, Bybit has surged to become the world’s second-largest cryptocurrency exchange by volume, overtaking Coinbase and closely trailing Binance. This climb is attributed to significant increases in market share following the launch of spot bitcoin...
Financial Stability Board Emphasizes Need for Global Crypto Regulation to Prevent Arbitrage
18.6.2024
The Financial Stability Board (FSB) Plenary met in Toronto on June 14 to discuss various financial stability issues. Key topics included the financial stability outlook, lessons from the March 2023 banking turmoil, and enhancing the resilience of non-bank financial intermediation (NBFI). The...
Global Crypto Ownership Reaches 562 Million: 6.8% of World Population Now Own and Use Digital Currencies
1.6.2024
A new report reveals that 562 million people globally now own digital currencies, an increase from 420 million in 2023, making up 6.8% of the world’s population. Asia is at the forefront of this growth, with North America close behind. Overall, cryptocurrency adoption is rising worldwide...
HTX Exchange Surpasses Coinbase In Spot Trading Volumes
28.5.2024
On May 27, HTX passed US-based Coinbase in daily spot trading volumes for the first time, marking a significant milestone. This development underscores HTX's increasing market presence and impact, signalling a significant shift in the global crypto trading platform hierarchy.
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Russian Traffic to Global Crypto Exchanges Surges; Central Bank Warns of Western Sanctions Risk
28.5.2024
The surge in Russian traffic to global cryptocurrency exchange platforms in the last two quarters has prompted officials to issue a warning about the risk of Western sanctions. According to a central bank study, Russian traffic to some of the largest crypto exchanges increased by 16.4%, reaching...
Swiss leaders plan to enforce global crypto reporting framework
16.5.2024
Switzerland plans to adopt global standards for crypto tax reporting, joining the Crypto-Asset Reporting Framework (CARF) to improve transparency
Crypto Exchange OKX Officially Debuts in Australia
14.5.2024
With the launch, OKX claims to be the largest global crypto exchange offering direct AUD deposits and withdrawals to Australians.
The post Crypto Exchange OKX Officially Debuts in Australia appeared first on Cryptonews
Hong Kong will possibly become the hub of global crypto firms
7.5.2024
As crypto regulators in the US step up their scrutiny of the industry, crypto companies and founders are seeking for more welcoming environments abroad to fuel their expansion. Notably, global crypto firms and entrepreneurs are relocating to Hong Kong for opportunity and refuge. The crypto industry...
Class Action Lawsuit Claims Coinbase Operates as Unregistered Broker
5.5.2024
A new class action lawsuit was initiated against the San Francisco-based cryptocurrency exchange Coinbase on May 3. The legal action claims that Coinbase deliberately sold securities that are unregistered with regulatory authorities. Additionally, the lawsuit charges Coinbase with operating as...
South Africa’s FSCA Confirms Licenses to 75 Crypto Service Providers
23.4.2024
South African regulator - Financial Sector Conduct Authority (FSCA) - has granted crypto license to 75 institutions including global crypto exchanges Luno and VALR.
The post South Africa’s FSCA Confirms Licenses to 75 Crypto Service Providers appeared first on Cryptonews
South Korean Won Overtakes US Dollar as Top Currency in Global Crypto Trading for Q1 2024
17.4.2024
In the first quarter of 2024, the South Korean Won surpassed the US dollar as the leading currency for global cryptocurrency trades, with a cumulative trade volume of $456 billion according to research firm Kaiko, reflecting a growing speculative interest in risky crypto assets in South Korea....
For Crypto, the Global Regulatory 'Olympics' Has Already Begun
3.4.2024
Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief
28.3.2024
Globally, less than 30% of jurisdictions have started regulating the crypto sector as of June 2023, the Financial Action Task Force (FATF) President T. Raja Kumar told CoinDesk in an interview from Singapore
Solana Takes Crown as Top Blockchain Ecosystem of the Year: CoinGecko
22.3.2024
Solana (SOL) has seized the spotlight as the leading blockchain of the year, commanding nearly half of global crypto investor attention in chain-specific narratives, according to CoinGecko.
The post Solana Takes Crown as Top Blockchain Ecosystem of the Year: CoinGecko appeared first on Cryptonews
Crypto Gurus Snap Up Viral Meme Coin Pre-Exchange Listing for Early Edge
21.3.2024
With global crypto adoption continuing apace, investors are buying up Sponge (SPONGE) before it gets listed on major exchanges in the hope that they’ve found the next viral Web 3 meme coin. SPONGE is a Web3 project that comes with its own staking and video gaming community. In the coming...
British Virgin Islands Sets Sights on Becoming Global Hub for Digital Assets
20.3.2024
The British Virgin Islands (BVI) is aiming to become a major hub for digital asset activities. To achieve this, the territory is working to execute rules and systems that would enable participation in the expanding digital asset market.
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Meme Coin success: Koala Coin (KLC) captures global crypto interest, including Stellar (XLM) & Dogecoin (DOGE)
20.3.2024
At the forefront of a significant shift in the cryptocurrency scene, Koala Coin is making waves as it gears up for its highly anticipated presale. Currently positioned at stage 1 with an enticing price of $0.014, Koala Coin (KLC) transcends the typical digital currency framework by promising...
Crypto Gains Surpassed $37.6 Billion in 2023: Chainalysis
14.3.2024
Global crypto gains reached $37.6 billion in 2023 following substantia losses in 2022, blockchain intelligence firm Chainalysis reveals in a new report released Thursday. The latest data is a promising sign for the crypto industry amidst bitcoin's dramatic rally.
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