Regulation
Binance faces regulatory rebuke in Ontario, obtains preliminary approval in Bahrain
The world’s largest crypto exchange continues struggling to stay compliant, but it has seen some luck in the Middle East.
Timmy Shen
Lens
Cryptocurrency Exchanges
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Regulation
South Korea crypto exchange underdogs: Where are they now?
A regulatory hurricane swept away half of South Korea's crypto exchanges in 2021. Who are the survivors — and are there larger lessons for the rest of the world?
Danny Park
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Regulation
Binance to set up digital asset exchange in Indonesia with local telecom giant
Binance, the world’s largest cryptocurrency exchange, today announced that it has set up a joint venture with the venture capital arm of Telkom Indonesia, the country’s largest telecommunication company, to develop a new digital asset exchange there. Fast facts Binance said in a statement that it has teamed up with MDI Ventures — a US$830 […]
Timmy Shen
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Regulation
Binance’s Singapore entity pulls license application for local crypto exchange
Binance, the world’s largest crypto exchange, announced today that its Singapore entity Binance Asia Services has withdrawn its application to the Monetary Authority of Singapore (MAS) for a license to operate a regulated crypto exchange in the country, according to a company statement. Fast facts The exchange had operated in Singapore under an exemption that […]
Timmy Shen
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Regulation
Crypto exchange Coinhako secures investment from SBI, Sygnum, Azimut
Singapore-based cryptocurrency trading platform Coinhako has received backing from the SBI-Sygnum-Azimut Digital Asset Opportunity fund, with the fundraising round being three-times oversubscribed, according to a statement released today. Fast facts The fund is a venture capital fund co-managed by Japan’s SBI Group, Switzerland’s Sygnum Bank — which claims to be the world’s first digital asset […]
Timmy Shen
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Regulation
Kotak 1st major Indian bank to embrace crypto with WazirX partnership
Kotak Mahindra Bank, a leading private bank in India, has struck a partnership with crypto exchange WazirX, the Economic Times reported. Fast facts WazirX has opened an account with Kotak that can be used to pay and receive money from investors, according to the ET report. The account will be activated after the completion of […]
Monika Ghosh
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Regulation
South Korean regulator jumps to a crypto exchange
Experts expect more disruption as the crypto industry matures and a younger generation places different values on status and job security.
Danny Park
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Regulation
Bitget suspended over Army Coin, named after K-pop boy band BTS fanbase
Singapore-based crypto exchange had claimed the fan token would support BTS members — while the band’s agency denied any association with it.
Monika Ghosh
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Regulation
SEC chair Gensler calls stablecoins ‘poker chips’ again
Conversation between current and former SEC chairs at annual digital asset compliance summit focused on regulating crypto.
Jeanhee Kim
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Crypto Trading and Strategies
Crypto exchange Bullish announces soft launch
Initial operations are available to invited institutional investors including Hong Kong crypto finance service provider, Amber Group.
Jeanhee Kim
