Category: crypto exchange

Head of Investigative Committee Calls for Mandatory Identification of Cryptocurrency Users in Russia

Head of Investigative Committee Calls for Mandatory Identification of Cryptocurrency Users in Russia

Russians who use cryptocurrency should not be anonymous, the man who chairs Russia’s federal investigating authority has recently stated. The official leading efforts to fight corruption in the government called for additional regulations, including the introduction of mandatory identification for those who transact with digital coins. Anti-Corruption Official Pushes for Rules to Mitigate Risks of […]

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India’s Leading Crypto-Exchange WazirX Finally Responds to Tax Evasion Allegations

WazirX, a Binance-owned Indian cryptocurrency exchange, was recently found to be defaulting in its tax to the Indian government. Following a visit from the officers of India’s Goods and Services Tax and Central Excise (CGST) department on Monday, WazirX was deemed to be Rs.40.5 crore (about $6 million) short on its tax payments. However, Zanmai […]

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Digital Currency Exchange Kraken Acquires Crypto Staking Firm Staked

Digital Currency Exchange Kraken Acquires Crypto Staking Firm Staked

The digital asset company Kraken announced it has acquired the non-custodial staking platform Staked for an undisclosed sum. While the sum of the purchase was not disclosed, the company claims that it was “one of the largest crypto industry acquisitions to date.” Kraken Acquires Non-Custodial Staking Firm Staked On December 21, Kraken announced that it […]

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Crypto exchange BitMEX unveils native BMEX token, plans airdrop for new and existing  users

Crypto exchange BitMEX unveils native BMEX token, plans airdrop for new and existing users

BitMEX crypto exchange is launching its native token dubbed BMEX, with airdrops scheduled for both existing and new users. The token will be unavailable in the US where the firm faced AML and KYC violation charges in 2020. Crypto exchange BitMEX is launching its new platform-native token, BMEX. According to the Tuesday announcement, airdropping of […]

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FTX US Becomes The Official Partner of 4 Washington DC Sports Teams

On Monday, Monumental Sports and Entertainment MSE announced its partnership with crypto exchange FTX US in a deal that will see the latter become its official crypto exchange and NFT partner. MSE Announces Partnership With FTX US Since MSE is the company backing the Washington Mystics women’s basketball team, the Washington Wizards men’s basketball team, […]

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Crypto Trading Platform Bitmex Reveals Exchange Token Called BMEX, Airdrop

Crypto Trading Platform Bitmex Reveals Exchange Token Called BMEX, Airdrop

The crypto trading platform Bitmex has announced the launch of its own native cryptocurrency called “BMEX,” following a slew of crypto platforms that have issued exchange tokens. According to the company, a user who registers and completes the KYC process will get five BMEX coins and ten tethers. Bitmex to Airdrop BMEX Tokens to Registered […]

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Bank of Russia Has Tools to Restrict Crypto Investments, Governor Hints

Bank of Russia Has Tools to Restrict Crypto Investments, Governor Hints

The Central Bank of Russia has reaffirmed its opposition to cryptocurrency investments citing the volatility of the digital assets as a key motive for its conservative stance. Governor Elvira Nabiullina has recently indicated that the regulator has the means to restrict them. Nabiullina Insists Bank of Russia Can Limit Investments in Crypto Assets Russia’s monetary […]

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Binance Developing Crypto Exchange in Indonesia

Binance Developing Crypto Exchange in Indonesia

Binance has formed a joint venture with a consortium led by Telkom Indonesia’s $830-million venture capital arm. Binance aims “to expand the blockchain ecosystem in Indonesia with the development of a new Indonesian-based digital asset exchange.” Binance Building Cryptocurrency Exchange in Indonesia Blockchain and cryptocurrency infrastructure provider Binance announced Wednesday that it has established a […]

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Crypto Owners in Serbia Reach 200,000 as Country Regulates Digital Assets

Crypto Owners in Serbia Reach 200,000 as Country Regulates Digital Assets

The number of cryptocurrency holders in Serbia has climbed to around 200,000 with interest in cryptocurrencies increasing alongside growing crypto markets. The country’s decision to legally recognize digital assets this year has also contributed to their increasing popularity. Law on Digital Assets Puts Serbia on Crypto Map Recently adopted regulations and genuine investor interest have […]

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NBA Legend Kevin Durant Joins Coinbase to Help Promote the Crypto Exchange’s Brand

NBA Legend Kevin Durant Joins Coinbase to Help Promote the Crypto Exchange’s Brand

American professional basketball player for the National Basketball Association (NBA) Kevin Durant, is joining Coinbase according to a recent report from Bloomberg. According to the report, Durant will appear as “a face of the brand” and will help promote the exchange’s advertising content. Kevin Durant Joins Coinbase NBA legend Kevin Durant, otherwise known as “KD,” […]

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