Tag: Exchanges

An analysis of South Korean and Japanese cryptocurrency exchange growth

An analysis of South Korean and Japanese cryptocurrency exchange growth

Quick Take High-entry barrier markets in North East Asia are the next likely candidates for expansion of western cryptocurrency exchange growth. Many of the featured exchanges had to overcome heavy regulatory scrutiny due to several high profile hacks and have only recently begun to expand internationally. This research piece is available to members of The […]

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Could the FATF’s geographic ‘red flags’ for crypto reshape the exchange landscape?

Could the FATF’s geographic ‘red flags’ for crypto reshape the exchange landscape?

Quick Take The crypto exchange world is inching closer to operating under the FATF’s “travel rule” for sharing customer information between them. One possible outcome: an ecosystem split along regulated and unregulated lines. This feature story is available to subscribers of The Block Daily. You can continue reading this Daily feature on The Block.

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Chainalysis hits BitMEX with ‘high risk’ warning

Chainalysis hits BitMEX with ‘high risk’ warning

Chainalysis, the influential cryptocurrency investigations firm, has slapped futures exchange BitMEX with a “high risk” label. On October 5, Chainalysis contacted its clients — which include government agencies, banks and exchanges — to advise them that it will consider BitMEX a “high risk exchange” from October 13 onward. Those using the company’s transaction monitoring tool, […]

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Cryptowisser: 75 Crypto Exchanges Dead in 2020 – More Will Follow

Cryptowisser: 75 Crypto Exchanges Dead in 2020 – More Will Follow

5th October 2020, leading Crypto service comparison site – Cryptowisser, announces its Crypto exchange graveyard. The detailed page lists and explains the many crypto exchanges (largely centralized exchanges) that have disappeared, expired or collapsed this year, giving an insight into the volatile and competitive crypto exchange industry. There was a 56% increase of dead crypto […]

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Kucoin CEO Says Exchange Hack Suspects ‘Found,’ $204 Million Recovered

Kucoin CEO Says Exchange Hack Suspects ‘Found,’ $204 Million Recovered

According to the Kucoin exchange CEO Johnny Lyu, the trading platform has recovered $204 million in crypto assets since October 1. The exchange executive says the hacking suspects have been “found” and the “police are officially involved” in order to take action.On September 25, 2020, the crypto community found out that the Kucoin exchange was […]

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Cryptocurrency exchanges generated over $169B in trading volumes in September

Cryptocurrency exchanges generated over $169B in trading volumes in September

Cryptocurrency exchanges in The Block’s legitimate volume index reported over $169 billion in volume for the month of September. Last month was the second-highest trading volume month in 2020, as shown in the data below. The largest exchange by trading volume continues to be Binance, which generated $113B in volumes — taking up 66.8% of […]

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Crypto Exchange Coinbase Hands Over Customer Data to UK Tax Authority

Crypto Exchange Coinbase Hands Over Customer Data to UK Tax Authority

Coinbase is handing over customer data to the British tax authority, Her Majesty’s Revenue & Customs (HMRC). The measure affects customers with a U.K. address who received more than £5,000 ($6,450) worth of cryptocurrency during the 2019/20 tax year.On Oct. 2, Coinbase sent an email to its U.K. users advising them that it will share […]

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Zimbabwe’s Stock Exchange Open to Crypto Listing Subject to ‘Regulatory Approval’

Zimbabwe’s Stock Exchange Open to Crypto Listing Subject to ‘Regulatory Approval’

Zimbabwe Stock Exchange (ZSE) CEO Justin Bgoni says its recently licensed subsidiary, the Victoria Falls Stock Exchange is open to listing bitcoin and other cryptocurrencies. However, according to local media reports, any such listings are still dependent on the digital asset issuers getting “regulatory approval.” The report does not provide any details of requirements that […]

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