As per the latest reports, the regulatory authority based in Ontario, Canada has alleged the operator of OKEx for violation of securities. The regulatory authority that has taken action against OKEx’s operator is the Ontario Securities Commission (OSC). The name of the operator responsible for operating OKEx is Aux Cayes FinTech Company Limited. The report…
Former IRS Director Greg Mohan Karan Leng has been replaced by Binance Financial Services Manager. The exchange announced Wednesday that Binance Exchange Cryptocurrency has already hired a US treasurer to oversee the work of combatting Money Laundering. Mohan spent nearly 20 years in the Treasury’s criminal investigation department before replacing Kareena Ling as head of…
Crypto tax law proposed in Iran by the Iranian National Tax Administration (INTA) which plans to generate tax from the cryptocurrency exchanges doing business in the territories of Iran. INTA also urges the Iranian Government to legalize crypto exchanges, their services, and activities on the pretext that the restrictions may substantially reduce the targeted tax….
A new feature called “Cash Back to Crypto” has been successfully incorporated in PayPal’s famous crypto app Venmo which lets the users, holding credit cards, enjoy the facility of purchasing four major virtual assets automatically without being charged of any transaction fee by PayPal. On 10th August 2021 (Tuesday) PayPal made a fresh announcement informing…
The lawsuit between Ripple and the SEC (Securities and Exchange Commission) now involves Binance (the leading crypto exchange) in the case. Brad Garlinghouse, the CEO of Ripple, stated that Binance carries the relevant documents regarding the lawsuit. In the latest filing with the New York’s Southern District, the legal group of the Garlinghouse has requested…
The globally recognized decentralized exchange ‘Uniswap’ has declared the exclusion of a lot of tokens out of the interface of its application. On July 23rd, an announcement was made by Uniswap Labs, which emphasized the removal of tokens only from the interface of the application as well as the protocol is still immutable. Uniswap Labs,…
Changpeng Zhao, CEO of Binance, while coming to the rescue of his firm, announced that his firm wants to be a licensed crypto exchange and trade platform in each and every jurisdiction of the world. He informs further that from here onward, Binance would want to become a financial institution. Faced with the warnings of…
Quoting the crypto industry association of Kazakhstan, local media reported that companies that provide trading services for digital currencies will now be able to open accounts with the banks in the country. Thanks to this service, citizens will be able to legally invest in cryptocurrencies and will have no trouble in cashing their profits. The…
Coinbase recently integrated itself with Polygon’s Network in an attempt to adopt the layer-two scaling methods and technologies, which many institutions are working hard to fully embrace these days. The announcement had come yesterday on the 13th of July when the popular American cryptocurrency exchange revealed that the highly-coveted Polygon Network has now been added…
PayPal was busy lately doing some changes in its crypto trading services and in these efforts, it has decided to extend the weekly crypto purchase limit to US$ 100,000 per week. Also, the annual crypto purchase limit has been permanently removed for encouraging more crypto sales at the crypto trading platform. Also makes a statement…
The process requiring crypto exchanges to obtain has already begun in Portugal. Already two of the local crypto exchanges have been granted licenses by the Banco de Portugal – the central bank of Portugal. The responsibility for granting operation licenses, registration, and permits to crypto exchanges was handed over to Portugal’s central bank. The government…
According to recent reports, TSB is going to take actions that will prevent its clients from buying crypto from Binance and Kraken because of the abysmal safety standards of the crypto exchanges. Many banks are making it impossible to buy crypto primarily because of fraud and security concerns. TSB is deeply concerned by the high…
HitBTC has released an announcement on a new native utility token named HIT to come forth for trading on the exchange. According to information gathered, the HIT token contains more than 800 trading pairs and spot instruments. HitBTC is very optimistic about the launch of this new native Token and has expected it to lay…
Yesterday, on 19th June 2021, the Lightning Network (LN) observed an increase in capacity to over 1500 BTC. The Lightning Network (LN) has undergone massive expansion after it was adopted by the bitcoin community in the last year. The surge in capacity shows that the users are comfortable in using the Lightning Network (LN). They…
Despite the latest corrections, fundamental indicators show that Ether might maintain its bullish attitude. After its highest value in May, $4,384, ETH decreased by over 40% as of 1st June. The drastic decline by the second-leading crypto had market players predicting more declines. For example, ADVFN CEO Clem Chambers views the current ETH/USD dip as…
Coinbase Launched in 2012, Coinbase is a legit crypto exchange platform that you can rely on for lucrative cryptocurrency services. You can use this exchange to store, sell and purchase digital coins securely. Within their trading platform, you will access multiple features that attract crypto enthusiasts from different places of the globe. After all, what…
Coinbase Review If you want to trade, buy or sell cryptos, it is vital that you have the backing of a reliable crypto platform that has a strong reputation in the market and supports several trading instruments as well that you can invest in. If you are looking for a crypto trading platform that ticks…
Bisq Review Lately, in the trading world, the Bisq network has become quite famous amongst people. If you are not already aware of what it is, Bisq is a peer-to-peer, open-source application that enables users to sell and buy cryptos in exchange for other cryptos like fiat money. The Bisq exchange has garnered a strong…
Binance Review Buying and selling cryptos on trading platforms has become a very popular activity lately. If you would like to jump on this bandwagon yourself, I would suggest that you choose a suitable online trading platform that has a golden reputation for crypto trading. One such example is the Binance platform that thousands of…
DXCBIT Review Every online broker you check out will only add to your confusion when you are searching for one to use for your trading needs. They all promise you the best services out there and with similar offerings, it can lead to a great deal of confusion. Most people decide to go with a…
