Exchanges

Recently, a special adviser to Nigerian President Bola Tinubu, Bayo Onanuga, publicly accused Binance of manipulating exchange rates in Nigeria and taking over the role of the Central Bank of Nigeria (CBN). Onanuga’s statement on social media caused a stir in the Nigerian cryptocurrency community, with calls for regulatory action against platforms like Binance. The
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Coinbase’s non-US exchange recently achieved a significant milestone by surpassing $1 billion in daily trading volume on February 20th. This achievement was highlighted by Coinbase International Exchange, which reported that its perpetual futures exceeded the $1 billion mark in notional contract volume traded. This success was acknowledged by Coinbase CEO Brian Armstrong, who emphasized that
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Recently, Binance made the decision to discontinue its trading and subscription services for leveraged token offerings, which include Bitcoin, Ethereum, and its BNB Coin. Effective Feb. 28, users will no longer be able to trade these leveraged tokens and subscription services will be halted. The affected tokens include BTCUP and BTCDOWN, ETHUP and ETHDOWN, and
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In a significant move to enhance accessibility for self-custody users seeking to purchase cryptocurrencies, leading self-custody wallet Ledger has teamed up with Coinbase. The collaboration aims to simplify the crypto purchasing process and broaden access for new users. The integration of Coinbase Pay into Ledger Live brings a seamless pathway for Ledger users to purchase
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Coinbase, the popular cryptocurrency exchange, has recently lifted the freeze on Debt Box’s assets. This decision comes after Coinbase discovered discrepancies in the Securities and Exchange Commission’s (SEC) representation of its case against the firm. In a social media post, Paul Grewal, Coinbase’s chief legal officer, criticized the SEC’s flawed actions and lack of immediate
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South Korea’s Financial Intelligence Unit (KoFIU) has recently unveiled a comprehensive plan to strengthen its oversight of the cryptocurrency industry. This move aims to enhance financial regulation and ensure consumer protection in the rapidly evolving digital asset market. The new measures, formulated after extensive consultations with industry stakeholders and policy advisors, include stricter operational standards
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Hong Kong’s Securities and Futures Commission (SFC) and local law enforcement have issued a joint warning to the public regarding a fraudulent entity pretending to be the legitimate crypto exchange MEXC Global. This scam involves luring unsuspecting victims into a crypto investment scheme through social media and instant messaging platforms. The scammers use web domains
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