Exchanges

Coinbase, a leading cryptocurrency exchange, has recently come under fire for its clash with the Securities and Exchange Commission (SEC). The SEC’s rejection of Coinbase’s rulemaking petition has been met with strong criticism from the exchange, labeling the decision as “arbitrary and capricious.” Coinbase’s argument hinges on the need for clear regulations and compliance guidelines
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Coinbase, the leading US-based cryptocurrency exchange, has experienced a significant increase in its market share following the launch of several spot Bitcoin exchange-traded funds (ETFs) in January. This surge in market dominance has led analysts at Goldman Sachs to upgrade their rating on Coinbase shares from selling to neutral. The bank analysts cited the surge
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Cryptocurrency exchange Binance recently announced its decision to discontinue all services associated with the Nigerian local fiat currency, Naira (NGN), in a phased approach. This move caught many users by surprise as they were informed that they would no longer be able to access various NGN-related services, including deposits, withdrawals, conversions, spot trading, P2P, Auto-invest,
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There have been reports claiming that the Nigerian government is contemplating levying fines as high as $10 billion on Binance, a popular cryptocurrency exchange. According to local media outlets, Bayo Onanuga, the special adviser to the Nigerian president, has accused Binance of profiting from facilitating illegal transactions within the African country. Onanuga stated that the
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