Cryptocurrency exchange Coinbase UK has recently introduced a risk-acknowledgment form to comply with the Financial Conduct Authority’s (FCA) new financial promotions regulations. This move comes in response to the FCA’s efforts to protect individuals within its jurisdiction from the inherent risks associated with the emerging industry. However, Coinbase is not the only exchange facing these
Exchanges
In a recent statement, crypto exchange Binance declared its intention to potentially delist three privacy tokens, namely Zcash (ZEC), Monero (XMR), and Horizen (ZEN). The exchange justified this decision by explaining that these tokens no longer meet its listing criteria, and as a result, it has placed a “Monitoring tag” on them. Alongside these privacy
Binance, once the dominant player in the cryptocurrency exchange market, has experienced a significant decline in its market share. According to data from the Paris-based crypto intelligence platform Kaiko, Binance’s market share dropped to 44.5% in the past year. This decline marks a stark contrast to the previous three years, where Binance saw a steady
Crypto exchange OKX recently made an announcement regarding new requirements to comply with regulations set forth by the U.K. Financial Conduct Authority (FCA). Starting on January 8th, users in the U.K. will be required to complete two questionnaires in order to continue using the platform. These questionnaires are designed to assess users’ understanding of crypto
Ping Exchange has emerged as a game-changer in the crypto trading landscape, introducing a revolutionary integration of CorePass ID for user authentication. This cutting-edge trading platform is taking the industry by storm with its unique approach to decentralized digital identity, transforming the user experience and ensuring secure and efficient transactions. Unlike traditional login methods that
Bitfinex, a leading cryptocurrency exchange, has released its year-end Alpha report, boldly predicting that the total market capitalization of the cryptocurrency market will double from its current value of $1.6 trillion to a staggering $3.2 trillion. Despite challenges faced in 2023, including regulatory hurdles and reputation concerns, Bitfinex remains optimistic about the resilience and potential
The recent announcement by cryptocurrency exchange OKX regarding the delisting of privacy-focused cryptocurrencies, such as Zcash (ZEC) and Monero (XMR), has caused a significant decline in their prices. This decision was made due to these cryptocurrencies’ failure to align with the exchange’s listing criteria. As a result, the entire sector of privacy coins experienced a
India’s Financial Intelligence Unit (FIU) has recently implemented strong measures against nine offshore Virtual Asset Service Providers (VASPs) for failing to comply with India’s Anti-Money Laundering and Counter Financing of Terrorism (AML-CFT) laws. This move marks a significant step forward in India’s efforts to regulate the rapidly evolving virtual asset sector. Major players in the
Coinbase International Exchange recently announced that it has set leverage limits to 10X on its perpetual future contracts. While this may sound exciting for traders, it is important to understand the risks and limitations associated with such high leverage trading. In this article, we will dive deeper into Coinbase International’s leverage limits and explore the
Investing in cryptocurrencies can be a daunting task, and traders often rely on various metrics to make informed decisions. One such crucial metric is exchange balance data, which provides valuable insights into investor behavior. Understanding exchange balance data is vital for gauging market sentiment and predicting price trends. Exchange balance data refers to the amount
