crypto exchange

Bitrue Aims to Democratize Token Listing Rights by Opening Voting Power to Users

<div class=”featured_image_container”> </div> <strong>Digital asset exchange Bitrue is seeking to engage its user community directly by distributing decision-making power for adding new token projects after the listing team thoroughly vets them.</strong> Platform Advancing Further Voting Powers in Future Updates Blockchain’s innate ability to decentralize products and services has long been among its key value propositions, …

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Binance Is Hunting for a New CEO — Exchange’s US Venture ‘Looks at Potential IPO Route’

<div class=”featured_image_container”> </div> <strong>Binance CEO Changpeng “CZ” Zhao has explained in a recent interview that the company is looking to launch a U.S.-based initial public offering (IPO) in the future. The crypto exchange has been stuck in regulatory crosshairs during the last few weeks and has had issues with payment providers. CZ also noted during …

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FTX Closes $900 Million Series B — Capital Raise Pushes Exchange Valuation to $18 Billion

<div class=”featured_image_container”> </div> <strong>FTX Trading Ltd. announced the firm has closed the largest capital raise in crypto exchange history in a Series B funding round for $900 million. The financing gives FTX a valuation of around $18 billion and the crypto firm aims to expand its global presence.</strong> FTX Closes Largest Capital Raise in Crypto …

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Bithumb Terminates Trademark Agreements With 2 Foreign-Based Exchanges

<div class=”featured_image_container”> </div> <strong>Leading Korean crypto exchange Bithumb is terminating its trademark agreements with two coin trading platforms operating abroad under its brand name. The move comes as digital asset exchanges in South Korea prepare to comply with the country’s stricter regulations for the industry that will be enforced in September. </strong> Bithumb Global and …

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Binance Quits Stock Token Trading as Hong Kong Adds to Mounting Regulatory Pressure

<div class=”featured_image_container”> </div> <strong>Cryptocurrency exchange Binance has announced it will no longer support the trading of stock tokens. The decision comes against the backdrop of an ongoing regulatory crackdown, with Hong Kong becoming the latest to declare that the platform is not licensed to provide such services in its jurisdiction. </strong> Stock Tokens No Longer …

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Ukraine’s Monobank to Allow Customers to Trade Bitcoin

<div class=”featured_image_container”> </div> <strong>Monobank, a mobile bank operating in Ukraine, has announced new products and services that will allow users to trade cryptocurrencies and stocks. One of the offerings includes a bitcoin card which the online banking platform is going to launch as early as this month. </strong> Monobank to Offer Users Bitcoin Card and …

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Russia’s Famous Hermitage Museum Aims to Raise Funds With NFTs

<div class=”featured_image_container”> </div> <strong>The Hermitage Museum in Saint Petersburg is considering issuing NFTs for works of art from its rich collection and is holding talks with Binance on the matter. The museum’s management expects the tokens to bring extra funding, provided Russian authorities exempt NFTs from current digital assets regulations. </strong> Hermitage Museum in Talks …

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Binance’s Troubles Grow as Thailand Files Criminal Complaint — Similar Warnings by Cayman Islands, UK, Japan

<div class=”featured_image_container”> </div> <strong>A growing number of regulators worldwide have come after Binance. Thailand’s Securities and Exchange Commission (SEC) filed a criminal complaint against the crypto exchange after the authorities in the Cayman Islands, the U.K., and Japan issued similar warnings on Binance and related companies.</strong> Thailand’s Regulator Files Criminal Complaint The Thai Securities and …

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South Korean Crypto Exchange Bithumb Bans Employees from Trading Bitcoin

<div class=”featured_image_container”> </div> <strong>One of the largest South Korean cryptocurrency exchanges, in terms of trade volume, Bithumb, has announced that employees are banned from trading bitcoin on the exchange platform. The company’s chief executive officer revealed the decision in a Bithumb newsletter focused on improving “transaction transparency.”</strong> Bithumb Bans Employee Bitcoin Trading – Will Monitor …

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French Court of Appeals Upholds Alexander Vinnik’s Sentence

<div class=”featured_image_container”> </div> <strong>A court of appeals in France has upheld the verdict in the case against BTC-e operator Alexander Vinnik. His lawyers vowed to continue the legal struggle against Vinnik’s return to Greece in order to avoid a likely extradition to the U.S. </strong> Court Confirms Vinnik’s 5-year Sentence for Money Laundering The Court …

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