Global derivatives crypto exchange Bybit has secured a Minimum Viable Product (MVP) license in Dubai. Bybit FinTech FZE, a branch of Bybit operating in the Middle East, announced yesterday (Tuesday) that the exchange has obtained the license following approval by the the…

World’s largest crypto exchange Binance is considering shifting its focus to the Middle East as regulatory pressure is becoming unbearable in Europe and the US. General Manager of Binance Dubai, the United Arab Emirates (UAE), Alex Chehade said the UAE may become…

The Financial Services and Markets Authority (FSMA) has issued an order to Binance, the world’s largest crypto exchange by trading volume to stop servicing clients in the country. The regulator issued the order Friday 23 June. The reason for the order is…

Head of Hong Kong’s Securities and Futures Commission, Julia Leung Fung-yee says crypto trading is an integral part of the digital asset ecosystem. She stated this while explaining why Hong Kong has flung its doors open to cryptocurrencies in its regulatory approach….

Top crypto exchange Crypto.com has secured a Virtual Asset Services Provider License in France. This regulatory milestone further expands crypto.com services across Europe, the exchange wrote in a press release shortly after securing the license on Friday 23 June. Crypto.com is a…

Top crypto exchange Binance has launched a regulated crypto services platform in Kazakhstan. The platform will offer exchange and conversion as well as crypto custodial services to the people of Kazakhstan. They will also be able to deposit and withdraw fiat currencies…

Ripple has secured preliminary regulatory greenlight in Singapore, one of the top crypto hubs in the world. The company  announced on Wednesday June 21 that it has achieved ‘In-Principle Approval’ from the Monetary Authority of Singapore (MAS) for its subsidiary Ripple Markets APAC…

A court sitting in the US has denied the request of the Securities and Exchange Commission (SEC) to freeze the assets of Binance’s US subsidiary, Binance.US. The presiding judge, judge Amy Berman declined the request to freeze the exchange’s assets as investigations…

A Hong Kong Lawmaker, Johnny NG has extended an invitation to digital currency exchanges around the world to come to the administrative region of China. Ng in a tweet invited crypto exchanges to apply for official trading platform status. “I hereby offer…

Following the lawsuit by US Securities and Exchange Commission (SEC) against world’s largest crypto exchange Binance, there has been a huge outflow of assets from the exchange, a report by Cointelegraph says. Data shared by crypto analytic firm Nansen with Cointelegraph, reveals…

The Financial Conduct Authority (FCA) in the UK has come up with new rules to guide crypto advertising in the country. The new rules place certain restrictions on crypto adverts targeting UK residents. Advertisers are also required to include a “cooling off…

Regulators in the state of California have ordered Coinbase to stop offering its crypto staking services in the state. The Department of Financial Protection and Innovation on Tuesday ordered the top US cryptocurrency exchange to ‘desist and refrain’. The department stated that Coinbase has…

Top crypto exchange OKX has partnered with Komainu Connect, a collateral management platform to secure assets of institutional investors. Komainu Connect will give OKX’s institutional customers access to secure, around-the-clock trading of segregated assets under custody. The arrangement will also increase the…

Leading crypto trading platform Crypto.com has obtained a Payment Institution (MPI) License from the Monetary Authority of Singapore. In a blog post on 1 June, the exchange said the license is for Digital Payment Token (DPT) services. Crypto.com will now continue to…

Leading crypto exchange Binance has suspended Australian Dollar (AUD) deposit and withdrawals via bank transfer. This is coming in the midst of issues with the exchange’s banking partner responsible for processing such transactions. The partner has given Binance users in Australia up…