News
FTX founder Bankman-Fried charged with fraud, for starters
US federal prosecutors allege FTX founder and former CEO Sam Bankman-Fried committed fraud and violated campaign finance laws. Additional charges may follow. Read more…
cryptocurrency exchanges
Views
Coinbase must make a better valuation case – but can it?
Cryptocurrency exchanges and banks need to make the investment case on valuation – which is something that Coinbase is still not able to do. Here’s why. Read more…
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Hong Kong reveals new plans to boost its fintech hub status
Hong Kong proposes allowing retail investors to trade in cryptocurrencies and crypto exchange-traded funds in hopes of rebuilding its fintech hub status. Read more…
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3AC collapse puts Singapore’s crypto sector on high alert
Singapore’s ambitious cryptocurrency sector faces an uncertain future after the recent collapse of crypto fund Three Arrows Capital (3AC). Read more…
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Binance processed crypto trades from Iran despite US sanctions
Crypto exchange Binance continued to process trades by clients in Iran despite US sanctions and a company ban on doing business there. Read more…
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Crypto exchanges in India getting clobbered by new crypto tax
India’s new cryptocurrency tax has dealt a heavy blow to the country’s crypto exchanges, sending trading volumes plunging by up to 90%. Read more…
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Binance is bringing its crypto ecosystem to the Philippines
Crypto exchange Binance is looking to expand its operations in the Philippines as cryptocurrency becomes more and more popular in the country. Read more…
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Coinbase says it has halted operations in India due to RBI pressure
Coinbase chief says the crypto exchange has stopped its trading service in India due to “informal pressure” by the Reserve Bank of India. Read more…
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CoinDCX raises more funding despite India’s unfriendly crypto taxes
CoinDCX has raised a fresh $135 million in funding in its series D round even as it feels the heat from India’s new crypto taxes. Read more…
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Indian crypto exchanges block UPI deposits, frustrating investors
Two major crypto exchanges disable rupee deposits for purchasing crypto via the UPI network, spurring more demand for regulatory clarity. Read more…
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Coinbase has launched trading services in India despite uncertainties
Cryptocurrency exchange Coinbase has officially launched its trading services in India even as the segment faces regulatory uncertainty. Read more…
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Cryptocurrency products see significant gains, even with China crackdown
Cryptocurrency products and funds attracted $226.2 million in investments last week, marking their eighth straight week of inflows. Read more…
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Binance says it will restrict services in Singapore to please regulator
Binance said it will restrict services in Singapore days after the city state’s central bank said it should stop offering payment services. Read more…
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Global digital currency exchanges exploring India as government dithers
Global digital currency exchanges are exploring ways to set up in India while the government dithers over law that could ban cryptocurrencies. Read more…
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India’s central bank urging lenders, cut ties with cryptocurrency exchanges
India’s central bank is informally urging lenders to cut ties with cryptocurrency exchanges & traders as the highly speculative market booms. Read more…
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Cryptocurrency exchanges creaking, bitcoin prices crash
The economic hit from the coronavirus outbreak spread from stocks, oil and bonds to cryptocurrency markets late last week, bitcoin crashed. Read more…