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…

Top crypto exchange Gemini has teamed up with bankrupt digital asset lender Genesis Global Capital to challenge a Securities and Exchange Commission (SEC) case against the exchange’s earn program. The SEC had in January this year filed a lawsuit against the two…

UK members of parliament have called for regulation of crypto in the same category as gambling business. The country’s treasury committee made this recommendation citing the risks and uncertainties associated with crypto investing, such as price volatility A report released by the…

Number one crypto exchange Binance has folded up in Canada, citing a harsh regulatory environment. The top exchange has been in operation in Canada for many years, but suddenly announced it was moving out of the country for good. This comes as…

The leading crypto exchange Binance has acknowledged that the regulatory environment in the US has made it difficult to do business while expressing a desire to seek regulation in the UK. The company’s chief strategy officer Patrick Hillmann mentioned this During the…

The United States Justice Department (DOJ) national security division is investigating Binance for allowing Russians to us the exchange when the country was being sanctioned. The agency says that the action was a violation of U.S sanctions. According to a Bloomberg report,…

Leading American crypto exchange Coinbase has launched a derivatives arm for its exchange outside of the United States. The platform will be offering Bitcoin and Ethereum “perpetual futures” to non-US users, since this form of trading is prohibited in the US. The…

The CEO of Bittrex Global, Oliver Linch has declared the company’s intention to fight charges filed against it by the securities and exchange commission (SEC) in court. Linch said the SEC was “mistaken” in charging the exchange with security laws violations. Bittrex…