Winklevoss-owned Gemini Foundation is set to host a trading competition next month in a bid to attract traders and grow the derivatives platform's users.
FinanceFWD previously said BaFin indicated plans to reject Binance’s application for a custody license but the decision was unclear. The crypto exchange also applied to rest its operations in Cyprus and the United Kingdom. The company closed its shop in the Netherlands after Dutch regulators denied the company a digital...
The U.S. Commodity Futures Trading Commission alleged that Binance and CEO Changpeng Zhao placed profits over policy compliance. CZ refuted the claims from the lawsuit filed in March, questioning the so-called facts and issues outlined by the CFTC. The major exchange and its CEO are also facing a lawsuit from...
Binance acquired locally regulated crypto exchange Sakura in November 2022 as part of expansion plans into the Asian market. The company said full services will begin for Japanese users in August and the platform would be fully compliant with local financial rules. Rhetoric from Japan’s Prime Minister Fumio Kishida suggests...
Elliptic’s report identified payments to Russian crypto exchange Garantex and an unnamed Australian platform for fentanyl products worth billions in street value. The report estimates that these platforms received roughly $50 million in Bitcoin and Tether’s stablecoin USDT. At least 100 Merchants accept crypto payments for fentanyl ingredients as a...
DeFi exchange Uniswap has launched a new blockchain protocol called UniswapX. The new protocol will enable trading across automated market makers and offer gas-free swapping, among other things.
