In a move that has captured the attention of the cryptocurrency landscape, Binance has joined forces with Circle to promote the adoption and integration of USD Coin (USDC) across its myriad services. This strategic partnership, announced on December 11, signals a clear intent from Binance, the world’s largest cryptocurrency exchange by trading volume, to enhance
Exchanges
Coinbase has recently made significant strides in enhancing the institutional adoption of digital assets with its latest initiative, Project Diamond. Launched with an emphasis on serving customers beyond the U.S. borders, this project is a strategic effort to create a robust infrastructure tailored specifically for institutional investors. By marrying innovation with compliance, Project Diamond is
Singapore’s Crypto.com has forged a significant partnership with Deutsche Bank, heralding a new chapter in the exchange’s journey towards global expansion. Announced on December 10, this alliance aims to optimize financial operations in key regions such as Singapore, Australia, and Hong Kong. By leveraging Deutsche Bank’s established banking expertise and advanced technology, Crypto.com intends to
In the wake of the recent U.S. presidential election, Coinbase has found itself embroiled in a storm of controversy concerning account restrictions imposed on many users. Prominent among the concerns are allegations of increased unfair limitations and the confusion surrounding account access. In a communication shared on social media, Coinbase clarified its position, attributing the
In a progressive move to bolster compliance in the realm of digital assets, the Travel Rule Universal Solution Technology (TRUST) spearheaded by Coinbase has announced the launch of TRUSThub. As highlighted in a recent statement on December 5, this novel platform intends to optimize data sharing among Virtual Asset Service Providers (VASPs). Part of a
Woori Technology, a prominent player in South Korea’s venture capital scene, is contemplating a significant divestment of its stake in Dunamu, the company behind Upbit, which stands as the largest cryptocurrency exchange in the nation. This move has emerged in the wake of changing market dynamics and potential regulatory scrutiny, as both local and international
In recent weeks, the crypto community has expressed significant discontent regarding Coinbase, the leading cryptocurrency exchange in the United States. This dissatisfaction stems from Coinbase’s controversial move to restrict user access via Virtual Private Networks (VPNs). This article dissects the implications of such a policy, the perspectives from both the users and the exchange, and
In a decisive statement on December 3, Coinbase CEO Brian Armstrong made headlines by announcing the exchange’s intent to cut ties with any law firms that employ former regulatory officials implicated in what he terms “unlawful” activities against the cryptocurrency sector. This announcement came on the heels of news that Gurbir S. Grewal, the former
SBI VC Trade, the cryptocurrency trading platform under the aegis of Japan’s SBI Holdings, has made headlines recently with its strategic partnerships with DMM Bitcoin and Metaplanet. SBI Holdings, a titan in the realm of internet banking, commands a substantial presence in the global blockchain market, managing assets surpassing an impressive $190 billion as of
Coinbase has recently taken a significant step in enhancing the user experience by integrating Apple Pay into its Coinbase Onramp service, as announced on December 2, 2023. This strategic move is set to revolutionize how cryptocurrency is accessed and purchased by users, simplifying what has traditionally been a cumbersome process. With Apple Pay boasting over
