Google recently announced its intentions to update its policy on cryptocurrencies and related products starting in January 2024. The upcoming change in advertising regulations specifically focuses on Cryptocurrency Coin Trusts, allowing advertisers in the United States to promote these financial products under certain conditions and with certification from Google. This article will delve into the
Exchanges
The cryptocurrency market is notorious for its volatility and constant fluctuations in prices. Over the years, it has experienced significant changes, particularly in how investors react to these price movements. While it may be evident that the market has become less volatile, a closer examination reveals a reduction in liquidations per percentage change in Bitcoin’s
The U.S. Securities and Exchange Commission (SEC) has recently requested the court to take judicial note of newly unsealed documents regarding Binance, the popular cryptocurrency exchange, and its former CEO Changpeng Zhao. The regulatory watchdog claims that these documents, which detail Binance and Zhao’s plea deals with other agencies, provide substantial evidence supporting the SEC’s
Binance, one of the world’s leading cryptocurrency exchanges, has experienced a significant decline in its Bitcoin balance in November. According to the latest proof of reserves report, the exchange’s Bitcoin holdings dropped by over 23,000 BTC, or roughly 4%. This decline coincided with Binance’s ongoing regulatory issues with U.S. authorities, which have put the platform
The UK Financial Conduct Authority (FCA) has recently added Poloniex, a cryptocurrency exchange associated with Justin Sun, to its warning list. The FCA has raised concerns about Poloniex promoting financial services without proper authorization. This article examines the FCA’s actions and the potential consequences for the exchange. In a December 6 update, the FCA stated
Binance, one of the world’s largest cryptocurrency exchanges, has once again sparked controversy by refusing to disclose the location of its global headquarters. In an interview with the Financial Times, the newly appointed CEO, Richard Teng, stated that there was no need to share this information publicly. This article delves into the ongoing debate surrounding
Binance, one of the leading cryptocurrency exchanges, is taking steps to expand its free trading options for the popular stablecoin pairing, First Digital USD (FDUSD). This move aims to encourage users to adopt the FDUSD stablecoin, which has been gaining traction in the crypto community. Starting from December 8, Binance users will enjoy zero maker
Robinhood, the American fintech company known for its zero-commission, no-minimum-balance brokerage model, has taken a significant leap forward by launching its brokerage services in the UK. This move marks Robinhood’s first expansion beyond the United States and signifies the company’s ambition to ignite higher retail investment internationally. By offering UK customers access to over 6,000
The Philippines Securities and Exchange Commission (SEC) recently issued a cautionary advisory regarding Binance, one of the world’s largest cryptocurrency exchanges, and its operations within the country. The advisory, released on November 28, warns that Binance is not registered as a corporation in the Philippines and operates without the necessary license and authority. While the
Coinbase, one of the leading cryptocurrency exchanges, dropped a bombshell this week when it announced that it had received a subpoena from the U.S. Commodity Futures Trading Commission (CFTC). In an email sent to its users, Coinbase revealed that it was requested to provide information about its users’ accounts and transaction activity, although the specifics
