Binance’s Crypto Market Share Sinks to 4-Year Low
While Binance remains a giant in crypto trading, its volumes dropped over 20% in September versus the previous month, while rival Crypto.com’s surged over 40%.
crypto exchanges
German Government Shuts Down 47 Exchanges, Says They’re Tied To ‘Illegal Activity’
The German Attorney General’s Office Frankfurt am Main (Generalstaatsanwaltschaft) and the country’s Federal Criminal Police Office (BKA) have shut down 47 crypto exchanges allegedly tied to criminal activities including money laundering.
Binance Unit Tokocrypto Is Third Crypto Exchange to Score Full License in Indonesia
Crypto Exchange Binance subsidiary Tokocrypto has obtained a full license as a Physical Crypto Asset Trader from Indonesia’s Commodity Futures Trading Regulatory Agency, known as Bappebti.
Binance CEO Teng Rejects Allegations the Exchange Froze All Palestinians’ Funds
The crypto exchange complies with anti-money laundering legislation, he said.
WazirX Asks Singapore Court for 6 Months to Restructure Liabilities as CoinSwitch Weighs Legal Action
Indian rival CoinSwitch said it is likely to sue the hacked crypto exchange, where $9.6 million worth of deposits were held.
WazirX to Phase In Indian Rupee Withdrawals Starting Aug. 26
Users of the Indian crypto exchange will be able to take out up to 66% of their rupee funds in two phases following a suspension instituted after last month’s $230 million dollar hack.
Binance Completes Registration With India’s Financial Intelligence Unit Months After Being Fined
The registration was provisionally approved in June, subject to the crypto exchange paying a fine of about $2.2 million.
Robinhood’s Bitstamp Deal Is Strategic and Brings Added Institutional Exposure: Bernstein
The acquisition will potentially allow the trading platform to offer a wider range of crypto products to a more institutional client base, the report said.
Robinhood to Buy Crypto Exchange Bitstamp in Effort to Expand Outside the U.S.
Trading platform Robinhood (HOOD) agreed to acquire crypto exchange Bitstamp as it looks to expand its crypto presence globally and attract institutional clients through new product offerings, the company announced Tuesday.
Binance Is Facing Regulatory Headwinds as It Tries to Re-Enter UK Market: Bloomberg
The largest crypto exchange in the world stopped offering its services to U.K. customers in October after it failed to comply with a rule change made by regulators last year.