In a major move for New Zealand’s crypto scene, Easy Crypto, with Aussie partner Labrys, introduces NZDD, a stablecoin tied to the local currency, the Kiwi dollar. This signals a fusion of traditional finance and digital currency, giving the region a new financial edge. Announcing NZDD – a new stablecoin for New Zealand and the […]
Formerly, Changpeng Zhao resigned and admitted before federal charges. His successor was none other than the CEO of Abu Dhabi Global Market, known as Richard Teng. More importantly, Teng is well experienced, being a Chief executive officer of the financial services authority of Abu Dhabi and Director of corporate finance at the Monetary Authority of […]
In a surprising turn of events, Bittrex Global, a prominent cryptocurrency exchange, announced the impending closure of its operations just months after its U.S. counterpart faced a similar fate. The platform will disable all trading activities on December 4, giving customers a narrow window to complete any essential transactions before the shutdown. After December 4, […]
Osaka Digital Exchange (ODX) plans to launch Japan’s first digital securities trading platform, “START,” on December 25, according to Bloomberg. This initiative caters to individuals looking for alternative assets that could potentially yield higher returns. As part of the launch, real estate firm Ichigo Owners plans to offer about ¥3 billion (about $20 million) worth of […]
Binance is set to publicly launch a cryptocurrency exchange in Thailand early next year through a joint venture with Gulf Energy Development, a major energy company in the region. Gulf Energy filed a report with the Stock Exchange of Thailand on Wednesday, stating that Gulf Binance Co. — the joint venture set up by Binance […]
Turkey is reportedly drafting new regulations to govern crypto assets to convince the Financial Action Task Force (FATF), a global body responsible for combating financial crimes, to remove it from the “grey list” of countries that have not done enough to combat terrorist financing and money laundering. During a discussion with a parliamentary commission on […]
Crypto exchange HTX (formerly Huobi Global), owned by Chinese blockchain personality Justin Sun, has posted a profit of $98 million in Q3 of this year. As per a thread posted on social media platform X (formerly Twitter), Sun claimed HTX and related companies generated a total of $202 million in revenues during the quarter. However, […]
The dYdX crypto exchange has recently made a significant announcement. In an Oct. 23 blog post, they revealed that they have published the open-source code for their upcoming Cosmos-based network, which shares the same name as the exchange itself. This marks a significant milestone for dYdX and showcases their commitment to innovation and transparency in […]
Coinbase has addressed the rumors about imposing Bitcoin withdrawal limits on social media, emphasizing their inaccuracy. Coinbase, the crypto exchange, has refuted rumors circulating on social media about setting a $5,000-per-week limit on Bitcoin withdrawals. These rumors gained traction after a user’s post claimed such restrictions were in place. A user on X (previously known […]