Crypto Exchanges

August 17, 2022

Binance receives an initial license to function in Kazakhstan


On Monday, August 15th, the Binance announced that it has received approval from the Kazakhstan Astana Financial Services Authority (AFSA). To offer digital asset trading services and provide guardianship in the country’s Astana International Financial Center (AIFC). This new development indicates that Kazakhstan is another country where Binance would be allowed to operate legally. Even […]

Crypto Exchanges

August 15, 2022

Liquidity crisis, Zipmex receives three months reprieve


In a major development, the Singapore High Court has granted Zipmex crypto exchange a three-month extension to work out its liquidity difficulties. Last month, a major suspension of client withdrawals occurred at Zipmex, a prominent South Asian crypto exchange. The firm sought bankruptcy protection in Singapore to avoid creditors last week. This is the second […]

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