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Crypto Exchanges

Celsius is up by over 11% in the last 24 hours: Here is why?

The Celsius platform’s native token, CEL, is the best-performing cryptocurrency among the top 100 by market capitalization. In the previous 24 hours, CEL has risen by more than 11%, outperforming the broader market in the process. The rally comes as the wider crypto market is doing poorly. The cryptocurrency market has lost around 5% of […]

Crypto Exchanges

Ripple and Travelex Bank agree to start accepting XRP in Brazil

Ripple’s partnership with Travelex Bank will see customers of the locally regulated bank benefit from XRP-powered cross border payments settled on RippleNet’s On-Demand Liquidity (ODL) protocol.Ripple has launched a digital asset-based payment system in Brazil. Working with respected Latin American bank Travelex Bank, which is licensed by the Central Bank of Brazil. The new service […]

Crypto Exchanges

Canada’s OSC signs a pre-registration accord with Crypto.com

On Tuesday, Crypto.com, one of the world’s leading cryptocurrency platforms, announced that it had signed a major agreement. With the Canadian securities custodian the Ontario Securities Commission (OSC). The MOU allows the firm to move forward with its application to operate a crypto asset trading platform in Canada. And offer other digital currency products and services. […]

Crypto Exchanges

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

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 […]

Crypto Exchanges

Crypto firms are moving to the Middle East: CoinMENA CEO

The Middle East has become one of the fastest-growing regions in the cryptocurrency space. Talal Tabbaa, CEO and co-founder of CoinMENA, a supervised cryptocurrency exchange based in Bahrain. Says that the Middle East is becoming increasingly appealing to crypto firms because of its present strong regulations. He told Arabian Business: “I think the Middle East […]

Crypto Exchanges

Dubai regulator grants OKX approval for crypto services in UAE

A Seychelles-based company OKX, has been granted a provisional license to operate in the United Arab Emirates (UAE). Becoming the latest digital asset service provider to do so. The Virtual Assets Regulatory Authority (VARA) has granted OKX a Crypto Assets Exchange License. Making it the second exchange to be licensed by the regulator after Abu […]

Crypto Exchanges

Coinbase has been approved by financial regulators in Italy

After obtaining approval from the Italian financial regulators, Coinbase can continue to provide service to Italian customers, according to CoinDesk. The San Francisco-located exchange states on its webpage that the Organismo Agenti e Mediatori (OAM) has added a fresh requirement. The OAM is now regulating crypto exchanges as part of a previously announced government decree. […]

Crypto Exchanges

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