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0 CommentsAccording to blockchain data firm CryptoQuant, between 13:11 and 13:16 UTC Wednesday, a small group of people purchased the massive amount of Bitcoin on the spot market on centralized exchanges. But why the crypto whales placed Bitcoin buying orders of nearly $1.6 billion in a few minutes on an exchange instead of an over-the-counter desk…
China’s regulators banned on all crypto transactions and vowed to root out mining of digital assets, hitting Bitcoin and other major coins and pressuring crypto and blockchain-related stocks. According to Reuters, crypto-related transactions will be considered illicit financial activity, including services provided by off-shore exchanges, the People’s Bank of China said on its website. It…
If you’re looking to buy cryptocurrency in the UAE – there are dozens of online platforms to choose from, writes Kane Pepi on Economy Watch. The best brokers in this space allow you to buy and sell hundreds of digital assets, support AED deposits, and most importantly – are safe and secure. In this guide,…
The Middle East and North Africa regions are relatively new to discovering crypto trading and blockchain technology, but adoption is underway. It seems that the adoption of these technologies by companies and the public in both the Middle East and North African regions is growing exponentially, especially with the acceptance of digital money trading and…
In South Korea, more than 60 cryptocurrency exchanges must notify their customers about a partial or full suspension of trading by Friday midnight, a week before a new regulation comes into effect. The new regulations require exchanges to register with the Financial Intelligence Unit by 24 September, providing a security certificate from the Internet Security…
The US Securities and Exchange Commission has warned that it will sue Coinbase if it launches a new product Lend that allows users to earn interest by lending their crypto holdings. Coinbase’s CEO Brian Armstrong labeled the agency’s aggressive actions “really sketchy behavior.” According to Bloomberg, the U.S.’s biggest cryptocurrency exchange said it received a…
