Crypto Exchange news

Crypto exchange Huobi Global said it will delist seven privacy tokens in the coming week, citing broader regulatory scrutiny of such tokens. The company claimed it is complying with regulations in different countries and regions. Privacy tokens lost 0.42% in 24 hours following the news. Spot and futures trading of the tokens was paused last…

Blockchain.com, a London-based crypto exchange, has been granted provisional regulatory approval by the Virtual Assets Regulatory Authority (VARA) in Dubai. After granted provisions, institutional and retail clients can use the crypto platform in the UAE. Blockchain.com, via a blog post, stated that the organization is in the process of setting up a local office in…

Easing monetary policies, the decline of inflation, the change in Bitcoin’s mining difficulty, and growing confidence in DeFi are factors that point to a renewed surge for crypto prices, writes Cronos managing director Ken Timsit on Cointelegraph. Decentralized finance (DeFi) has seen tremendous growth since its inception, expanding by more than 1,200% in 2021 in…

Crypto exchange Binance, the issuer of the world’s 3rd-largest stablecoin, BUSD, said it will convert customers’ holdings in rival stablecoins USD Coin (USDC), Pax Dollar (USDP), and True USD (TUSD) into its own stablecoin (BUSD) on September 29 to “enhance liquidity and capital-efficiency for users.” Meantime, Binance has no plans to “auto-convert” Tether (USDT) to…

British Financial Conduct Authority (FCA) stated cryptocurrency exchanges must play their part in ensuring sanctions are complied with. According to updated guidance from the Treasury’s Office of Financial Sanctions Implementation (OFSI), the agency ordered crypto exchanges to report sanction breaches in the UK. The UK Treasury’s Office of Financial Sanctions Implementation (OFSI) has updated on…

Leading crypto exchange Coinbase is officially launching trading services for three digital assets – Aurora (AURORA), Near Protocol (NEAR), and Meta X Connect (MXC) – that were recently added to its listing roadmap. According to a recent announcement, Coinbase says that Aurora (AURORA) will be available with the “Experimental” label, which the exchange applies to…