County Major Financial News

19.09 / 16:59
Stablecoin Binance Tether Usd Coin Indian Indian exchange WazirX follows Binance in delisting USDC
Major Indian cryptocurrency exchange WazirX has opted to delist the USD Coin (USDC) from its platform and convert the remaining balances into Binance-backed Binance USD (BUSD) stablecoin.
09.09 / 15:09
Platform Huobi Bitcoin Huobi wins license in the British Virgin Islands, no timeline for the UK yet
Major cryptocurrency exchange Huobi continues to expand its global footprint by entering the British Virgin Islands, a British Overseas Territory.
26.08 / 04:37
regulation AML Police Backed A16z-backed CoinSwitch exchange raided over alleged forex law breaches
Major Indian crypto exchange CoinSwitch Kuber had five of its premises searched by anti-money laundering agents on Thursday over alleged violations of forex laws. 
18.08 / 16:07
business Ban Bitcoin Chinese mining giant Canaan doubles profits despite the blanket crypto ban
Major Chinese cryptocurrency miner manufacturer Canaan appears to have no issues with the local ban on crypto, as the company’s overall performance has continued to grow in 2022.
12.08 / 14:49
business regulation coinbase S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures
Major American cryptocurrency exchange Coinbase saw its long-term issuer credit rating downgraded from BB+ to BB status by rating agency S&P Global following its latest earnings report this year.
12.08 / 13:03
Stablecoin Paxos Bitcoin Brazilian payment app PicPay launches crypto exchange with Paxos
Major Brazilian payment application PicPay is moving into cryptocurrencies by integrating a crypto exchange service allowing users to buy Bitcoin (BTC) and Ether (ETH).
04.08 / 22:45
business Binance MasterCard Binance and Mastercard will launch prepaid crypto cards in Argentina
Major crypto exchange Binance has partnered with Mastercard to launch a prepaid card for the residents of Argentina.
01.08 / 16:03
business Blockchain Binance identity First Binance soulbound token BAB targets KYC user credentials
Binance cryptocurrency exchange is moving towards decentralized identity tools by launching its first-ever token designed to certify verified user status on the platform.
26.07 / 14:33
Citi JPMorgan HSBC AIM financing Ukraine takes aim at JPMorgan, HSBC and Citi over financing Russia ‘war crimes’
A senior aide to Ukrainian president Volodymyr Zelenskyy said major US banks should be prosecuted over "war crimes" for financing trade with Russia's regime.
22.07 / 14:03
business Adoption regulation regulatory approval regulatory Crypto.com scores regulatory approval from Cyprus SEC
Singapore-based cryptocurrency exchange Crypto.com continues to aggressively expand its reach, becoming the latest crypto firm officially authorized to operate in Cyprus.
21.07 / 16:43
Blockchain Adoption Bitcoin COPA Turkish crypto exchange joins COPA to fight against 'patent trolls'
Major Turkish crypto exchange BtcTurk has joined the crypto patent alliance (COPA) to team up with prominent firms in their mission to provide open access to patents and empower the adoption of crypto technologies. 
18.07 / 14:09
business Binance Europe Binance fined $3M over illegal operations in the Netherlands
Major global cryptocurrency exchange Binance is facing a penalty in the Netherlands after failing to obtain regulatory approval to operate in the country.
11.07 / 18:49
business wallet Major South Korean telecom company plans launch of blockchain wallet for crypto and NFTs
South Korean telecommunications giant SK Telecom has signed a joint agreement with other blockchain firms aimed at developing a digital wallet which can support cryptocurrencies, nonfungible tokens, and digital credentials.
05.07 / 17:41
business BitMEX Bitcoin Russians banned from accessing Bitmex within European Union
Major cryptocurrency exchange BitMEX is working to increase compliance with the European sanctions against Russia by preparing to enforce major restrictions for its Russian users.
30.06 / 13:17
business ETF Bitcoin spot bitcoin New spot Bitcoin ETF launched at Euronext Amsterdam Exchange
Major Dutch stock exchange Euronext Amsterdam, a part of the pan-European marketplace Euronext, is debuting its first Bitcoin (BTC) exchange-traded fund (ETF).
29.06 / 00:21
regulation Taxes Tax reduction Russian Duma passes bill to remove VAT, lower income tax rates on digital asset sales
The State Duma, the lower house of the Russian legislature, has passed a bill on the taxation of digital assets that exempts their sale from value-added tax (VAT) in the Russian Federation. Some other services of digital asset exchanges will also be exempted, according to state-run news service RIA Novosti. 
22.06 / 13:31
Adoption regulation Asia Crypto.com scores approval from Singapore finance regulators
Major Singapore-based cryptocurrency exchange Crypto.com received in-principle approval from the Monetary Authority of Singapore (MAS) for its Major Payment Institution License. The license will let the platform provide a range of payment services in the country. 
08.06 / 12:57
regulation litecoin privacy Major South Korean crypto exchanges delist Litecoin
Major cryptocurrency exchanges in South Korea have delisted Litecoin (LTC) weeks after flagging its privacy-focused MimbleWimble (MWEB) upgrade.

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