In a significant development for the cryptocurrency industry, Singapore-based Crypto.com has officially partnered with Deutsche Bank, a move that signals an ambitious stride towards enhancing its corporate banking capabilities. Announced on December 10, this collaboration aims to optimize financial operations in crucial markets, including Australia, Singapore, and Hong Kong. By collaborating with a leading global
Exchanges
In the wake of the recent US presidential election, Coinbase has found itself confronting an uptick in accounts being flagged and restricted. With fraud incidents reportedly tripling during this period of heightened activity, the exchange has taken to the social media platform X to address these complications. The firm’s public stance paints a picture of
In response to the evolving challenges posed by digital asset transactions, TRUST, led by Coinbase, has launched TRUSThub—a groundbreaking platform aimed at transforming how Virtual Asset Service Providers (VASPs) share crucial customer data. Announced on December 5, this initiative is designed to facilitate compliance with the Travel Rule, a regulation mandating VASPs to share specific
Woori Technology, a prominent venture capital firm in South Korea, is reportedly contemplating the sale of its stake in Dunamu, the company behind the popular Upbit cryptocurrency exchange. This move comes as the South Korean crypto market undergoes significant fluctuations, influenced by various economic and political factors. Woori’s decision is particularly intriguing given its original
In recent weeks, Coinbase has come under fire from the cryptocurrency community after announcements regarding restrictions on accessing user accounts via Virtual Private Networks (VPNs). As the largest cryptocurrency exchange in the United States, Coinbase’s policies can significantly affect user behavior and market direction. Understanding the implications of these restrictions is crucial for both the
In a significant declaration that echoes the escalating discord between the cryptocurrency industry and regulatory bodies, Coinbase CEO Brian Armstrong has taken a definitive stand against legal firms aligned with former regulators he deems unethical. His recent statement on social media, which centered on the termination of relationships with law firms employing ex-regulatory officials, indicates
Japan’s cryptocurrency market has recently witnessed significant transformations, with key players taking bold steps to redefine the ecosystem. At the forefront is SBI VC Trade, a subsidiary of the prominent Japanese financial organization SBI Holdings. This firm has made headlines for its strategic collaborations with DMM Bitcoin and the investment powerhouse Metaplanet. These partnerships signify
In a significant move to simplify cryptocurrency transactions, Coinbase has announced the integration of Apple Pay into its Coinbase Onramp service as of December 2, 2023. This development aims at enhancing the user experience for those looking to convert fiat currency into cryptocurrencies. The combination of a leading digital payment platform like Apple Pay, with
The recent uproar within the Solana blockchain community stems from notable transaction delays experienced on Coinbase. Users of the platform took to social media, particularly X, sharing disheartening screenshots that indicated a staggering wait time of up to 45 minutes for transactions to be processed. This starkly contrasts with the performance metrics of other blockchain
In a troubling development within the cryptocurrency sector, Amrita Srivastava, a former high-ranking executive at Binance, has leveled serious accusations against the company regarding her termination. According to a report from Bloomberg News on November 28, Srivastava claims that her dismissal was a retaliatory action following her efforts to highlight alleged unethical conduct by a
