CEX

2 Minutes

CEX Crypto News

Despite SEC enforcement, Coinbase affirms that mining services will continue

adeel010 March 11, 2023 0 Comment

Coinbase has reassured customers that its staking services will continue and “may actually increase” despite the recent crackdown on centralized providers’ staking services by the U.S. Securities and Exchange Commission (SEC). Popular dealers like...

2 Minutes

Bitcoin CEX Crypto News

India enforces anti-money laundering laws on crypto trades

adeel010 March 8, 2023 0 Comment

Anti-Money Laundering (AML) requirements for cryptocurrencies are nothing new, but it has only recently been decided by the Indian government to inform all interested parties of their duty to adhere to local AML laws....

3 Minutes

CEX Crypto News

Coinbase’s CEO suggests that its new layer-2 network may include AML controls

adeel010 March 7, 2023 0 Comment

The company’s new layer-2 blockchain network Base may be susceptible to transaction monitoring and anti-money laundering measures at launch, according to Coinbase CEO Brian Armstrong’s hints. While acknowledging that Base currently has some centralized...

2 Minutes

CEX Crypto News

Binance is minimizing its need for stablecoins as BUSD prohibition

adeel010 March 6, 2023 0 Comment

After the Securities and Exchange Commission of the United States (SEC) took regulatory action against its native stablecoin, BUSD, Binance turned to a new group of stablecoins. BUSD is allegedly in violation of US...

2 Minutes

CEX Crypto News

CZ condemns the “widely” circulated lie on WeChat in China

adeel010 March 6, 2023 0 Comment

Changpeng “CZ” Zhao, CEO of Binance, has refuted a rumour that “spread extensively” across a Chinese messaging platform that claimed he had been “shot” by a federal law enforcement agency in the United States....

2 Minutes

CEX Crypto News

Binance starts an anti-scam program following pilot in Hong Kong

adeel010 March 4, 2023 0 Comment

In collaboration with law enforcement organizations. Binance is launching a campaign to stop scams by sending targeted alerts to prospective victims. The company announced in a blog post on March 3. The “Joint Anti-Scam...

2 Minutes

CEX Crypto News

Binance CEO reacts to Forbes FUD by saying, “They don’t know how an exchange works.”

adeel010 February 28, 2023 0 Comment

The cryptocurrency exchange Binance recently “shuffled” funds, according to a Forbes piece that was written in the wake of the FTX collapse. However, on February 28, the day after, co-founder and CEO of Binance...

1 Minute

CEX Crypto News

SEC summons Robinhood regarding crypto listings and custody

adeel010 February 28, 2023 0 Comment

Following the FTX cryptocurrency exchange’s filing for bankruptcy protection in November, Robinhood Markets (HOOD) disclosed in its most recent 10-K filing that it had gotten an investigative subpoena from the U.S. Securities and Exchange...

3 Minutes

CEX Crypto News

Chief attorney: Coinbase’s staking is “fundamentally different” from Kraken’s

adeel010 February 22, 2023 0 Comment

The staking services provided by Coinbase, a cryptocurrency exchange, are “fundamentally different” from those provided by Kraken, a peer exchange that has lately come under fire from the US securities regulator. During a Q&A...

4 Minutes

CEX Crypto News

Investors in Coinbase get ready for another probable disappointing quarter

adeel010 February 18, 2023 0 Comment

When the U.S.-based cryptocurrency exchange publishes its fourth-quarter and annual 2023 earnings report on Tuesday after the market close, investors in Coinbase (COIN) should probably get ready for yet another disappointing round of quarterly...