OKX Enhances Verification Procedure After Service Unblocking in Russia
Cryptocurrency exchange OKX has tightened the verification procedure for customers after unblocking its service in Russia. The company assures that the reason is due to OKX's priorities - "platform and user security." "If your account has not yet been ver ...
Gulf Binance Receives Digital Asset Operator License for Expansion into Thailand
Group Gulf Binance, which combines the world's largest cryptocurrency exchange and the company Gulf Innova, announced that it has successfully received a license of digital asset operator from the Ministry of Finance of Thailand. The crypto exchange plans to begin operati ...
SEC Chairman Gensler Highlights Compliance Issues in the Cryptocurrency Market
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said that rules for token issuers and cryptocurrency exchanges already exist, but they are fundamentally unwilling to comply. While speaking at a Federal Reserve Bank of Atlanta conference, Gary Gensler was ...
Compliance with OFAC Regulations Drops to 27% for Ethereum Transactions
According to analytics site Mevwatch.info, the percentage of Etherium blocks whose transactions comply with the Office of Foreign Assets Control (OFAC) has dropped to 27%. Transaction compliance is ensured by an open-source software module called MEV Boost. The module ...
WazirX Partners with TaxNodes to Simplify Reporting for Indian Cryptocurrency Traders
Indian cryptocurrency exchange WazirX announced a partnership with tax platform TaxNodes, promising traders to simplify the reporting process. Rajagopal Menon, vice president of WazirX, said that through a partnership with TaxNodes traders will be able to quickly get info ...
Binance to Launch Cryptocurrency Exchange in Japan as Binance Japan
Binance, the largest cryptocurrency exchange in the world, is all set to commence operations in Japan under the name Binance Japan from June 2023. This development comes after Binance acquired Sakura Exchange BitCoin (SEBC) in November of last year. At present, SEBC of ...
dYdX Limits Access for Canadian Users Due to Local Regulatory Requirements
dYdX, a well-known decentralized exchange, has recently announced that it will be imposing limitations on its platform for Canadian users. The announcement stated that users from Canada will have a week to exit the market as the exchange will be discontinuing various staking programs and liquidit ...