Binance TH Launches in Thailand with Regulatory Approval
Binance TH, a joint venture between Binance and Gulf Innova, has officially started its operations in Thailand as a licensed and regulated crypto exchange and brokerage platform. Binance, the world’s leading crypto exchange, has announced the launch of its Thailand wing, Binance TH, in partnership with Gulf Innova, a local technology company. The joint exchange is […]
Indian Crypto Exchanges Entice Binance, OKX Investors
Following the FIU ban on offshore cryptocurrency exchanges such as Binance, OKX, and others, Several Indian cryptocurrency exchanges guarantee trouble-free transfers for users who wish to transfer their crypto assets from foreign cryptocurrency exchanges. Several Indian cryptocurrency exchanges have devised enticing fee abatement offers for users whose funds are stranded on prohibited foreign cryptocurrency exchanges. […]
OKX Dubai Receives Conditional Crypto License from Regulator
Dubai’s Virtual Assets Regulatory Authority (VARA) issued a virtual asset service provider (VASP) license to the OKX Dubai subsidiary. Despite receiving the license, OKX emphasized that the organization would maintain a “non-operational” status until it could satisfy the regulatory obligations. OKX’s general manager for the Middle East and North Africa region, Rifad Mahasneh, told Cointelegraph […]
Genesis Global Pays $8M, Loses BitLicense in NYDFS Settlement
Genesis Global Trading has settled with the NYDFS for violating anti-money laundering and fraud rules, agreeing to pay $8 million and surrender its BitLicense. Genesis Global Trading, a crypto trading firm, and Digital Currency Group (DCG) subsidiary, has reached a settlement agreement with the New York Department of Financial Services (NYDFS) over significant compliance violations. […]
Coinbase Joins Africa’s Yellow Card to Expand Globally
Coinbase and Yellow Card collaborate to introduce USDC to 20 African countries, thereby transforming the way the world gains access to cryptocurrencies and finances. Coinbase, the leading cryptocurrency exchange on a global scale, and Yellow Card, Africa’s leading stablecoin exchange, have partnered strategically to advance the future of money throughout the continent. Meanwhile, the objective of this partnership […]