Monochrome Launches Australia’s First Spot Bitcoin ETF
Establishing a precedent in the nation’s investment sector, Monochrome declares the introduction of the first spot Bitcoin ETF in Australia. Monochrome Asset Management, a renowned Australian investment firm specializing in regulated digital assets, has generated considerable interest in the financial sector by disclosing its intentions to launch the inaugural Bitcoin spot ETF in Australia. The […]
KuCoin Denies Sharing User Data With Indian Government
KuCoin addresses user concerns over data sharing with the Indian government post-re-entry into the Indian crypto market. Following the practical completion of Financial Intelligence Unit (FIU) registration in India, the well-known cryptocurrency exchange KuCoin was accused of violating user privacy. It, therefore, issued a statement to dispel any confusion among its users. KuCoin dispelled the […]
Binance to Restrict Unverified Sub-accounts on Its Link Program
Binance has announced plans to restrict sub-accounts without the necessary KYC information under the Binance Link Program. Verified and compliant users would be the only ones able to access their sub-accounts, according to Binance’s announcement on April 5. Subaccounts opened for deposits only and not used for trading are likewise subject to the regulation. According […]
South Korean Finance Regulators Tighten Token Listing Guidelines
Local news outlets recently reported that South Korea’s finance officials are tightening down on domestic exchanges and token listing chronicles. In an extraordinary turn of events, South Korea’s financial regulators recently cracked down on virtual assets nationwide, revealing a more rigorous approach to token listings on CEXs. The South Korean regulators’ action, which coincided with escalating […]
Xoom Users Can Make Transfers With PayPal Stablecoins
Users in the United States can send money abroad using PayPal’s stablecoin, PYUSD, thanks to the company’s international payment service, Xoom. With the new feature, remittances to about 160 countries can be made without incurring fees from Xoom, as it enables conversions from PYUSD to US dollars. Users can send money straight to foreign bank […]