Coinbase Adds New Directors To Its Board
While one of the new Coinbase directors has a wealth of experience in the management consulting industry, the other two have previously served under US presidents. Coinbase has expanded its board of directors with three new members, including a top OpenAI executive who once served as a political strategist for US President Bill Clinton in […]
Bitstamp Begins Mt. Gox Creditor Repayments
The news came three days after Mt. Gox Trustee completed the first test transactions on the Bitstamp exchange. Bitstamp started the repayment of Mt. Gox creditors, after receiving all of the funds owed to them from the trustee. On July 25, the cryptocurrency exchange received all Bitcoin, Bitcoin Cash, and Ethereum and began repaying creditors. According […]
RBI and SEBI to Release India Crypto Policy Paper in Q3
India’s financial regulators are working on cryptocurrency policy, with a discussion paper coming in Q3 2024, indicating a possible shift in India’s crypto approach. The Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) have joined an inter-ministerial committee that is responsible for the development of a comprehensive crypto policy. […]
Coinbase UK Hit with $4.5M Fine for High-Risk Customer Onboarding
Coinbase’s UK subsidiary, CBPL, has been fined $4.5 million for violating the FCA agreement, which prohibits the platform from onboarding high-risk customers. The United Kingdom regulators have levied a $4.5 million (£3.5 million) fine on Coinbase’s UK subsidiary, CB Payments Limited (CBPL). A penalty is imposed for violating a voluntary agreement that is intended to […]
Huobi Exchange Announces Next HTX DAO Airdrop Phase
Huobi Exchange announces the fifth wave of its HTX DAO airdrop for TRX, USDT, and WSTUSDT holders on July 30. Huobi Exchange has disclosed the next chapter of its HTX DAO airdrop program. This recent initiative, which is scheduled for July 30, 2024, represents the fifth round of token distribution and underscores the exchange’s commitment to […]