Philippines Regulators to Ban Binance Crypto Exchange
Philippines financial regulator is set to ban Binance, the largest cryptocurrency exchange in the world, citing concerns over the company’s unlicensed operations in the country with the ban taking effect within three months. SEC documents dated March 25 indicate that the nation’s Securities and Exchange Commission (SEC) disclosed receiving support from the National Telecommunication Commission […]
OKX Exchange Ceases Operation in India
Following the compliance notices of the Financial Intelligence Unit (FIU) of the Indian Ministry of Finance to nine foreign crypto exchanges, the OKX cryptocurrency exchange has ceased operations in India. On March 21, OKX notified its Indian clientele, requesting that they terminate their accounts and withdraw funds before April 30. The cryptocurrency exchange attributed its […]
Coinbase (COIN) Target Price Increased to $300
JMP Securities forecasts $220 billion in inflows into spot Bitcoin ETFs, which raises the target price of Coinbase to $300. Coinbase shares have staged a phenomenal ascent amid a euphoric cryptocurrency and Bitcoin market. In the wake of Goldman Sachs and other prominent financial institutions, JMP Securities, an investment banking and asset management firm, has […]
Binance to Halt Support for Several Leveraged Token Services
Binance exchange will discontinue support for a subset of its leveraged tokens that are associated with Bitcoin, Ether, and BNB starting April 3. On February 19, Binance declared its intention to discontinue support for leveraged tokens coupled with Tether. Affected are the following leveraged tokens: BTCUP and BTCDOWN, ETHUP and ETHDOWN, and BNBUP and BNBDOWN. […]
Mocaverse and KuCoin to Streamline Cross-Platform Identity
The partnership merges Mocaverse’s Moca ID, KuCoin’s accounts, and Halo’s Genesis pass to redefine on-chain identity. Mocaverse—the membership network and metaverse initiative of Animoca Brands —has formed a partnership with Web3 wallet Halo Wallet and cryptocurrency exchange KuCoin to simplify user navigation across multiple industry sectors, including SocialFi, gaming, decentralized financing (DeFi), and crypto trading. […]