Binance Cuts Ties with Credit Card Processing Firm Checkout.com
Checkout.com, a credit card processing company based in the United Kingdom, has reportedly severed ties with cryptocurrency exchange Binance due to regulatory concerns. Forbes reports that the world’s largest cryptocurrency exchange by volume was informed of the company’s intention to terminate the contract due to regulatory concerns. This could be a turning point for Binance’s […]
Crypto Exchange Dasset Files for Bankruptcy
Dasset, a cryptocurrency exchange situated in New Zealand, has filed for liquidation. Customers reportedly can’t access their accounts. According to the CEO of the business, Stephen Macaskill , Dasset requested voluntary liquidation. New users can still sign up on the website, however. The advisory firm Grant Thornton was chosen to be the company’s liquidator. Their […]
Coinbase Exchange Launches Stand with Crypto Alliance
Coinbase has announced the launch of a crypto advocacy group tasked with promoting the interests of the crypto community. The goal is to encourage the cryptocurrency sector to engage in U.S. legislative activity. The Stand With Crypto Alliance also seeks to influence how the U.S.’s crypto ecosystem will look. Coinbase’s new organization aims to build […]
Crypto Exchange Dasset Faces Liquidation
Dasset, a cryptocurrency exchange based in Auckland, New Zealand, have denied customers access to their funds, and a company representative has confirmed the exchange’s liquidation. The Herald, a local news source, reported the exchange’s difficulties on August 14. According to the report, some consumers have attempted to withdraw their funds for months. Stephen Macaskill, the […]
Crypto Exchange Txbit to Permanently Close
Cryptocurrency exchange platform Txbit has announced that it will shut down on September 14, 2023. The decision comes from increasing market pressures and regulatory challenges in the cryptocurrency industry. Txbit, headquartered in the Netherlands, announced on August 14. The company cited the unpredictable nature of the cryptocurrency sector and the growing global regulatory concerns as […]