Crypto.com Exchange Expands Operation in South Korea
Crypto.com exchange will make its cryptocurrency trading application available to retail investors in South Korea starting April 29 despite heightened crypto regulatory measures. South Korean users will initially have access to over 150 cryptocurrencies and non-fungible tokens (NFTs) via the Crypto.com app. This market segment is crucial to the company’s expansion, according to an April […]
HKVAEX Withdraws License Application to Hong Kong SFC
HKVAEX, a crypto exchange purportedly associated with Binance, withdrew its license application to the Securities and Futures Commission of Hong Kong (SFC) on March 28, nearly three months after the filing. The SFC had established February 29 as the application deadline for operational licenses in the region for all cryptocurrency exchanges. HKVAEX, a cryptocurrency exchange […]
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 […]