In a significant move for both the Argentine cryptocurrency landscape and Coinbase itself, the digital asset exchange has received the green light to operate in Argentina. This comes after the firm successfully registered as a Virtual Asset Service Provider (VASP) with the National Securities Commission (CNV) of Argentina. A notable announcement made on January 28
Exchanges
In a striking turn of events, KuCoin has confronted serious repercussions following its admission of guilt for operating as an unlicensed money-transmitting business. This admission was formalized in a settlement with the U.S. Department of Justice (DoJ) on January 27, which mandates the exchange to exit the U.S. market for a duration of two years
In recent years, the cryptocurrency landscape has witnessed unprecedented growth, driven by technological advancements and a surge in new financial instruments. This explosive growth has brought with it significant challenges, particularly in the ways tokens are listed and evaluated on exchanges. Brian Armstrong, CEO of Coinbase, articulated these concerns in a social media post, highlighting
In a recent announcement, Coinbase CEO Brian Armstrong addressed the significant frustration among users due to prolonged transaction delays on the Solana network. This issue has become increasingly pressing as users experienced significant transaction setbacks, with some waiting for over 21 hours. Armstrong took to the platform X to communicate that the backlog has been
Recent developments have ignited discussions in the cryptocurrency community regarding the potential launch of futures contracts for Solana (SOL) and XRP by CME Group. On January 22, an individual on social media, known as Summers, shared a screenshot of what was claimed to be a testing page from CME, indicating a possible pre-launch on February
The ongoing legal tussle between Coinbase and BiT Global unveils a wider discourse on the responsibilities and regulatory frameworks that govern cryptocurrency exchanges. Coinbase, one of the world’s leading digital asset platforms, recently filed a motion to dismiss a lawsuit from BiT Global, which contested the firm’s decision to delist Wrapped Bitcoin (wBTC). BiT Global,
In recent years, the landscape of cross-border money transfers has undergone a significant transformation, largely driven by the advent of cryptocurrencies. Binance, the world’s leading crypto exchange by trading volume, has positioned itself at the forefront of this revolution. Between 2022 and 2024, Binance users executed approximately $26 billion in peer-to-peer remittances, effectively saving an
On January 16, Coinbase made headlines with its announcement of a partnership with the decentralized money market platform Morpho. This alliance aims to provide a new lending solution where users can secure USDC loans backed by Bitcoin. What sets this offering apart is its utilization of the layer-2 blockchain, Base, to process these transactions efficiently.
In a noteworthy development, the US government has mandated the return of 94,000 Bitcoin (BTC) linked to the notorious 2016 Bitfinex hack, marking a significant moment in the realm of cryptocurrency exchanges and legal restitution. The ruling posits that Bitfinex is the sole victim in this convoluted case, which has its roots entrenched in a
On January 15, the United States Department of Justice (DOJ) announced a significant financial sanction against BitMEX and its parent company, HDR Global Trading Limited, totaling $100 million. This fine stems from violations of the Bank Secrecy Act (BSA), a blow to a firm that has been under intense regulatory scrutiny for several years. The