Exchanges

The recent crackdown by the Securities and Exchange Commission (SEC) on crypto firms has sparked discussions about how the regulatory environment may be inadvertently benefiting US crypto exchange Coinbase. Bitwise Investments CIO Matt Hougan suggested that the current regulatory landscape is creating an “artificial moat” for Coinbase’s operations, giving the platform an edge over its
Recently, six Coinbase customers took legal action against Coinbase Global, its subsidiaries, and CEO Brian Armstrong, accusing the crypto exchange of listing digital assets that are considered securities. This lawsuit brings to light significant allegations that could have far-reaching implications for the company and the cryptocurrency industry as a whole. The Allegations The crux of
The Kenyan authorities are currently in the process of extraditing Nadeem Anjarwalla, a Binance executive who is wanted by the Nigerian government. Anjarwalla was captured in Kenya over the weekend after a joint operation involving various agencies, including the Economics and Financial Crimes Commission (EFCC), Nigeria Police Force, Kenya Police Service, Federal Bureau of Investigation
Recently, crypto exchange HashKey announced that it would be ending support for Binance-related transactions in the coming month. The Hong Kong-based platform cited a change in policy as the reason for this decision. Specifically, HashKey mentioned that it would restrict deposits from Binance starting May 10 and cease support for virtual asset withdrawals to Binance-hosted