Coinbase Gets Licensed in Singapore
The Monetary Authority of Singapore has awarded the company with a Major Payment Institution license, following an in-principle approval given last year.
Investors Believe Binance Could Collapse
Institutional investors have expressed concerns about Binance’s financial stability and have started to withdraw their assets.
Gemini Will Allocate $24M to Indian Expansion
The Gemini team has recently announced that they will be allocating 2 billion rupees ($24 million) towards projects in the Asian country.
Kraken Plans to Offer Stock Trading to Customers
Bloomberg has reported that Kraken will now offer its clients the opportunity to trade shares of companies and ETFs in the US and UK.
Binance’s Market Share Falls to 50%
Binance has faced a decline in its market share compared to other global competitors that do not offer support for the US dollar this year.
UpBit Halts Aptos Withdrawals
According to several user reports, the largest cryptocurrency exchange in South Korea, UpBit, has temporarily suspended deposits and withdrawals of Aptos (APT) due to an issue with its system.
Bankrupt Exchange Mt.Gox Postpones Compensation Date
The management of Mt.Gox, a now bankrupt crypto exchange, has announced that the deadline for compensation payments would be postponed from October 31, 2023 to October 31, 2024.
