On October 18, around 50,000 Bitcoin (BTC) were removed from Coinbase, marking the first time since June that such a significant volume of the flagship asset has departed the exchange. The orange line in the following graphic depicts the number of Bitcoins that customers have withdrawn from Coinbase since the beginning of the current year. … Read more
According to a filing lodged with Companies House on October 12, billionaire Cameron Winklevoss, who was a co-founder of Gemini and helped form the company, is no longer a director at Gemini Europe. (1) Gemini Europe is an entirely subsidiary of the Gemini crypto exchange, which is situated in New York and presently operates in … Read more
Local commercial banks have been explicitly instructed by the South African Reserve Bank, also known as the Central Bank of South Africa, to collaborate with cryptocurrency exchanges and crypto asset service providers (CASPs). On Thursday, the Central Bank of the country issued a guidance letter to commercial banks regarding how they should handle transactions involving … Read more
The Fight Against Tornado Cash Is Only in the beginning. This past week, the United States government delivered a devastating blow to the entirety of the cryptocurrency industry. Tornado Cash, a cryptocurrency mixer, was sanctioned by the Treasury Department, along with several crypto wallet addresses affiliated with the service. Because of this, the protocol and … Read more
It was announced on Wednesday that the government of Uzbekistan had restricted access to a number of large international cryptocurrency exchanges due to allegations of non-licensed activity. This comes after the government of Uzbekistan had previously made significant strides toward a more moderate approach to cryptocurrencies. In a statement dated August 10, the National Agency … Read more