In a move that signifies a pivotal shift in the cryptocurrency landscape, Binance has announced a strategic partnership with Circle to integrate USD Coin (USDC) into its extensive suite of services. This collaboration, reported on December 11, aims to enhance access to crypto assets while simultaneously fostering wider adoption of stablecoins. As the world’s leading
Exchanges
Coinbase is stepping up its game in the digital assets arena with the launch of Project Diamond, aimed primarily at institutional investors outside the United States. According to a recent statement, this initiative by Coinbase Asset Management is not just a standard crypto offering but a robust infrastructure that encompasses various features, including Coinbase Prime
In a bold move encapsulating the convergence of traditional finance and cryptocurrency, Singapore-based Crypto.com has entered into a strategic partnership with Deutsche Bank. This collaboration, unveiled on December 10, is a significant milestone in Crypto.com’s ambition to enhance its corporate banking capabilities and expand its global footprint. By focusing on pivotal markets such as Singapore,
In the landscape of cryptocurrency exchange, trust is paramount. Coinbase, a leading platform, has found itself at the nexus of concern over recently imposed account restrictions. The crypto community has been alarmed by Coinbase’s rationale for these limits, which the company attributes to a surge in fraudulent activities following the recent U.S. presidential election. In
The rise of digital assets has brought about a myriad of challenges, particularly concerning compliance and secure data exchange among Virtual Asset Service Providers (VASPs). In response to these challenges, the Travel Rule Universal Solution Technology (TRUST), led by Coinbase, has introduced TRUSThub—a groundbreaking platform designed to facilitate data sharing and bolster compliance. Officially announced
Woori Technology, a prominent venture capital firm based in South Korea, is poised to make a potentially significant move by selling its stake in Dunamu, the holding company of the Upbit cryptocurrency exchange. Established in 2015, Woori made an investment of 5.5 billion KRW, acquiring an unspecified percentage of equity in Dunamu. Fast forward nearly
In a striking move that underscores the rift between the cryptocurrency sector and federal regulators, Brian Armstrong, CEO of Coinbase, has declared that the exchange will terminate its relationships with law firms employing former regulatory officials. This decision stems from Armstrong’s assertion that certain regulatory actions taken against the crypto industry were unlawful. In his
Coinbase, the preeminent cryptocurrency exchange in the United States, recently found itself at the center of a storm following its decision to limit user access via Virtual Private Networks (VPNs). This move has generated significant backlash from the cryptocurrency community, raising critical questions about user privacy, security measures, and the implications of restricting VPN use
In a rapidly evolving crypto landscape, strategic partnerships can make or break organizations. SBI VC Trade, a subsidiary of Japan’s distinguished SBI Holdings, is solidifying its position through pivotal collaborations with the struggling DMM Bitcoin and the ambitious Metaplanet, marking a significant chapter in Japan’s blockchain journey. This article examines these alliances, the context behind
On December 2, Coinbase made headlines by announcing its integration with Apple Pay within the Coinbase Onramp service. This strategic move is set to drastically simplify the process for users eager to convert their fiat currency into cryptocurrencies. With a surge in digital asset interest, bringing Apple Pay—a payment solution with more than 60 million
