Binance Exits Russia, Sells Operations to CommEX
Binance sells its entire Russia business to CommEX and exits the market amid regulatory pressures related to sanctions over the Ukraine war.
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XRP’s Downtrend Persists as Bearish Pattern Signals No Relief
XRP continues to trade within a descending price channel characterized by lower highs and lower lows, signaling that the downtrend is likely to continue.
Binance Partners with Top Japanese Bank for Yen-Pegged Stablecoins
Binance Japan will launch yen, dollar, and euro stablecoins in 2024 through a partnership with Mitsubishi UFJ’s trust bank.
NBA Champ Dellavedova Trades Hoops for Bitcoin at Swan
Former LeBron James teammate and NBA champion Matthew Dellavedova has joined Bitcoin-only exchange Swan as VP of Business Development.
Solana’s Price Resistance at $21: What’s Next?
An inverted head and shoulders pattern provides bullish hopes for Solana, but key indicators signal SOL still faces significant bearish momentum and uncertainty near-term.
JPMorgan’s UK Bank Bans Crypto Payments Amid Scams
JPMorgan Chase’s subsidiary for the UK market, Chase, will start prohibiting outward bank transfers and payments connected to cryptocurrencies on October 16.
Taiwan Bans Unregistered Foreign Crypto Exchanges
Taiwan’s financial regulator has introduced new rules like segregating customer assets and requiring registration for global crypto exchanges to improve investor protections.
Gemini Invests $24M Towards India Expansion
Cryptocurrency exchange Gemini is investing $24 million into expanding its operations in India, citing the country’s supportive environment for startups.
Circle Launches Euro Stablecoin EURC on Stellar
Circle has released a Stellar-based version of its euro-backed stablecoin EURC to provide European users a way to make blockchain payments in their local currency.
Shanghai Court Recognizes Bitcoin’s Value Despite China’s Ban
A new report from a Shanghai court acknowledges Bitcoin’s uniqueness, scarcity, and inherent value as a digital asset, even as China maintains a blanket ban on crypto.