Binance announces exit from Canada
Binance says new guidance on stablecoins has made it untenable to continue operating in the country. New rules required exchanges to seek approval before allowing their customers to buy or deposit stablecoins. The exchange says it will continue to engage regulators even if it doesn’t agree with new guidance. Binance, the world’s largest crypto exchange […]
Binance calls it quits in Canada, blames new rules
Binance is the latest in a string of departures from CEO Changpeng Zhao’s home country; it promises to keep working with regulators. This post was originally published on this site
Chainalysis and Calgary police launch cryptocurrency investigation center
Calgary’s police department has launched the Western Canada Cryptocurrency Investigations Centre, in partnership with blockchain data firm Chainalysis. This post was originally published on this site
Crypto ATM Numbers Drop by 13.91% Since December 2022, Over 3,600 Went Offline in March
According to data from the cryptocurrency automated teller machine (ATM) aggregation website Coin ATM Radar, over 3,600 crypto ATMs went offline in March. Since the end of 2022, the number of crypto ATMs has declined by 13.91% in the last three months. Crypto ATM Numbers Decline in 2023 According to data from Coin ATM Radar, […]
BRICS Emerges as the World’s Largest GDP Bloc, Propelled by China’s Rapid Expansion
BRICS, a set of countries grouped as an alternative to the G7, is now the world’s largest gross domestic product (GDP) bloc, taking purchasing power parity into account, according to reports from Acorn Macro Consulting. Powered By China’s growth, the group now contributes 31.5% to the global GDP, while the G7 provides 30.7%. BRICS Countries […]
DAMX: The Emerging Perpetual Exchange on Fantom
PRESS RELEASE. Canada, Alberta – Cryptocurrency has become a hot topic in recent years, capturing the attention of investors and traders alike. While it has faced its fair share of controversies, it has also opened up new possibilities and transformed the financial sector. With the rise of cryptocurrency, there has been a surge in the […]
G7 to collaborate on tighter crypto regulation: Report
Leaders from Japan, the United States, the United Kingdom, Canada, France, Germany, and the European Union are expected to outline a global cooperative strategy for digital assets in May. This post was originally published on this site
OKX to cease operations in Canada by June 22 2023
“Withdrawals from OKX will continue to be available,” wrote the OKX team in an email to users. ͏ ͏ ͏ ͏This post was originally published on this site
Google Trends Data Reveals Searches for ‘Banking Crisis,’ ‘Bank Runs,’ Skyrocket
Interest in the U.S. banking crisis has risen greatly over the past two weeks, as shown by Google Trends data. There has been a sharp increase in queries related to search terms such as “banking crisis,” “bank collapse,” and “bank failure.” On March 13, 2023, the search term “banking crisis” reached the top Google Trends […]
Spain a Hotbed for Cryptocurrency Real Estate Deals, According to Study
A recent study indicates that Spain is one of the hottest countries regarding real estate offerings that can be paid with cryptocurrency. The report, prepared by Forex Suggest, found that Spain is the country with the most properties available for crypto, followed by Thailand, Portugal, and the UAE. Spain Ranks First Among Countries With […]