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Boosting Trade Efficiency: XRPL's fixReducedOffersV1 Upgrade
exchange

Boosting Trade Efficiency: XRPL's fixReducedOffersV1 Upgrade

The XRPL's fixReducedOffersV1 amendment, which has achieved 80% consensus, is in a two-week activation countdown, enhancing DEX functionality and addressing reduced offers in order books.

Ukraine’s Largest Bank Privatbank Suspends Money Transfers to Crypto Exchanges amid Martial Law
exchange

Ukraine’s Largest Bank Privatbank Suspends Money Transfers to Crypto Exchanges amid Martial Law

Other local banks in Ukraine have also imposed restrictions authorized by the country’s central bank under the current martial law.

Cryptocurrency Detective ZachXBT Uncovers Unusual ETH Withdrawals for MTG Cards
exchange

Cryptocurrency Detective ZachXBT Uncovers Unusual ETH Withdrawals for MTG Cards

ZachXBT's analysis of cryptocurrency transactions involving the withdrawal of over 11,200 ETH, equivalent to $25 million, raises questions about the source and intent of these funds.

Bitcoin Wallets Transferring Funds to Crypto Exchanges have Doubled Since January
exchange

Bitcoin Wallets Transferring Funds to Crypto Exchanges have Doubled Since January

Glassnode, an on-chain market analytics firm, has disclosed that addresses sending Bitcoin to crypto exchanges have doubled since January 2020.

Ethereum Shifting to Cold Wallets for DeFi-Related & Holding Activities
exchange

Ethereum Shifting to Cold Wallets for DeFi-Related & Holding Activities

ETH supply on exchanges has been shrinking by being transferred to cold storage.

Colombian Bank Banco de Bogotá to Support Customers to Transfer funds to Crypto Exchange
exchange

Colombian Bank Banco de Bogotá to Support Customers to Transfer funds to Crypto Exchange

Colombia-based commercial bank Banco de Bogotá will support customers to transfer funds to cryptocurrency exchanges for trading through its banking services.

Nigeria Plans to Regulate Digital Asset Platforms
exchange

Nigeria Plans to Regulate Digital Asset Platforms

Nigeria’s SEC is considering new regulations for digital asset platforms, allowing licensed digital exchanges to list tokens backed by certain assets. Cryptocurrencies like Bitcoin and Ether will not be among those assets. Nigeria aims to register fintech firms as digital sub-brokers, crowdfunding intermediaries, fund managers, and tokenized coins issuers. Crypto exchanges will not be registered until the central bank provides clear regulations.

South Korea's Banking Association Cautions Against Growing Altcoin Influence
exchange

South Korea's Banking Association Cautions Against Growing Altcoin Influence

The Korea Federation of Banks wants its members to keep track of altcoins that trade on crypto exchanges.

The Biggest Cryptocurrency Exchanges In 2021
exchange

The Biggest Cryptocurrency Exchanges In 2021

It can be extremely scary to invest in cryptocurrencies especially for a new time investor due to the constant news they hear about scams.

Bitcoin Inflows to Exchanges on the Rise, Which Could Signal a Bearish Momentum
exchange

Bitcoin Inflows to Exchanges on the Rise, Which Could Signal a Bearish Momentum

An increase of Bitcoin inflows to crypto exchanges is being witnessed.

FATF Virtual Assets Guidelines for Cryptosphere Review
exchange

FATF Virtual Assets Guidelines for Cryptosphere Review

With the growing concern of virtual assets/cryptocurrencies being used as a medium for the financing of illegal activities, the Financial Action Task Force (FATF) issues revised guidance from time to time to combat money laundering and terrorist financing involving virtual assets (VAs) and virtual asset service providers (VASPs).

UK Requests Crypto Exchanges to Report Suspected Sanction Breaches
exchange

UK Requests Crypto Exchanges to Report Suspected Sanction Breaches

The UK authorities have introduced the new rules in response to Russia’s invasion of Ukraine. The regulations cover all valuable digital assets.

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