Binance.US suspends USD deposits, warns withdrawal pause incoming
Binance.US said the moves are part of efforts to protect customers and the platform amid “extremely aggressive and intimidating tactics” by the SEC. Go to Source Powered by WPeMatico
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Binance halts Bitcoin withdrawals for the second time in 12 hours
The crypto exchange said it temporarily closed BTC withdrawals due to a “large volume of pending transactions.” Go to Source Powered by WPeMatico
Indian Crypto Exchanges Drop Fiat Support as Banks Close Their Accounts per RBI Ban
Cryptocurrency exchanges in India have one by one announced the shut down of their fiat deposits and withdrawals as banks start closing their accounts per RBI’s crypto banking ban. Meanwhile, they are trying to educate the central bank in hopes of easing the ban. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space RBI Ban … Read more
Indian Crypto Exchanges Prepare for RBI Ban – New Trading Tools, No Fiat
As the start of the crypto banking ban by the Reserve Bank of India approaches, cryptocurrency exchanges in the country are preparing to stop fiat deposits and withdrawals while boosting crypto-to-crypto trading. Zebpay plans to continue crypto-INR trading pairs even after the ban. Unocoin has launched a weighted basket order tool to simplify crypto investing. … Read more
Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report
The Bank of International Settlements (BIS) has leased a chapter from its forthcoming annual report that delivers a critical appraisal of bitcoin and cryptocurrency. The report attacks virtual currencies from several main standpoints: claiming that cryptocurrencies do not effectively perform monetary functions due to price volatility, that the retail adoption of blockchain-based payment mechanisms would … Read more
Two Indian Token Marketplaces Suspend Trading Due to Regulatory Pressure
Two Indian crypto token marketplaces have announced that they will halt trading from March 5. The platforms state that this is due to regulatory pressure which put their businesses “under a lot of stress.” Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Two Token Marketplaces Halt Trading Two Indian crypto token marketplaces, Btcxindia … Read more
SEC Suspends Trading of Three Companies With Ties to Cryptocurrency
The U.S. Securities and Exchange Commission (SEC) has suspended trading in the stocks of three companies with ties to cryptocurrency. One of the three is also planning an initial coin offering. The SEC says it is concerned about the nature of the companies’ business operations and the value of their assets. Also read: Japan’s DMM Bitcoin … Read more
