Binance has introduced a new product for its users across Latin America to seamlessly transfer their cryptocurrency holdings into their bank accounts. The newly launched service, Send Cash, allows crypto transfers from nine countries in the region, including...
In another significant step marking its expansion into the financial services sector, X (formerly Twitter) has obtained a financial services license in another state in the U.S. According to public records, X, via its subsidiary Twitter Payments, secured...
Binance has announced that it will no longer offer about 39 liquidity pools to users. The crypto exchange noted that the decision was based on its latest periodic review of listed liquidity pools aimed at optimizing trading experiences....
As central banks worldwide intensify efforts to explore the benefits and issue a central bank digital coin (CBDC) in respective countries, the Reserve Bank of Australia (RBA) has declared that the nation is not yet prepared to issue...
Binance has launched its instant payment service, Binance Pay, in Brazil. In a blog post on August 22, 2023, the crypto exchange noted that the move was to allow local merchants to offer a new payment alternative to...
Coinbase and Circle have announced a strategic restructuring of their partnership, ushering in a new chapter in the governance of the US Dollar Coin (USDC). In a joint blog post on August 21, 2023, the two companies unveiled...
Bitget has unveiled a comprehensive update to its Know Your Customer (KYC) procedures and the new policy is slated to take effect from September 1, 2023. The Seychelles-based cryptocurrency exchange announced this development on Monday, August 21, 2023,...
On August 21, 2023, Coinrule announced a strategic partnership with Coinbase to integrate its suite of AI-automated trading tools into the crypto exchange's Advanced Trading services. According to Coinrule's announcement, its offerings include a range of features designed...
Kenyan Authorities have asked its citizens to participate in shaping the country's policy toward cryptocurrencies and blockchain technology. The Financial Reporting Centre (FRC), on August 16, 2023, announced that all Kenyans are invited to participate in a public...
Mastercard has announced a new project that brings together top blockchain technology and payment service providers to explore the potential benefits and challenges of central bank digital currencies (CBDCs) and how to implement them safely and effectively. In...
