Crypto Exchange
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OKX Introduces Exchange OS to Support User-Created Crypto Trading Markets
Crypto exchange OKX has launched Exchange OS, a new platform built on its Ethereum Layer 2 network X Layer that allows users to create spot perpetuals and outcomes markets. The company said the platform will support shared liquidity, custom compliance frameworks, and high-speed on-chain trading infrastructure.
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US SEC Drops Fraud Case Against BitClout Founder Nader Al-Naji
The US Securities and Exchange Commission has dismissed its civil fraud lawsuit against BitClout founder Nader Al-Naji. The case accused him of raising $257 million (roughly Rs. 2,374 crore) through the sale of the project’s native token while allegedly misleading investors about how the funds would be used. The case was dismissed with prejudice...
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Crypto Firms Form Global Alliance to Standardise Stablecoin Payments
A group of major blockchain organisations, including Solana Foundation, Polygon Labs, Stellar Development Foundation, and Fireblocks, has launched the Blockchain Payments Alliance to improve interoperability and compliance across stablecoin payments. The collaboration seeks to create unified standards for digital transactions, reduce fragmentation ...
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Gemini Crypto Exchange Aims to Launch Regulated Prediction Market Contracts
Gemini Space Station is planning to expand beyond crypto trading by launching regulated prediction market contracts. The exchange, which went public in September, is reportedly seeking CFTC approval to offer users the ability to trade outcomes of real-world events such as elections and economic data.
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Japan’s Financial Services Agency Mulls Crypto Regulation Under FIEA
Japan’s Financial Services Agency has proposed transferring cryptocurrency oversight from the Payment Services Act to the stricter Financial Instruments and Exchange Act. The move aims to address issues such as unregistered operations, scams, disclosure gaps, and security flaws, while improving investor protection. If approved by the Financial Sy...
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BYDFi Signs Multi-Year Crypto Partnership With Newcastle United
Newcastle United has signed a multi-year partnership with global crypto exchange BYDFi, making it the Club’s Official Crypto Exchange Partner. Announced via the Club’s website, the deal aims to expand Newcastle’s international presence while giving fans access to digital finance tools and experiences. Magpies now join Arsenal, Chelsea, Manche...
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Coinbase Launches Stablecoin Payments Service for E-Commerce
Coinbase is launching a platform designed to make stablecoins a go-to payment method for online transactions. The payments initiative could help add new sources of revenue, according to Mark Palmer, analyst at Benchmark.
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Iran Crypto Exchange Nobitex Hit by Hackers, $90 Million Destroyed
Nobitex, one of Iran's largest cryptocurrency exchanges, has been hacked for $90 million (roughly Rs. 782 crore). Nobitex’s website was unavailable Wednesday. Messages sent to the company’s support channel on Telegram were not returned.
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Iran Crypto Exchange Hit By Hackers, $90 Million Destroyed
An anti-Iranian hacking group with possible ties to Israel announced an attack on one of Iran's largest cryptocurrency exchanges, destroying nearly $90 million and threatening to expose the platform's source code.
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Coinbase Announces American Express-Backed Crypto Credit Card That Offers Bitcoin Rewards
Coinbase has introduced a crypto credit card in partnership with American Express. A blog post by Coinbase claimed that the card would waive trading fees on the first $500 (roughly Rs. 43,000) earned in trades. Meanwhile, USDC stablecoin holders will be able to gain additional rewards.
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Coinbase Breach Said to Be Linked to Customer Data Leak in India
Coinbase said in the May SEC filing that it knew contractors accessed employee data "without business need" in "previous months." A May 14 SEC filing revealed that part of the breach involved an India-based employee of the US outsourcing firm TaskUs photographing her work computer with a personal phone.
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Apple Follows Google in Blocking 14 Unregistered Crypto Exchange Apps in South Korea
This week, Apple removed 14 crypto exchange apps from its App Store in South Korea for not being in compliance with the country’s licensing regime. KuCoin and MEXC are among the impacted apps. Unregistered crypto businesses lack government protection and can pose financial risks to the users – which is why South Korea believes in cutting access...
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Crypto Assets May Gain Legal Status in Japan as Regulators Aim to Tackle Insider Trading: Report
Japan's financial regulators are reportedly revising the Financial Instruments and Exchange Act to include crypto assets, aiming to submit the reformed bill to parliament by 2026 after completing their analysis. Led by the Financial Services Agency (FSA), this initiative aims to foster crypto industry growth under stringent regulatory oversight.
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US SEC to Move Away from Requiring Crypto Firms to Register as Trading Systems, Chief Says
The acting chief of the US Securities and Exchange Commission (SEC) said on Monday he has directed staff to look at ways to abandon a plan that would have widened the definition of alternative trading systems to include some cryptocurrency firms.
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OKX Admits to Unlicensed Operations, Agrees to $505 Million Settlement with US DoJ
The OKX crypto exchange has pleaded guilty to operating an unlicensed money transmission business in the US. As part of the settlement, its parent company, Aux Cayes FinTech, paid an $84 million (roughly Rs. 731 crore) penalty and forfeited $421 million (roughly Rs. 3,667 crore) in fees, primarily collected from a few institutional clients.
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OKX Introduces Exchange OS to Support User-Created Crypto Trading Markets
Crypto exchange OKX has launched Exchange OS, a new platform built on its Ethereum Layer 2 network X Layer that allows users to create spot perpetuals and outcomes markets. The company said the platform will support shared liquidity, custom compliance frameworks, and high-speed on-chain trading infrastructure.
-
US SEC Drops Fraud Case Against BitClout Founder Nader Al-Naji
The US Securities and Exchange Commission has dismissed its civil fraud lawsuit against BitClout founder Nader Al-Naji. The case accused him of raising $257 million (roughly Rs. 2,374 crore) through the sale of the project’s native token while allegedly misleading investors about how the funds would be used. The case was dismissed with prejudice...
-
Crypto Firms Form Global Alliance to Standardise Stablecoin Payments
A group of major blockchain organisations, including Solana Foundation, Polygon Labs, Stellar Development Foundation, and Fireblocks, has launched the Blockchain Payments Alliance to improve interoperability and compliance across stablecoin payments. The collaboration seeks to create unified standards for digital transactions, reduce fragmentation ...
-
Gemini Crypto Exchange Aims to Launch Regulated Prediction Market Contracts
Gemini Space Station is planning to expand beyond crypto trading by launching regulated prediction market contracts. The exchange, which went public in September, is reportedly seeking CFTC approval to offer users the ability to trade outcomes of real-world events such as elections and economic data.
-
Japan’s Financial Services Agency Mulls Crypto Regulation Under FIEA
Japan’s Financial Services Agency has proposed transferring cryptocurrency oversight from the Payment Services Act to the stricter Financial Instruments and Exchange Act. The move aims to address issues such as unregistered operations, scams, disclosure gaps, and security flaws, while improving investor protection. If approved by the Financial Sy...
-
BYDFi Signs Multi-Year Crypto Partnership With Newcastle United
Newcastle United has signed a multi-year partnership with global crypto exchange BYDFi, making it the Club’s Official Crypto Exchange Partner. Announced via the Club’s website, the deal aims to expand Newcastle’s international presence while giving fans access to digital finance tools and experiences. Magpies now join Arsenal, Chelsea, Manche...
-
Coinbase Launches Stablecoin Payments Service for E-Commerce
Coinbase is launching a platform designed to make stablecoins a go-to payment method for online transactions. The payments initiative could help add new sources of revenue, according to Mark Palmer, analyst at Benchmark.
-
Iran Crypto Exchange Nobitex Hit by Hackers, $90 Million Destroyed
Nobitex, one of Iran's largest cryptocurrency exchanges, has been hacked for $90 million (roughly Rs. 782 crore). Nobitex’s website was unavailable Wednesday. Messages sent to the company’s support channel on Telegram were not returned.
-
Iran Crypto Exchange Hit By Hackers, $90 Million Destroyed
An anti-Iranian hacking group with possible ties to Israel announced an attack on one of Iran's largest cryptocurrency exchanges, destroying nearly $90 million and threatening to expose the platform's source code.
-
Coinbase Announces American Express-Backed Crypto Credit Card That Offers Bitcoin Rewards
Coinbase has introduced a crypto credit card in partnership with American Express. A blog post by Coinbase claimed that the card would waive trading fees on the first $500 (roughly Rs. 43,000) earned in trades. Meanwhile, USDC stablecoin holders will be able to gain additional rewards.
-
Coinbase Breach Said to Be Linked to Customer Data Leak in India
Coinbase said in the May SEC filing that it knew contractors accessed employee data "without business need" in "previous months." A May 14 SEC filing revealed that part of the breach involved an India-based employee of the US outsourcing firm TaskUs photographing her work computer with a personal phone.
-
Apple Follows Google in Blocking 14 Unregistered Crypto Exchange Apps in South Korea
This week, Apple removed 14 crypto exchange apps from its App Store in South Korea for not being in compliance with the country’s licensing regime. KuCoin and MEXC are among the impacted apps. Unregistered crypto businesses lack government protection and can pose financial risks to the users – which is why South Korea believes in cutting access...
-
Crypto Assets May Gain Legal Status in Japan as Regulators Aim to Tackle Insider Trading: Report
Japan's financial regulators are reportedly revising the Financial Instruments and Exchange Act to include crypto assets, aiming to submit the reformed bill to parliament by 2026 after completing their analysis. Led by the Financial Services Agency (FSA), this initiative aims to foster crypto industry growth under stringent regulatory oversight.
-
US SEC to Move Away from Requiring Crypto Firms to Register as Trading Systems, Chief Says
The acting chief of the US Securities and Exchange Commission (SEC) said on Monday he has directed staff to look at ways to abandon a plan that would have widened the definition of alternative trading systems to include some cryptocurrency firms.
-
OKX Admits to Unlicensed Operations, Agrees to $505 Million Settlement with US DoJ
The OKX crypto exchange has pleaded guilty to operating an unlicensed money transmission business in the US. As part of the settlement, its parent company, Aux Cayes FinTech, paid an $84 million (roughly Rs. 731 crore) penalty and forfeited $421 million (roughly Rs. 3,667 crore) in fees, primarily collected from a few institutional clients.
