The introduction of crypto staking services, where users can deposit their coins to earn rewards, has intensified competition among exchanges in South Korea, The Korea Times reported. This service has expanded the scale of staking into trillions of dollars and introduced service brokerage fees as a new source of income for exchanges.Crypto Staking...

CoinEx, a global cryptocurrency exchange, has recently announced that it has obtained authorization as a Virtual Assets Service Provider (VASP) in Poland. This development is anticipated to strengthen CoinEx's standing within the European cryptocurrency market.VASP Authorization in Poland for the European Crypto MarketThis represents a stride in...

Crossover Markets has expanded the reach of its cryptocurrency electronic communication network (ECN), CROSSx, with its integration with Talos, a provider of institutional technology for trading digital assets. An Advantage for Crypto TradersAnnounced today (Monday), CROSSx has become the first ECN to be integrated with Talos. The integration of CROSSx...

Singapore-based custody services provider, Liminal, has obtained regulatory approvals in Abu Dhabi. Liminal's subsidiary, First Answer Middle East, has been granted Financial Services Permission from the Abu Dhabi Global Market's Financial Services Regulatory Authority. Regulatory Approvals in Key MarketsThis approval enables the firm to offer custody...

US Department of Justice (DOJ) has selected Forensic Risk Alliance (FRA) to oversee Binance compliance with money-laundering regulations and trade sanctions, Bloomberg reported. This decision is part of the crypto exchange's plea deal following allegations of violating financial regulations. DOJ selected FRA over renowned Wall Street law firm Sullivan...

The Financial Intelligence Unit (FIU) of India has registered Binance and KuCoin, months after both cryptocurrency exchanges were banned for operating illegally, Coindesk reported. While KuCoin paid a penalty of $41,000 and resumed operations, Binance is awaiting a penalty decision following a hearing with the FIU. Credibility BoostVivek Aggarwal,...