Tags : platforms

Regulation

South Korea bans crypto executives from trading on their own

Korean minister says all 200 crypto exchanges in the country face a risk of closing down Eun Seong-soo, chairman of the Finance Committee in South Korea, said this morning that over 200 cryptocurrency exchanges at the risk of being closed down in September this year if they fail to follow the relevant regulations, as per […]Read More

Regulation

Crypto traders turn to OTC platforms amidst Bitcoin crackdown

Millionaires in China are turning to over-the-counter services to trade and buy Bitcoin and other cryptocurrencies even as the local government says it would crackdown on the sector, as per a report on business outlet Bloomberg today. Rising exchange rate Officials in the country said earlier this month they would hunt down and end mining […]Read More

Market

Ethereum and DeFi are forcing smart contract platforms to evolve

The decentralized finance movement was a ticking time bomb waiting to detonate when it finally exploded in 2020. From automated market makers to the industry’s current obsession with liquidity mining, DeFi has grown leaps and bounds over the last year. Most decentralized finance applications are deployed on the Ethereum blockchain, bringing billions of dollars onto […]Read More

Regulation

Hong Kong’s Bitcoin trading ban could see users turn to

Hong Kong’s crypto users could shift to “unregulated” and riskier venues to trade their digital assets should the government move forward with tighter controls on the rising sector, a group of crypto exchange owners said over the weekend. The way out of regulation The statements came months after Hong Kong’s Financial Services and the Treasury […]Read More