Crypto

Cryptocurrency derivatives exchange Bitget announced revised Know Your Customer (KYC) requirements to ensure compliance with global regulatory standards. The move comes as the crypto exchange aims to align its operations with recommendations from international regulatory bodies and to provide a secure environment for cryptocurrency trading.The exchange claims that the revised KYC…

Tesla and SpaceX CEO Elon Musk has expressed support for Vivek Ramaswamy, the youngest candidate in the Republican presidential field.In response to a snippet of Ramaswamy’s interview on Tucker Carlson’s Tucker on Twitter podcast, Musk indicated that Ramaswamy demonstrated his potential as a promising candidate.”He is a very promising candidate,” the billionaire said. Known for his frank opinions…

Experts in Brazil think BRICS leaders will agree to launch a digital fiat for the bloc at a summit next week.The experts said the coin could debut in the next five to 10 years.Per CNN Brasil and Tass, Evandro Caciano, the head of foreign exchange at Trace Finance, claimed that the nations…

A South Korean man has been handed a suspended jail term of almost three years after he was found guilty of armed robbery “to clear a crypto debt.”According to the South Korean media outlet WowTV, the unnamed criminal was 22 years old and had amassed debts of over $37,000 due…

Australia-based cryptocurrency lender, Helio Lending Pty Ltd, has been handed a non-conviction bond after falsely claiming to hold an Australian credit license. The Australian Securities and Investments Commission (ASIC) revealed that Helio falsely claimed it held a credit license in an August 2019 news article on its website. Helio Lender, which offered…

Coinbase’s offshore derivatives exchange has experienced a significant surge in trading activity, with volumes approaching $300 million per day.According to data from The Block’s data dashboard, Coinbase International, which facilitates trading in perpetual futures contracts, has consistently surpassed $100 million in daily volumes since August 14. On August 18, the platform’s volumes reached…

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