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South Korean Crypto Exchanges Restrict Russians’ Access Over War in Ukraine

Major South Korean cryptocurrency exchanges have introduced restrictions for Russian users, effectively joining western sanctions over Moscow’s military invasion of Ukraine. The measures include blocking IP addresses originating from the…

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South African Crypto Exchange Valr Raises $50 Million in Series B Funding Round

South African cryptocurrency exchange Valr announced recently that it has raised $50 million in a Series B round led by Pantera Capital. The capital raise means Valr is now valued…

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Ukraine Asks Crypto Exchanges to Freeze Accounts of All Russian Users — Major Exchanges Deny Request

The vice prime minister of Ukraine has asked all major cryptocurrency exchanges to freeze accounts of all Russian users. However, some crypto exchanges have already denied the request. Binance confirmed…

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Ukraine Targets Russian Politicians’ Crypto Wallets as Russian Banks Are Cut From SWIFT

Ukraine is now trying to expose cryptocurrency wallets used by politicians in Moscow amid warnings that Russia may employ digital coins to circumvent sanctions. The initiative comes as western allies…

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Coinbase’s Trading Volume Grew 8.5 Times in 2021 — With 89 Million Verified Users

The Nasdaq-listed cryptocurrency exchange Coinbase says the number of monthly transacting users on its platform rose to 11.4 million at the end of 2021, which was more than four times…

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Cash App’s Bitcoin Revenue Grew 119% in 2021, Gross Profit From BTC Rose 124%

Popular mobile payment platform Cash App, developed by Jack Dorsey’s Block Inc., generated $10 billion in bitcoin revenue and $218 million in bitcoin gross profit in 2021. Compared to the…

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Stock Exchange of Thailand to Launch Digital Asset Exchange ‘Very Soon’

The Stock Exchange of Thailand is getting ready to launch a digital asset exchange. The president of the Thai bourse expects the country’s crypto regulator, the Thai Securities and Exchange…

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Crypto Exchange Binance Joins Expert Center at Russian Banks Association

Digital asset exchange Binance has become the first crypto company to support the Association of Banks of Russia in efforts devoted to regulating the country’s growing cryptocurrency market. The coin…

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