Crypto exchanges News from the Crypto Trading Industry

Binance's effort to align with Turkish laws.

in Europe as demand for digital assets continues to grow.

increase, and 1.3 million users in the U.K., compared to Binance's 729.5K. Binance's struggles with regulatory issues, including conflicts with the SEC, have contributed to its decline in these key markets. Meanwhile, other platforms like Crypto.com and Robinhood are also gaining traction as users seek alternatives.

Sologenic (SOLO), will be completed by March 1, 2025. Users must withdraw these tokens by September 1, 2024, as withdrawals will not be supported afterward. The conversion rate will be based on the average exchange rate from September 2, 2024, to March 1, 2025, with equivalent USDC credited to users' wallets. This move reflects Binance's focus on optimizing its asset portfolio and adapting to regulatory and liquidity considerations in the crypto industry.

agreement, finalized after Binance submitted a revised proposal in February 2024, comes after the CVM rejected an earlier offer of 2 million reais in August 2023. The dispute dates back to July 2020 when the CVM ordered Binance to stop its unauthorized derivatives trading services in Brazil. By settling the case, Binance avoids further regulatory action and strengthens its position in the Brazilian market.

Notably, KMNO, PRCL, and ZEX are restricted from users in Canada and the United States. Each token serves distinct functions within the crypto ecosystem, ranging from decentralized auctions (AUCTION) to DeFi solutions (KMNO) and blockchain infrastructure enhancements (ZK).

resolve the issue. Indian law requires a 1% TDS on every crypto transaction and a 30% tax on crypto profits. Binance’s $86 million fine aims to recoup fees collected from Indian users.

controls. Operating under Kraken Financial, it ensures assets are held separately from the exchange. This expansion meets the growing institutional demand for robust custody solutions and strengthens Kraken's global presence. Kraken, backed by investors like Digital Currency Group and Blockchain Capital, offers trading of over 210 cryptocurrency assets and serves over 10 million clients.

of clients, thereby pocketing the fee difference or offering reduced fees to attract new customers. This change aims to prevent these brokerages from unfairly profiting from the system's tiered discounts.

expanding its crypto offerings and supporting a diverse range of blockchain technologies, providing users with more trading options and opportunities for portfolio diversification.

all charges. The trial could significantly impact Binance's operations in Nigeria and the regulatory landscape for cryptocurrencies in the region.

outreach programs. Kraken's CMO, Mayur Gupta, and Atletico Madrid's CROO, Oscar Mayo, highlighted the partnership's potential to enhance the digital experience for fans and increase cryptocurrency awareness.

its loyal customers. Rachel Conlan, Binance's Chief Marketing Officer, emphasized the company's commitment to values such as humility, kindness, collaboration, and gratitude.

reserves for customer assets, and robust compliance programs. Binance.US criticized the SEC's enforcement tactics, calling it "regulation by enforcement" and attributing their challenges to politically motivated actions by the agency's current leadership.

and 24-hour sparklines for quick market insights. The widget aims to streamline the trading process, allowing users to focus on strategy and market analysis, with customizable layouts and quick access to favorite markets.