In its quarterly report, Robinhood Markets Inc, the parent firm of the crypto exchange Robinhood, revealed a substantial increase in total net revenues, soaring by 40% year-over-year to an impressive $618M.
After Binance, Coinbase, and Uniswap, Robinhood has emerged as the latest crypto exchange to receive a Wells notice from the US Securities and Exchange Commission (SEC).
Uniswap has unveiled its integration with Robinhood Connect, allowing users in the United States to purchase crypto tokens directly through the decentralized exchange's mobile app.
Coinbase has announced the rollout of Lightning Network support in collaboration with Lightspark, offering users a faster and cheaper way to transact with Bitcoin directly from their accounts.
Crypto.com has obtained full operational approval from the Virtual Assets Regulatory Authority (VARA), the regulatory body that oversees virtual assets in Dubai.
Coinbase has received a Restricted Dealer license from the Canadian Securities Administrators (CSA), making it the first international exchange to register with the Canadian authorities.
Gemini has received the Digital Asset Service Provider (DASP) authorization from the l’Autorité des Marchés Financiers (AMF). This will allow the crypto exchange to extend its offerings to France-based users.
A federal court has directed Binance to pay a $2.7B penalty to the Commodity Futures Trading Commission (CFTC), bringing an end to the legal feud between the regulator and the crypto exchange.
CRO DAX Middle East FZE, the Dubai entity of Crypto.com, has received a Virtual Assets Service Provider license from Dubai's Virtual Assets Regulatory Authority.
OKX has announced its plans to remove 26 spot trading pairs from its platform by November 10, citing that the flagged trading pairs no longer meet its listing criteria.
Coinbase has acquired a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), bringing it one step closer to expanding its presence in Southeast Asia.
Binance has agreed to sell off its Russian business to the recently launched crypto exchange CommEx as the firm intends to quit the Russian crypto market.
The legal team representing Gemini criticized Digital Currency Group’s recent remuneration plan for creditors of Genesis Global, the now-insolvent crypto trading subsidiary of DCG.
Binance.US CEO Brian Shroder has left the exchange while its regulatory troubles show no sign of letting up. Norman Reed, the Chief Legal Officer of Binance.US, will succeed Shroder as the interim CEO.
Coinbase announced its plans to acquire licenses in the EU, UK, Canada, and other nations as the crypto exchange enters the second phase of international expansion.
Coinbase CEO Brian Armstrong claimed that before suing the exchange in June, the SEC had asked Coinbase to halt trading services for all cryptocurrencies except Bitcoin.
Binance has completed the integration of Bitcoin on the layer-2 protocol Lightning Network to enable faster BTC deposits and withdrawals for its clients.
Gemini filed a lawsuit against Digital Currency Group and its CEO Barry Silbert over allegations of deceiving investors into lending crypto and fiat assets to Genesis.
OKX submitted the DASP license application to obtain regulatory approval from French regulators Autorité des Marchés Financiers (AMF) and Autorité de Contrôle Prudentiel et de Résolution (ACPR).
The first interim report penned by John J. Ray III revealed that FTX lacked adequate governance, accounting, and security controls under its previous leadership.
Crypto exchange Gemini plans to establish a new crypto derivatives platform outside the US. Gemini’s new exchange will primarily feature perpetual futures trading services.
Binance CEO Changpeng Zhao denied the accusations made by the CFTC's complaint. According to him, the regulatory agency's complaint was an “incomplete recitation of facts."
Crypto.com has received the MVP Preparatory License from Dubai’s Virtual Assets Regulatory Authority, bringing it another step closer to securing an operational license from the authorities.
