Central Bank of the Kyrgyz Republic is Planning to Regulate Crypto Exchanges

The national bank of Kyrgyz Republic (NBKR) wants to diminish the risk of losing money by giving licenses to cryptocurrency exchanges in the country. The initiative of the central bank will provide security and protection to investors regarding crypto investment. Exchanges will Get Licenses According to Tolkunbek Abdygulov, the chairman of National Bank of the […]

Bitcoin Balance Sheets of Cryptocurrency Exchanges Have Dropped Significantly

According to the latest on-chain reports, BTC held over cryptocurrency exchange has reached two-year lowest position. While addresses holding at least one Bitcoin has also claimed an all-time high value. Since February 2020, the BTC balance sheets of cryptocurrency exchanges have been decreasing. As per the data revealed by on-chain analytics firm Glassnode, Bitcoin over […]

Coinbase Announces to Support Flare Networks’ Airdrop

Coinbase, the largest cryptocurrency exchange in the US, has announced to support the airdrop of the Flare Networks, which may pump XRP’s price high in the future. In its latest blog post over the topic, Coinbase unveiled that it would assist in the airdrop of Spark tokens. The users of the US-based exchange holding XRP […]

BitMEX Gives Only Two Weeks to Users for KYC Compliance

Crypto derivatives exchange BitMEX informs its users that they will have only two weeks for verification. If users fail to verify themselves, they will not be able to withdraw funds. Deadline of Two Weeks According to the announcement by BitMEX on November 19, users of the crypto derivatives exchange will have to complete the KYC […]