Binance is the leading crypto exchange platform in terms of trading volume, having users spread across the globe, outperforming Coinbase, Kraken, Bybit, and OKX in trading volume.

Explore top crypto exchanges that are sculpting our digital economy.



#cryptoexchange #binance #coinbase #kraken #bybit #okx #coinpedia

#Binance, world's largest #cryptoexchange, faces multi-billion penalty from #CFTC for #regulatory non-compliance.

US CFTC's heightened penalties reflect warnings to #crypto firms, emphasizing need for compliance in markets.
https://coinpedia.org/news/why-did-binance-exchange-pay-a-4-3-billion-penalty/

#Binance, the largest #cryptoexchange, faces intense U.S. #regulatory scrutiny, resulting in a record $4.3 billion settlement.

The SEC continues its lawsuit, alleging mishandling funds, misleading investors, and violating securities rules.
https://coinpedia.org/news/sec-stands-firm-binance-battle-rages-on-despite-dojs-4-3-billion-settlement/

What are the key considerations when choosing between Centralized Exchanges and Decentralized Exchanges?

Want to know How #CEXs and #DEXs differ in terms of features and benefits?

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Click Below to Read This Interesting Research Report 👇👇
https://coinpedia.org/research-report/crypto-exchange-report-monthly-performance-analysis-of-cex-and-dex/

🔵Top #CryptoNews News in Last 12 Hours

1️⃣#Upbit, South Korea’s largest #crypto exchange, will list the ID Korean won trading pair, ID (SPACE ID) rose 81.71% in 24 hours.

2️⃣ Thailand exempts digital asset transactions from value-added tax. The tax exemption is effective January 1, 2024, with no expiration date.

3️⃣ South Korea to enforce "Virtual Asset User Protection Act" from July 19, targeting market manipulation and illegal transactions.

4️⃣Japan's Financial Services Agency amends law for #DAO member rights tokens, aiming to treat them like LLC member rights, easing regulations.

5️⃣ #Cryptoexchange #Bitsonic's CEO, Jinwook Shin, sentenced to 7 years for $7.5M theft. Company shut due to internal issues.

6️⃣US judge approves sealed settlement between #BlockFi and #3AC, resolving disputes over millions. Details remain confidential.

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Top #CryptoNews In Last 12 Hours

1️⃣ OANDA, a US-based #crypto brokerage, expanded to the UK, offering 63 crypto pairs, adhering to strict regulations.

2️⃣ #MicroStrategy's X account was hacked, posting a phishing message about an $MSTR token launch, resulting in $440K crypto theft.

3️⃣ Australian #Cryptoexchange mistakenly credits $653,000 instead of $65,300, seeks $328,000 recovery. Similar case with Crypto.com. involving court actions.

4️⃣ #Blockchain detective Zachxbt alerts users to $56.5 million withdrawal from BitForex, halting withdrawals, CEO's resignation raises concerns.

5️⃣ South Korea's FSS Chair and SEC to meet, discussing #BitcoinETFs and #NFTs, shaping virtual finance's future.

Hong Kong's SFC receives applications from 22 major players, including Crypto.com and OKX, for #crypto licenses.

SFC ceases #cryptoexchange license applications; non-compliant exchanges must close by May 31, 2024.
https://coinpedia.org/news/hong-kongs-sfc-tightens-crypto-market-with-new-licensing-regime-whats-next/

Rumors swirl about #OKX founder Star Xu under US investigation, reflecting past legal troubles.

Alvin, a Chinese whistleblower, suggests investigations are likely rumors to boost OKB's market strength.

#Crypto #Cryptoexchange #CryptoNews
https://coinpedia.org/news/okx-founder-star-xu-faces-a-rumored-us-investigation-fact-or-fiction/

Breaking : #Robinhood received a"Wells Notice" from the SEC on May 4.

#Crypto #CryptoNews #Cryptoexchange

🔵 SEC staff recommended filing a lawsuit against Robinhood.

🔵 Allegations suggest potential violations of the Securities Exchange Act."

🔵 The situation involves regulatory scrutiny and legal action against Robinhood.

Chinese authorities dismantle $300 million #cryptoexchange fraud, detain six suspects, combat illicit virtual currency trading.

Operation led by Panshi City, Jilin Province Public Security Bureau, reveals illegal RMB-Korean Won exchange scheme. #CryptoNews
https://coinpedia.org/news/chinas-authorities-seize-300-million-in-massive-crypto-fraud/