CryptoNews

South African Crypto Premium Surge After Kraken Abruptly Starts Blocking Deposits by Local Residents – Africa Bitcoin News

August 31, 2023
The premium on crypto assets listed on South African exchanges briefly surged to 3.5% after Kraken’s abruptly started blocking deposits from users based in the African country. Some South African crypto experts have linked Kraken’s decision to the Financial Action Task Force’s recent addition of the African country to its greylist. Impact of the FATF’s Greylisting According to a report…
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Crypto Exchanges Bybit and Okx Drop Cards of Sanctioned Russian Banks – Exchanges Bitcoin News

August 31, 2023
Cryptocurrency exchanges Bybit and Okx have discontinued support for payment cards issued by sanctioned banks from Russia. The moves follow in the footsteps of Binance, the world’s largest exchange for digital assets, which recently removed such cards from its peer-to-peer (P2P) platform. Bybit and Okx Stop Operations With Sanctioned Russian Banks Bybit and Okx, two of the top crypto spot…
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Binance Mulls Leaving Russia, Limits Options for Russian Users – Exchanges Bitcoin News

August 30, 2023
Crypto exchange Binance considers exiting Russia amid increased scrutiny over its services for users in the sanctioned nation. The news of the potential move comes after the exchange delisted several sanctioned Russian banks from its peer-to-peer (P2P) platform and restricted fiat payment options for Russian traders. Full Russia Exit Is on the Table, Binance Representative Says The world’s…
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SEC's 'Secret' Filing in Binance Case Could Relate to Criminal Investigation, Says Former SEC Official – Regulation Bitcoin News

August 30, 2023
The U.S. Securities and Exchange Commission’s former head of Internet enforcement suspects that the SEC’s “secret” filing in the Binance case is a “rare” tactic that could relate to the Department of Justice’s criminal investigation against the crypto exchange. He stressed that the securities regulator’s “seal-seeking filing is unusual, odd, and uncommon,” emphasizing that the…
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