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KuCoin crypto exchange to introduce mandatory KYC in July

Major cryptocurrency exchange KuCoin is working to strengthen its Know Your Customer (KYC) system by introducing new mandatory identity checks.On June 28, KuCoin officially announced the upcoming KYC system upgrade in a move to increase compliance with global Anti-Money Laundering regulations.The KYC authentication upgrade introduces mandatory KYC checks for all

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Latin American Crypto Services Firm Ripio Receives License to Launch Exchange in Spain

The Argentinian crypto company’s license from Spanish authorities allows Ripio to add Spain to a growing list of countries where it operates. Ripio has obtained a license to operate as a digital asset exchange in Spain. According to an official announcement, the company now has approval to provide crypto exchange

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New exchange EDX reportedly switching out Paxos’ custody services for Anchorage’s

EDX, a cryptocurrency exchange launched a week ago with the backing of traditional finance heavyweights such as Citadel Securities, Fidelity Digital Assets and Charles Schwab, is reportedly preparing to switch custody providers, dropping Paxos Trust in favor of Anchorage Digital. EDX has a noncustodial business model designed to remove conflicts

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Yield Protocol declares full recovery from Euler hack, awaits user token exchange

Yield Protocol announced on June 27 that it had fully recovered from the Euler flash loan attack. Liquidity providers can now update their strategy tokens, the protocol said on Twitter. That was the last step to protocol restoration after “a long journey.”Yield Protocol was one of the 11 decentralized finance

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Coinbase exchange announces trading pair consolidation for supported assets

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase, a leading global cryptocurrency exchange, has made the decision to remove seven more trading pairs for certain supported assets on its platform. By streamlining the available trading options, Coinbase alleges this move is to optimize liquidity

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