Monero Faces Sharp Decline as Binance Announces Delisting
Binance announces Monero delisting, affecting trading pairs and withdrawals. Market reacts with XMR price drop. Regulatory pressures contribute to exchange's decision.
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Kraken may drop Tether's USDT in Europe due to impending MiCA regulations, amid regulatory scrutiny and compliance uncertainties.
Kraken to cease XMR support in Ireland and Belgium due to EU regulations. Trading and deposits stop on May 10, delisting on June 10. Balances to be converted to BTC. Monero's price holds steady amidst global regulatory scrutiny. Exchanges worldwide adjusting to comply with regulations.
Bakkt's future hangs in the balance as it navigates turbulent waters in the stock market. With mounting pressure from the NYSE and persistent financial woes, the company faces an uphill battle to regain stability and investor confidence.
OKX, a leading cryptocurrency exchange, is delisting multiple tokens to ensure a stable trading environment. This decision, aligned with exchange guidelines, follows a routine performance review. Affected trading pairs and their delisting schedules have been announced. Additionally, token deposits for specified assets are temporarily suspended, with withdrawals set to cease on March 5, 2024. This move underscores OKX's commitment to maintaining a secure and efficient trading ecosystem. Users are urged to stay informed and manage their assets accordingly.
Coinbase, one of the leading cryptocurrency exchanges, has decided to terminate its support for Bitcoin SV (BSV), a contentious cryptocurrency that emerged as a result of a hard fork from Bitcoin Cash.
The GUSD stablecoin has been fluctuating over the past week and went as low as $0.98.
Exchanges like Binance, BitMEX, and OKX are limiting deposits and withdrawals for Solana’s top stablecoins, without explanation.
Another OpenSea bug strikes again. It's a less-than-ideal way to end the week for the once blue chip NFT collection, Azukis.
Crypto regulations in South Korea require exchanges to enforce strict KYC and AML guidelines and major crypto exchanges have delisted privacy coins in the past as well.