Halts

KuCoin Halts Naira-Based Peer-to-Peer Trading, Citing Compliance

KuCoin Halts Naira-Based Peer-to-Peer Trading, Citing Compliance

Last updated: May 15, 2024 08:33 EDT | 2 min read KuCoin has made the decision to suspend all naira-based peer-to-peer (P2P) trading in response to increased scrutiny from Nigeria’s regulatory authorities. The move comes three weeks after the country’s Securities and Exchange Commission (SEC) met with industry players and urged them to cease P2P […]

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Grayscale’s GBTC Halts Massive Outflow Streak With $4M Inflows

Grayscale’s GBTC Halts Massive Outflow Streak With $4M Inflows

Grayscale’s spot Bitcoin ETF – GBTC – recorded its second consecutive day of net inflows on Monday, attracting $4 million into the trust. In doing so, GBTC shattered the four-month streak of outflows. This follows Friday’s reversal of a 78-day net outflow trend, with an additional $63 million. Since its transition to a spot Bitcoin

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Binance Halts Nigerian Naira Transactions, Compliance Concerns Intensify

Binance Halts Nigerian Naira Transactions, Compliance Concerns Intensify

Binance has announced its plans to halt its services involving the Nigerian Naira (NGN) due to heightened regulatory attention from authorities in Nigeria. The crypto exchange said that it will remove all current NGN pairs by Thursday, and any remaining NGN balances will be transformed into USDT by Friday. According to the official blog post,

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Coinbase Halts Staking Services in Maryland Following Securities Commissioner’s Order

Coinbase Halts Staking Services in Maryland Following Securities Commissioner’s Order

Coinbase responded to Maryland’s order by adjusting its staking services for state residents. Image by mehaniq41, Adobe Stock. In an unfolding development, the US cryptocurrency exchange Coinbase announced the suspension of its staking services in Maryland today via an e-mail to its customers. The decision follows a preliminary cease and desist order issued by the

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