Cryptocurrency Exchange

Former Binance CEO CZ's first tweet after his prison release sparked attention, briefly mentioning future plans and enjoying freedom. BNB surged to a monthly high but quickly reversed, declining along with the broader crypto market.

Binance founder CZ will be released today, 27 September, two days ahead of schedule, due to his release date falling on a weekend. Will this trigger a rise in BNB’s price?

The US has acted against two Russian individuals and two crypto exchanges suspected of illicit financing. Named in the investigation are crypto exchanges PM2BTC and Cryptex, along with Sergey Ivanov, Timur Shakhmametov. Authorities are offering up to $10 million for information leading to their arrest.

China announced a "policy bazooka" on Tuesday, introducing measures to boost its economy, including cuts to mortgage rates, the reserve requirement ratio, and new stock market support tools. The key question: will this stimulus boost crypto or push interest towards cheaper fiat currencies?

A Singapore court granted WazirX a four-month conditional moratorium after its July hack, which led to a $234 million loss. The exchange initially requested six months but received a shorter relief period under specific conditions to address its financial situation.

South Korea is launching the Digital Asset User Protection Foundation to help users recover funds trapped in failed cryptocurrency exchanges, which have seen ten out of 22 platforms shut down. The foundation, expected to start operations in October, will coordinate with defunct exchanges to securely manage and return users' assets.

Sweden's authorities are cracking down on unlicensed cryptocurrency exchanges involved in organised crime and money laundering. They are also targeting Bitcoin mining operations, uncovering 90 million SEK in unpaid taxes from 18 firms.

Russian authorities continue to crack down on illegal crypto exchanges, with this latest case highlighting the use of cryptocurrency as a tool for cross-border remittances.

Bybit has launched the world’s first Shariah-compliant Islamic Crypto Account for ethical trading, following Bybit Türkiye’s recognition by Turkey’s Capital Markets Board as a crypto asset service provider.

Swedish authorities label unlicensed crypto exchanges as "professional money launderers," emphasizing the need for enhanced monitoring to combat illegal activities and protect the integrity of the crypto market.