Refinitiv, formerly the Financial & Risk business division of Thomson Reuters, will provide an automated Know Your Customer (KYC) application to Binance, the world’s largest cryptocurrency exchange by adjusted trade volume. Effective KYC tools are becoming a critical need for the cryptocurrency industry with the...

NXMH, a Belgium-based investment company, has acquired digital currency exchange Bitstamp in an all cash deal, the exchange’s chief executive officer Nejc Kodric said on Monday. Bitstamp is the largest digital currency exchange in the European Union by volume, with turnover of $100 million...

Cryptocurrency exchange Coinbase has reportedly laid off some employees this week. The cuts have affected its customer support, compliance, and fraud departments. According to sources quoted by Yahoo Finance, more than 15 people have been released from duties, mostly remote staffers. Coinbase has confirmed...

Intercontinental Exchange's Bakkt could get the green-light to launch its bitcoin futures product as soon as next week, according to a source with direct knowledge of the situation. Bakkt, the cryptocurrency platform, in recent weeks has been meeting frequently with regulators from the Commodities Futures...

Cryptocurrency exchange and brokerage giant Coinbase has provided a major stamp of approval to one of several recently launched USD-pegged cryptocurrency “stablecoins” seeking to supplant tether (USDT) as the leader in this burgeoning market niche. The San Francisco-based Coinbase on Tuesday announced that beginning today,...

Neteller is a service operated by Paysafe Financial Services Ltd., a wholly-owned subsidiary of Paysafe Group Ltd. Paysafe Financial Services was founded in 1999 to provide an online alternative to traditional payment methods. The group announced on Friday that Neteller has launched an “in-wallet...