PayPal Increases Cryptocurrency Buy Limit
https://twitter.com/PayPal/status/1415748537078386689 Leading global payments giant PayPal is changing its terms to accommodate more crypto users to the platform. The payments firm has increased the weekly buy limit for cryptocurrencies to $100,000. The new limit is five times more than the $20,000 limit
China Orders Closure of Software Company For Crypto Trading
China’s Central Bank has ordered the closure of a software company based in Beijing for allegedly involving itself with crypto trading. The recent announcement seeks to enforce the crypto restrictions imposed in the country. Authorities in the country ordered the immediate
RippleX Partners With Mintable For NFT Marketplace
Ripple started out the month of July with a huge announcement about a strategic partnership with Mintable. Mintable is an NFT marketplace where users can develop, purchase and trade digital collectables using fiat currencies or digital assets. This partnership will enable
Mexico Central Bank Issues Warning To Lenders Offering Crypto Services
The Mexican Central Bank has stated that financial institutions should not offer crypto assets. Financial authorities have also issued a warning to firms offering cryptocurrency services stating they will be prone to sanctions. A joint statement on the matter was tabled
Binance Ends Services In Ontario
BinanceUS - Buy Bitcoin in U.S. Binance, the largest crypto exchange by volume, has announced it will be halting its offerings in Ontario. In a statement provided on the Binance website, the exchange stated that “As part of our continuing compliance efforts,
Thailand Bans Meme Coins and NFTs
The Thailand Securities and Exchange Commission (SEC) has banned crypto exchanges from offering services related to trading meme coins, fan-based tokens and non-fungible tokens. The move comes amidst a heavy crackdown on cryptocurrencies and digital assets around the world. The new
China Blocking Search Engine Results For Crypto
https://twitter.com/btcinchina/status/1402558454225465344 China’s FUD about cracking down on cryptocurrencies does not seem to be slowing down. After suspending Weibo crypto accounts recently, the country has gone a notch higher to block search engines from showing the results of major crypto exchanges. Various sources
Elon Musk Impersonators Making Millions From Crypto Scams
Crypto scammers are now impersonating Elon Musk and other renowned crypto enthusiasts to defraud naïve crypto traders. Beginner crypto traders have lost millions of dollars from such scammers. The Federal Trade Commission of the United States has revealed details about crypto
Binance Coin Hits $100 Billion in 24 Hour Volume
Binance Coin is the third-largest cryptocurrency. It touched an all-time high market cap of $100 Billion. Binance Coin has been doing quite well in recent weeks. In this period, the token increased by 20% in value, when it reached a record
Stock Token Trading for Apple, MicroStrategy & Microsoft on Binance
BinanceUS - Buy & Sell Crypto Binance has expanded its stock token trading by adding three stock token listings for Apple, MicroStrategy and Microsoft. The tokens can be traded during regular trading hours and can only be traded against BUSD. Binance, a