Major Crypto Exchange Binance to Use Refinitiv KYC Solution in Internal Workflow

Binance, the world’s leading crypto exchange, will use Refinitiv’s KYC product in their internal processes. Cryptocurrency exchange Binance will use an automated Know Your Customer (KYC) application provided by financial software firm Refinitiv, according to an announcement published Nov. 20. Binance personally confirmed the use of Refinitiv’s software to Cointelegraph. Formerly the Financial & Risk […]

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Blockchain Capital Exec: Bear Markets ‘Do Bear Things,’ but BTC Has ‘Gigantic’ Potential

Blockchain Capital’s Spencer Bogart believes that crypto opportunities are “still gigantic” despite the current bear market. Spencer Bogart, a partner at the venture capital firm Blockchain Capital, believes that crypto opportunities are “still gigantic” despite the current bear market, the expert claimed in an interview with Bloomberg on Monday, Nov. 19. The expert at the […]

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Italian Securities Watchdog Orders Unauthorized Crypto Companies to Cease and Desist

Italian securities watchdog CONSOB has ordered cease and desist orders on several crypto-related firms for offering unauthorized financial services. The Commissione Nazionale per le Società e la Borsa (CONSOB) has ordered three crypto-related companies providing unauthorized investment services to cease and desist, an official release states Monday, Nov. 19. The first company, a trading platform […]

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Markets Panic: Bitcoin Hits Lowest Since October 2017 as Bitcoin Cash Drops 40 Percent

A turbulent time for cryptocurrency markets has seen Bitcoin Cash almost lose half its value and Bitcoin set 13-month lows. A “panicked” twenty-four hours in cryptocurrency markets saw Bitcoin (BTC) hit fresh lows not seen in over a year Nov. 20 as assets across the board shed millions. Data from Cointelegraph’s price tracker, Coin360, CoinMarketCap, […]

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