Koinex Exchange Shuts Down Trading Services in India

Koinex is the latest cryptocurrency exchange to fall prey to India’s ban on virtual currencies. Months after delisting several cryptocurrencies, the exchange has shut down its trading services. The exchange has blamed uncertainty as well as disruptions for the unexpected decision. Koinex Shutdown In an official statement, Koinex says it has always wanted to provide…

Two Charged With Running ‘Shadow Banking’ Service for Crypto Exchanges

news The U.S. Department of Justice announced Tuesday that it has hit two individuals with bank fraud charges in connection to a system for depositing funds to cryptocurrency exchanges. In a statement, U.S. Attorney’s Office for the Southern District of New York alleged that Reginald Fowler of Arizona and Ravid Yosef, said to live in Tel…

Coinbase Crypto Services Expand to 11 New Countries: Why it’s Important

On April 17th, word went around that Coinbase crypto services will be expanding to 11 new countries. And the information is true. According to the crypto exchange, Coinbase will expand its crypto-to-crypto conversions and trading services to Colombia and Mexico, among other countries. Here’s what we know. Coinbase Expanding Crypto Services Based in San Francisco,…