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Exchanges
South Korea Plans Sanctions Against KuCoin, Others: Report
The Financial Intelligence Unit (FIU) classified a number of exchanges who are not registered as targets for sanctions

Boerse Stuttgart’s BX Digital Receives FINMA Approval for Digital Asset Trading
The platform, utilizing Ethereum’s blockchain, aims to streamline transactions for tokenized financial instruments and enhance capital market efficiency.

Binance Bitcoin Reserves Slumped $355M in January as User Balances Rose by $4.4B
The ratio of Binance USDT reserves to user balances also dropped significantly.

Arkham's Token Soars 16% on Report Sam Altman-Backed Crypto Firm Plans Derivatives Exchange
The company also relocated to the Dominican Republic, Arkham CEO Miguel Morel confirmed to CoinDesk.

Bitcoin Bargain Hunters Active on Kraken and Coinbase, CCData Shows
Bargain hunters are active on Kraken and Coinbase, snapping up coins at perceived discounts as selling pressure from other exchanges keeps prices under pressure.

WazirX to Phase In Indian Rupee Withdrawals Starting Aug. 26
Users of the Indian crypto exchange will be able to take out up to 66% of their rupee funds in two phases following a suspension instituted after last month's $230 million dollar hack.

Binance Says Venezuela Platform Is Being Hit by Access Restrictions
The Venezuelan government has blocked various websites, including the social network X, following allegations of fraud in the July 28 presidential elections.

Binance Challenges $86M Indian Tax Showcause Notice: Source
The notice, a first step taken by the authority when it suspects tax evasion, was issued to Binance last week.

Bitstamp to Start Distributing Mt. Gox Proceeds on Thursday
Customers of the defunct crypto exchange lost their funds in a 2014 hack, and the imminent distribution of nearly $9 billion worth of assets to creditors has been weighing on crypto markets.

Mt. Gox Moves $3B Bitcoin to New Wallet, $130M to Bitstamp Exchange
The defunct crypto exchange has moved billions of dollars worth of bitcoin over two days.
