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Crypto Exchanges
Investor Enthusiasm for Coinbase Shares May Prove Short-Lived: Berenberg
The crypto exchange is faced with several risks that could trigger a reversal of the stock’s recent gains, the report said.

Ex-Genesis CEO Michael Moro to Head Crypto Derivatives Exchange Startup
Ankex, a non-custodial exchange with a centralized order book, is being spun out of crypto custody firm Qredo, which Moro joined in January.

Crypto Exchange KuCoin to Introduce Mandatory ID Checks Next Month
As of July 15, new customers will be required to complete identification checks to use KuCoin's services.

Crypto Exchange OKX Wins Preparatory License in Dubai, Set to Boost Staff
Once the so-called MVP license becomes operational, OKX Middle East will offer spot, derivatives and fiat services including U.S. dollar and UAE dirham deposits and withdrawals.

Hong Kong Put Pressure on 3 Major Banks to Take On Crypto Exchanges as Clients: Report
The Hong Kong Monetary Authority put pressure on HSBC, Standard Chartered and Bank of China, according to the Financial Times.

Binance Hands Rising Star Teng Key Role to Replace CEO Zhao at Largest Crypto Exchange
Taking an expanded role overseeing regional markets outside the U.S., former regulator Richard Teng wants to demonstrate Binance is “a new organization.”

Crypto Exchange CoinZoom Suspending New Russia-Based Accounts: Report
Existing account holders in Russia won’t be blocked although they will still be screened against sanctions lists, CoinZoom’s CEO said.

Crypto Exchange Bitpanda Raises $263M at $4.1B Valuation
Crowned Austria’s first tech unicorn in March, the firm is now worth even more.

Shenzhen PBoC Launches Crypto Trading 'Clean-Up': Report
China's central bank vowed earlier in August to keep high pressure on crypto trading.

Korean Crypto Exchanges Paid $14.7M to Banks for Name Verification Services: Report
Exchanges have to set up partnerships with banks for real-name verification by Sept. 24.
