South Korea’s regulator issues suspension warning to Upbit over 700,000 KYC violations

South Korea’s regulator is about to suspend Upbit’s operations, citing the exchange’s failure to properly implement KYC processes. South Korea‘s financial regulator, the Financial Intelligence Unit, has notified Upbit, the country’s largest crypto exchange, of a potential suspension over violations of the KYC requirements and AML obligations, the Maeil Business Newspaper has learned. The report … Read more

Nubank Expands USDC Rewards Program to All Customers

Nubank, the largest Latam neobank, has announced the expansion of its USDC rewards program to all customers. This expansion follows a phased rollout announced in May, which opened access to dollar-based stablecoins in Brazil. Nubank Opens Access to USDC Rewards Program Nubank, one of the biggest companies in Latin America and the largest neobank in … Read more

Analysts cautious with Nvidia’s latest price target

 Nvidia (NASDAQ: NVDA)  remains a focal point for investors as DA Davidson analyst Gil Luria maintains a ‘Neutral’ rating on the stock with a price target of $135, reflecting a reserved stance amidst ongoing optimism for the chipmaker. In his latest commentary, Luria revisited the basis of his neutral outlook, which he first issued a year ago.  … Read more

USD/CAD climbs to 1.4385 amid sliding Oil prices, modest USD strength ahead of US data

USD/CAD regains positive traction on Thursday and draws support from a combination of factors. Retreating Oil prices undermines the Loonie and acts as a tailwind amid reviving USD demand.  Traders now look to the US monthly Retail Sales and Jobless Claims data for short-term impetus.  The USD/CAD pair builds on the overnight bounce from the … Read more