Binance has introduced mandatory identity verification of users and Coinbase announced the launch of a crypto exchange in Japan

Binance cryptocurrency exchange has introduced mandatory identity verification of users

Since August 20, new users of the crypto exchange will not be able to access trading without identity verification. New users of the trading floor will not be able to access making deposits, transactions and withdrawals without identity verification. Previously, these features were available to users without going through the KYC procedure.

Coinbase announced the launch of a crypto exchange in Japan
The new trading platform will be created in partnership with Mitsubishi UFJ Financial Group

Initially, the exchange will focus on retail clients and will offer them five major crypto-assets – which ones, Coinbase did not say in a statement. In the future, the company plans to expand the list of available products for corporate clients, as well as increase the number of available assets.

The trading volume of the OpenSea NFT-marketplace has exceeded $1.3 billion since the beginning of August
This is an absolute record for the entire history of the trading platform. In August, the figure increased by more than 4 times compared to July

The trading volume of the OpenSea Non-Interchangeable Token Marketplace (NFT) has exceeded $1.3 billion since the beginning of August, according to The Block. According to the publication, this is an all-time record in the history of the marketplace. In August, the volume of trading on OpenSea increased by more than four times compared to July ($284 million).