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Binance and Other Crypto Exchanges Affected by AWS Outage
On April 15, 2025, Binance and other cryptocurrency exchanges experienced disruptions due to an outage at an Amazon Web Services (AWS) data center. According to Reuters, the issue stemmed from connectivity problems in the AP-Northeast-1 region, located in Tokyo, Japan. AWS reported that the outage was caused by interruptions to both primary and secondary power sources affecting EC2 instances in a specific availability zone.
Binance announced via social media that the outage led to temporary delays in its services, including withdrawals. However, the exchange resumed withdrawals just five minutes after the issue was first reported. AWS engineers were engaged immediately and resolved the problem, ensuring that such an issue is unlikely to recur. AWS has been investing heavily in its Japanese infrastructure, with plans to expand its data centers in Tokyo and Osaka by 2027, as part of a $15 billion investment.
"All services are starting to recover and resume, but some may still experience delays," Binance stated.
Key Takeaways:
- Outage affected Binance, KuCoin, and other exchanges.
- Caused by power interruptions in AWS's Tokyo data center.
- Services resumed shortly after the issue was addressed.
Binance's Role in Shaping Global Crypto Policy
Binance is increasingly influencing global cryptocurrency regulations, as reported by CCN.com. The exchange has been advising governments on crypto policy and helping establish national crypto reserves. CEO Richard Teng revealed that several countries have approached Binance for guidance on regulatory frameworks and digital asset management. Former CEO Changpeng Zhao has also been active, advising nations like Pakistan, Malaysia, and Kyrgyzstan.
Binance has signed memoranda of understanding with countries such as Kazakhstan, Georgia, and France to support blockchain adoption and regulatory development. Additionally, the exchange is assisting governments in creating strategic crypto reserves, reflecting a growing global interest in digital assets. This aligns with trends in the U.S., where steps are being taken to establish Bitcoin reserves.
Key Takeaways:
- Binance is advising multiple governments on crypto regulations.
- Focus areas include blockchain adoption and national crypto reserves.
- Countries like Pakistan and Malaysia are working closely with Binance.
Bitcoin's Bullish Signals for 2025
According to TradingView, Bitcoin is showing signs of a potential price rally in the second half of 2025. Analyst Axel Adler Jr highlighted a trend reversal in the "US vs. offshore ratio," which measures Bitcoin transfer volumes between U.S.-regulated and offshore exchanges. This trend, combined with a key technical indicator—the 90-day simple moving average crossing above the 365-day SMA—suggests a bullish market ahead.
On-chain analyst Boris Vest noted that Bitcoin exchange reserves have dropped to 2018 levels, with only 2.43 million BTC held on exchanges, compared to 3.4 million in 2021. This indicates long-term holding and reduced supply. Additionally, the Bitcoin stablecoin supply ratio (SSR) at 14.3 suggests significant purchasing power remains in the market.
Key Takeaways:
- Bitcoin's technical indicators point to a potential rally.
- Exchange reserves are at their lowest since 2018, indicating reduced supply.
- Stablecoin supply ratio highlights strong purchasing power.
OKX Expands into the U.S. Market
Chinese-founded crypto exchange OKX has officially launched its operations in the United States, as reported by TNGlobal. The expansion includes the introduction of its centralized exchange and OKX Wallet, with a regional headquarters established in San Jose, California. The platform offers American customers access to cryptocurrencies like Bitcoin, Ethereum, USDT, and USDC, along with advanced trading tools and lower fees.
OKX is committed to regulatory compliance, implementing robust KYC processes, fraud detection systems, and market surveillance technologies. The exchange also maintains a global proof of reserves, verified monthly by blockchain security firm Hacken. Additionally, the OKX Wallet supports over 130 blockchains and offers features like advanced swapping, bridging, and dApp access.
Key Takeaways:
- OKX launches in the U.S. with a focus on compliance and security.
- Offers access to major cryptocurrencies and advanced trading tools.
- OKX Wallet supports over 130 blockchains and various DeFi applications.
Sources:
- Binance among crypto exchanges hit by Amazon Web Services outage
- Network issue at AWS data center brings down crypto exchanges
- Binance Is Quietly Shaping the Future of Global Crypto Policy
- Bitcoin US vs. offshore exchange ratio flashes bullish signal, hinting at BTC price highs in 2025
- OKX Legally Launches US Crypto Exchange Only 2 Months After $505M Settlement
- Chinese-founded crypto exchange OKX expands into US market