Category: Exchange

Bitfinex Upgrade
April 12, 2023 BY Steffy Bogdanova

Bitfinex obtains DASP license in El Salvador

Paolo Ardoino, Chief Technology Officer of the Bitfinex group, said: We are delighted to be the first company to be awarded this licence. It will enable Bitfinex Securities to facilitate the issuance and secondary trading of assets with clearly defined rights and obligations as outlined in the new digital asset regulatory regime. The new DASP…

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April 11, 2023 BY Steffy Bogdanova

Gate.io’s Hong Kong crypto exchange to apply for SFC licences

The application follows the Trust and Corporate Service Provider (TCSP) licence from the Company Registry in Hong Kong, the group recently obtained, allowing it to offer virtual assets custody services. These licenses will allow the Group’s Hong Kong entity, Gate HK, to serve clients in the region and comply with the special administrative region's licensing…

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March 29, 2023 BY Steffy Bogdanova

OKX plans to launch Hong Kong branch to apply for VASP licence

OKX Managing Director of Global Institutional Lennix Lai said: Regulation and licensing are key to the future success of the crypto and Web3 sectors. At OKX, we see immense potential in Hong Kong, and are committed to investing in talents and working with regulators over the next five years to continue building the local ecosystem.…

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March 06, 2023 BY Steffy Bogdanova

Coinbase acquires institutional investment firm One River

Brian Armstrong, the CEO of Coinbase, said: We're thrilled to integrate One River's investing expertise into Coinbase. One River has pioneered institutional digital asset investing and we're looking forward to continuing their tradition of innovation. One River Digital Asset Management’s acquisition by Coinbase comes at a time when institutional interest in cryptocurrencies is growing, with…

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FTX
February 21, 2023 BY Steffy Bogdanova

FTX Japan resumes withdrawals of fiat and crypto assets

The parent company FTX stopped its operations in November last year after a public collapse and filed for bankruptcy along with 134 subsidiaries. Its Japanese arm’s business was suspended and was supposed to resume withdrawals in December. The exchange pointed out that there might be delays in the processing of the withdrawals due to the…

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January 18, 2023 BY Steffy Bogdanova

Coinbase halts operations in Japan due to market volatility

Coinbase made the announcement on Wednesday, telling its customers they can withdraw their fiat and crypto holdings from Coinbase until 16 February 2023. The company recommends that its clients transfer their funds to other Virtual Assets Service Provider, Coinbase Wallet or any other self-hosted wallet or they can liquidate their portfolio and withdraw their funds…

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FTX
January 03, 2023 BY Steffy Bogdanova

Bahamas regulator responds to FTX CEO statements regarding FTX customer funds

FTX later challenged the regulator’s calculations, saying its digital assets seized in November were worth just $296 million. SCB said that these challenges were based on “incomplete information.” The regulator responded: The US Debtors’ continued lack of diligence when making public statements concerning the Commission is disappointing, and reflects a cavalier attitude towards the truth…

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