According to the official announcement, France has turned into a European hub for OKX because of its transparent regulatory framework, as well as its high concentration of crypto enthusiasts and experienced traders, and the qualified workforce available. Over the years, OKX has grown its international compliance team and has worked on further developing its approach…
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The official announcement detailed that Binance, who was launched in 2017, today has a daily spot volume of around $20B, 1,400 spot pairs to trade. With the newly announced integration of Binance’s Spot trading, TradingView now supports trading of 350 tokens including well known once like Bitcoin and Ethereum and alternative tokens such as ApeCoin…
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Conspiracy theories A digital currency could allow countries to bypass traditional payment systems and engage direct trade with the US and by doing so, reduce the role of intermediaries like banks. Some have suggested that a digital currency could allow the US to default on its debt without actually defaulting. This could be possible if…
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The Canadian Securities Administrators (CSA) issued a notice categorizing stablecoins as 'securities and/or derivatives’ in December last year. This classification has imposed restrictions on regulated crypto exchanges in Canada, preventing them from providing services involving stablecoins, which constitute a significant portion of the industry. Additionally, Canada, particularly the regulatory authority in Ontario, the regulatory body…
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Previously, Binance had a conflict with UK regulators who suggested that the exchange was incapable of being regulated due to its failure to provide necessary information about its business activities. In June 2021, the FCA banned Binance from undertaking any regulated activity in the country. The crypto exchange has faced scrutiny from US regulators this…
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US Attorney Damian Williams said: Today’s sentence should send a strong signal to all participants in the cryptocurrency markets that the laws decidedly do apply to them. The Southern District of New York will hold those who engage in insider trading to full account, regardless of whether their illegal conduct occurs in the equity markets…
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As per the court documents, the bankruptcy petition includes Bittrex, Inc, which is based in Seattle, as well as two Bittrex entities located in Malta and an affiliated entity, Desolation Holdings LLC. However, the proceedings do not involve Bittrex Global GmbH, the Liechtenstein-based entity that provides non-US services. Bittrex has reported that over 100,000 creditors…
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However, the launch of the platform comes as US regulators tighten their grip on digital asset firms. Last month, Coinbase filed a lawsuit against the Securities and Exchange Commission (SEC) for not providing guidance on the cryptocurrency industry using its formal rulemaking process. This was followed by the SEC sending a Wells notice to Coinbase,…
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The company noted that the ATFX NFT Loyalty Program is only available to Southeast Asia and Latin America. NFTs are digital assets held on a blockchain network. Each token has its own distinct value and cannot be swapped on a one-to-one basis with others. Earlier last month, ATFX announced hiring former Swissquote executive Gonzalo Canete…
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The official announcement highlighted that through the extension of their collaboration, GCEX can provide its clients with access to Komainu’s staking solutions, allowing them to earn rewards on their digital assets while remaining under secure, segregated custody. GCEX CEO, Lars Holst commented: We are delighted to extend our partnership with Komainu, giving our clients access…
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