Category: Cryptocurrency

September 28, 2022 BY Steffy Bogdanova

Crypto.com obtains regulatory approval in France

Kris Marszalek, CEO of Crypto.com, commented: The European market is central to the long-term growth and success of Crypto.com and we are tremendously proud to now receive registration in France from the AMF. We look forward to continuing to work with the AMF and the ACPR as we introduce our products and services in France,…

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Bankman-Fried jailed ahead of his October trial
September 27, 2022 BY Steffy Bogdanova

Crypto exchange FTX US wins bid to acquire Voyager’s assets

The official announcement stated: FTX US's bid maximizes value and minimizes the remaining duration of the Company's restructuring by providing a clear path forward for the Debtors to consummate a chapter 11 plan and return value to their customers and other creditors. At the end of last March, Voyager has 3.5 million users and 1.19…

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September 25, 2022 BY Steffy Bogdanova

OANDA and Paxos partner to create a crypto trading ecosystem

Gavin Bambury, Chief Executive Officer of OANDA, said: The relationship with Paxos signals the start of an exciting new phase of growth for OANDA, creating a significant opportunity in the US market. He continued: OANDA continues to strive to create an ecosystem built with integrity to meet the evolving needs of our clients. Our partnership…

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CFTC
September 23, 2022 BY Steffy Bogdanova

CFTC slaps a $250K fine on bZeroX and its founders and charges successor Ooki DAO for offering off-exchange digital-asset trading

According to the CFTc, this protocol purported to offer users the ability to engage in these transactions in a decentralized environment. The regulator determined these transactions unlawful as they were required to take place on a designated contract market, but they did not. Additionally, the complaint stated that bZeroX illegally operated as an unregistered FCM.…

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September 22, 2022 BY Steffy Bogdanova

Coinbase secures regulatory approval in the Netherlands

Nana Murugesan, Vice President, International and Business Development at Coinbase, said: As part of Coinbase’s ambition to be the world’s most trusted and secure crypto platform, we have taken strides to work collaboratively with government, policymakers and regulators to shape the future in a responsible way. Coinbase prides itself on being a compliance-led business. The…

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September 22, 2022 BY Steffy Bogdanova

Kraken appoints Dave Ripley as CEO, Jesse Powell becomes Chairman of the board

The official press release highlighted that Ripley has played a key role in scaling Kraken’s operations in over 16 acquisitions, regulatory licenses and partnerships. Ripley started his career as a software engineer before becoming a financial adviser at Boston Consulting Group. He has accumulated almost a decade of crypto industry leadership experience. He became COO…

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CoinShares
September 21, 2022 BY Steffy Bogdanova

CoinShares launches algorithmic trading platform HAL

Jean-Marie Mognetti, Chief Executive Officer of CoinShares, commented: We are delighted to launch HAL under CoinShares. We acquired Napoleon, which created Napbots, because we could immediately see our common goals: to democratise access to, and educate investors about, trading crypto assets. In a new, still-evolving ecosystem, we are very proud to be at the cutting…

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September 20, 2022 BY Steffy Bogdanova

Binance obtains MVP license from Dubai’s VARA

Helal Saeed Almarri, Chairman of VARA said: The VARA regime aims to strike an effective balance between value creation and risk mitigation, enabling open market innovation while assuring protection for the economically vulnerable. The MVP Phase, is designed for select global players across the value chain, that are committed to responsible industry participation and VARA…

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Bankman-Fried jailed ahead of his October trial
September 19, 2022 BY Steffy Bogdanova

FCA issues warning against FTX for operating without authorisation

The regulator added: This firm is not authorised by us and is targeting people in the UK. The FCA’s warning fallows the crypto exchange gaining license from the Cyprus Financial Market Regulator CySEC allowing the company founded by Sam Bankman-Fried, to offer products and services to European clients. Last year, the UK regulator banned FTX's…

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CME Group launches Ether Options
September 12, 2022 BY Steffy Bogdanova

CME Group launches Ether Options

Capital market company DRW Holdings, LLC will provide liquidity on day one of the launch of the Ether Options. Rob Strebel, Head of Relationship Management for DRW, added: As ether transitions through the anticipated merge this week, we expect we'll continue to see strong demand for this Ether options contract. Furthermore, digital currency prime brokerage…

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