1 / 31 Relevant items tagged with #CryptocurrencyExchange

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Crypto.com gets EU nod on MiCA license

[Jan 17 6:30 PM] Once finalized, the license will let Crypto.com operate across the EU under a unified regulatory framework.

Coinbase launches Bitcoin-backed loans through Morpho DeFi partnership

[Jan 16 3:59 PM] Coinbase vice president Max Branzburg said the product demonstrates the exchange’s “commitment to economic freedom.”

SEC under Trump could freeze crypto cases not involving fraud: Report

[Jan 15 9:51 PM] Two of the three Democratic commissioners at the SEC will be leaving before Donald Trump takes office on Jan. 20.

Judge orders BitMEX to pay $100M fine over US banking law violations

[Jan 15 6:33 PM] BitMEX has been hit with an additional financial penalty following its 2022 guilty plea for violating the US Bank Secrecy Act.

Appellate court grants partial win for Coinbase over SEC rules

[Jan 13 7:15 PM] A panel of three judges said they would not force the SEC to implement rulemaking on crypto but referred to the commission’s “fogginess” potentially harming digital asset firms.

FTX to begin distributing $1.2B to creditors after Trump inauguration

[Jan 13 9:37 AM] A significant portion of FTX repayments will likely be reinvested into cryptocurrencies, thanks to the promising growth prospect of the crypto market for 2025, industry insiders told Cointelegraph.

Bybit exchange suspends services in India due to regulatory pressure

[Jan 10 1:06 PM] Bybit will continue honoring user withdrawal requests despite temporarily halting other services.

Indian crypto exchange WazirX charts recovery path after $235M cyberattack

[Jan 10 8:38 AM] WazirX has implemented a Singapore-backed restructuring plan to recover from the $235 million cyberattack in July 2024.

FTX’s payment plan is now effective — When will users see their funds?

[Jan 3 8:58 PM] According to the plan, certain FTX users claiming less than $50,000 could expect to see their funds returned within 60 days.

Bankrupt Cryptopia exchange distributes $225M to hack victims

[Dec 20, 2024 8:32 AM] Initially owing creditors $4.2 million, Cryptopia’s liquidator Grant Thornton has distributed at least $225 million in crypto to hack victims in December.

Japanese crypto exchange Coincheck to debut Nasdaq trading

[Dec 11, 2024 11:11 AM] Following a $1.3 billion merger, Coincheck’s ordinary shares and warrants will start trading on the Nasdaq on Dec. 11.

NY regulator approves Ripple’s RLUSD stablecoin — Brad Garlinghouse

[Dec 10, 2024 8:36 PM] The Ripple CEO said the RLUSD listing would “be live soon” on exchanges after the New York Department of Financial Services approved the stablecoin.

Coinbase axes plans to expand into Turkey

[Dec 2, 2024 5:23 PM] The reversal comes just three months after the US-based crypto exchange submitted its pre-application to the Turkish government.

Crypto exchange XT.com suspends withdrawals amid $1.7M hack report

[Nov 28, 2024 10:06 AM] XT.com issued a statement acknowledging an “abnormal transfer of platform wallet assets,” but hasn’t yet confirmed the hack.

Uniswap unveils $15.5M core contracts bug bounty ahead of v4 launch

[Nov 26, 2024 4:40 PM] Uniswap Labs said this is the “largest bounty in history,” with payouts potentially ranging from $2,000 up to the full amount. 

FTX co-founder Gary Wang sentenced to time served

[Nov 20, 2024 6:25 PM] Wang was the final FTX executive awaiting sentencing over the 2022 exchange collapse and subsequent fraud charges.

South Korea probes Upbit for 600K KYC violations

[Nov 15, 2024 9:11 AM] Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with its business license renewal.

Revolut expands crypto exchange to 30 new markets in Europe

[Nov 13, 2024 10:49 AM] Revolut X’s expansion in the European Economic Area comes after Revolut debuted the crypto exchange in the United Kingdom in May.

Coinbase is ‘prepared to work’ with either Harris or Trump presidency

[Oct 30, 2024 10:05 PM] CEO Brian Armstrong also announced an additional $25 million contribution to the Fairshake PAC for the 2026 midterms “to elect pro-crypto candidates.” 

Coinbase to sponsor NBA team in aftermath of FTX collapse

[Oct 28, 2024 8:21 PM] FTX announced a partnership deal with the National Basketball Association’s Golden State Warriors in December 2021 — roughly a year before the exchange folded.

Nishad Singh asks for time served, claiming ‘limited’ role in FTX crimes

[Oct 17, 2024 4:47 PM] The former FTX engineering director pleaded guilty to fraud and conspiracy charges in February 2023 and will return to court on Oct. 30 for a sentencing hearing. 

Nigerian court denies bail for Binance exec despite health concerns

[Oct 11, 2024 10:46 AM] Judge Emeka Nwite ruled that Tigran Gambaryan should stay in prison unless his health condition poses a threat to others and quarantine is unavailable.

South Korean Upbit crypto exchange faces monopoly probe

[Oct 10, 2024 12:43 PM] South Korea’s FSC will reportedly investigate Upbit’s relationship with its bank partner K-Bank before the latter’s IPO, which is expected in late October.

Bankruptcy judge approves FTX’s reorganization plan

[Oct 7, 2024 7:43 PM] Roughly two years after the crypto exchange collapsed and many of its executives faced criminal charges, the Oct. 7 court decision was a step forward for reimbursing FTX users.

Hong Kong makes HKVAX third licensed retail crypto exchange

[Oct 4, 2024 7:22 PM] HKVAX  is the first to be licensed under the region’s new licensing regime, as 16 more exchanges wait.

Binance founder CZ walks free from US prison

[Sep 27, 2024 9:11 PM] He served four months in federal prison for charges including alleged violations of United States Anti-Money Laundering rules.

Bybit Türkiye Gains Recognition as a Crypto Asset Service Provider by Turkish Regulator

[Sep 23, 2024 2:38 PM] Bybit Türkiye, the partner platform of global cryptocurrency exchange Bybit, has been officially listed as a crypto asset service provider by the Capital Markets Board (CMB) of Turkey. Turkish Regulator Grants Bybit Türkiye Crypto Asset…

Indian crypto exchange WazirX struggles to recover funds 60 days after hack

[Sep 19, 2024 1:00 PM] WazirX’s $235 million hack recovery efforts face hurdles as internal findings yield little to no significant breakthroughs. 

Bybit bags provisional crypto license from Dubai regulator

[Sep 16, 2024 10:03 AM] The Virtual Asset Regulatory Authority (VARA) has granted Bybit a non-operational license to serve retail and institutional crypto investors in Dubai.

Nigeria Accuses Four Crypto Traders of Forex Regulations Violations

[Sep 13, 2024 8:30 PM] The Nigerian government has filed criminal charges against four individuals and several firms for allegedly conducting illegal crypto transactions, including USDT to naira conversions, without a banking license. The four are Ejiogu A. Chinedu…