Beaxy - All News And Posts By Crowdfund Insider

SEC Adds Charges to Beaxy Enforcement Action, Crypto Market Makers Charged as Unregistered Dealers

April 3, 2023 @ 4:26 pm By JD Alois |

Last week, the Securities and Exchange Commission (SEC) charged beaxy with operating as a national securities exchange minus the authorization to do so. The SEC filed charges against founder beaxy Artak Hamazaspyan, and his company Beaxy Digital, Ltd., for raising $8 million in an unregistered… Read More

Crypto Exchange Beaxy Target of SEC Enforcement Action for Operating Unregistered Exchange, Broker, Clearing Firm

March 29, 2023 @ 11:35 am By JD Alois |

The Securities and Exchange Commission has charged the crypto exchange beaxy (beaxy.com) and its executives with operating an unregistered national securities exchange, broker, and clearing agency. The SEC states that it has also charged the founder of the platform, Artak Hamazaspyan, and Beaxy Digital, Ltd.,… Read More

Parting Words. Beaxy Comments on Decision to Cease Operations

March 29, 2023 @ 10:27 am By JD Alois |

Yesterday, crypto exchange beaxy announced that it would cease operations. The notice was provided in advance of the Securities and Exchange Commission announcing an enforcement action against the firm and affiliated entities and individuals. All investors that held assets on the platform were assured they… Read More

First Hong Kong Regulated Digital Asset Exchange Halts XRP Trading Following SEC Enforcement Action [U] – Other Exchanges Cancel XRP

December 23, 2020 @ 9:49 am By JD Alois |

Just last week, OSL became the first licensed digital asset trading platform in Hong Kong. It received approval by the Securities and Futures Commission (SFC) to conduct Type 1 (dealing in securities) and Type 7 (automated trading service -ATS) regulated activities and claims to be… Read More

Beaxy Crypto Exchange Halts Trading After Hack Involving Major Sell Off of Ripple (XRP)

August 14, 2019 @ 7:01 am By Cali Haan |

A cryptocurrency exchange called Beaxy halted trading across the board August 12th after a high-volume sell-off of XRPs (Ripple tokens) tanked the tokens’ price on the exchange: The exchange corresponded about the suspension in a blog post, stating: “We recently experienced unusual(ly) high volume activity… Read More

Digital Asset Exchange Beaxy Now Available in 43 US States and 185 countries

June 11, 2019 @ 10:20 am By JD Alois |

Following an $8 million funding round, Beaxy has launched a full-service cryptocurrency exchange. Beaxy is currently available in 185 different countries and 43 US states. In a blog post, Beaxy added some insight into the tiered roll-out explaining that “certain aspects of the exchange may… Read More