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Tagged: bybit

Ontario Securities Commission has Taken Action Against Non-Compliant Global Crypto Trading Platform Bybit

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The Ontario Securities Commission (OSC) announced on June 21, 2021 that it has taken action against “non-compliant” international cryptocurrency trading platform, Bybit. The OSC released a Statement of Allegations against Bybit Fintech Limited for “failing to comply with Ontario securities law.” Bybit is incorporated in… Read More

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Cryptocurrency Derivatives Platform Bybit Set to Suspend Services to UK Customers

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Bybit, a cryptocurrency derivatives exchange, announced on Friday it is set to suspend its services to UK customers in order to comply with the Financial Conduct Authority’s (FCA) ban on cryptocurrency derivatives. Last summer, the FCA published its final rules banning the sale of derivatives… Read More

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Compliant Cryptocurrency Derivatives Exchanges Accounted for Only 1% of the Trading Volume of the Sector During Q2 2020 with $21.62 Billion in Reported Volume

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The overall performance of the nascent cryptocurrency market during Q2 2020 was not as good as it was when compared to the previous quarter. According to Token Insight, the main reason for the relatively poor performance this past quarter may be attributed to very little… Read More

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