Tagged: crypto exchange

March 27, 2025 @ 12:10 pm By JD Alois  |  

The Securities and Exchange Commission has continued its retreat from regulation by enforcement regarding digital asset firms by ceasing its enforcement action against crypto exchange Kraken. Also known as Payward and Payward Ventures, the Commission said the case was dismissed with prejudice, which means permanently…. Read More

March 12, 2025 @ 9:30 pm By Omar Faridi  |  

OKX has released their ‘Responsibility Report,’ providing insight into how their platform aims to: safeguard customer assets, help prevent fraud, operate within the Australian regulatory environment and promotes platform stability. As noted in the update from digital assets firm OKX, the ‘Responsibility Report’ outlines four… Read More

March 8, 2025 @ 10:55 am By Omar Faridi  |  

Digital assets exchange Kraken, officially known as Payward Inc., is reportedly targeting an initial public offering (IPO) in the first quarter of 2026, according to a recent Bloomberg report. This announcement from Kraken comes on the heels of a significant shift in the U.S. regulatory… Read More

February 21, 2025 @ 12:02 pm By JD Alois  |  

Crypto exchange Bybit has apparently been hacked. Bybit, based in Singapore, reports over 60 million users worldwide and is said to be the world’s second-largest cryptocurrency exchange by trading volume. It was not immediately clear as to how much may have been stolen from the… Read More

February 19, 2025 @ 9:40 am By Omar Faridi  |  

OKX is reportedly among the first MiCA-licensed global crypto exchanges to passport its services across Europe. This is considered to be a key milestone for their company and the crypto community in the European Economic Area (EEA). OKX now reportedly offer regulated, localized crypto services… Read More

February 18, 2025 @ 12:27 pm By JD Alois  |  

Crypto Exchange HTX says it has topped 50 million users on its platform. Formerly doing business as Huobi, HTX has approval to operate in several different jurisdictions, according to their website, including: Lithuania: Digital wallet and virtual currency exchange operator Dubai: Initial approval of a… Read More

February 17, 2025 @ 4:47 pm By Omar Faridi  |  

Bullish, one of the regulated digital asset exchanges, announced it has integrated with algorithmic crypto trading execution tool provider Anboto Labs, to enhance the trading experience for institutional investors. Mutual customers can now leverage Anboto Labs’ Order Execution Management System (OEMS), a “suite of advanced… Read More

February 17, 2025 @ 8:25 am By Omar Faridi  |  

Bitget, the cryptocurrency exchange and Web3 company, has obtained a Virtual Asset Service Provider (VASP) license from Bulgaria’s National Revenue Agency. The licensing now enables Bitget to offer a suite of crypto services within Bulgaria, including the “exchange, trading, transfer, custody, and public offering of… Read More

February 12, 2025 @ 10:49 am By Omar Faridi  |  

Bullish Global, a crypto-assets exchange operator backed by billionaire Peter Thiel, is exploring an initial public offering (IPO) as early as this year, according to sources familiar with the matter. The company is reportedly working with Jefferies Financial Group Inc. and JPMorgan Chase & Co…. Read More

February 11, 2025 @ 10:21 pm By Omar Faridi  |  

Gemini, the cryptocurrency exchange led by Cameron and Tyler Winklevoss, is considering an initial public offering (IPO) as early as this year, according to sources familiar with the situation. As reported by Bloomberg, the company is currently in talks with potential advisors, although no final… Read More

January 28, 2025 @ 11:09 am By Omar Faridi  |  

Danielle Sassoon, the United States Attorney for the Southern District of New York, announced that PEKEN GLOBAL LIMITED, a Seychelles-based entity that, since at least September 2019, has operated KuCoin, one of the largest cryptocurrency exchanges, pled guilty to “one count of operating an unlicensed… Read More

January 26, 2025 @ 12:16 pm By Omar Faridi  |  

In a major development for Indian cryptocurrency exchange WazirX, the Singapore High Court has officially endorsed the platform’s restructuring plan, offering a path toward repaying user funds lost in a substantial cyberattack. This hack, which occurred in July 2024, resulted in a $235 million loss… Read More

January 24, 2025 @ 7:52 am By Omar Faridi  |  

OKX announced that their platform is reportedly the first Virtual Financial Assets (VFA) exchange to secure a Markets in Crypto-Assets Regulation (MiCA) “pre-authorization.” Upon receipt of a full MiCA license, OKX said they will offer “localized” crypto services to over 400 million Europeans via its… Read More

January 20, 2025 @ 3:23 pm By Omar Faridi  |  

Binance are pleased to announce that it has reached an agreement with the National Agency of Perspective Projects of the Republic of Uzbekistan (NAPP), which confirms compliance with all applicable local regulatory requirements and authorizes the platform to “provide services to Uzbekistani residents under a… Read More

January 7, 2025 @ 10:18 pm By JD Alois  |  

Garanti BBVA Kripto will partner with Bitstamp to enable crypto trading for their customers, according to a statement from the subsidiary of Garanti BBVA – a Turkish bank. Bitstamp is a subsidiary of broker-dealer firm Robinhood. Garanti BBVA touts that Bitstamp holds over 50 regulatory… Read More

January 7, 2025 @ 12:55 pm By JD Alois  |  

FTX EU has been acquired by Backpack, according to a note from the firm. The goal is to offer crypto trading, including derivatives and perpetual futures, across the EU. Deal terms were not immediately available. FTX EU is part of the global crypto exchange’s global… Read More

January 6, 2025 @ 9:00 pm By Omar Faridi  |  

Failed crypto exchange FTX’s payment plan is now effective. As per the plan, certain FTX clients who may be claiming an amount less than $50,000 may expect to get their funds returned within the next 60 calendar days. The latest reorganization plan for failed crypto-assets… Read More

January 6, 2025 @ 8:55 pm By Omar Faridi  |  

Digital assets exchange Coinbase (NASDAQ:COIN) is pleased to release their sixth annual Transparency Report. Their goal with the Transparency Report is to provide customers with data about requests for their information that they “receive from government agencies and law enforcement.” Coinbase also intend to provide… Read More

December 31, 2024 @ 11:48 am By Omar Faridi  |  

OKX Founder Star Xu noted that as the CEO of the digital assets firm and a builder at heart, they are pleased to reflect on a solid year of growth and progress. Despite challenges, 2024 was a year of focus, innovation, and resilience, according to… Read More

December 29, 2024 @ 9:39 pm By Omar Faridi  |  

Bitget, the cryptocurrency exchange, and Web3 company, has released a new whitepaper for its native token, Bitget Token (BGB). The update introduces an initiative to burn 800 million BGB tokens—valued at over $5 billion based on current market prices—alongside plans to “expand the token’s utility.”… Read More