Tagged: exchange

Report: As EU Regulations Tighten, Crypto Options Exchange Deribit Moving from Netherlands to Panama

Deribit, a cryptocurrency options exchange that does not currently require customers to identify themselves, will relocate to Panama from the Netherlands, the exchange says in a letter to customers obtained by Bloomberg. According to the outlet, the Deribit communiqué says that new EU rules likely… Read More

Kraken Crypto Exchange: Costs of Law Enforcement Information Requests Increasing

American cryptocurrency trading platform Kraken says the global law enforcement requests for information went up 49% in 2019, with associated costs, “increasing, even in a relatively flat market.” The company tweeted an infographic of showing total requests in 2019, countries of requesting agencies, countries of… Read More

Lawyers for Harmed Users of QuadrigaCX Ask RCMP to Exhume Founder’s Body

Lawyers appointed to represent users harmed by the failure of the cryptocurrency exchange QuadrigaCX have asked the Royal Canadian Mounted Police (RCMP) to exhume the body of the exchange’s founder, Gerald Cotten. The letter from the Miller Thompson law firm in Toronto states: “The purpose… Read More

Bittrex Crypto Exchange to Release Funds of Customers Living in Sanctioned Regions

Bittrex, a cryptocurrency exchange based in Seattle, has sent a letter to customers who had funds frozen in 2017 because they were trading from sanctioned regions stating that affected parties may now withdraw their funds to another exchange. “It’s been a few years that @BittrexExchange disabled… Read More

Report: Third Vancouver Crypto Exchange Investigated by BC Securities Regulators

Another Vancouver-based cryptocurrency exchange, ezBTC, is being investigated by the BC Securities Commission (BCSC) after the regulator received complaints from customers claiming they cannot access funds stored on the platform, The Tyee reports. The investigation was confirmed in an exclusive statement from the BCSC to… Read More

Another Canadian Crypto Exchange Folds, $16 Million CAD in Customer Funds Outstanding

Another Canadian cryptocurrency exchange has folded with customer money outstanding. According to an affidavit filed at the BC Supreme Court by Sammy Wu, Lead Investigator (Enforcement) at the British Columbia Securities Commission (BCSC), the Einstein Exchange in Vancouver has gone offline, its offices are locked and its… Read More

Digital Asset Exchange INX to Use Brave New Coin’s Crypto Indices During First SEC-Registered Token Sale

Brave New Coin (BNC), a provider of cryptocurrency market data, announced on October 22 that digital asset trading platform INX, will utilize BNC’s crypto indices during the first security token sale registered with the US Securities and Exchange Commission (SEC).  BNC’s  Bitcoin Liquid Index (BLX)… Read More

Digital Asset Exchange, Mine Digital, Launches in Australia with Financial Services License

Mine Digital, a digital asset exchange, has launched in Australia. According to the company, the exchange is the first to launch with an Australian Financial Services License. The license allows Mine Digital to create markets in derivatives products including options and more. Mine Digital will… Read More

QuadrigaCX Widow Turns Assets Over to Harmed Crypto Exchange Users

Jennifer Robertson, widow of deceased QuadrigaCX founder Gerald Cotten, has disclosed that she will be turning over the “vast majority” of her assets to the Quadriga estate so they may be used to partially compensate users who lost funds when Quadriga collapsed. In a letter… Read More

97% of South Korean Crypto Asset Exchanges Could Be Shut Down Due to New Regulatory Requirements: Report

South Korea’s regulators have consistently preferred supporting blockchain-related initiatives over decentralized crypto tokens. Recent events confirm that the nation’s authorities are more inclined to support blockchain technology itself rather than investments in speculative cryptocurrencies.  According to local reports, approximately 97% of local crypto-asset exchanges might… Read More

Korean Crypto Exchange Coinone Ordered to Compensate Customer Who Lost Funds in Hack

South Korea Flag

Coinone, a popular cryptocurrency exchange in Korea, has been ordered by a judge in Seoul to pay 25 million won (~$20 780 USD) to a customer who had his exchange accounts drained in a hack. According to Chosun IT, this is Korea’s first case of a… Read More

ISO’s Information Security Accreditation Awarded to World’s Largest Cryptocurrency Exchange Binance

Binance, reportedly the world’s largest cryptocurrency exchange by adjusted trading volume, revealed that it has been granted an information security accreditation after adhering to standards outlined by the International Organization for Standardization (ISO). In order to satisfy the internationally recognized ISO/IEC 27001 standard, Binance’s management… Read More

Binance is Coming: Formidable Asia-Founded Crypto Exchange Will Begin Registering Traders on Compliant US Exchange Next Week

Binance, believed to be one of the world’s largest crypto trading platforms, will begin registering users wanting to trade select “crypto assets” on the company’s “Binance.US” platform next Wednesday. “Binance.US will open account registration and begin accepting deposits of BTC, ETH, XRP, BCH, LTC, and USDT… Read More

BitMEX Hires Derek Gobel as General Counsel

HDR Global Trading Limited (dba BitMEX) has appointed Derek Gobel as the group’s General Counsel, according to a release. BitMEX is a large crypto derivatives trading platform that is licensed in the Seychelles. Arthur Hayes, BitMEX co-founder and CEO issued the following statement: “Derek brings… Read More

Bakkt Now Accepting Customer Bitcoin Deposits & Withdrawals, Futures to Launch September 23

Digital asset exchange and ecosystem Bakkt is nearing complete launch. Bakkt, part of the Intercontinental Exchange (ICE) – a group that also owns the New York Stock Exchange (NYSE), received the necessary regulatory approvals earlier this year. Bakkt proves a compliant platform that expects to… Read More

Bitcoin Co., Thailand’s Biggest Crypto Trading Platform, Shutting Down

Thailand’s largest cryptocurrency trading platform, Bitcoin Co., has announced it will be shutting down Sept 30th: “Bitcoin Co. Ltd. has decided to discontinue offering digital exchange services and wallet services at our BX.in.th website…” The company cites a desire, “to focus on other business opportunities,”… Read More

Binance, World’s Largest Crypto Trading Platform, Acquires JEX Derivatives Exchange

Zhao Changpeng

Binance, a platform reportedly handling 55% of the world’s crypto trading traffic, has acquired a crypto derivatives platform called JEX, Binance has announced: “JEX will join the Binance ecosystem as Binance JEX and focus on further building the cryptoasset derivatives market, providing Binance users with professional… Read More

Liechtenstein-based Digital Asset Exchange Blocktrade Acquired by Cryptix

Cryptix AG, a provider of services in the blockchain and DLT sector, has acquired digital asset exchange Blocktrade. Cryptix is based in Switzerland and Blocktrade is based in Lichtenstein. Details of the acquisition were not provided. Cryptix said the acquisition will not affect existing customers… Read More

After 4-Month Fight, Bitfinex Ordered to Provide Business Records

A judge presiding over proceedings in a case of alleged fraud by crypto trading platform Bitfinex (and associated companies) has ordered the companies to provide records compelled under ex parte orders issued in New York in April. Almost immediately after the orders were issued, Bitfinex… Read More

Crypto Exchange Edge Crowdfunds on BnkToTheFuture Led by Bitmex and Fenbushi Capital

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Edge, a “non-custodial cryptocurrency exchange and wallet platform” is raising capital from a group of industry participants as well as smaller investors. According to a release, Edge has launched a “pre-series A” round seeking $2 million hosted on BnkToTheFuture. The round is said to be… Read More

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