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Cyprus SEC Extends FTX Europe’s License Suspension Until September 2024
17.4.2024
Explore the latest developments surrounding FTX Europe as CySEC extends its license suspension. Entangled in legal disputes and financial woes, the crypto firm must fulfill existing obligations while navigating an uncertain future.
The post Cyprus SEC Extends FTX Europe’s License Suspension...
FTX Seeks to Exclude Dubai Subsidiary From Ongoing Bankruptcy
3.8.2023
FTX Trading Ltd. filed a motion on Tuesday to dismiss its Dubai-based subsidiary, FTX Exchange FZE, from ongoing bankruptcy proceedings, citing the unit’s lack of operations and assets. Dubai’s FTX Exchange Faces Voluntary Liquidation After Motion to Dismiss From Parent Company In...
Uzbekistan Introduces Monthly Fees for Cryptocurrency Companies
2.10.2022
Crypto firms in Uzbekistan will have to pay fees to the state under new legislation proposed by regulators. The charges vary depending on the business activity and can reach $11,000 a month in the case of digital asset exchanges. Failure to pay will result in license suspension. Crypto Operators...