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Nigerian Regulator Pledges to Fight Crypto Fraud
9.10.2024
The Nigerian Securities and Exchange Commission (SEC) vows to crack down on fraud, money laundering, and market manipulation in the crypto sector. The SEC director general, Emomotimi Agama, emphasized the importance of educating investors. Lagos State Governor Babajide Sanwo-Olu said he supports...
Hong Kong to license more crypto exchanges by end of year
8.10.2024
Hong Kong’s Securities and Futures Commission expects to issue licenses to some of the 11 crypto firms pending registration in the region.
Bitget Token Tumbles 52% on 'Market Sluggishness,' Exchange Says, While Promising Compensation
7.10.2024
Crypto exchange Bitget promised to compensate holders of its native Bitget Token (BGB) for losses suffered during a slump of as much as 52% on Monday
Binance's Crypto Market Share Sinks to 4-Year Low
3.10.2024
While Binance remains a giant in crypto trading, its volumes dropped over 20% in September versus the previous month, while rival Crypto.com's surged over 40%
Binance derivatives market share shrinks to 2020 levels as CEX trading slumps
3.10.2024
While Binance and other centralized exchanges saw activity decline in September, Crypto.com witnessed its trading volume reach an all-time high
Gemini’s exit from Canada: What’s driving crypto exchanges out?
1.10.2024
Gemini’s exit came just a few days after the Canadian Securities Administrators released an update to crypto trading firms about stablecoins
FTX Dotcom Creditors Vote Massively in Favor of Reorganizing Plan
1.10.2024
Over 94% of creditors voted in favor of the plan, which promises to return 118% of their claims in cash
Bitcoin Price in South Korea Sees Largest Discount Since October 2023
30.9.2024
According to recent data, the premium for bitcoin in South Korea briefly turned into a discount last week, a rarity since October 2023. While the premium quickly bounced back, it’s still hovering just below 1%. Bitcoin Sees Steep Discount in South Korea, Premium Quickly Rebounds but Stays...
Canada crypto exchanges get more time for stablecoin compliance
27.9.2024
Crypto platforms in Canada are having trouble preparing for new stablecoin regulations. Take your time, the Canadian Securities Administrators said
Canada crypto exchanges get more time for stablecoin compliance
27.9.2024
Crypto platforms in Canada are having trouble preparing for new stablecoin regulations. Take your time, the Canadian Securities Administrators said
US sanctions Russian crypto platforms for money laundering ties
26.9.2024
Two crypto exchanges and two individuals have been sanctioned for ties to underground finance
Wazirx Granted 4-Month Moratorium, Will Make Wallet Addresses Public
26.9.2024
Indian crypto exchange Wazirx has secured a four-month moratorium granted by a Singapore court, providing time for the company to address its financial obligations while crafting a resolution plan. Wazirx explained that as part of the court’s conditions, it will “make wallet addresses...
South Korean foundation to recover funds from defunct crypto exchanges
25.9.2024
The Digital Asset User Protection Foundation will be set up by the DAXA self-regulatory organization and receive support from financial authorities
South Korean foundation to recover funds from defunct crypto exchanges
25.9.2024
The Digital Asset User Protection Foundation will be set up by the DAXA self-regulatory organization and receive support from financial authorities
Upbit to store user data on AWS: What users should know
24.9.2024
Upbit’s privacy policy update involves transferring user data to AWS servers in the US for improved service reliability and compliance with local regulations
Crypto Exchange Kraken Said to Hire Natasha Powell as UK Head of Compliance
24.9.2024
Powell will start in her new role at the crypto exchange in November
Sweden sees crypto exchanges as professional money launderers
24.9.2024
Swedish authorities label certain cryptocurrency exchanges as key enablers of organized crime, highlighting four distinct money-laundering profiles
Australia Mandates Financial Services Licenses for Crypto Firms Under New ASIC Regulations
23.9.2024
The Australian Securities and Investments Commission (ASIC) has announced new legislation requiring cryptocurrency exchanges to obtain financial services licenses. This expansion of the Corporations Act aims to provide clearer oversight of the crypto sector, ensuring that widely traded crypto...
Bingx Hit With $52 Million Hack, Lazarus Group Suspected
20.9.2024
Asian crypto exchange Bingx suffered a hacking attack, leading to a suspension of withdrawals and an estimated loss of $52 million. Bingx claims the stolen amount is minimal because it primarily stores users’ assets in cold wallets, which were not targeted by the hackers. A security firm...
Germany Shuts Down 47 Crypto Exchanges for Illegal Activities
20.9.2024
In a major crypto crackdown, Germany has shut down 47 crypto exchanges allegedly for carrying out illegal activities…