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Binance Quits Stock Token Trading as Hong Kong Adds to Mounting Regulatory Pressure
17.7.2021
Cryptocurrency exchange Binance has announced it will no longer support the trading of stock tokens. The decision comes against the backdrop of an ongoing regulatory crackdown, with Hong Kong becoming the latest to declare that the platform is not licensed to provide such services in...
China’s Oldest Exchange Exits Bitcoin Business Amidst Regulatory Pressures
28.6.2021
BTCC, ostensibly the first cryptocurrency exchange established in China, exited the bitcoin trading business last week. According to statements, this was the result of the continued regulatory pressure Beijing is exerting on cryptocurrency businesses. The company will now transition...
Ontario Crackdown on Crypto Exchanges Continues With Binance Leaving the Province
27.6.2021
Cryptocurrency exchange Binance will no longer provide services in the Canadian province of Ontario. The decision comes amid ongoing regulatory pressure on digital asset trading platforms that has already affected the operations of several exchanges. Crypto Exchange Binance Exits Canada’s...
Tether Freezes Millions of Dollars USDT in 40 Addresses Amid Regulatory Pressure
12.7.2020
Stablecoin issuer Tether has blacklisted 40 Ethereum addresses holding millions of dollars of the tether cryptocurrency, 24 of which were banned this year. This finding follows the Centre Consortium taking a similar action due to a request by law enforcement. Tether Frozen in 40 Addresses Tether...
Facebook Takes FS Vector On-Board to Resolve Regulatory Pressure on Libra
27.8.2019
Facebook, the social networking giant, has collaborated with a lobbying firm, FS Vector, to render to the backlash poured upon it after the announcement of its planned cryptocurrency project, Libra. The Washington based firm, FS Vector is a notable consultancy or advisory firm that works in...
Facebook Hires Lobbying Firm to Ease Regulatory Pressure on Libra
27.8.2019
Facebook is working with a Washington-based lobbying firm to wrestle with the regulatory pushback sparked by its planned in-app global cryptocurrency
India: Another Crypto Exchange Closes Due to Regulatory Pressure
27.6.2019
Indian crypto exchange Koinex has ceased operations effective immediately, its co-founder has confirmed
Indian Crypto Exchange Coinome Halts Services Citing Regulatory Pressure
10.5.2019
Indian cryptocurrency exchange Coinome has announced it will be halting operations as of May 15, ostensibly due to regulatory difficulties