Tags : Exchanges

Regulation

Gary Gensler urges crypto exchanges to register with SEC. Says

In a new press statement, the United States Securities and Exchange Commission boss Gary Gensler has begged crypto exchanges operating under his radar and within the country’s shores to ensure the safety of the investments of their investors by registering with the SEC.  Gensler calls on exchanges to register Gensler made the plea as part […]Read More

Regulation

42 altcoins face crisis as Korea set to close 75%

Extensive investor losses are expected as roughly two thirds of South Korean crypto exchanges struggle to meet toughened registration rules. On September 6, the Korea Financial Intelligence Unit and the Financial Supervisory Service held a virtual meeting with virtual asset service providers (VASPs) about their business registration requirements. Mass shut down Approaching the September 24 […]Read More

Regulation

24 crypto exchanges in Korea face regulatory death knell

33 face heat in Korea over alleged $1.48 billion in crypto transfers Seoul’s Central Customs has prosecuted, fined, or is currently investigating 33 individuals who were allegedly involved in 1.69 trillion won ($1.48 billion) worth of illegal overseas cryptocurrency transactions in South Korea, The Korea Times reported today. 2 min read → Source linkRead More

Regulation

Central Bank of Portugal awards first licenses to local crypto

Banco de Portugal, the country’s central bank, issued operational licenses to two local crypto exchanges for the first time ever, a notice on the site shows. Receiving the licenses were Lisboa-based Criptoloja and Braga-based Mind The Coin. “It was a long way. Being the first regulated exchange in Portugal means a lot,” said Pedro Borges, […]Read More

Regulation

Thai SEC orders exchanges to delist Dogecoin, Shiba Inu, NFTs,

The Thailand Securities and Exchange Commission (SEC), the nation’s capital markets watchdog, banned the trading of memecoins like Dogecoin and Shiba Inu, non-fungible tokens (NFTs), and other unclear assets over the weekend. It did not, however, give any specific reasons for the ban. Forget your Shiba Inu The SEC criticized the trading of assets with […]Read More

Regulation

Korean crypto exchanges could face harsh laws if new proposal

The ruling party of South Korea has proposed a new bill that aims to limit crypto-related companies’ ability to trade digital assets and increase their liability in case of a hack, local news outlet Naver reported today. The enactment, dubbed “Virtual Assets Act” and presented by the Democratic Party lawmaker Lee Yong-woo, will prohibit crypto […]Read More

Regulation

Korean minister says all 200 crypto exchanges in the country

Eun Seong-soo, chairman of the Finance Committee in South Korea, said this morning that over 200 cryptocurrency exchanges at the risk of being closed down in September this year if they fail to follow the relevant regulations, as per a report on leading local outlet Chosun. He added officials were further planning to impose taxes […]Read More

Regulation

Crypto exchanges can safely list XRP, reportedly implies SEC’s lawyer

The US Securities and Exchange Commission’s (SEC) lawyers have indirectly stated that cryptocurrency exchanges are not violating any guidelines by allowing Ripple’s XRP trading on their platforms, attorney Jeremy Hogan revealed yesterday. During a court hearing that Hogan attended, Magistrate Judge Sarah Netburn made a remark to the SEC’s attorney that, based upon his theory, […]Read More

Market

How Traditional Exchanges Are Boosting Crypto Adoption

Over the past year, demand for regulated crypto investment products has soared. The increasing variety of exchange-traded products (ETPs) listed on traditional exchanges, and the rapid development of indices, have enabled more investors to gain exposure to crypto assets without the complexities of ownership and custody.   Clara Medalie heads research and market analysis at Kaiko, […]Read More