Category: Cryptocurrency

Dukascopy bank
April 24, 2023 BY Steffy Bogdanova

Dukascopy warns about another fake clone website

The Swiss firm further warned people against providing their personal information on the clone website. The company stated: Do not trust any information to be found on the website https://www.jdh023.top/index/login/login/token/0c1e7103c3e0e56edb5f978f03103f9f.html. Do not provide any personal data on this website. Dukascopy concluded the announcement by saying it is “taking action” against the fake website. Earlier in…

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Daily Market Commentary
April 21, 2023 BY Steffy Bogdanova

EU parliament votes to pass MiCA legislation

In a tweet, European Financial Services Commissioner Mairead McGuinness said the vote was “a world first” and that the new regulation can come into effect in July after approval from all member states. Some of the rules will take effect in time with some set for 2024. She stated: I welcome the European Parliament’s vote…

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StoneX
April 14, 2023 BY Steffy Bogdanova

StoneX partners with Coinbase for offering crypto contracts

Clayton Passero, Managing Director and Head of Futures Online, StoneX Financial Group, said: StoneX is committed to providing our clients with greater choice and access across financial markets to maximize their futures trading needs. This agreement enables StoneX clients to access Coinbase’s robust portfolio of products while benefiting from StoneX’s high-value and transparent clearing and…

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FTX
April 12, 2023 BY Steffy Bogdanova

CySEC extends FTX’s license suspension until September

The Cypriot regulator initially suspended the license of the crypto exchange on 11 November 2022 following its collapse and extended the suspension once in December 2022 until March 2023. CySEC noted that during the suspension, the exchange is not permitted to offer or carry out investment services in the country or enter into any business…

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Bitfinex Upgrade
April 12, 2023 BY Steffy Bogdanova

Bitfinex obtains DASP license in El Salvador

Paolo Ardoino, Chief Technology Officer of the Bitfinex group, said: We are delighted to be the first company to be awarded this licence. It will enable Bitfinex Securities to facilitate the issuance and secondary trading of assets with clearly defined rights and obligations as outlined in the new digital asset regulatory regime. The new DASP…

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April 11, 2023 BY Steffy Bogdanova

Gate.io’s Hong Kong crypto exchange to apply for SFC licences

The application follows the Trust and Corporate Service Provider (TCSP) licence from the Company Registry in Hong Kong, the group recently obtained, allowing it to offer virtual assets custody services. These licenses will allow the Group’s Hong Kong entity, Gate HK, to serve clients in the region and comply with the special administrative region's licensing…

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April 06, 2023 BY Steffy Bogdanova

Binance asks ASIC to cancel its AFS license

The Aussie regulator has been conducting a focused evaluation of Binance’s financial services business in Australia, focusing on the categorisation of retail and wholesale consumers. ASIC issued a hearing notice on 29 March to assess whether to revoke or suspend the AFS licence held by Oztures Trading Pty Ltd. ASIC Chair Joe Longo said: It…

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March 29, 2023 BY Steffy Bogdanova

OKX plans to launch Hong Kong branch to apply for VASP licence

OKX Managing Director of Global Institutional Lennix Lai said: Regulation and licensing are key to the future success of the crypto and Web3 sectors. At OKX, we see immense potential in Hong Kong, and are committed to investing in talents and working with regulators over the next five years to continue building the local ecosystem.…

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