Category: Cryptocurrency

TP ICAP
December 01, 2022 BY Steffy Bogdanova

TP ICAP obtains FCA registration for institutional crypto exchange

The platform will use the TP ICAP’s electronic OTC platform, Fusion, to give clients access to a non-custodial cryptoasset exchange for order matching and trade execution. Fusion Digital Assets will offer diversified liquidity from market makers around the world to its clients. Trenholme added: Over time, we believe blockchain will lead to the tokenisation of…

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November 30, 2022 BY Steffy Bogdanova

Binance acquires Japanese crypto platform Sakura Exchange BitCoin

Takeshi Chino, general manager of Binance Japan, said: The Japanese market will play a key role in the future of cryptocurrency adoption. As one of the world’s leading economies with a highly-developed tech ecosystem, it’s already poised for strong blockchain uptake. We will actively work with regulators to develop our combined exchange in a compliant…

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B2C2 introduces electronic OTC options trading product for crypto markets
November 28, 2022 BY Steffy Bogdanova

B2C2 expands use of KX’s real-time analytics software, deploys visualisation tool

Nicola White, Group CEO B2C2 commented: We are pleased to be working with KX, which supports B2C2 in delivering real-time data-driven trading insights and decisions to digital assets markets. KX is recognized and respected for its industry-leading technology across the world's major financial institutions and working with them aligns with our clients' and counterparties' capabilities.…

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ASIC ban
November 23, 2022 BY Steffy Bogdanova

ASIC sues Block Earner for unlicensed crypto offerings

ASIC is now seeking declarations, injunctions, and pecuniary penalties. ASIC Deputy Chair Sarah Court said: We are concerned that Block Earner offered financial products without appropriate registration or an Australian Financial Services licence, leaving consumers without important protections. Simply because a product hinges on a crypto-asset, does not mean it falls outside financial services law.…

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Bankman-Fried jailed ahead of his October trial
November 18, 2022 BY Steffy Bogdanova

The Bahamas regulator transfers FTX assets to government wallets for “safe keeping”

The Bahamian regulator responded: The Commission wishes to advise that it has not directed, authorized or suggested to FTX Digital Markets Ltd. the prioritization of withdrawals for Bahamian clients. The Commission further notes that such transactions may be characterized as voidable preferences under the insolvency regime and consequently result in clawing back funds from Bahamian…

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Bankman-Fried jailed ahead of his October trial
November 11, 2022 BY Steffy Bogdanova

FTX seeks rescue funds, regulators freeze its assets

Reuters reported that Bankman-Fried told staff members he has discussed raising $1 billion from Justin Sun, the Founder of the blockchain, Tron. FTX’s found has also discussed raising funds with rival exchange OKX and stablecoin platform Tether, Reuters said. Justin Sun tweeted on Thursday that Tron was “putting together a solution” for FTX. He said:…

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