Appeal Court Orders Appointment of Independent Examiner for FTX
The United States Court of Appeals for the Third Circuit ordered the judge supervising the bankruptcy of cryptocurrency exchange FTX to appoint an independent examiner months after the initial filing. Three judges of the Third Circuit reversed a ruling by Judge John Dorsey of the U.S. Bankruptcy Court for the District of Delaware on January […]
Gemini Launches Services in France Following Regulatory Approval
Winklevoss twins launched the Gemini exchange, which has received a regulatory license to operate in France. According to CNBC reports, the Autorite des marches financiers (AMF) authorized the exchange today as a provider of virtual asset services. After completing the required preparation processes, the company hopes to fully operationalize its platform for French consumers in […]
OKX to Delist Several Spot Trading Pairs
OKX, one of the biggest cryptocurrency exchanges, revealed that it would be delisting many trading pairs simultaneously. OKX will delist stablecoin USD Coin (USDC), Tether (USDT), and Bitcoin (BTC) trading pairings with several well-known cryptocurrencies that prioritise privacy, such as Monero (XMR) and Dash (DASH), per the announcement made on December 29. The dates of […]
Crypto.com Secures FCA Nod for E-Money Offerings in UK
Crypto.com has secured authorization as an Electronic Money Institution (EMI) from the UK’s Financial Conduct Authority (FCA). Currently, European central banks regulate and accept electronic money as a digital replacement for fiat money. E-money, like conventional bank-issued currencies, is intended to make transactions easier and serve as a means of payment. The most recent event […]
Coinbase to List ADA, LINK, DOGE, XLM Future Pairs
Coinbase International Exchange, a subsidiary of Coinbase Global Inc., has declared that it will list four new assets—Cardano (ADA), Dogecoin (DOGE), Chainlink (LINK), and Stellar—as perpetual future contracts (XLM). The trading giant revealed that the four trading pairs for the four assets would be posted by 10 am UTC on December 30, paving the way […]