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Russia’s Minfin Considers Launching Domestic Crypto Exchange

Russia’s Minfin Considers Launching Domestic Crypto Exchange

Russia’s central bank and finance ministry are discussing the creation of a domestic cryptocurrency exchange. Russia’s top financial officials are battling unresolved issues as the nation investigates the creation of its cryptocurrency trading platforms in an effort to avoid the effects of international sanctions. The ongoing conversations between the Ministry of Finance and the Bank […]

OKX to Suspend Accounts Engaging with Tornado Cash

OKX to Suspend Accounts Engaging with Tornado Cash

OKX COO, Star Xu warned account holders that using Tornado Cash (TORN) will result in a suspension. The CEO of OKX has announced in a statement published on X that users who have been previously sanctioned will be prohibited from opening new accounts on the platform. Additionally, the crypto exchange will terminate the accounts of […]

Canada Exchanges Rush Before CIRO Membership Deadline

Canada Exchanges Rush Before CIRO Membership Deadline

This change aims to create a safer, more regulated environment for cryptocurrency investors in Canada. Canada’s authorities have presented the CTPs with a deadline to submit their applications for investment dealer registration and membership with the Canadian Investment Regulatory Organization (CIRO). This push coincides with the end of the previously allowed transitional period, during which […]

Bybit Suspends Buying and Selling Activities in France

Bybit Suspends Buying and Selling Activities in France

Bybit has been conflicting with the French government since 2022 and has formally withdrawn from the French market. Many nations are developing their perspectives on cryptocurrencies and how to regulate them amid a lack of regulations. In Western Europe, France, a country with a rich heritage and culture, has implemented significant regulatory changes about cryptocurrency. Subsequently, Bybit, […]

Bitvavo Adds Nasdaq’s Surveillance Tool to Detect Market Abuse

Bitvavo Adds Nasdaq’s Surveillance Tool to Detect Market Abuse

Bitvavo, a Dutch cryptocurrency exchange, has teamed up with Nasdaq to keep an eye on the markets for indications of illicit behavior.  In a news release issued today, July 31, the EU-regulated cryptocurrency exchange Bitvavo stated that it will employ the Nasdaq Market Surveillance tool to look into and identify “suspected market abuse.” The agreement […]