FTX Crypto exchange relocates its headquarters to the Bahamas
One of the largest crypto-derivatives exchange, FTX has relocated its headquarters from Hong Kong to the Bahamas. The move was confirmed by an FTX spokeswoman via email on Monday, following news that FTX Trading Ltd.’s Bahamian subsidiary, (FTX Digital Markets) had been registered as a digital assets business by the Securities Commission of the Bahamas, […]
Chinese regulators unite forces to combat crypto
The Chinese central bank has established a “coordination mechanism” with state agencies in order to continue the fight against cryptocurrencies. According to state officials, the Chinese government is becoming more serious about cracking down on the cryptocurrency business, as they deploy more resources to battle cryptocurrency operations in the country. China’s People’s Bank of China […]
Kraken chief lawyer says the SEC is open to discussion on anything crypto
“I can’t support that kind of approach with regulators. It’s never been successful historically, and from our experience, we’ve found the SEC to be open to discussion,” Kraken’s chief legal officer. In the midst of a tumultuous era for certain high-profile US crypto firms and financial regulators, Kraken’s chief legal officer (CLO) is urging caution […]
Dubai makes crypto trading official following regulator’s agreement
The Dubai World Trade Centre Authority (DWTCA) has announced a partnership with the UAE’s Securities and Commodities Authority (SCA) to legalize cryptocurrency trading, issuance, and regulation. The agreement was signed by the SCA’s acting CEO, Dr. Maryam Al Suwaidi, the DWTCA’s director-general, Helal Saeed Al Marri, and a Dubai Department of Tourism and Commerce Marketing […]
Twitter makes crypto tipping available for all users
Twitter’s tipping jar will now accept cryptocurrencies, allowing any user to pay using the platform. Bitcoin tips can be sent via the Lightning Network via the Strike app, or by simply adding a BTC address to one’s profile. Twitter staff product manager Esther Crawford said in a blog post on Thursday that the crypto tips […]