Gemini launches derivatives platform outside U.S amid regulation
A platform for non-US derivatives has been launched by the crypto exchange Gemini to serve customers in 29 countries and territories. Gemini’s move to relocate its business outside of the US market is a continuation of a trend among cryptocurrency businesses to look for more hospitable regulatory settings abroad. Gemini has launched Gemini Foundation, a […]
Australian Crypto Exchange Coinjar Eyes U.S. Expansion
Australian cryptocurrency exchange Coinjar is looking to expand its presence in the United States, according to CEO Asher Tan. Asher Tan, the CEO and co-founder of Coinjar, said in a May 1 interview with The Australian that he remained bullish about the sector despite the current trend of U.S. crypto companies voicing their discontent with […]
Uphold Discontinues Staking For US Customers
Crypto exchange Uphold has informed its users that it would stop providing staking services to American clients on April 27, 2023. Uphold declared that it “can’t ignore the recent SEC instructions on staking” and will therefore immediately discontinuing its staking services in response to recent SEC actions to crack down on cryptocurrency-related products and businesses. […]
Orca DEX to prevent US users from trading with its interface
According to a notice published on its official website, Orca will block all United States users from trading using its web interface beginning March 3. According to DefiLlama , the exchange saw a trading volume of over $634 million in February and has over $46 million in total value locked in Its smart contracts. The […]
US prosecutors probing collapse of Silicon Valley Bank
According to rumors, the SEC & DOJ are also looking into insider stock sales that took place just days before the Silicon Valley bank failed. The failure of Silicon Valley Bank is reportedly the subject of an inquiry by the Justice Department and the US Securities and Exchange Commission. SVB Under Fire From SEC, DOJ […]