Nexo Dissolves UK Units in Major Restructuring Move
As part of a comprehensive business restructuring, the cryptocurrency lending platform Nexo has announced the dissolution of its UK-based entities. This move aims to optimize its services and position the company for future development in the DeFi market. The company announced the decision on May 11, citing its intention to streamline its operations and expand […]
CFTC charges 12 crypto-based businesses in New York for failure to register
The Commodity Futures Trading Commission (CFTC) has penalized 12 crypto options companies in New York for failing to register with the agency. Some of the listed companies include Bitfxprofit, Star FX Pro, Smarter Signals and BinanceFx Trade. The CFTC announced in a news statement on Sept. 29 that it is pursuing charges against 14 organizations […]