[ad_1] Bankrupt crypto exchange FTX and its debtors have suggested reducing the maximum settlement value for “small estate claims” from $10 million to $7 million. The changes follow opposition from the US…
Category: crypto exchanges
Binance Irked by SEC’s Move to Query CEO of US Affiliate
[ad_1] Binance has criticized the US Securities and Exchange Commission (SEC) for reportedly making “grossly” and “unreasonable” requests for information over the last 45 days. The regulator’s discovery requests included demands that…
Decoding Ripple’s Ruling: A Potential Tsunami for the SEC
[ad_1] In a groundbreaking decision earlier this month, the Court of the Southern District of New York ruled that the institutional sale of XRP made directly by Ripple constituted a sale of…
Global rules for crypto exchanges? These are the plans of the G20
[ad_1] Advertising Members of the Financial Stability Council (FSB) recommend new global regulations for crypto exchanges. This includes steps to reduce risk and avoid conflicts of interest. More transparency for crypto exchanges…
SEC Reduces Defunct LBRY Fine to $111K
[ad_1] The US securities regulator has been seeking to drastically reduce the fines courts are seeking to slam against LBRY, a blockchain-based file sharing and payments network that was sued in March…
South Koreans transacted $4.3 billion through illegal crypto exchanges
[ad_1] South Korea has tightened its regulations against crypto exchanges, but it seems that some citizens are still involved in illegal transactions. According to local sources, South Korea transacted 5.6 trillion Korean…
Crypto Exchange Hacks and Insurance: Risks, Coverage, and Limitations
[ad_1] In recent years, cryptocurrency exchanges have become popular targets for hackers, resulting in significant losses for both investors and exchanges. As a result of this threat, several exchanges started offering insurance…
Crypto Exchanges Binance and Kuna Suspend Card Transactions in Ukrainian Hryvnia – Exchanges Bitcoin News
[ad_1] The main cryptocurrency exchanges operating in Ukraine have temporarily suspended operations with hryvnia bank cards. The move stems from restrictions imposed by the country’s central banks, Binance and Kuna pointed out…