The government will spend six additional months reorganizing the entity, which it shut in March 2023.
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Category: Regulation News
Bitcoin gains legal recognition as digital currency in Shanghai, China
A similar report from another Chinese court in September recognized cryptocurrencies as virtual properties protected by law.
Taiwan bans unregistered foreign crypto exchanges from operating
Besides local exchanges like Maicoin, major global crypto trading firms like Binance, Bybit and Kraken have also been serving customers in Taiwan.
JPMorgan’s subsidiary Chase UK to restrict crypto transactions
Starting from Oct. 16, Chase Bank customers in the United Kingdom will no longer be able to make crypto transactions.
Tether reportedly shuts USDT redemption for some Singapore customers
In an email, Tether said Cake DeFi is controlled by “another corporation that resides in Singapore,” precluding it from redeeming USDT. Tether CTO Paolo Ardoino […]
Crypto firm claiming $1.4B in trades on CMC flashes reportedly fake license data
A crypto exchange claiming $1.7 billion in daily trades and reporting $1.4 billion on CoinMarketCap had reportedly displayed false license data until Estonian regulators checked […]
Taiwan’s major crypto exchanges form association to advance industry interests
MaiCoin Group, BitoGroup and Ace Exchange became the first three founders of the Taiwan Virtual Asset Platform and Transaction Business Association.
CZ appoints Binance security team to track Huobi HTX stolen funds
To minimize the damage, HTX proactively offered 5% of the drained funds as a “white-hat bonus,” which would amount to nearly $400,000.
Celsius creditors vote in favor of reorganization plan
The majority of Celsius creditors have voted in favor of a plan that will see approximately $2 billion worth of Bitcoin and Ethereum returned to […]
Crypto bills could be delayed as many prepare for US gov’t shutdown
Bills focused on crypto regulation, market structure, and stablecoins could all be put on hold if U.S. lawmakers don’t reach a decision on government spending […]