Headquartered in Dubai, crypto exchange Bybit said it will suspend services to residents of the United Kingdom starting in October due to “regulatory changes.”
Category: Regulation News
Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report
It’s hard to know how much a collapsed crypto firm like FTX would be worth by the time its bankruptcy is resolved.
EU Parliament research recommends non-EU nations tighten crypto regulation
Potential implications around financial stability, lower market appeal and mainstream use of stablecoins were the main concerns highlighted by the author of the report.
eToro secures crypto registration in Cyprus to expand in EU
According to eToro deputy CEO Hedva Ber, Europe is “hugely important” for the firm as the majority of eToro users are based in the region.
Binance and CEO Chanpgeng Zhao asks court to dismiss SEC suit
Binance Holdings, it’s U.S. counterpart and CEO Changpeng Zhao have filed motions seeking the dismissal of a lawsuit against them by the Securities and Exchange […]
Judges deny Sam Bankman-Fried’s appeal for early release
The former FTX CEO will remain in jail following three judges with the 2nd U.S. Circuit Court of Appeals calling the arguments behind a motion […]
Judge grants DoJ motions barring testimony of Sam Bankman-Fried’s witnesses
Judge Lewis Kaplan left the door open for SBF’s defense team to call some of the precluded witnesses in response to testimony presented by the […]
UK FCA gives unregistered crypto firms ‘final warning’ on ads regime compliance
The financial regulator expressed its frustration at the lack of engagement from crypto firms in a strongly worded letter.
Binance plans to delist stablecoins in Europe citing MiCA compliance
A Binance executive said the cryptocurrency exchange plans to delist stablecoin in the European market by June 2024 in order to comply with standards laid […]
Redefining Money: America’s digital currency dilemma
As the United States House Financial Services Committee looks to further impede the introduction of a digital dollar, where does this resistance to a CBDC […]