SEC Deems DASH, ALGO, and OMG ‘Unregistered Securities’ in Bittrex Lawsuit

According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto asset tokens were offered and sold as investment contracts and are securities. The news follows the SEC’s designation of several crypto assets as securities, including the case against Terraform Labs, which insists […]

Go to Source

Powered by WPeMatico

Binance Opens Regional Blockchain Hub in Georgia

Binance Opens Regional Blockchain Hub in GeorgiaCrypto exchange Binance has announced the opening of a blockchain hub in Georgia which will promote cryptocurrency adoption in the region. The move comes on the backdrop of a number of partnerships, initiatives, and events the company is involved in in the country. Digital Asset Exchange Binance Establishes ‘Web3 Outpost’ in Georgia Binance, the world’s […]

Go to Source

Powered by WPeMatico

Founder of Crypto Exchange Bitzlato Denies US Charges

Founder of Crypto Exchange Bitzlato Denies US ChargesThe founder of cryptocurrency exchange Bitzlato has denied guilt in a money laundering case in the United States. Anatoly Legkodymov was arrested in Miami, in mid-January, for his role in running the trading platform which allegedly processed over $700 million in illicit funds. Bitzlato Founder Legkodymov Appears in US Court Anatoly Legkodymov, one of the […]

Go to Source

Powered by WPeMatico

Bitzlato Co-Founder Anton Shkurenko Arrested in Russia, Report

Bitzlato Co-Founder Anton Shkurenko Arrested in Russia, ReportRussian authorities have reportedly arrested the second co-founder of seized cryptocurrency exchange Bitzlato. The man, who recently promised to restore the platform’s operations from Russia, was detained at the request of Interpol and may face extradition to France. Another Co-Founder of the Russia-Linked Bitzlato Exchange Apprehended in Moscow Anton Shkurenko, co-founder of the recently busted […]

Go to Source

Powered by WPeMatico

Binance to Support Georgia’s Crypto Industry Through Blockchain Education

Binance to Support Georgia’s Crypto Industry Through Blockchain EducationDigital asset exchange Binance has agreed to help Georgia to develop its cryptocurrency sector by launching educational and other blockchain initiatives. The leading coin trading platform has been expanding its presence in the region with similar projects in other countries. Binance and Georgian Tech Agency to Jointly Develop Country’s Crypto Economy The world’s largest cryptocurrency […]

Go to Source

Powered by WPeMatico

Bitzlato Executives Arrested in Europe, Exchange Laundered €1 Billion, Europol Says

Bitzlato Executives Arrested in Europe, Exchange Laundered €1 Billion, Europol SaysEuropean law enforcement authorities have detained four more members of the executive team of crypto exchange Bitzlato, Europol announced. According to the police agency, nearly half of the funds processed through the platform were associated with various criminal activities. Bitzlato Senior Management Targeted in Europe, Exchange Infrastructure Dismantled High-ranking executives of the recently busted Bitzlato […]

Go to Source

Powered by WPeMatico

Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps

Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily SwapsAccording to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023, Uniswap version three (V3) has the highest trade volume during the past 24 hours at […]

Go to Source

Powered by WPeMatico

Huobi Korea Plans to Cut Ties With Parent Company, Strengthen Domestic Presence

Huobi Korea Plans to Cut Ties with Parent Company, Strengthen Domestic PresenceAccording to a report from South Korea, the Korean subsidiary of Huobi Global is planning to cut ties with the parent company. The management of the trading platform stated that they plan to “strengthen its position” as a domestic cryptocurrency exchange and change its name. Huobi Experiences Significant Withdrawals as Subsidiary Huobi Korea Looks to […]

Go to Source

Powered by WPeMatico

Binance Joins Association of Certified Sanctions Specialists

Binance Joins Association of Certified Sanctions SpecialistsCryptocurrency exchange Binance has become a member of an organization providing training for sanctions compliance. With the move, part of efforts to improve its capabilities in this field, the largest trading platform for digital assets joins a club of multinational corporations and financial institutions. Crypto Exchange Binance Seeks Additional Sanctions Training for Its Compliance Team […]

Go to Source

Powered by WPeMatico