Crypto Broker – DIGIT INFO

Institutional crypto broker FPG halts withdrawals after $20M cyberattack

DIGIT — Thu, 15 Jun 2023 03:34:37 +0000

Floating Point Group informed customers that withdrawals had been halted after experiencing a security breach on Sunday evening.

Go to Source

SEC to up scrutiny of firms offering or giving advice about crypto

DIGIT — Wed, 08 Feb 2023 06:17:27 +0000

Registered crypto brokers and advisors may need to be on edge when giving advice this year, after a recent warning from the SEC.

Go to Source

Russian Government to Track Crypto Transactions With Help From Anti-Drug Organization

DIGIT — Thu, 04 Nov 2021 18:30:06 +0000

Russian institutions have responded to a call from а public movement for joint efforts to identify cryptocurrency transfers related to drug trade. The anti-drug organization, Stopnarkotik, recently asked the interior ministry and the central bank to investigate alleged connections between U.S.-sanctioned crypto exchange Suex and a darknet market operating in the region. Russian Authorities Respond […]

Go to Source

Suex Founder Loses Top Job Over US Sanctions, Major Exchange, Payment Provider Implicated

DIGIT — Sun, 26 Sep 2021 16:30:16 +0000

The scandal around sanctioned crypto broker Suex is growing in Russia where one of the co-founders of the OTC platform has been dismissed from his executive post at a bank. Meanwhile, an anti-drug organization has referred the case to the interior ministry and the central bank, asking authorities to investigate Suex’s connections with financial companies […]

Go to Source

Blacklisted Suex Addresses Received Over $900 Million in Crypto, Report Reveals

DIGIT — Thu, 23 Sep 2021 16:00:16 +0000

Cryptocurrency addresses allegedly used by Russian exchange Suex, recently placed under U.S. sanctions, have received more than $934 million in crypto assets, blockchain analysis suggests. According to the Treasury Department, over 40% of the platform’s transactions involved criminal actors. A Suex co-founder has denied any illegal activity. Sanctioned Crypto Broker Suex Processed $370 Million of […]

Go to Source

US Sanctions Russian Crypto Broker Suex for Laundering Millions in Illicit Funds

DIGIT — Wed, 22 Sep 2021 15:00:12 +0000

The U.S. Treasury Department has blacklisted Suex, a cryptocurrency broker based in Russia, for its money laundering activities. The platform is suspected of processing hundreds of millions of dollars in crypto transactions related to scams, ransomware attacks, darknet markets, and the infamous BTC-e exchange. OFAC Adds Russian Crypto OTC Exchange Suex to Blacklist The Office […]

Go to Source

UK’s Standard Chartered to Offer Crypto Brokerage Services in Ireland

DIGIT — Sun, 08 Aug 2021 12:30:47 +0000

British bank Standard Chartered will offer cryptocurrency broker services in Ireland through its Zodia Custody subsidiary. The digital asset custodian will focus on signing up institutional investors in the Republic which has become a European base for many financial institutions and crypto companies. Standard Chartered to Provide Crypto Custody to Institutions in Ireland Zodia Custody, […]

Go to Source

Coinbase CEO Brian Armstrong says proposed crypto tax rule makes no sense

DIGIT — Thu, 05 Aug 2021 14:05:31 +0000

The crypto exchange boss is the latest to decry plans to enact sweeping changes to cryptocurrency tax reporting in the United States.

Go to Source

Genesis Reports Q2 Crypto Loans Spiked 118% to $1.4 Billion Amid Rising Yield Farming Interest

DIGIT — Wed, 05 Aug 2020 13:15:44 +0000

Genesis Capital said Tuesday that its total number of loans outstanding more than doubled to $1.4 billion for the second quarter to June, up from $649 million three months earlier. The crypto lender, which targets institutional investors and wealthy individuals, added over $2.2 billion in new originations, an increase of 324% year-on-year. Since the launch […]

The post Genesis Reports Q2 Crypto Loans Spiked 118% to $1.4 Billion Amid Rising Yield Farming Interest appeared first on Bitcoin News.

Go to Source

Crypto Broker Voyager Digital Lists on Canada’s TSX Venture Exchange

DIGIT — Tue, 12 Feb 2019 18:21:57 +0000

Canadian crypto asset broker Voyager Digital Ltd has started trading its shares on the Toronto Ventures Exchange (TSX.V). The company listed through a reverse takeover of mineral exploration company UC Resources. Voyager argues that going public will help to improve transparency in the crypto market while promoting adoption by allowing traditional investors to tap into […]

The post Crypto Broker Voyager Digital Lists on Canada’s TSX Venture Exchange appeared first on Bitcoin News.

Go to Source