Brian Armstrong claimed SEC staff said all cryptocurrencies but Bitcoin are securities and requested the exchange delist all other cryptocurrencies.
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Category: Delist
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Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown
Cryptocurrency exchange Coinbase announced it will suspend trading and delist the Paxos-managed stablecoin asset BUSD. The decision follows Paxos’ revelation that the New York State Department of Financial Services directed the firm to stop issuing the U.S. dollar-pegged token BUSD. Coinbase to Suspend BUSD Stablecoin on March 13 On Feb. 27, 2023, Coinbase announced that […]Powered by WPeMatico
Huobi to delist Monero and other privacy coins, citing regulatory pressures
The exchange cited its own token management policy and compliance efforts as primary reasons for delisting seven privacy coins.
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eToro to delist Cardano by 2022 for US users due to regulatory concerns
The moved surprised some users as ADA has not been typically on regulators’ radars as of late.
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Kraken to delist Monero for UK customers by the end of November
Although privacy coins grant users unparalleled protection for their personal information, some fear they can easily be used for illicit purposes.
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Korean Exchanges Delist High-risk Coins as They Face Tough Regulations
Crypto trading platforms in South Korea are delisting certain digital currencies as they move to comply with stricter rules for the industry. The trading of some high-risk coins has been either halted or completely suspended on several Korean exchanges this week. South Korean Exchanges Wipe Trading Lists of Risky Digital Assets Trying to meet Seoul’s […]Powered by WPeMatico
Okex Cryptocurrency Exchange to Delist 42 Trading Pairs
Hong Kong-based cryptocurrency exchange Okex will delist 42 trading pairs on Oct. 31 for failing to meet its listing requirements. Tokens such as iconomi, read and prochain, all paired with BTC, have been cited as having “weak liquidity and trading volume.” Okex said the move will create “a robust trading environment.” Also Read: Visa CEO Plays […]
The post Okex Cryptocurrency Exchange to Delist 42 Trading Pairs appeared first on Bitcoin News.
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Exchanges Roundup: Glen Oaks Escrow Supports Crypto, Binance to Delist 4 Altcoins
In recent news pertaining to cryptocurrency exchanges, Glen Oaks Escrow has announced that it has partnered with Bitpay to support cryptocurrency payments and Binance has revealed that it will delist Bytecoin, Chatcoin Iconomi and Triggers next month. Etoro, meanwhile, has announced a “significant cut” in the spreads on cryptocurrency markets on its platform. Also Read: Korean […]
The post Exchanges Roundup: Glen Oaks Escrow Supports Crypto, Binance to Delist 4 Altcoins appeared first on Bitcoin News.
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All Cryptocurrency Exchanges in Japan Must Comply With Five New Criteria
The Japanese financial regulator has imposed five new criteria for all cryptocurrency exchanges operating in the country. These rules apply to existing exchange operators as well as new ones applying for registration for the first time. On-site inspections will be conducted on all exchanges prior to approval. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]
The post All Cryptocurrency Exchanges in Japan Must Comply With Five New Criteria appeared first on Bitcoin News.
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Japanese Regulator Pressures Exchanges to Drop Privacy Coins
Japan’s Financial Services Agency, tasked with monitoring the country’s cryptocurrency exchanges, has quietly been pressuring platforms to delist privacy coins. Coincheck has already done so in the wake of the $400 million NEM hack. If fellow exchanges follow suit, it could signal the beginning of the end for privacy coins such as zcash and monero […]
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