FTX Reportedly Pays $120M in Consulting Fees
Between February 1 and April 30, the collapsed FTX exchange spent a total of $121.8 million on consulting and financial services.
FDIC Accuses Crypto Exchange OKCoin of Misleading its Customers
The FDIC has accused OKCoin of making misleading statements about deposit insurance.
Binance Leaves the Netherlands
Binance is leaving the jurisdiction of the Netherlands as the exchange is unable to obtain a virtual asset service provider (VASP) license from the local regulator.
Binance Files to Revoke Registration in Cyprus
Binance has filed an application with the Cyprus Securities and Exchange Commission (CySEC) to withdraw its registration.
Binance.US’ Market Share Falls to 2.7%
Binance.US has seen a sharp decline in its market share in the US, dropping to the lowest level in two years with only 2.7% of exchange volume.
OKX Middle East Receives MVP Preparatory License From VARA in Dubai
Dubai, United Arab Emirates, June 15th, 2023, Chainwire UAE to serve as strategic global and regional business hub, OKX to expand to 30 staff OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced that OKX Middle East Fintech FZE (OKX Middle East) has received a Minimal Viable Product (MVP) Preparatory license from the […]
Coinbase Says DEXes Cannot Be Regulated as Centralized Exchanges
It is impossible to regulate decentralized exchanges (DEX) like centralized exchanges due to the lack of clear congressional authorization.
