crypto exchanges - AllStocks Network

Canadian Securities Administrators Subject Crypto Exchanges to Securities Laws

Posted on January 21, 2020January 21, 2020 by Rehan Yousaf

Canadian Securities Administrators, an umbrella organization unifying various regulatory bodies, have issued a notice that instructs crypto trading platforms and the general public about the effects of securities regulations relevant to their actions. The notice issued in called ‘Guidance on the Application of Securities Legislation to Entries Facilitating the Trading of Crypto Assets’ and is categorized as Notice 21-327. The notice details that under certain conditions, the platforms will not be subjected to securities legislation….

Japan’s Financial Regulator Eyes Strict Limits on Crypto Margin Leverage

Posted on January 14, 2020January 14, 2020 by Rehan Yousaf

Japan’s Financial Services Agency is planning to impose strict restrictions on permitted leverage for margin trading in cryptocurrency exchanges. The planned changes were reported by the Japanese news outlet Japan Times which references sources at the agency. The financial regulator is pushing for these restrictions in order to reduce the risk for margin traders on cryptocurrency trading platforms. According to the report, only twice as much as the deposited amount will be allowed as leverage….

Crypto Exchange Kraken: Law Enforcement Requests Hit a New High in 2019

Posted on January 8, 2020January 8, 2020 by Julie Williams

In its usual manner, the highly popular crypto exchange Kraken just released its latest compliance team’s transparency report for last year. The 2019 transparency report is targeted at the global law enforcement requests for the just-concluded business year. Kraken happily took to its Twitter account to share a general picture of the past year with regard to the exchange’s brushes with law enforcement agencies. A sneak peek at the report shows that law enforcement requests…

International Monetary Fund Says the Philippines to Become Key Crypto Market

Posted on January 6, 2020January 6, 2020 by Julie Williams

The crypto community wrapped up the year 2019 with a bit of good cryptocurrency news from the International Monetary Fund (IMF). As usual, the agency released its country report for the just concluded year, 2019, dubbed “Technical Assistance Report – Monetary and Financial Statistics Mission.” Only this time, the paper was focused on the Philippines’ impact on the global crypto industry and vice versa. “The Philippines may become an important market for crypto assets,” says…

Crypto Exchange Poloniex Urges Users to Reset Passwords After Data Leak

Posted on January 2, 2020January 2, 2020 by Rehan Yousaf

Poloniex, a digital asset exchange based in the US, has notified its users that they need to reset their passwords for their accounts on the exchange. Poloniex initially sent users individual emails regarding the password and account security reset but after one of the crypto exchange’s customers posted on Twitter a screenshot of the email, claiming that it is a scam, the company tweeted and replied that the email is real. The company requested from…

South Korea’s National Tax Service to Take $70M from Crypto Exchange Bithumb

Posted on January 1, 2020January 1, 2020 by Rehan Yousaf

In a shocking turn of events, South Korea’s National Tax Service (NTS) is planning to withhold tax from Bithumb, the largest crypto exchange in the country, on income from foreign clients. This is the first time that the NTS has moved to withhold tax on income obtained from cryptocurrency transactions. There exists no law in the country that dictates taxation for income gained from digital currency trading, although there had been reports it is in…

Coinbase Secures Patent for Bitcoin Transactions via Email Addresses

Posted on December 22, 2019December 22, 2019 by Julie Williams

The CEO of one of the most popular cryptocurrency exchanges Coinbase, Brian Armstrong, has recently been granted a patent which will allow consumers to trade Bitcoin through email, according to the United States Patent and Trademark Office (USPTO). The cryptocurrency patent, which was granted in the U.S., portrays a digital system for crypto consumers to make payments in cryptocurrencies through a more common medium like email addresses. The patent essentially describes how these far more…

Crypto Exchange Kraken Expands with Acquisition of Circle Trade OTC

Posted on December 19, 2019December 19, 2019 by Rehan Yousaf

The major US-based cryptocurrency exchange Kraken, has released an official announcement about the acquisition of Circle Trade, an over the counter (OTC) digital asset trading platform, in a notice posted on 17th December. Kraken shared that the company’s OTC desk that is being run by the Wall Street expert Nelson Minier, will broaden to a team of 20 people from across the world. The new changes, according to the official blog post, will help them…

Bankrupt Crypto Exchange QuadrigaCX’s Investors Request Founder’s Postmortem

Posted on December 15, 2019December 15, 2019 by Rehan Yousaf

The death of the founder of the now-defunct Canadian crypto exchange QuadrigaCX, Gerald Cotten, earlier this year has resurfaced in the news as Miller Thomson LLP has requested the Royal Canadian Mounted Police to conduct postmortem autopsy on the body. Legal representatives of consumers of the bankrupt cryptocurrency exchange have requested the police and other associated authorities to exhume the body of the deceased founder of the Canada-based crypto company. Lawyers have called for the…

$300M Lawsuit Filed Against Crypto Exchange BitMEX for Concealing Investor’s Equity

Posted on December 14, 2019December 14, 2019 by Rehan Yousaf

One of the most prominent cryptocurrency exchanges, BitMEX, is being sued for $300 million after it allegedly did not meet its equity and stiffed an investor. According to the lawsuit filed against the crypto company by Frank Amato and RGB Coin Ltd., who were one of the first seed investors of BitMEX back when it had started in 2015, they will now be pursuing action against the company and its CEO, Arthur Hayes. The details…

1 2 3 … 16 »