Cryptocurrency Analysis and News Portal
Founder of Indian cryptocurrency exchange Cryptokart Gaurang Poddar announced that his company is shutting down in a LinkedIn post published last week.In his post, Poddar described the shutdown of the exchange as “difficult, given the hard work we've put in” but concluded that overall the experience was positive and
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BBC Russia has it that former Wex Exchange (formerly BTC-E) operator Dmitry Vasilyev has been detained in Italy.Some may recall the curious price discrepancies on Wex not so long ago, which raised red flags across the industry.The Wex/BTC-e ConnectionThe belief was that the exchange wanted to attract deposits to capture
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Bakkt has been trumpeted as a future main driver of crypto institutional adoption and even the bull market. The bitcoin futures exchange boasts everything Wall Street firms are looking for – the promise of uncorrelated returns to the stock market plus the confidence of regulatory oversight. But in case you
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The US Commodity Futures Trading Commission is going to investigate cryptocurrency derivatives exchange BitMEX, according to sources cited by Bloomberg.The regulator would focus on whether or not BitMEX, a Seychelles-based firm, has been offering services to the American citizens. The exchange lets people make big bets on the cryptocurrencies with
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The US Commodity Futures Trading Commission (CTFC) has launched an investigation against the cryptocurrency exchange BitMEX, Bloomberg reported today.Probe on US customersAccording to Bloomberg, BitMEX is not registered in the United States, and the CFTC is probing whether the Seychelles-based crypto exchange has broken the rules by giving access to
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Seychelles-based cryptocurrency exchange BitMEX is being probed by the U.S. Commodity Futures Trading Commission (CFTC) over client trades. The news appeared on Bloomberg Terminal soon before press time on Friday, and was followed by a tweet from the newspaper’s tech columnist
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United States regulator the Commodity Futures Trading Commission (CFTC) is reportedly investigating derivatives giant BitMEX.CFTC wants to know if Americans using BitMEXAccording to sources citing people familiar with the matter speaking to Bloomberg, the CFTC suspects that BitMEX, which is registered in the Seychelles, allowed U.S. residents to use
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The United States Chamber of Digital Commerce has taken aboard cryptocurrency exchange ErisX.Per a press release shared with Cointelegraph on July 18, ErisX has become a member of the Chamber of Digital Commerce, an advocacy group that promotes the digital asset and blockchain industry. ErisX thus joined other heavyweights of
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France is all set to experiment a legal regulatory framework for cryptocurrency platforms later this month. The framework aims to regulate consumer protection protocols, tax mandates and capital requirements.This move was made by the country’s top financial body, the Financial Markets Authority (FMA). Crypto firms are expected to voluntarily abide
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The Takeaway Gotbit inflates trading volumes on obscure cryptocurrency exchanges for a fee and has about 30 token projects as clients. The firm programs bots to trade tokens back and forth with each other, creating the illusion of active markets
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