HTX Recommence Operations After Temporary Halt Due to Hack
Cryptocurrency exchange HTX (formerly Houbi) has recently announced its resumptions of operations after being halted for a while due to a recent
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Laos government will halt crypto businesses deemed inactive
On Nov. 9, the Laos government announced it would halt business activities, levy fines and potentially revoke licenses of companies that do not meet their commitments or show progress in cryptocurrency mining and trading agreements in what is considered an inactive status. At the same time, outstanding fees from crypto operators
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PayPal scores UK crypto license after brief local Bitcoin buy halt
Global payment giant PayPal has received approval from the Financial Conduct Authority (FCA) to offer crypto services in the United Kingdom.According to official FCA data, PayPal has been registered to offer “certain crypto asset activities” in the U.K. since Oct. 31, 2023.According to the register, PayPal has requirements or restrictions
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Pennsylvania crypto mining permit halt cut from bill after union pressure
A Pennsylvania House Representative has cut a two-year crypto mining ban from their bill to regulate the sector’s energy consumption claiming trade labor unions pressured the change.On Oct. 16, the Pennsylvania House Environmental Resources and Energy Committee passed the Cryptocurrency Energy Conservation Act by a slim margin — 13 for
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THORswap back online 6 days after halt over detecting FTX funds
Decentralized exchange (DEX) THORSwap has resumed operations after briefly going into maintenance mode due to detecting illicit funds on its platform.THORSwap took to X (formerly Twitter) on Oct. 12 to announce that the platform is back online. The platform asked users to resume their regularly scheduled swapping of over 5,500
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Will Support Levels Halt Decline Above $0.27?
Cardano (ADA) has been on a rollercoaster ride in the cryptocurrency market, with its recent price recovery rally encountering some significant challenges. As
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Gemini to halt operations in the Netherlands by mid-November
New York-headquartered crypto exchange Gemini has decided to quit the Netherlands, following in the footsteps of crypto giant Binance. The company cites its inability to meet the regulators’ requirements but says it intends to return to the Dutch market. In a letter to its Dutch users on Sept. 26, Gemini asks
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Bybit might halt operations in the UK from October
Bybit, a crypto exchange, might halt operations in the UK due to upcoming Financial Conduct Authority (FCA) regulations from Oct. 8. In a tweet on Sep. 14, CEO Ben Zhou expressed concerns about meeting strict compliance requirements. Compliance is Bybit first priority, Regarding the UK new crypto regulation, we are in
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Luno to Temporarily Halt Investment for Some UK Users to Comply with New FCA Rules
The FCA announced in June that it would be classifying crypto as “restricted mass market investments”, which would require all crypto advertising and marketing media to contain clear warnings concerning the risks associated with crypto investments. Cryptocurrency exchange Luno will on 6 October temporarily halt some of its services in the
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Crypto Exchange Luno to Halt Some UK Clients From Investing in Crypto as FCA Regulation Looms
“The FCA has implemented new rules for crypto firms. As a result, all compliant crypto firms with U.K. customers are making a number of changes to their platforms in order to comply with the new regulations,” Taylor said. “For Luno, this includes pausing the ability to invest through the platform
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